(CAN) Senior Manager, Real Estate (IC)

Job Description

Position Summary

Responsible for identifying, evaluating, and securing new opportunities for new store locations. This role requires strategic thinking, deep retail market understanding, negotiation skills, a collaborative mindset, and the ability to drive projects from inception to completion.

What You’ll Do

• Conduct comprehensive market analysis to identify potential new store locations based on demographic data, traffic patterns, competitive landscape, and economic trends.


• Evaluate sites and conduct feasibility studies to assess viability verk potential profitability of new store locations.


• Manage all aspects of site acquisition, including identification, negotiation, and contract execution.


• Collaborate closely with internal teams to ensure alignment and timely project execution.


• Develop and maintain project timelines to meet all milestones within budget.


• Negotiate lease terms and conditions, build and maintain relationships with landlords, brokers, and other real estate professionals, and oversee drafting and review of contracts.


• Perform budget management and financial analysis to support site selection and lease negotiation decisions.


• Provide regular updates and reports on project status, market conditions, and strategic recommendations, and maintain accurate records of all transactions, agreements, and project documentation.

Leadership Expectations

• Respect the Individual: demonstrate and encourage respect for others; foster a positive associate and customer experience; support workplace belonging.


• Demonstrate engagement, commitment, and develop others through feedback, coaching, mentoring, and recognition of contributions.


• Build strong and trusting relationships, communicate with impact, listen attentively, andigs energy and positivity.


• Act with Integrity: maintain highest standards of ethics, compliance, and model Walmart values; support a culture of non-retaliation and accountability.


• Serve our Customers: deliver results with customer focus and an omni-merchant mindset; employ every day low cost principles to drive value and low prices.


• Strive for Excellence: consistently raise the bar, seek improvement, engage in innovation and risk-taking, embrace continuous improvement and digital tools.

Qualifications

• Minimum 7 years of experience in Canadian Retail/Commercial Real Estate.


• Strong Real Estate Finance background (IRR, NPV, DCF) – ideally with P&L & Balance Sheet experience.


• Excellent negotiation and communication skills.


• Results driven with strong problem solving skills.


• Strong team building and interpersonal skills.


• inexpensively contact network of existing developers / landowners.


• Experience in Real Estate development application and planning is beneficial, but not essential.

Pay range: $109,400.00 - $150,480.00. Pay will be determined based on relevant experience.