Real Estate Manager

Canadian Tire CorporationToronto, ON
CA$79,000 - CA$131,000Hybrid

About The Position

We are seeking a Real Estate Manager to manage the development of retail stores. The Real Estate Manager should be an expert with respect to all real estate and competitive issues within his/her assigned area. The Real Estate Manager reports directly to the Associate Vice-President of Real Estate for Central Canada. This role involves the evaluation and site selection, negotiation of real estate transactions for incremental and replacement/expansion projects for the store network, and implementing a strategic plan for market and site selection. The individual will assist stakeholders in meeting their annual store development plan, coordinate projects with the store operations team, negotiate Offers to Lease and final Lease documents, and coordinate with external legal counsel, the Construction team, CTREL Real Estate Operations, and market analysis and finance departments. The role also includes presenting projects to senior executives at the Real Estate Committee. The individual in this role will have to travel across Central Canada.

Requirements

  • Minimum of 5 years of industry experience
  • Excellent written and oral communication skills
  • Strategic thinker with strong business acumen
  • Strong negotiation skills
  • Strong project management skills
  • Ability to exercise a high degree of confidentiality
  • Self-motivated and flexible; able to work remotely
  • Strong work ethic and the ability to complete and prioritize multiple competing tasks under time sensitive deadlines
  • Ability to work both independently and as part of a team; proficient at building trust and maintaining relationships
  • Valid driver’s license

Responsibilities

  • Evaluation and site selection together with the negotiation of real estate transactions for incremental and replacement/expansion projects for the store network
  • Implement strategic plan for market and site selection
  • Assisting our stakeholders to meet their annual store development plan
  • Strong coordination of projects with store operations team
  • Negotiation of Offers to Lease & final Lease documents
  • Coordination with external legal counsel on all aspects of legal documentation
  • Coordination with Construction team so as to ensure proper due diligence of landlord’s work
  • Coordination with CTREL Real Estate Operations on renewals and store replacements
  • Coordination with market analysis and finance for the preparation of Cost Benefit Analysis
  • Presentation of projects to the senior executive at Real Estate Committee

Benefits

  • Comprehensive benefits and retirement programs
  • Performance incentives
  • Continuing Education Programs
  • Other perks to support your well-being
  • Career growth opportunities
  • Product discounts
  • Store discounts
  • Supported learning through our Triangle Learning Academy
  • Canadian Tire Profit Sharing
  • Retirement and savings programs for eligible employees
  • Mental health benefits in the amount of $5,000 per year for benefits-eligible employees and their families
  • Total well-being, and mental health tools and resources for all employees
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