Position Summary...

​​The Senior Manager of Real Estate is responsible for identifying, evaluating, and securing new opportunities for store locations that are not prototypical in nature. This role requires a strategic thinker with a deep understanding of the inner workings of a retailer, the retail real estate market, excellent negotiation skills, and the ability to drive projects from inception to completion. The ideal candidate will possess a blend of analytical, managerial, and communication skills and will play a key role in expanding our store footprint in alignment with our growth strategy.​

What you'll do...

1.​​Strategic Planning and Analysis

​Market Research: Conduct comprehensive market analysis to identify potential new store locations.

​Site Selection: Evaluate potential sites based on demographic data, traffic patterns, competitive landscape, and economic trends.

​Feasibility Studies: Oversee feasibility studies to assess the viability and potential profitability of new store locations.​
2.​​Project Management

​Project Oversight: Manage all aspects of the site acquisition process, including site identification, negotiation, and contract execution.

​Cross-Functional Collaboration: Work closely with internal teams (e.g., Finance, Legal, Construction, Operations) to ensure alignment and timely execution of projects.

​Timeline Management: Develop and maintain project timelines, ensuring all milestones are met within budget.​
3.​​Negotiation and Contracts

​Lease Negotiation: Negotiate terms and conditions of lease agreements, ensuring favorable outcomes for the company.

​Relationship Building: Develop and maintain strong relationships with landlords, brokers, and other real estate professionals.

​Contract Management: Oversee the drafting and review of real estate contracts and agreements.​
4.​​Financial Oversight

​Budget Management: Prepare and manage budgets for real estate projects, ensuring cost efficiency.

​Financial Analysis: Conduct financial analysis to support site selection and lease negotiation decisions.​
5.​​Reporting and Documentation

​Reporting: Provide regular updates and reports to senior leadership on project status, market conditions, and strategic recommendations.

​Documentation: Maintain accurate records of all transactions, agreements, and project documentation.​ 

Qualifications:

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

• Strong Real Estate Finance background IRR, NPV, DCF – (ideally P&L & Balance Sheet as well)

• Excellent negotiation and communication skills

• Results driven with strong problem solving skills

• Strong team building and interpersonal skills

• Extensive network of existing developers / landowners

• Experience in Real Estate development application, and Planning

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Minimum Qualifications...

Outlined below are the required minimum qualifications for this position. If none are listed, there are no minimum qualifications.

Age – 16 or older

Preferred Qualifications...

Outlined below are the optional preferred qualifications for this position. If none are listed, there are no preferred qualifications.

Walmart will accommodate the disability-related needs of applicants and associates as required by law.

Primary Location…

1940 Argentia Rd, Mississauga, ON L5N 1P9, Canada

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