Lease Abstraction Analyst at CoStar

Richmond, Virginia, United States -

Full Time

Start Date

Immediate

Expiry Date

31 Jan, 26

Salary

0.0

Posted On

02 Nov, 25

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Lease Abstraction, Document Analysis, Data Quality, Process Improvement, Analytical Skills, Problem-Solving, Communication Skills, Microsoft Excel, Database Systems, Commercial Lease Structures, Lease Administration, Stakeholder Collaboration, Mentorship, Data Discrepancy Resolution, Legal Document Review

Industry

Real Estate

Description

Lease Abstraction Analyst Job Description Lease Abstraction Analyst OVERVIEW CoStar Group (NASDAQ: CSGP) is a leading global provider of commercial and residential real estate information, analytics, and online marketplaces. Included in the S&P 500 Index and the NASDAQ 100, CoStar Group is on a mission to digitize the world’s real estate, empowering all people to discover properties, insights and connections that improve their businesses and lives. We have been living and breathing the world of real estate information and online marketplaces for over 35 years, giving us the perspective to create truly unique and valuable offerings to our customers. We’ve continually refined, transformed and perfected our approach to our business, creating a language that has become standard in our industry, for our customers, and even our competitors. We continue that effort today and are always working to improve and drive innovation. This is how we deliver for our customers, our employees, and investors. By equipping the brightest minds with the best resources available, we provide an invaluable edge in real estate. THE ROLE CoStar delivers real-time, verified commercial real estate data that helps clients confidently spot great opportunities and make smart choices ahead of competitors. By combining the power of CoStar’s independent research organization – the industry’s largest – with global data delivery, software, and application solutions, clients can act on opportunities with confidence. As a Lease Abstraction Analyst, you will leverage your real-world experience with lease abstraction and/or document analysis to provide critical insights into the commercial real estate landscape. You will review complex lease agreements and amendments, abstract data points, and contribute to the development of advanced analytics tools and data used by clients and stakeholders. CoStar will provide comprehensive onboarding, ongoing training, and mentorship to ensure you feel confident working with our systems, processes, and expectations. We are committed to supporting your continued growth, whether you are deepening your lease knowledge or expanding your influence across the team. This position is in office Monday through Friday. Responsibilities: • Review and interpret detailed commercial lease documents, including amendments and related legal documents. • Abstract critical lease data such as base rent, commencement and expiration dates, CAM charges, escalations, renewal options, and tenant improvements. • Resolve data discrepancies through detailed cross-referencing and stakeholder collaboration. • Maintain a high level of data quality and compliance within CoStar’s proprietary systems. • Act as a subject matter expert for process improvement and data accuracy initiatives. • Support junior team members through informal mentorship and knowledge sharing. • Assist in identifying and implementing process improvements to enhance efficiency and data quality. • Maintain privacy and discretion with all data extracted from leases. Basic Qualifications: A proven track record of commitment to prior employers Bachelor’s degree from an accredited, not-for-profit university or college. 2–5 years of experience in lease abstraction, lease administration, or legal document review. Proficiency in Microsoft Excel and database systems. Demonstrated understanding of commercial lease structures and accounting implications. Strong analytical, problem-solving, and communication skills. Preferred Qualifications and Skills: • Bachelor’s degree in real estate, finance, accounting, or legal studies. • Experience with lease accounting platforms or lease management systems. • Demonstrated success working with performance metrics or KPIs. • Experience working in fast-paced, data-driven environments. What’s in it for you? When you join CoStar Group, you’ll experience a collaborative and innovative culture working alongside the best and brightest to empower our people and customers to succeed. We offer you generous compensation and performance-based incentives. CoStar Group also invests in your professional and academic growth with internal training and tuition reimbursement. Our benefits package includes (but not limited to): Comprehensive healthcare coverage: Medical / Vision / Dental / Prescription Drug Life, legal, and supplementary insurance Virtual and in person mental health counseling services for individuals and family Commuter and parking benefits 401(K) retirement plan with matching contributions Employee stock purchase plan Paid time off Tuition reimbursement On-site fitness center and/or reimbursed fitness center membership costs (location dependent), with yoga studio, Pelotons, personal training, group exercise classes Access to CoStar Group’s Diversity, Equity, & Inclusion Employee Resource Groups We welcome all qualified candidates who are currently eligible to work full-time in the United States to apply. However, please note that CoStar Group is not able to provide visa sponsorship for this position. CoStar Group is an Equal Employment Opportunity Employer; we maintain a drug-free workplace and perform pre-employment substance abuse testing #LI-AO1 CoStar Group is an Equal Employment Opportunity Employer; we maintain a drug-free workplace and perform pre-employment substance abuse testing

Responsibilities

The Lease Abstraction Analyst will review and interpret detailed commercial lease documents, abstract critical lease data, and maintain data quality within proprietary systems. They will also support junior team members and assist in process improvements.