Marlesse Marino
Senior Manager, Global Lease Administration at Peloton
- Role
- Senior Manager, Global Lease Administration at Peloton Interactive
- Location
- Queens County, NY, US
- LinkedIn followers
- 500 followers
About Marlesse Marino
Detail-driven real estate lease professional with a track record of helping businesses…
Experience
Senior Manager, Global Lease Administration
Jun 2018 — Present · New York, NY, US
Senior Manager, Global Lease Administration, March 2022 - PresentManager, Lease Administration, June 2018 – February 2022* Manage global portfolio of commercial, retail, warehouse, studio, and factory leases and subleases* Analyze market data and prepare forecasts and presentations to obtain board approval of new sites and real estate strategy* Project manage the consolidation of retail, office and warehouse footprint in order to reduce operating costs and achieve company KPIs* Implement Peloton’s lease management system, CoStar* Create models analyzing real estate financial obligations and share reports with senior leadership and external partners* Develop and maintain dashboards to track real estate portfolio critical dates (e.g, lease expirations, options, and kick-outs), and retail construction schedules* Lead and train global lease administration team* Negotiate renewals and terminations of existing facilities and participate in lease and sublease negotiations for new sites* Assemble and submit construction allowance packets acquiring millions of dollars of inducement payments* Create rent schedules for all leases and subleases and generate timely rent payments* Review and abstract all leases, amendments and termination agreements for international lease portfolio; enter pertinent details into Peloton’s lease management software* Monitor leases/amendments for rent start-up, operating expense changes, changes in ownership, alteration consent, and lease terminations* Calculate percentage rent figures for retail showrooms and prepare gross sales and turnover reports and send to landlord partners * Reconcile accounts to ensure compliance with lease terms and verify that tenant’s and landlord’s calculations are aligned, up-to-date, and accurate * Prepare and send notices/correspondence to address and resolve landlord/tenant legal issues* Coordinate security deposit refunds and manage reductions of letters of credit as stipulated in lease agreements
Education
New York University
Certificate, Navigating Commercial Leases
2017 — 2017
Boston University
Bachelor of Arts, Political Science, Communications
Skills
- Writing
- Advertising
- Microsoft Excel
- Microsoft Office
- Indesign
- Newsletters
- Social Media
- Outlook
- Public Relations
- Press Releases
- Cision
- Journalism
- Blogging
- New Media
- Editing
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