What Real Estate Transactions contributes to Cardinal Health

Facilities & Real Estate plans and directs facility maintenance and food services as well as real estate activities including acquisitions, dispositions, leasing and property development.

Real Estate Transactions negotiates all property acquisition, disposition lease administration and lease agreements. This job family develops strategies for site locations and availability and makes recommendations for the acquisition and disposal of properties. This job family ensures proper documentation of lease or purchase transactions and manages relationships with outside vendors, consultants, and relevant local community/government groups.

Real Estate Lease Administration is responsible for all lease data integrity, accurate monthly rental payments, confirmation of accurate landlord billings, implementation and enforcement of tenant and landlord lease obligations.

Responsibilities

• Abstracting and interpreting commercial lease documents (leases, amendments, subleases) and other real estate related documents ensuring compliance with company policies and procedures
• Interpret and analyze lease language to determine the right course of action as to Landlord and Tenant responsibilities
• Monitor and manage critical dates and deadlines, including but not limited lease commencement and expiration dates, rent commencement dates, option deadlines, etc. 
• Actively guide and track company interest and rights of the lease under routine circumstances such as security deposit burn off, TI Allowance expenditure or other lease specified LL & Tenant obligations
• Interact with landlords and 3rd party lease stakeholder on lease administration matters including vendor set-up, billing questions, insurance requirements, and lease matters
• Liaise with legal counsel and business units to resolve facility disputes
• Draft formal correspondence, letters, and legal notices
• Process monthly rent payments and billing adjustments, including operating expense reconciliations and year-end adjustments.
• Subtenant administration to include collection and tracking of rental income and invoicing of operating expenses.
• Complete year end desk top audits of Operating Expenses
• Provide actual and forecasted expense information requested by internal finance team members
• Maintain and keep organized electronic file database
• Contribute to the evaluation and improvement of current lease administration procedures and guidelines, to promote organization, efficiency, & compliance
• Handle Special Projects as assigned

Qualifications

• Bachelor?s degree in related field, or equivalent work experience, preferred
• 5+ years Lease Administration experience working with medical, commercial office and warehouse leases preferred
• Experience with CoStar Real Estate Manager or similar SAAS real estate system
• Experience working in a highly matrixed organization strongly preferred
• Accounts Payable and Account Receivable experience preferably in commercial real estate
• Strong written and oral communication skills
• Must be motivated and self-starter with the ability to handle multiple tasks and prioritize workload
• Must be organized, detailed oriented and can determine solutions to problems as they arise
• Microsoft Office Suite - Expert level

What is expected of you and others at this level

• Applies comprehensive knowledge and a thorough understanding of concepts, principles, and technical capabilities to perform varied tasks and projects
• May contribute to the development of policies and procedures
• Works on complex projects of large scope
• Develops technical solutions to a wide range of difficult problems. Solutions are innovative and consistent with organization objectives
• Completes work independently receives general guidance on new projects
• Work reviewed for purpose of meeting objectives
• May act as a mentor to less experienced colleagues

Anticipated salary range: $66,500-94,900

Bonus eligible: No

Benefits: Cardinal Health offers a wide variety of benefits and programs to support health and well-being.

• Medical, dental and vision coverage

• Paid time off plan

• Health savings account (HSA)

• 401k savings plan

• Access to wages before pay day with myFlexPay

• Flexible spending accounts (FSAs)

• Short- and long-term disability coverage

• Work-Life resources

• Paid parental leave

• Healthy lifestyle programs

Application window anticipated to close: 06/27/2025 *if interested in opportunity, please submit application as soon as possible.

The salary range listed is an estimate. Pay at Cardinal Health is determined by multiple factors including, but not limited to, a candidate?s geographical location, relevant education, experience and skills and an evaluation of internal pay equity.

#LI-LH3

Candidates who are back-to-work, people with disabilities, without a college degree, and Veterans are encouraged to apply.

Cardinal Health supports an inclusive workplace that values diversity of thought, experience and background. We celebrate the power of our differences to create better solutions for our customers by ensuring employees can be their authentic selves each day. Cardinal Health is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, ancestry, age, physical or mental disability, sex, sexual orientation, gender identity/expression, pregnancy, veteran status, marital status, creed, status with regard to public assistance, genetic status or any other status protected by federal, state or local law.