Manager, Real Estate

at  Loblaw Companies Limited

Referred applicants should not apply directly to this role.
All referred applicants must first be submitted through Workday by a current Loblaw Colleague.
Come make your difference in communities across Canada, where authenticity, trust and making connections is valued – as we shape the future of Canadian retail, together. Our unique position as one of the country’s largest employers, coupled with our commitment to positively impact the lives of all Canadians, provides our colleagues a range of opportunities and experiences to help Canadians Live Life Well®.
At Loblaw Companies Limited, we succeed through collaboration and commitment and set a high bar for ourselves and those around us. Whether you are just starting your career, re-entering the workforce, or looking for a new job, this is where you belong.

MANAGER, REAL ESTATE LOBLAW

Role Mandate:
Reporting to the Senior Director, Real Estate, the Manager is responsible for the negotiation, leasing and management of the National Ancillary Real Estate portfolio. Working with 3rd party tenants, leasing vacant spaces and dark store assets, the Manager will apply their expertise, finding opportunities to minimize the Company’s ancillary portfolio exposure.

Primary Responsibilities:

• Responsible for maintaining, reviewing, and executing the national ancillary portfolio which includes over 150 locations and maintaining the national vacant land portfolio which includes over 40 locations
• Develop and maintain a national ancillary portfolio data base to include a tracker, site plans, site photos, lease information and other related materials.
• Work with and develop relationships within the real estate community that will include Landlord, Developers, 3rd Party Tenants, and Investors!
• Negotiate real estate deals including sale agreements, leases, lease renewals, lease terminations, and amending agreements for the ancillary portfolio
• Develop economic proformas to validate new leasing, lease renewal and lease terminations to be presented in front of various stakeholder including the VP and SVP of Real Estate
• Conduct market data research, detailed commercial leasing, sales transaction analysis, costing reviews and compiling all other relevant information supporting the real estate transaction
• Collaborate and coordinate with operations, landlords, and internal real estate to resolve site related issues such as maintaince/repair, tenant issues, and construction related matters.
• Support the Real Estate members on other special projects, as assigned
• Visit ancillary sites to better understand the market potential for leasing.

Qualifications:

• Proven leadership skills and able to work with diverse personalities and styles
• Ability to collaborate across department and cultivate positive relationship within a team environment
• Ability to work in a fast-paced environment, handle a high-volume workload, tight deadlines and adapt to multiple changes in priorities
• Excellent written and verbal communication skills
• adept strategic problem solver with the ability to make supportable decisions
• Self-starter, detail oriented and possess strong, organization, negotiation, and mathematical skills
• 1-3 years of experience working in the real estate industry
• Proficiency in PowerPoint and Excel with ability to put together presentations that describe the real estate project, create and organize charts/economic proformas
• Basics skills in interpreting financial data, lease documents and market trends
• Post secondary education equivalent to a university degree in and/or college related diploma in real estate, or related field.

Loblaw recognizes Canada’s diversity as a source of national pride and strength. We have made it a priority to reflect our nation’s evolving diversity in the products we sell, the people we hire, and the culture we create in our organization. Accommodation is available upon request for applicants and colleagues with disabilities.
In addition, we believe that compliance with laws is about doing the right thing. Upholding the law is part of our Code of Conduct – it reinforces what our customers and stakeholders expect of us.
Our commitment to Sustainability and Social Impact is an essential part of the way we do business, and we focus our attention on areas where we can have the greatest impact. Our approach to sustainability and social impact is based on three pillars – Environment, Sourcing and Community – and we are constantly looking for ways to demonstrate leadership in these important areas. Our CORE Values – Care, Ownership, Respect and Excellence – guide all our decision-making and come to life through our Blue Culture. We offer our colleagues progressive careers, comprehensive training, flexibility, and other competitive benefits – these are some of the many reasons why we are one of Canada’s Top Employers, Canada’s Best Diversity Employers, Canada’s Greenest Employers & Canada’s Top Employers for Young People.
If you are unsure whether your experience matches every requirement above, we encourage you to apply anyway. We are looking for varied perspectives which include diverse experiences that we can add to our team.
We have a long-standing focus on diversity, equity and inclusion because we know it will make our company a better place to work and shop. We are committed to creating accessible environments for our colleagues, candidates and customers. Requests for accommodation due to a disability (which may be visible or invisible, temporary or permanent) can be made at any stage of application and employment. We encourage candidates to make their accommodation needs known so that we can provide equitable opportunities.

• Responsible for maintaining, reviewing, and executing the national ancillary portfolio which includes over 150 locations and maintaining the national vacant land portfolio which includes over 40 locations
• Develop and maintain a national ancillary portfolio data base to include a tracker, site plans, site photos, lease information and other related materials.
• Work with and develop relationships within the real estate community that will include Landlord, Developers, 3rd Party Tenants, and Investors!
• Negotiate real estate deals including sale agreements, leases, lease renewals, lease terminations, and amending agreements for the ancillary portfolio
• Develop economic proformas to validate new leasing, lease renewal and lease terminations to be presented in front of various stakeholder including the VP and SVP of Real Estate
• Conduct market data research, detailed commercial leasing, sales transaction analysis, costing reviews and compiling all other relevant information supporting the real estate transaction
• Collaborate and coordinate with operations, landlords, and internal real estate to resolve site related issues such as maintaince/repair, tenant issues, and construction related matters.
• Support the Real Estate members on other special projects, as assigned
• Visit ancillary sites to better understand the market potential for leasing