Senior Manager, Real Estate Development

Shoppers Drug Mart; Montreal (administrative region); On-site; CAD 100,000 - 132,000; Full time

Benefits offered by this job

Comprehensive training

Flexible benefits

Travel opportunities for regional work

Job summary

Shoppers Drug Mart in Montreal seeks a Senior Real Estate Manager to lead negotiations for new stores, expansions, relocations, and related projects across Quebec. You will coordinate with market analytics, construction, legal, and operations teams to drive the network's growth and timely openings.

The role requires 5–7 years in real estate negotiations, strong bilingual communication, and travel across Quebec (and occasionally Toronto/Atlantic region) to oversee property activities.

Qualifications

• Post-secondary diploma required.
• Experience in the commercial real estate sector is required.
• Five to seven years of negotiation experience is required.
• Strong ability to work effectively with multiple teams.
• Excellent communicator (oral and written) in French and English.
• Proficiency in PowerPoint and Excel to summarize real estate projects and proformas.
• Access to a personal vehicle is required for this role.

Responsibilities

• Evaluate and analyze new store locations and developments in the retail sector.
• Analyze the pro forma to determine the financial feasibility of new stores.
• Negotiate real estate agreements for new stores, expansions, relocations and renovations.
• Establish and maintain relationships with developers and owners in Eastern Canada.
• Participate in the preparation of Real Estate Committee presentations.
• Present projects to the Real Estate Committee based in Toronto.
• Work directly with landlords and brokers to meet growth needs for Pharmaprix and Shoppers Drug Mart banners.
• Negotiate lease renewal rates for Pharmaprix and Shoppers Drug Mart banners.
• Assist the store design, development and construction team to ensure openings on time.

Skills

Bilingual English/French

Negotiation skills

Cross-functional collaboration

Analytical thinking

Education

Post-secondary diploma

Tools

PowerPoint

Excel

Job description

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.

The Opportunity

We currently seeking a Senior Real Estate Manager to work out of our Montreal office and reporting to the Senior Director of Real Estate. The Senior Manager of Real Estate is responsible for negotiations for new stores, expansions, relocations, and other ad hoc requests within our vast Eastern Real Estate portfolio. The position of Senior Manager of Real Estate consists of ensuring coordination between the different teams (market analytics, construction, legal services, operations and external consultants) involved in the development of the network. The Senior Manager of Real Estate is also responsible for the sale or transfer of certain identified properties in Quebec. The work requires travel to all major markets in Quebec and occasionally to Toronto or the Atlantic region.

Responsibilities

• Evaluate and analyze new store locations and developments in the retail sector;
• Analyze the pro forma to determine the financial feasibility of new stores;
• Negotiate real estate agreements for new stores, expansions, relocations and renovations;
• Establish and maintain relationships with developers and owners in Eastern Canada;
• Participate in the preparation of Real Estate Committee presentations;
• Present projects to the Real Estate Committee based in Toronto;
• Work directly with landlords and brokers to find new locations to meet the growth needs of Pharmaprix and Shoppers Drug Mart banners;
• Negotiate lease renewal rates for Pharmaprix and Shoppers Drug Mart banners;
• Assist the store design, development and construction team to ensure that stores open on time;

Job Requirements

• Post-secondary diploma required;
• Experience in the commercial real estate sector is required;
• Five to seven years of negotiation experience is required;
• Strong ability to work effectively with multiple teams;
• Strong problem-solving skills and organizational skills;
• Excellent communicator (oral and written, in French and English);
• Proficiency in PowerPoint and Excel with ability to summarize various real estate projects, create and organize charts/economic proformas including lease renewal tracking;
• Access to a personal vehicle is required for this role - milage reimbursed through expense policy;

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.

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.

Hiring Range / Échelle Salariale à L’embauche

$100,000.00 - $132,000.00 / 100.000,00$ - 132.000,00$ (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.