Senior Counsel – Commercial Real Estate (Hybrid – Chicago)

Job title: Senior Counsel – Commercial Real Estate (Hybrid – Chicago)

Company: Sears

Job description: BusinessTransformco CorporateJob DescriptionThis 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 as well as leasing experience is required for this role.LOCATION: This is a hybrid role, with a report to office requirement of three (3) days per week. The office is located at 500 West Madison, Suite 1250, Chicago, IL 60661Job Duties/Responsibilities:

• 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

Requisition ID1019654BREmployment CategoryRegular, Full-timeTravel RequirementsNoneResponsibilities/Skills/Experience Requirements

• 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 required, 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 process, 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

Job FunctionLaw/Government AffairsYears Experience5 – 10 Years ExperienceWork-In Postal Code60661EEO/EOE FooterEqual Opportunity Employer / Disability / Vet.Posting Tags#Corporate, #RealEstateCompany BrandTransformcoCompensation Range175-185kAdditional Compensation ExplanationN/A

Expected salary: $175000 – 185000 per year

Location: Chicago, IL

Job date: Sat, 08 Mar 2025 23:53:29 GMT

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