Senior Director, Real Estate
About The Position
Loblaw Companies Limited is seeking a Senior Director, Real Estate to join their dynamic Real Estate team. This role, based out of the Regional Office at 400 Avenue Sainte-Croix, Montreal, QC, will provide strategic leadership and oversight for Loblaw’s real estate growth, optimization, and renewal agenda across the region. The Senior Director will be 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 ideal 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.
Requirements
- 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.
Nice To Haves
- Experience leading teams, mentoring talent, or providing strategic direction to cross-functional project teams is considered an asset.
Responsibilities
- Evaluate and analyze new store locations and development opportunities in the retail sector
- Analyze and model 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
Benefits
- progressive careers
- comprehensive training
- flexibility
- competitive benefits
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What This Job Offers
Job Type
Full-time
Career Level
Senior
