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Principal Real Estate Specialist

Company: Northrop Grumman
Location: Mc Lean
Posted on: August 6, 2022

Job Description:

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 company leases.
  • Researching and advising landlord, corporate administrator, counsel and property manager on rent issues and other discrepancies.
  • Reconciling operating expense and real estate taxes for year end.
  • Performing a variety of activities in support of Real Estate department reporting to Sector Real Estate and Facilities Manager/Director.
  • 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 Firm.
  • Managing all aspects of the real estate process as outlined in Corporate Procedures.
  • 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 Qualifications:

    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 Solution (IWMS).
      • 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 positions.

Keywords: Northrop Grumman, Washington DC , Principal Real Estate Specialist, Other , Mc Lean, DC

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