Director, Industrial Asset Management

Location: 22 St. Clair Avenue East, Toronto, Ontario, M4T 2S5 Position Overview

The Director, Industrial AssetManagement,is a key member of the Asset Management team with a focus on enhancing the financial and operational performance of assets toidentifyrisks and opportunities. In this role, the primary goal includes enhancing property value whileexhibitingtraits of an authentic leader. Responsibilities

Play a key role in reviewing and analyzing the annual property budgets, business plans, and quarterly forecasts while collaborating with property management,leasingand accounting. Coordinate all quarterly reportingKPIsand reforecasts for industrial leasing and asset management budgets. Key contributor and driver of quarterly reporting, including property-level financial, operational, leasing market commentary, leasing performance, sustainabilityinitiativesand other relevant information. Provideanalyticalguidancefor major new and renewal tenant leases to support negotiations. Identify, recommend, and implement property-level value enhancement within the portfolio. Review and approve prospective tenant's financial covenant and NER calculations. Provide guidance and direction to the Asset Manager, and other department colleagues. Develop team member skillsets to grow in the qualitativeand quantitativeasset management skills needed to drivegrowth in the portfolio. Maintain strategic Asset Plans for each property in the assigned portfolio. Anticipates internal and or external business challenges,vendorand/or regulatory issues; recommends process,productor service improvements Activelyparticipatein a variety of miscellaneous projects requiring financial decisions (e.g. redevelopment and re-leasing analysis, business evaluation). Review monthly and/or quarterly financial statements at the property and portfolio level to track and analyze performance. Create,improveand manage various internal reporting and analytics with the goal of improving decision-making. Build andmaintainstrong professional relationships with all groups within Choice including, property management, leasing, andallother stakeholders. Support the team to ensure departmentobjectivesare achieved Use development, mentoring and coaching techniques to builda strong team Qualifications

7+ years of experience in asset management and leasing experience is considered an asset. Minimum of twoyears’People leadership experience,demonstratingsuccessful management of a large teamutilizingmotivation,mentorshipand coaching skills. In-depth understanding and knowledge of property analytics and cash flows with strong financial acumen. Communicates complex concepts effectively, with a proven ability toanticipatepotential objections and persuades senior executives, to adopt a different point of view. Experience working for a REIT is consider a strong asset. Excellent communication and interpersonal skills with the ability to foster and develop internal and external relationships. Excellent organizational and time management skills and the ability to work independently and collaboratively to enact results and achieve desired outcomes. Ability toutilizeyour critical thinking, analytical and decision-making skills in a fast-paced environment. Keen attention to detail and a high degree of accuracy. Strong technical skills and experience with Power BI and MS Excel. Validdrivers’license and access to reliable transportation is an asset. Demonstrated actions aligned with Choice’s CORE values. About Choice Properties

Choice Properties Real Estate Investment Trust is an owner, manager and developer of well-located retail and commercial real estate across Canada. Choice Properties' portfolio spans approximately 65 million square feet of gross leasable area and consists of over 700 properties primarily focused on supermarket-anchored shopping centers. Choice Properties’ strategy is to create value by enhancing and optimizing its portfolio through high quality transactions, strategic development and active property management. We mainly focus on necessity-based retail, and high-quality industrial and mixed-use assets. In particular, we have a strategic relationship with Loblaw, our largest tenant, that provides us with access to high quality investment opportunities. Our established operating platform with a proven track record of success also provides us with access to a transformational development pipeline that we believe supports superior long-term value creation and growth. A commitment to continuous learning and development is a strong part of our culture. Additional Information

Choice Properties REIT recognizes Canada's diversity as a source of national pride and strength. We have made it a priority to reflect our nation’s evolving diversity in the people we hire, and the culture we create in our organization. Accommodation is available upon request for applicants and employees with disabilities. In addition, we believe that compliance with laws is about doing the right thing. Upholding the law is part of our Code of Conduct – it reinforces what our customers and stakeholders expect of us. Number of Openings: 1 Please Note: If you have Employee Self Service (ESS) on Workday, apply to this job via the Workday application. Hiring Range / Échelle salariale à l’embauche : $147,840.00 - $197,840.00 / 147.840,00$ - 197.840,00$ (per year / par an) A candidate’s experience and knowledge as well as the geographical region in which the position is located may be factored into the pay a candidate receives for this position. This posting is for a newly created position. The Company uses artificial intelligence for the purpose of screening, assessing and/or selecting applicants for this position. / L’expérience et les connaissances d’un candidat ainsi que la région géographique dans laquelle le poste est situé peuvent être prises en compte dans la rémunération qu’un candidat reçoit pour ce poste. Cette offre d’emploi concerne un poste nouvellement créé. L’entreprise utilise l’intelligence artificielle dans le but de filtrer, d’évaluer et/ou de sélectionner les candidats à ce poste.

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