Principal Real Estate Specialist
Company: Northrop Grumman
Location: Mc Lean
Posted on: August 6, 2022
At Northrop Grumman, our employees have incredible opportunities
to work on revolutionary systems that impact people's lives around
the world today, and for generations to come. Our pioneering and
inventive spirit has enabled us to be at the forefront of many
technological advancements in our nation's history - from the first
flight across the Atlantic Ocean, to stealth bombers, to landing on
the moon. We look for people who have bold new ideas, courage and a
pioneering spirit to join forces to invent the future, and have fun
along the way. Our culture thrives on intellectual curiosity,
cognitive diversity and bringing your whole self to work - and we
have an insatiable drive to do what others think is impossible. Our
employees are not only part of history, they're making history.
Put your skills to the test by pushing the boundaries of what's
possible. From global defense to sustainment and modernization to
mission readiness, your experience and ability will make it a
reality. Our programs are built on equal parts of curiosity and
collaboration. Our combined effort means our customers can connect
and defend millions of people around the world. With Northrop
Grumman, you'll have the opportunity to be an essential part of
projects that will define your career, now and in the future.
Northrop Grumman is seeking a Principal Real Estate Specialist to
join our team of qualified, diverse individuals. This position will
be in McLean, Virginia.
In this position your roles and responsibilities include:
Responsibility for owned and leased property with the company's
real estate portfolio.
- Preparing leases, commencement agreements, cancellation notices
and renewal letter agreements.
- Preparing annual facility budgets and is responsible for
payment of rent, operating expenses, and real estate taxes for
- Researching and advising landlord, corporate administrator,
counsel and property manager on rent issues and other
- Reconciling operating expense and real estate taxes for year
- Performing a variety of activities in support of Real Estate
department reporting to Sector Real Estate and Facilities
- Interacting with the Sector Real Estate and Facilities
Manager/Director, Real Estate, Sector Program Managers, Sector
Legal (also outside council if need be), Risk Management, EH&S
and Security with Landlords and National Corporate Brokerage
- Managing all aspects of the real estate process as outlined in
- Working in conjunction with Sector Real Estate and Facilities
Manager, Corporate Broker and Law Department to issue Request For
Proposal (RFP), negotiate real estate leases, licenses, and
amendments using Standard Lease terms and conditions.
- Engaging affected functional departments to perform their
responsibilities related to the real estate process.Basic
Principal Real Estate Specialist
- Must have 10 years of related experience in lieu of degree;
Will consider have Bachelor's degree with 6 Years of related
experience; Or 4 Years of experience with Master's degree.
- Demonstrated ability to analyze and develop innovative
solutions to complex problems.
- Demonstrated ability to negotiate leases, agreements,
cancellation notices, etc.
- Proficiency with MS Office products (Word, Excel, PowerPoint,
Project and Outlook)Preferred Qualifications:
- Knowledge of IBM TRIRIGA Integrated Workplace Management
- Ability to communicate effectively at the highest levels.
Salary Range: $83,800 USD - $125,800 USD
Employees may be eligible for a discretionary bonus in addition to
base pay. Annual bonuses are designed to reward individual
contributions as well as allow employees to share in company
results. Employees in Vice President or Director positions may be
eligible for Long Term Incentives. In addition, Northrop Grumman
provides a variety of benefits including health insurance coverage,
life and disability insurance, savings plan, Company paid holidays
and paid time off (PTO) for vacation and/or personal business.
The health and safety of our employees and their families is a top
priority. The company encourages employees to remain up-to-date on
their COVID-19 vaccinations. U.S. Northrop Grumman employees may be
required, in the future, to be vaccinated or have an approved
disability/medical or religious accommodation, pursuant to future
court decisions and/or government action on the currently stayed
federal contractor vaccine mandate under Executive Order 14042
Northrop Grumman is committed to hiring and retaining a diverse
workforce. We are proud to be an Equal Opportunity/Affirmative
Action Employer, making decisions without regard to race, color,
religion, creed, sex, sexual orientation, gender identity, marital
status, national origin, age, veteran status, disability, or any
other protected class. For our complete EEO/AA and Pay Transparency
statement, please visit . U.S. Citizenship is required for most
Keywords: Northrop Grumman, Washington DC , Principal Real Estate Specialist, Other , Mc Lean, DC
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