Senior 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.
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.
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.
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