Senior Counsel - Commercial Real Estate

Senior Counsel – Commercial Real Estate

Company:
Sears (Transformco)

Location:

33 W Monroe St, The Loop, Chicago, IL 60603 (Hybrid – 3 days in office)

Salary Range: $165k – $175k

This position handles highly complex legal matters and projects. Drafts high priority real estate legal documents and counsels business partners on real estate transactions, including leasing, subleasing, dispositions, acquisitions, redevelopments, defaults, disputes, construction contracts, and asset management. Represents the corporation in performing legal transactions. A JD with at least 8 years of retail or commercial real estate transactions and leasing experience is required.

• Draft and negotiate sophisticated disposition and acquisition agreements (and close on real estate transactions), lease agreements, sublease agreements, lease amendments, letters of intent, REA documents, consent letters and other relevant real estate legal documents.
• Negotiate and close on sophisticated real estate transactions, including dispositions, acquisitions and redevelopments.
• Identify and assess risk to the company, recommend course of action and develop solutions.
• Leasing, subleasing and development work.
• Construction contract review and negotiation.
• Assist and counsel asset management and property management teams with curing defaults and providing correspondence to resolve defaults.
• Provide interpretation for leases, REAs and other real property documents in advising business team of risks and business strategies.
• Interface with business units and cross‑functional teams within Transform.
• Supervise and interface with outside law firms and business units within Transform.

• Proven ability to manage multiple projects and meet deadlines.
• A Juris Doctorate Degree with at least 8 years of relevant experience in transactional retail or commercial real estate, including dispositions, acquisitions, leasing (including assignments and sale‑leaseback), subleasing, title insurance, subdivision, development/redevelopment, construction contracts, and curing defaults.
• Experience should include law firm and in‑house commercial real estate experience.
• Experience working with retail assets is a plus.
• Ability to operate with limited supervision, counsel senior business clients, handle challenging negotiations, develop and manage processes, and show good judgment.
• Highly developed analytical and conceptual skills.
• Ability to be effective at troubleshooting and improvising in unexpected situations and must assume full responsibility and take action without direction within appropriate area of responsibility.
• Effective verbal and written communication skills are critical.
• Must be capable of working independently without significant direction from superiors, and must be a self‑starter capable of problem‑solving and finding solutions.

10 – 15 Years

None

United States

33 W MONROE STE 1300, Chicago, IL 60603

Regular, Full‑time

Equal Opportunity Employer / Disability / Vet.