The Role: Real Estate Manager, 14 month contract
What You Are Looking For
- A closely connected culture
- A total rewards package meant to enhance your work-life flexibility
- Fully utilizing your talent
- Professional growth and development via challenging projects and assignments
- Warm and fuzzy feelings knowing you have helped your community, your team, the business and social causes through the Rexall Care Network
Reporting directly to the Director, Real Estate, this new Real Estate Manager role is responsible for consistently delivering a high level of service, ensuring HRIS data integrity, payroll accuracy, and compliance with collective agreements and applicable legislation.
What You Will Be Doing
- Negotiate lease renewals and documentation for the responsible region
- Support the Director, Real Estate in site selection, network planning and evaluation of viable real estate opportunities across Eastern / Western Canada through a quantitative and qualitative approach.
- Compile and analyze demographic, competitive and market research information to identify trends and changes impacting the business.
- Develop and recommend strategies for all renewals of existing stores, signage, storage, parking or other management agreements in place, with a sound knowledge of the market and corresponding rates.
- Lead lease negotiations and manage lease documentation in collaboration with Legal (i.e. lease proposals, offers to lease, renewal agreements, termination agreements etc.)
- Maintain accurate, complete, and up-to-date records of all lease agreements and related documentation.
- Prepare and present market overviews, renewal recommendations and deal specific approval packages to the Rexall Executive Team (RET) for approval on a monthly basis, with direction from the Real Estate Director.
- Assist with compiling and analyzing information for other presentations to the RET, as required.
- Prepare market packages for real estate tours and monthly Real Estate Committee (REC) meetings; attend tours as requested.
- Collect, build and maintain databases and analytical tools to support market analysis and location decision making; demonstrate a thorough understanding of the data its business impact.
- Collaborate with business analysts and the Director, Market Development to prepare pro forma models and assess business impacts to support strategic negotiations and renewal implementation.
- Build and maintain strong relationships with all landlords, brokers and physicians within the network to better use Rexall’s position in the market and industry as a whole.
- Maintain and update field tools, including store performance databases and internal reporting systems, as well as demographic and market data.
- Support the development and optimization of retail network plans for the across Eastern / Western Canada.
- Respond to ad hoc requests, as required, for Executive Management, Acquisitions, Operations, Merchandising, Design & Construction, Finance and Rexall Health Solutions.
- Perform additional duties as assigned to support overall real estate and Rexall Pharmacy Group Ltd. Objectives.
How Will You Succeed
- University degree in Real Estate, Business, Retail Geography or Urban Planning
- 3-5 years’ relevant work experience in commercial real estate, with a strong preference for retail leasing
- Proven ability to negotiate and delivery targeted results, does not shy away from difficult conversations
- Advanced knowledge of Microsoft Applications- Excel, Word, PowerPoint
- Demonstrated understanding of retail business fundamentals and market dynamics
- Strong analytical capabilities, with the ability to interpret and translate data into actionable insights
- Proven ability to multi-task, meet deadlines, and balance competing requests
- Knowledge of statistical analysis is considered an asset
- Excellent written and verbale communication skills
- Experience using MapInfo, ArcInfo or ESRI GIS system developed in a work or academic environment is an asset, but not required
At Rexall, we are better together. We serve our customers, partners, and patients best - we are our best - when everyone brings their true self to work. Our connected, inclusive culture celebrates our lived experiences, backgrounds, expertise, and self-expression to let us win as one team. Leveraging our differences distinguishes us and brings out our best performance.
Are you #ALLin?
Rexall Pharmacy Group is committed to providing an accessible environment for all of our customers, employees, and job applicants. Rexall Pharmacy Group will make available to any selected applicants’ accommodations and/or accessible formats should they require. Candidates are encouraged to discuss any accommodation they may need in order to allow for the most effective selection process.
Our hiring process uses AI-enabled tools to assist with the assessment of applications based on job-related criteria. All decisions are made by the hiring team.
