Role Mandate: We currently have an open position for a Manager of Real Estate, based out of our Calgary office. Reporting to the Director of Real Estate, the Manager of Real Estate is responsible for sourcing and reviewing new store locations, conducting financial feasibility, analyzing site plans, reviewing, managing and negotiating lease documentation, and assisting in advancing projects through the municipal process. The job requires travel (approximately 15% of the time) throughout all major Western Canadian markets and occasionally to Toronto.
Accountabilities: - Evaluate and analyze new store locations and retail developments
- Work directly with industry stakeholders to source new store locations to meet the growth needs for all Loblaw banners
- Analyze proforma to determine financial feasibility of new store locations and assist team in conducting due diligence
- Review, manage and negotiate real estate contracts including letters of intent, offers to lease, leases, lease amendments, lease renewals and purchase and sale agreements
- Prepare and deliver real estate presentations for senior executive approval
- Develop and maintain relationships with developers, landlords and brokers across Western Canada
- Negotiate rental rates for up-coming lease renewals for all Loblaw banners
- Assist the store design, development and construction teams to ensure that stores are designed appropriately and completed on time
- Assist in retail site design for prospective sites
- Support the operating businesses with real estate related matters
- Respond to ad hoc requests within the business
Role Requirements: - Post secondary education is required
- 2+ years' experience in the commercial real estate industry
- Direct experience in lease negotiation
- Proficiency in Microsoft Office (Word, Outlook, Excel, PowerPoint, OneNote) and related applications and systems
- Strong problem-solving skills with demonstrated creative, innovative and critical thinking
- Keen negotiation skills and attention to detail
- Ability to successfully prioritize and balance multiple projects with varying levels of complexity and competing timelines
- Effective oral & written communication skills with demonstrable ability to present ideas in a clear and concise manner
- Upbeat, motivated self-starter and independent worker
- Ability to effectively collaborate and work together with multiple teams towards a common goal
Hiring Range / Échelle salariale à l'embauche :
$80,000.00 - $110,000.00 / 80.000,00$ - 110.000,00$ (per year / par an)
A candidate's experience and knowledge as well as the geographical region in which the position is located may be factored into the pay a candidate receives for this position. This posting is for an existing vacancy. The Company uses artificial intelligence for the purpose of screening, assessing and/or selecting applicants for this position. / L'expérience et les connaissances d'un candidat ainsi que la région géographique dans laquelle le poste est situé peuvent être prises en compte dans la rémunération qu'un candidat reçoit pour ce poste. Cette offre d'emploi concerne un poste vacant existant. L'entreprise utilise l'intelligence artificielle dans le but de filtrer, d'évaluer et/ou de sélectionner les candidats à ce poste.
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