Director, Real Estate
Job Description
Description
Come make your difference in communities across Canada, where authenticity, trust, and making connections are 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.
Position: Director, Real Estate
Overview:
Join our dynamic Real Estate team at Loblaw Companies Limited – Regional Office st NE #100, Calgary, AB) where every day presents new opportunities and learning challenges! The incumbent will report to the Senior Director, Real Estate, and will be responsible for negotiating, leasing, and managing New Store Opportunities, Dispositions, Lease Renewals, Ancillary Leasing, Special Projects, and more in Western Canada.
Duties:
- Evaluate and analyze new store locations and development opportunities in the retail sector of Western Canada;
- Analyze and model the pro forma to determine the financial feasibility of new stores;
- Negotiate real estate agreements for new stores, expansions, replacements, conversions, and rightsizing;
- Establish and maintain relationships with developers and landlords in Western Canada;
- 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 store openings are achieved on time.
Skills and Experience:
- Post-secondary education equivalent to a university degree in Real Estate, Urban Planning, Geography, Finance, Business, or related field.
- Five to Seven years’ experience in the commercial real estate sector.
- Strong skills in PowerPoint and Excel, with the ability to create executive-level presentation decks including charts and economic proformas.
- Ability to work with diverse personalities and styles. Communicates clearly both in writing and verbally, in one-on-one or group situations, over the phone or through email.
- Strategic problem solver with the ability to make supportable decisions.
- Sound knowledge of financial data, lease documents, and retail market trends.
Our commitment to sustainability and social impact is integral to our business approach, focusing on Environment, Sourcing, and Community. We are dedicated to leadership in these areas and embody our CORE Values – Care, Ownership, Respect, and Excellence – through our Blue Culture. We offer progressive careers, comprehensive training, flexibility, and competitive benefits, making us one of Canada’s Top Employers, Best Diversity Employers, Greenest Employers, and Top Employers for Young People.
If you are unsure whether your experience matches every requirement, we encourage you to apply. We value diverse perspectives and experiences to enrich our team.
We are committed to diversity, equity, and inclusion, creating accessible environments for all colleagues, candidates, and customers. Accommodation requests due to disability can be made at any stage of the application and employment process.
Please Note: Candidates aged 18 or older are required to complete a criminal background check. Details will be provided during the application process.
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Company
Loblaw Companies Limited
Location
Calgary
Country
Canada
Salary
125.000
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