Senior Manager, Real Estate Development

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 L’occasion Nous sommes actuellement à la recherche d’un ou d’une gestionnaire principal(e), Immobilier, qui travaillera à notre bureau de Montréal et relèvera du directeur ou de la directrice principal(e), Immobilier. Le ou la gestionnaire principal(e), Immobilier, est responsable des négociations pour les nouveaux magasins, les agrandissements, les déménagements et les autres demandes ponctuelles dans notre vaste portefeuille immobilier de l’Est. Le poste de gestionnaire principal(e), Immobilier, consiste à assurer la coordination entre les différentes équipes (analyses du marché, construction, services juridiques, exploitation et consultants externes) impliquées au développement du réseau. Le ou la titulaire du poste est également responsable de la vente ou du transfert de certaines propriétés identifiées au Québec. Le travail exige des déplacements vers tous les principaux marchés du Québec et, à l’occasion, vers Toronto ou la région de l’Atlantique. Responsabilités Évaluer et analyser les nouveaux emplacements de magasin et les développements dans le secteur du commerce de détail; Analyser le pro forma pour déterminer la faisabilité financière des nouveaux magasins; Négocier des ententes de l’immobilier pour les nouveaux magasins, les agrandissements, les déménagements et les rénovations; Établir et maintenir des relations avec les promoteurs et les propriétaires de l’est du Canada; Participer à la préparation des présentations du comité de l’immobilier; Présenter les projets au comité de l’immobilier de Toronto; Travailler directement avec les propriétaires et les courtiers pour trouver de nouveaux emplacements afin de répondre aux besoins de croissance de toutes les bannières de Pharmaprix et de Shoppers Drug Mart; Négocier les taux de renouvellement de la location pour les bannières Pharmaprix et Shoppers Drug Mart; Aider l’équipe de conception, de développement et de construction du magasin à s’assurer que l’ouverture des magasins est effectuée à temps; Exigences Du Poste Diplôme d’études postsecondaires requis; Expérience dans l’industrie de l’immobilier commercial requise; Cinq à sept ans d’expérience en négociation; Forte capacité à travailler efficacement avec plusieurs équipes; Solides compétences en résolution de problèmes et sens de l’organisation; Excellentes compétences en communication (à l’oral et à l’écrit, en français et en anglais); Maîtrise de PowerPoint et d’Excel et capacité à résumer divers projets immobiliers, à créer et à organiser des tableaux et des projets économiques, y compris le suivi des renouvellements de bail L’accès à un véhicule personnel est requis pour ce rôle – remboursement des frais de déplacement par l’entremise de la politique sur les dépenses 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. 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. #EN #SS #LRE #QC

Responsible for negotiating new store locations, expansions, and relocations within the Eastern Real Estate portfolio. Coordinates between market analytics, construction, legal, and operations teams to ensure timely store openings.

Requires a post-secondary diploma and five to seven years of negotiation experience in the commercial real estate sector. Must be proficient in English and French and possess a personal vehicle for travel.

• Progressive careers • Comprehensive training • Flexibility • Competitive benefits

• Project CoordinationPreferred
• Problem solvingPreferred
• Microsoft ExcelPreferred
• Financial analysisPreferred
• Stakeholder ManagementPreferred
• Contract NegotiationPreferred
• Bilingual communicationPreferred

Identified from the job description. Confirm important requirements above.

• Real Estate Negotiation
• Financial Analysis
• Pro Forma Analysis
• Commercial Real Estate
• Project Coordination
• Stakeholder Management
• Lease Renewal
• Market Analysis
• Microsoft PowerPoint
• Microsoft Excel
• Bilingual Communication
• Problem Solving
• Organizational Skills
• Retail Development
• Contract Negotiation

• Retail
• Management & Leadership
• Construction
• Finance & Accounting
• Legal

Minimum education

College diploma

Minimum experience

5+ years

Apply by

Sep 26, 2026

Posting language

English

Working hours

40 hours per week

Seniority

Mid-Senior level