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TJX

Runs off-price clothing and home goods stores

Manager of Real Estate – Regional Director

Real EstateConfirmed live in the last 24 hours
Full-timeMississauga, ON, CanadaCA$118.7k - CA$168.7k /yrIn-person

About the Job

Requirements

  • Post-secondary education in Commercial Real Estate, Business Administration, or a related discipline.
  • A minimum of six years of professional experience in commercial real estate, including site selection, market analysis, real estate deal making, and lease negotiations.
  • Strong written and verbal communication skills and the ability to present and articulate complex information.
  • Ability to manage ambiguity, adapt quickly, and lead others in changing conditions.
  • Demonstrated proficiency in influencing others to achieve common goals.
  • Project management skills, including structured project methodology covering needs determination, research of existing programs, maintenance of detailed development plans, specification determination, principles of project control, and knowledge of project reporting systems.
  • Collaboration skills including negotiation, information gathering, and active listening, and the ability to build effective working relationships with internal and external stakeholders through credibility, respect, and rapport.
  • Consultative skills, including identifying bottlenecks or challenges and procuring and analyzing quantitative and/or qualitative data to develop strategies and solutions.
  • Computer skills with Microsoft Office (Word, Excel, and PowerPoint) and Outlook.

Responsibilities

  • Influence and own execution of a multi-year regional retail and industrial real estate network strategy aligned with the long-term real estate vision.
  • Provide input to facilitate the negotiation process with TJX Canada counsel.
  • Direct and influence internal cross-functional teams and external lawyer and broker teams; negotiate economic terms and clauses with developers, landlords, and real estate broker representatives for prospective new store locations, expansions, relocations, and industrial properties.
  • Use industry relationships with brokers, developers, landlords, and other retailers to maintain awareness of commercial and industrial retail real estate trends and prospective site opportunities; act as liaison for Store Operations on landlord issues and asset management.
  • Research, prepare, and present strategic recommendations and submissions to Canada and U.S. executive teams for approval of proposed real estate transactions.
  • Partner with functional leaders across TJX, including Operations, Finance, Merchandising, and Business Development, to develop a cohesive understanding and strategy for executing the TJX model.
  • Direct and participate in lease negotiations to finalize leases, renewals, and lease-amending agreements, including for existing stores.
  • Lead lease renewal negotiations with brokers and landlords to deliver occupancy cost savings against the TJX Canada budget.

Desired Qualifications

  • Experience with industrial real estate transactions, including warehousing and support sites, is considered an asset.
  • Bilingualism in English and French is considered a strong asset.
  • Knowledge of AutoCAD is considered an asset.

About the Company

TJX

Runs off-price clothing and home goods stores

TJX runs off-price stores that sell brand-name clothing, shoes, accessories and home goods for less than department stores and malls charge, in the United States and abroad. Its best-known U.S. chains are T.J. Maxx, Marshalls and HomeGoods, which shoppers visit often because each store's mix of labels and products changes from week to week. Instead of ordering fixed seasonal collections, its buyers purchase closeouts, canceled orders and excess production directly from brands, and TJX makes money by reselling those goods at markdowns while keeping its own buying costs low. TJX was founded in 1987 and is headquartered in Framingham, Massachusetts.

Company size
10,001+
Company stage
IPO
Headquarters
Framingham, MA
Founded
1987

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