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Job Description
Description
Salary
Realty Income aims to be a globally recognized leader in the S&P 100, committed to creating long-term value for all stakeholders. These stakeholders include our dedicated team members, who embody our purpose: building enduring relationships and brighter financial futures. This guiding principle serves as a beacon for our team, influencing every action we take.
Our employees consistently invest their time, commitment, and dedication into the company, and in turn, they receive investment returns in the form of purpose, belonging, and opportunities for advancement.
Realty Income is committed to best-in-class corporate responsibility practices through environmental initiatives, governance programs, and community outreach projects. From the boardroom to the breakroom, our team members make a difference every day.
Realty Income is looking to hire an AVP, Senior Legal Counsel who will provide professional legal counsel for the leasing and management of the Company’s national portfolio of properties. Responsibilities include assistance to Asset Management, Property Management and Lease Administration business units on a broad range of legal matters; supervise and administer all necessary legal services in assigned matters, in conjunction with other in-house attorneys, paralegals or outside counsel as required; and provide legal advice to relevant decision makers throughout the Company, including upper management and executives.
What you will be working on:
- Draft and negotiate complex leases and leasing related documents (e.g., amendments, consents to assignments and subleases, guaranties, deferred maintenance agreements, lease termination agreements), including for bulk leasing and master lease transactions.
- Provide sophisticated legal support to the Company’s property management business team through creative problem solving.
- Review and analyze tenants’ corporate organizational structure in connection with lease assignments and change of control matters.
- Counsel internal clients regarding a myriad of legal issues, including lease interpretation, risk mitigation strategies, defaults, violations, CAM issues and disputes, REAs, CCRAs, title and survey matters, and sustainability and environmental matters.
- Supervise, develop and mentor direct reports to develop skills, cultivate teamwork, and advance career goals.
- Supervise outside counsel, as applicable.
- Support VP, Sr. Legal Counsel in providing leadership and direction to the legal team in issue spotting, problem-solving, risk mitigation, best practices, and drafting skills to continually provide quality legal services.
- Assist executives with the Legal Department in the development and enhancement of form documents for use by the Legal Department and business units.
- Work with executives within the Legal Department in the creation and revision of corporate policies and procedures and assist as necessary in the implementation of same.
Secondary functions:
- Perform general document review and drafting (e.g., confidentiality agreements, letters of intent).
- Provide routine advice/counsel to all departments on legal matters.
- Manage miscellaneous and various corporate legal matters.
- Prepare presentations and provide training to attorneys, paralegals, Asset Management, Property Management, and others, as requested.
What you need to be successful:
- We expect our legal counsel to have a Juris Doctorate degree from an accredited law school.
- We expect 10+ years of relevant, on-point legal experience, either in-house or with a law firm.
- Significant experience in commercial real estate law, with a strong focus on representing landlords or tenants in complex leasing and property management matters involving numerous asset types.
- Active bar license in good standing in the state in which you reside.
What You’ll get in Return:
- Competitive Salary including potential for bonus and stock awards.
- Best-in-class Benefit Package
- Collaborative, team-oriented environment
- Opportunities for Continuing Professional Development
Additional information can be obtained from the corporate website at www.realtyincome.com.
The pay range for this role is $164,620 - $207,686 - $264,749.
Offers near the high end are uncommon but may be considered for candidates with exceptional experience and skills and are dependent on the facts and circumstances of each case. You may be eligible for an annual discretionary bonus and an annual discretionary stock award, to be discussed during the interview process. An annual pay rate and total compensation package is generally determined by the candidate's experience, knowledge, education, skills, performance, and abilities, as well as internal equity, company performance, and alignment with market data.
Realty Income will be accepting applications for this role until May 30, 2025. Should the company deem necessary, the application deadline may be extended without further notice. To apply please click the “Apply” button.
Most US based full-time and part-time roles come with flexible schedules. We offer a best-in-class benefits package that includes healthcare, dental, and vision insurance for employees and eligible dependents. Our 401(k)-retirement plan has a company match of 50% up to 6% of eligible compensation. Realty Income also offers other wellness, financial, and work/lifestyle-specific benefits, along with 12 PTO hours every month; in addition to 12 paid holidays, and paid volunteer time. Realty Income’s purpose is to build enduring relationships and brighter financial futures, and this starts with you!
Realty Income is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. If you require accessibility support to submit your application or other reasonable accommodations to participate in the recruitment process, please contact [email protected], or call 800-375-6700. An employee will respond to your message to begin the interactive process. Please note that this phone number and email address are only for individuals seeking a disability accommodation when applying for a job.
- $164,620 - $207,686
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