Director, Real Estate

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. 

Director, Real Estate

Overview:

Come join our dynamic Real Estate team at Loblaw Companies Limited - Regional Office (3225 12st NE #100, Calgary, AB) where everyday there are new opportunities and learning challenges that lie ahead! 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 modelling the pro forma to determine the financial feasibility of new stores;

•    Negotiate real estate agreements for new stores, expansions, replacements, conversions and rightsizes;

•    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 that stores 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 is required;

•    Leading edge skills in PowerPoint and Excel with ability to create executive level presentation decks that describe the real estate project, including developing a variety of charts and economic proformas.

•    Able to work with diverse personalities and styles. Communicates with clarity both written & verbal, 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 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.  
 
Please Note:
Candidates who are 18 years or older are required to complete a criminal background check. Details will be provided through the application process.