Real Estate Portfolio Manager

Overview

who we are lululemon is an innovative performance apparel company for yoga, running, training, and other athletic pursuits. We set the bar in technical fabrics and functional design, creating transformational products and experiences that support people in moving, growing, connecting, and being well. We strive to build a healthier, thriving future with an equitable, inclusive and growth‑focused environment for our people.

The Store Development Real Estate Team supports physical store growth and portfolio management.

The Real Estate Portfolio Manager will report to the Director of Real Estate and Portfolio Management and, in support of market growth strategy, will manage existing fleet renewals, lease actions, storage, renovations and initiatives. The role will also provide support for business needs and strategies and undertake reporting.

• In collaboration with Sr. Real Estate Managers, support fleet growth strategies and initiatives
• Work 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

• 3 - 5+ years 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 with a high level of initiative
• Proven work ethic with utmost integrity
• Desire to excel and succeed

• Acknowledge the presence of choice in every moment and take personal responsibility for your life
• Possess an entrepreneurial spirit and continually innovate to achieve great results
• Communicate with honesty and kindness and create 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

Authorization to work in Canada is required for this role.

Lululemon’s compensation offerings are grounded in a pay-for-performance philosophy. The typical hiring range for this position is from $103,500 - $135,900 annually; base pay is based on market location and may vary based on job-related knowledge, skills, experience, and internal equity. Permanent employees in this position may be eligible for our competitive annual bonus program, subject to program eligibility requirements.

At Lululemon, investing in our people is a top priority. We strive to be the place where inclusive leaders come to develop and enable all to be well. Other components of our total rewards offerings include 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

Note:

The incentive programs, benefits, and perks have certain eligibility requirements. The company reserves the right to alter these programs without advance notice.

This role is classified as In-Person under our SSC Workplace Policy. In-person collaboration and connection are important to our culture. Work is performed onsite, minimum 4 days per week.