AVP Development & Transactions Real Estate

Requisition ID: 185983

Career Group: Corporate Office Careers

Job Category: Real Estate Development & Transactions

Travel Requirements: 0 - 10%

Job Type: Full-Time

Country: Canada (CA)

Province: Ontario

City: Mississauga

Location: Tahoe Office

Embark on a rewarding career with Sobeys Inc., celebrated among Canada’s Top 100 employers, where your talents contribute to our commitment to excellence and community impact.

Our family of 128,000 employees and franchise affiliates share a collective passion for delivering exceptional shopping experiences and amazing food to all our customers. Our mission is to nurture the things that make life better – great experiences, families, communities, and our employees. We are a family nurturing families.

A proudly Canadian company, we started in a small town in Nova Scotia but we are now in communities of all sizes across this great country. With over 1,600 stores in all 10 provinces, you may know us as Sobeys, Safeway, IGA, Foodland, FreshCo, Thrifty Foods, Lawtons Drug Stores or another of our great banners but we are all one extended family.

Ready to Make an impact?

Here’s Where You’ll Be Focusing

• Lead the Real Estate Strategy, Capital Plan, Development and Transaction process Empire in Ontario
  
  

Manage and build the opportunity pipeline (such as site selection, purchases, and lease negotiations), site disposition (asset sales and subleasing)

• Review and approve key lease or sale terms of the Ontario Real Estate Transactions team.
• Manage and Lead the real estate development process: development of new sites, expansion, renovation, redevelopments (e.g. business case/viability analysis), oversight of third-party development, municipal planning.
• Responsible for regional strategic planning and implementation of 5 Year Network Strategy, Capital Plan and Real Estate Budget
• Coordinate all aspects of the Capital Appropriation Request (“CAR” or “ECAR”) including requesting, reviewing, and providing input on Market Studies, Construction Budgets and Financial analysis.
• Foster a close working relationship with the regional senior leaders of Operations and Business Development to ensure consistent alignment on strategy and manage the business’ needs in a diligent manner.
• Ensure all presentation and reporting materials and supporting data have been fully vetted by the key business stakeholders (e.g. Operations, Finance, Construction) and carefully reviewed for Senior Management Approval (REAC)
• Liaise with landlords, developers, and government agencies as needed, including maintaining day to day relationships with Crombie and other third-party developers regarding new development opportunities
• Support Lease Administration as needed to troubleshoot potential landlord issues
• Design and implement best practice real estate process improvements for the organization
• Manage and Lead a team of 3 real estate professionals. Oversee talent management and development, including recruitment, succession planning, orientation, training, and performance management for the regional Real Estate team (Ontario)
• Work closely with Construction and Design to influence site plan development (access, parking, loading, etc.) and all required Landlord’s Work specifications to ensure Sobeys design criteria are implemented in the project
• Work with the Real Estate Legal team to: oversee all contract condition dates, lease amendments such as extensions, lease agreements, agreements of purchase and sale or any legal real estate agreements
• Coordinate all required financial analysis with Real Estate and Operations Finance team to support Capital Projects
  
  

What You Have To Offer

Undergraduate degree – preferably in Business or Real Estate

• 12+ years experience in Commercial Real Estate and Development
• Professional affiliations/memberships related to real estate/planning
• Knowledge of the grocery store business is preferred
• Knowledge of land planning and construction practices
  
  

Hybird

At Sobeys we require our teammates to have the ability to adhere to a hybrid work model that requires your presence at one of our office locations at least three days per week. This requirement is integral to our commitment to team collaboration and the overall success of our office culture.

We offer a comprehensive Total Rewards package, which varies by role and designed to help our teammates to live better – physically, financially and emotionally.

Some websites share our job opportunities and may provide salary estimates without our knowledge. These estimates are based on similar jobs and postings for general comparison, but these numbers are not provided by our organization nor monitored for accuracy.

We will consider factors such as your working location, work experience and skills as well as internal equity, and market conditions to ensure the selected candidate is paid fairly and competitively. We look forward to discussing the specific compensation details relevant to this role with candidates who are selected to move forward in the recruitment process.

Our Total Rewards programs, for full-time teammates, goes well beyond your paycheque:

• Competitive Benefits Package, tailored to meet your needs, including health and dental coverage, life, short- and long-term disability insurance.
• Access to Virtual Health Care Platform and Employee and Family Assistance Program.
• A Retirement and Savings Plan that provides you with the opportunity to build and add value to your savings.
• A 10% in-store discount at our participating banners and access to a wide range of other discount programs, making your purchases more affordable.
• Learning and Development Resources to fuel your professional growth.
• Parental leave top-up
• Paid Vacation and Days-off
  
  

We are committed to accommodating applicants with disabilities throughout the hiring process and will work with applicants requesting accommodation at any stage of this process.