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

‎ 

Minimum Qualifications...

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

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

Are you currently a Walmart associate?

Please login to your Workday account and use the Find Jobs report to apply for this job.

• Find Jobs

R-2063383