Real Estate Development Manager

3 weeks ago

Mississauga, Ontario, Canada Jace Holdings Ltd. Full time
Job Title: Real Estate Development Manager

Job Summary:

We are seeking a highly skilled Real Estate Development Manager to lead our Real Estate Strategy, Capital Plan, Development and Transaction process in Ontario. The successful candidate will be responsible for managing and building the opportunity pipeline, site disposition, and reviewing and approving key lease or sale terms.

Key Responsibilities:

• Lead the Real Estate Strategy, Capital Plan, Development and Transaction process Empire in Ontario.
• Manage and build the opportunity pipeline (such as site selection, purchases, and lease negotiations), site disposition (asset sales and subleasing).
• Review and approve key lease or sale terms of the Ontario Real Estate Transactions team.
• Manage and Lead the real estate development process: development of new sites, expansion, renovation, redevelopments (e.g. business case/viability analysis), oversight of third-party development, municipal planning.
• Responsible for regional strategic planning and implementation of 5 Year Network Strategy, Capital Plan and Real Estate Budget.
• Coordinate all aspects of the Capital Appropriation Request (CAR) including requesting, reviewing, and providing input on Market Studies, Construction Budgets and Financial analysis.
• Foster a close working relationship with the regional senior leaders of Operations and Business Development to ensure consistent alignment on strategy and manage the business' needs in a diligent manner.
• Ensure all presentation and reporting materials and supporting data have been fully vetted by the key business stakeholders (e.g. Operations, Finance, Construction) and carefully reviewed for Senior Management Approval (REAC).
• Liaise with landlords, developers, and government agencies as needed, including maintaining day to day relationships with Crombie and other third-party developers regarding new development opportunities.
• Design and implement best practice real estate process improvements for the organization.
• Manage and Lead a team of 3 real estate professionals. Oversee talent management and development, including recruitment, succession planning, orientation, training, and performance management for the regional Real Estate team (Ontario).
• Work closely with Construction and Design to influence site plan development (access, parking, loading, etc.) and all required Landlord's Work specifications to ensure Sobeys design criteria are implemented in the project.
• Work with the Real Estate Legal team to: oversee all contract condition dates, lease amendments such as extensions, lease agreements, agreements of purchase and sale or any legal real estate agreements.
• Coordinate all required financial analysis with Real Estate and Operations Finance team to support Capital Projects.

Requirements:

• Undergraduate degree – preferably in Business or Real Estate.
• 12+ years experience in Commercial Real Estate and Development.
• Professional affiliations/memberships related to real estate/planning.
• Knowledge of the grocery store business is preferred.
• Knowledge of land planning and construction practices.

Work Environment:

We offer a comprehensive Total Rewards package, which varies by role and designed to help our teammates to live better – physically, financially and emotionally. We are committed to accommodating applicants with disabilities throughout the hiring process and will work with applicants requesting accommodation at any stage of this process.

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