Loblaw Digital

Senior Director, Real Estate (Bilingual ENG/FR)

Loblaw Digital$145K — $195K *
Real Estate & Construction
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • University degree in Real Estate, Urban Planning, Geography, Finance, Business, or a related discipline.
  • 10+ years of experience in commercial real estate, focusing on retail transactions and lease negotiations.
  • Proven leadership in high-value negotiations with stakeholders.
  • Strong understanding of retail real estate markets and competitive dynamics.
  • Advanced financial acumen with experience in investment analysis and pro forma development.
  • Exceptional presentation skills, particularly in creating executive-ready materials using PowerPoint and Excel.
  • Ability to influence and work collaboratively with diverse stakeholders.

Responsibilities

  • Evaluate new store locations and development projects in the retail sector.
  • Analyze financial feasibility of new stores through pro forma modeling.
  • Negotiate leases for new stores, expansions, and renewals, while fostering developer and landlord relationships.
  • Prepare and present materials for Real Estate Capital Meetings.
  • Source new retail locations by collaborating with landlords and brokers.
  • Negotiate lease rates for upcoming renewals.
  • Assist design and construction teams to ensure timely store openings.

Benefits

  • Opportunities for professional development and career growth.
  • A supportive team environment in a leading company in the retail sector.
  • Access to cutting-edge market analytics tools and resources.
  • Engagement in high-impact real estate projects across Canada.
  • Cross-functional collaboration with various departments and stakeholders.
Full Job Description
Come join our dynamic Real Estate team at Loblaw Companies Limited. Based out of our Regional Office 400 Avenue Sainte- Croix, Montreal, QC, this is an exciting opportunity to help shape the future of Loblaw's store network across Canada.

Reporting to the Vice President, Real Estate and Market Analytics, the Senior Director, Real Estate will provide strategic leadership and oversight for Loblaw's real estate growth, optimization, and renewal agenda across the region. This role is responsible for identifying and advancing new store opportunities, leading complex lease negotiations, managing major real estate initiatives, and partnering cross-functionally to deliver projects that support Loblaw's long-term business strategy.

The successful candidate will be a seasoned real estate leader with strong commercial acumen, deep market knowledge, and the ability to influence senior stakeholders, landlords, developers, brokers, and internal business partners.

Key Responsibilities
  • Evaluate and analyze new store locations and development opportunities in the retail sector
  • Analyze and modelling the pro forma to determine the financial feasibility of new stores
  • Negotiate real estate agreements for new stores, expansions, replacements, conversions and right sizes; Establish and maintain relationships with developers and landlords in Quebec
  • Prepare and present decks for the Real Estate Capital Meetings
  • Work directly with landlords and brokers to source new locations
  • Negotiate lease rates for upcoming lease renewals
  • Assist the store design, development, construction and operation teams to ensure that stores openings are achieved on time

Qualifications, Skills and Experience
  • Post-secondary education equivalent to a university degree in Real Estate, Urban Planning, Geography, Finance, Business, or a related discipline.
  • 10+ years of progressive experience in commercial real estate, with significant experience leading retail real estate transactions, lease negotiations, development opportunities, and portfolio strategy.
  • Proven ability to lead complex, high-value negotiations with landlords, developers, brokers, and other external stakeholders.
  • Strong knowledge of retail real estate markets, including key trade areas, development pipelines, landlord relationships, and competitive dynamics.
  • Advanced financial acumen, with demonstrated ability to interpret financial data, develop and assess pro formas, evaluate investment returns, and make commercially sound recommendations.
  • Exceptional executive presentation skills, with advanced proficiency in PowerPoint and Excel and the ability to develop compelling, senior leadership-ready business cases and capital approval materials.
  • Strong understanding of lease documentation, real estate deal structures, retail site selection, market analytics, and development processes.
  • Demonstrated ability to influence and collaborate across diverse stakeholder groups, including senior executives, operations leaders, legal counsel, finance partners, developers, landlords, and brokers.
  • Strategic thinker and pragmatic problem solver with the ability to assess risk, make supportable decisions, and advance priorities in a complex, fast-paced environment.
  • Highly effective written and verbal communicator, with the ability to tailor messages for executive, technical, operational, and external audiences..
  • Experience leading teams, mentoring talent, or providing strategic direction to cross-functional project teams is considered an asset.


Hiring Range / Échelle salariale à l'embauche :

$145,000.00 - $195,000.00 / 145.000,00$ - 195.000,00$ (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.

#EN
#SS #LRE #QC

About Loblaw Digital

Loblaw Digital is a subsidiary of Loblaw Companies Limited, a Canadian food and drug retailer. Loblaw Digital is responsible for the company's digital strategy and e-commerce initiatives. The company operates several online platforms, including the PC Express online grocery service and the Joe Fresh clothing website. Loblaw Digital also manages the company's loyalty program, PC Optimum, which allows customers to earn points on purchases that can be redeemed for discounts on future purchases.
Learn more about Loblaw Digital
Size
1,000 employees
Industry

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