Bilingual Sr. Manager, Real Estate

6 months ago


Montreal, Canada Loblaw Companies Limited Full time

The opportunity:

We currently have a vacant Real Estate Manager position to work out of our Montreal office. Reporting to the Director of Real Estate, the Sr. Manager of Real Estate is responsible for negotiations for new stores, expansions, moves, discounts, conversions, and renovations. The position of Sr. Manager consists of ensuring coordination between the different teams (market analysis, construction, legal services, operations and external consultants) involved in the development of the network. The Sr. Manager is also responsible for the disposal of surplus properties in Quebec. The work requires travel (approximately 15% of the time) to all major markets in Quebec and occasionally to Toronto.

Responsibilities:

Evaluate and analyze new store locations and developments in the retail sector; Analyze the pro forma to determine the financial feasibility of new stores; Negotiate real estate agreements for new stores, expansions, moves, discounts, conversions and renovations; Establish and maintain relationships with developers and owners in Eastern Canada; Participate in the preparation of Real Estate Committee presentations; Present projects to the Real Estate Committee; Work directly with landlords and brokers to find new locations to meet the growth needs of all Loblaw banners; Negotiate lease rates for upcoming lease renewals for all Loblaw banners; Assist the store design, development and construction team to ensure that stores are opened on time; Participate in the design of retail sites for potential sites.

Job Requirements:

Post-secondary diploma required; Experience in the commercial real estate sector is required; Five to seven years of negotiation experience is considered required; Strong ability to work effectively with multiple teams; Strong problem-solving skills and organizational skills; Excellent communicator (oral and written, in French and English); Excellent self-employed and self-employed.

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