who we are
lululemon is an innovative performance apparel company for yoga, running, training, and other athletic pursuits. Setting the bar in technical fabrics and functional design, we create transformational products and experiences that support people in moving, growing, connecting, and being well. We owe our success to our innovative product, emphasis on stores, commitment to our people, and the incredible connections we make in every community we're in. As a company, we focus on creating positive change to build a healthier, thriving future. In particular, that includes creating an equitable, inclusive and growth-focused environment for our people.
about this team
The Store Development Real Estate Team supports physical store growth and portfolio management. Reporting to the Director of Real Estate and Portfolio Management and in support of market growth strategy, the Real Estate Portfolio Manager will manage existing fleet renewals, lease actions, storage, renovations and initiatives. The Real Estate Portfolio Manager will also provide support for business needs and strategies and undertake reporting.
core responsibilities
The Real Estate Portfolio Manager will
In collaboration with Sr. Real Estate Managers, support fleet growth strategies and initiatives.
Working directly with landlords, negotiate and execute lease renewals, renovations and lease actions.
Source, negotiate and execute temporary leases, as required, for major capital projects.
Source, negotiate and execute storage, parking, and signage agreements.
Liaise with attorneys to review, negotiate and finalize lease documents.
Support capital projects by producing real estate presentations; and
Collaborate with lease administration on amendment reviews and other real estate activities whilst managing lease databases, reports and key lease dates.
qualifications
3 - 5+ yrs related real estate experience
Strong negotiation skills
Confident familiarity with lease documents and leasing strategies
Effective problem-solving, organizational, and communication skills
Ability to effectively collaborate with stakeholders and partners
Resourceful, and high level of initiative
Proven work ethic with utmost integrity; and
Desire to excel and succeed.
must haves
Acknowledge the presence of choice in every moment and take personal responsibility for your life.
Possess an entrepreneurial spirit and continuously innovate to achieve great results.
Communicate with honesty and kindness and create the space for others to do the same.
Lead with courage, knowing the possibility of greatness is bigger than the fear of failure.
Foster connection by putting people first and building trusting relationships.
Integrate fun and joy as a way of being and working, aka doesn't take yourself too seriously.
additional notes
Authorization to work in Canada is required for this role.
compensation and benefits package
lululemon's compensation offerings are grounded in a pay-for-performance philosophy that recognizes exceptional individual and team?performance. The?typical hiring range for this position is from?$103,500 - $135,900 annually; the base pay offered is based on market location and may vary depending on job-related knowledge, skills, experience, and internal equity. As part of our total rewards offering, permanent employees in this position may be eligible for our competitive annual bonus program and, subject to program eligibility requirements.
At lululemon, investing in our people is a top priority. We believe that when life works, work works. We strive to be the place where inclusive leaders come to develop and enable all to be well. Recognizing our teams for their performance and dedication, other components of our total rewards offerings include support of career development, wellbeing, and personal growth:
Extended health and dental benefits, and mental health plans
Paid time off
Savings and retirement plan matching
Generous employee discount
Fitness & yoga classes
Parenthood top-up
Extensive catalog of development course offerings
People networks, mentorship programs, and leadership series (to name a few)
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