What Real Estate Transactions and Lease Administration contributes to Cardinal Health

The Real Estate Transactions and Lease Administration team is responsible for negotiating property acquisitions, renewals, dispositions, and all lease agreements, while ensuring accurate documentation and compliance throughout each transaction.

Job Summary

The Real Estate Transaction and Lease Administration Consultant will support Cardinal Health?s real estate portfolio by managing lease administration processes, assisting with real estate transactions, and ensuring compliance with company standards. This role will be responsible for tracking critical dates, managing timeshare agreements, and providing analytical support for portfolio rationalization and optimalization. The candidate will also assist with the review and abstraction of leases for mergers and acquisitions (M&A) to identify potential risks.

Responsibilities

Transaction Support

• Manage and assist with real estate transactions, including timeshares, renewals, terminations, and new site acquisitions
• Partner with transaction manager on projects to ensure seamless delivery
• Obtain fair market value assessments for referral source leases
• Provide analytical support for decision-making related to real estate strategies
• Collaborate with business units, legal, and real estate teams to execute agreements
• Support rationalization initiatives, including site closures and portfolio optimization
• Other duties and responsibilities will be assigned as needed

Lease Administration & Compliance

• 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. 
• 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
• Contributes to the evaluation and improvement of current lease administration procedures and guidelines, to promote organization, efficiency, & compliance

Qualifications

• 2-4 years of experience in real estate analysis, lease administration or transaction management preferred
• Bachelor?s degree in Real Estate, Finance, Business Administration, or related field, or equivalent work experience, preferred
• Proficiency in CoStar or similar real estate management platforms.
• Strong analytical, organizational, and communication skills.
• Ability to manage multiple priorities and work cross-functionally with business units and legal teams.
• Knowledge of medical office building leases preferred

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: $67,500-96,300

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: 1/21/2026 *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.

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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.