Lease Manager, NA

About Vantage Data Centers

Vantage is committed to being a workplace of inclusion, equity, respect and acceptance. We celebrate diversity and intentionally seek out opportunities to learn from one another’s experience.

Vantage Data Centers powers, cools, protects and connects the technology of the world’s well-known hyperscalers, cloud providers and large enterprises. Developing and operating across North America, EMEA and Asia Pacific, Vantage has evolved data center design in innovative ways to deliver dramatic gains in reliability, efficiency and sustainability in flexible environments that can scale as quickly as the market demands.

Operations Department

The Operations Department encompasses several key teams that help our customers and Vantage run efficiently. Site Operations is responsible for the overall health and wellbeing of all mechanical and electrical systems, building maintenance, customer service and performance of all data modules at each campus. The teams are staffed 24 x 7 on site with Critical Facilities Engineers (CFEs) on each shift. These teams monitor uptime of our campus as well as the general health of our customer installations. Using a Critical Maintenance Management System (CMMS) to plan and track needed work, each campus Site Operations department manages all preventative and corrective maintenance on-site for our campuses vs. calling out to vendors.

The Reliability Engineering Team is responsible for the overall health of critical systems across Vantage global facilities. For each of the major systems Electrical, Mechanical, and Controls, the Reliability Engineering team is responsible for ensuring success in the commissioning stages of new construction, evaluating and improving the reliability and performance of existing critical infrastructure, sustaining equipment operational availability through maintenance program design, providing ongoing technical support to the Site Operations Teams, as well as providing systems reliability and maintainability feedback to the Design Engineering teams for future design considerations. Physical security works in tandem with all operations teams to ensure Vantage facilities are safeguarded and well monitored. This includes functions across access control, CCTV, security staff, security design, and engineering. Business operations collaborates with all teams and supports several key initiatives including but not limited to; Service Support, Vendor Relations, Standards & Transformation, and Property Management.

Position Overview

The Lease Manager will oversee all aspects of data center leases, ensuring optimal utilization and management of leased properties within Vantage’s portfolio. This role involves overseeing lease agreements, handling lease renewals, and maintaining compliance with lease terms. The Lease Manager will work closely with property owners, legal teams, finance departments, and internal partners to ensure that all lease-related activities support the strategic goals of the organization.

This role can be based in any of our US locations: Denver, CO; Phoenix, AZ; Santa Clara, CA; or Ashburn, VA.

Essential Job Functions

• Lease Negotiation and Management:
• Negotiate new lease agreements and renewals to ensure favorable terms and conditions for the company.
• Review and interpret lease agreements, ensuring compliance with all lease terms and conditions.
• Coordinate with legal and finance teams to finalize lease documents and ensure they meet company standards.
• Lease Administration:
• Maintain a comprehensive database of all lease agreements, critical dates, and relevant documentation.
• Monitor and handle lease obligations, including rent payments, security deposits, and other financial commitments.
• Ensure timely execution of lease renewals, expansions, terminations, and other lease-related activities.
  
  

• Financial Analysis and Reporting:
• Conduct financial analysis of lease agreements to assess the impact on the company's financial position.
• Prepare and present lease-related financial reports to senior management, highlighting key metrics and trends.
• Assist in budget preparation and forecasting for lease-related expenses.
  
  

• Collaboration and Stakeholder Management:
• Work closely with internal team members, including property management, legal, finance, and operations teams, to align lease management activities with business objectives.
• Serve as the primary point of contact for property owners and landlords, addressing any lease-related issues or disputes.
• Collaborate with the site selection and real estate teams to identify new leasing opportunities and support expansion plans.
  
  

• Compliance and Risk Management:
• Ensure compliance with all lease agreements, regulatory requirements, and company policies.
• Identify and mitigate risks associated with lease agreements, including potential financial or legal exposures.
• Implement best practices for lease management and continuously seek opportunities for process improvement.
  
  

• Market Analysis:
• Conduct market research to stay informed about trends and developments in the data center real estate market.
• Provide insights and recommendations to support strategic decision-making related to lease management and site selection.
• Additional duties as assigned by Management.
  

Job Requirements

• Education:
• Bachelor’s degree in Real Estate, Business Administration, Finance, or a related field; advanced degree preferred.
  
  

• Experience:
• Minimum of 7-10 years of experience in lease management, real estate, or property management, preferably within the data center industry.
  
  

• Skills:
• Strong understanding of lease agreements, real estate law, and financial analysis.
• Excellent negotiation, communication, and interpersonal skills.
• Validated ability to handle multiple leases and projects simultaneously.
• Proficiency in lease management software and Microsoft Office Suite.
• Thorough with strong organizational and analytical skills.
• Strong problem-solving skills and the ability to work effectively in a fast-paced, dynamic environment.
• Travel required is expected to be up to 20% but may increase over time as the business evolves.
  

Physical Demands And Special Requirements

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is occasionally required to stand; walk; sit; use hands to handle, or feel objects; reach with hands and arms; climb stairs; balance; stoop or kneel; talk and hear. The employee must occasionally lift and/or move up to 25 pounds.

Additional Details

• Salary Range: $140,000-160,000 Base + Bonus (this range is based on Colorado market data and may vary in other locations)
• This position is eligible for company benefits including but not limited to medical, dental, and vision coverage, life and AD&D, short and long-term disability coverage, paid time off, employee assistance, participation in a 401k program that includes company match, and many other additional voluntary benefits.
• Compensation for the role will depend on a number of factors, including your qualifications, skills, competencies, and experience and may fall outside of the range shown.
  
  

We operate with No Ego and No Arrogance. We work to build each other up and support one another, appreciating each other’s strengths and respecting each other’s weaknesses. We find joy in our work and each other, actively seeking opportunities to inject fun into what we do. Our hard and efficient work is rewarded with an above market total compensation package. We offer a comprehensive suite of health and welfare, retirement, and paid leave benefits exceeding local expectations.

Throughout the year, the advantage of being part of the Vantage team is evident with an array of benefits, recognition, training and development, and the knowledge that your contribution adds value to the company and our community.

Don't meet all the requirements? Please still apply if you think you are the right person for the position. We are always keen to speak to people who connect with our mission and values.

Vantage Data Centers is an Equal Opportunity Employer

Vantage Data Centers does not accept unsolicited resumes from search firm agencies. Fees will not be paid in the event a candidate submitted by a recruiter without an agreement in place is hired; such resumes will be deemed the sole property of Vantage Data Centers.