Manager, Asset Management Leasing
Manager, Asset Management & Leasing
(Non-Union Full Time)
In 2008, the Toronto District School Board (TDSB) established the Toronto Lands
Corporation (TLC) to be its independent arm s length real estate agency.
Authorized by a Shareholder s Direction, the TDSB expanded TLC s manda
include Board-wide real-estate, land use planning, asset management and
leasing, fostering partnerships, integrating community hubs/services through
the redevelopment of school sites or the modernization of schools. With
approximately 600 properties in TDSB s inventory, TLC now manages one of th
largest public asset portfolios located in Ontario s most dynamic and
development impacted cities. Through the initialization and alignment of its
cross functional senior management team, TLC will effectively respond to its
expanded mandate while maximizing opportunities and benefits to the TDSB, its
students and the communities served. Reporting to the Senior Manager, Real
Estate, this position will be accountable for providing expertise and
responsibility in negotiating and managing leases and a various real estate
related agreements. As part of a team, the Manager, Leasing & Asset Management
will be responsible for relying on best practices, established policies,
procedures, guidelines and protocols and guided by the Corporation s overal
objectives. With a broad- based real estate background combined with education
and experience, the Manager will work collaboratively with the TLC team, key
TDSB departments, community groups, external consultants and the general public
to effectively respond to a wide range of real estate projects that impact
school board sites and communities.
Provide professional advice and support in the areas of real estate
leasing, property management, finance reports, acquisition, disposition, with a
particular emphasis on leasing of available space in operating schools, surplus
school properties and third party owned properties. Prepare proposals for
disposition and/or lease in compliance with Ontario Regulation 444/98,
Disposition of Surplus Real Property, develop terms of reference, undertake
feasibility studies, issue requests for proposals (RFPs), requests for quotes
(RFQ;s) respecting leasing, property management and disposition opportunities.
Lead public consultations on behalf of TLC at public meetings, committee
meetings and standing committees, as may be required.
Utilizing an extensive professional background that includes commercial,
industrial, institutional real estate properties, provide sound and effective
solutions when negotiating new agreements and resolving issues.
Working collaboratively with the TLC team, to provide comparative financi
analysis on various projects, manage and negotiate a variety of real estate
transactions that support TLC/TDSB objectives and impact on school board
operations and TDSB sites.
Responsible for negotiations in a wide range of real estate transactions
(leasing, tenant disputes, community partnerships, community services/hubs,
temporary access agreements) with the public/private sector.
Negotiate with consultants, lawyers, planners, environmental consultants,
appraisers and engineers and assess potential costs, risks and liabilities and
manage a transaction process in a fair, open and transparent process.
Draft board reports and participate in policy, process development.
Ensure adherence to industry standards, TDSB and Provincial policies, act
or regulations that apply to leasing and sale transactions governing school
boards and contract specifications in the management of contractors, vendors
Liaise with TDSB staff and other stakeholders as appropriate for the sale
lease or other property agreements of surplus and operating school facilities.
Knowledge of applicable legislation such as Residential Tenancies Act,
Planning Act, Ontario Building Code, Labour Relations Act, the Ontario Human
Rights Code, Ministry of Education and associated regulations and policies
pertaining to real property (Regulation 444/98, Planning and Partnership
Demonstrated knowledge and application of market trends, market rents,
market conditions, accounting reporting and understanding principles of market
value with all factors that will assist the team in providing and developing
real estate reports for the TDSB portfolio and develop on-going standards for
the effective utilization of the asset portfolio.
Formulate, manage or participate in the preparation of annual property an
corporate operating and capital cost budgets; work collaboratively with TDSB
Prepare quarterly budget operating reports, monitor and be responsible fo
the management of project expenditures and provide analysis as required on a
per site basis.
Management of leasing portfolio that includes leases of non-operating
schools, child care agreements, external commercial leases to third parties,
and a variety of leases related to the asset portfolio.
Demonstrated commitment to service excellence standards for the Real Esta
University degree in real estate, finance, business, or a related discipline in
combination with another related designation(s) or candidate member in good
standing, such as a CRA or AACI with the Appraisal Institute of Canada; or SR/
WA, Right of Way Association, Property Management Certificate, RPA, CPM, or
eligibility for membership in the Real Estate Institute of Canada and/or
Building Owners and Managers Association.
Demonstrated real estate experience of a minimum of six to eight years
which illustrates a broad range of knowledge and understanding of the
complexities of the real estate industry with a focus on transaction management
(leases/dispositions/facilities management/finance reporting) with diverse
Excellent organizational, time management and multi-tasking skills to
manage, supervise, and balance a number of projects simultaneously and to meet
Complete regular property inspections to monitor the condition of TDSB
properties and follow up with TDSB maintenance staff on any required repairs.
Conduct tenant meetings on a monthly basis to ensure tenant satisfaction
and compliance with the term of the lease agreement;
Preference will be given to those candidates with a combination of privat
and public sector experience.
Thorough understanding and knowledge of municipal and provincial
legislation applicable to real estate projects including various codes,
standards, policies and management practices and procedures that can impact and
guide real estate management and transactions, such as ESA, Surveys,
Engineering drawings, heritage (land and building), archeology, financial
analysis, project management operations, construction maintenance, tenants
relations and required reporting, lease administration, property accounting and
an understanding of public procurement policies/practices, etc.;
Strong leadership and managerial skills.
Demonstrated political and business acumen supporting effective working
relationships with 3 diverse stakeholders including communities, TDSB staff,
City and Provincial elected officials;
Excellent analytical and problem-solving and conflict management skills.
Strong oral and written communication skills
Proficiency in computer applications such as (relational databases,
spreadsheets, project management, presentation packages, Internet browsers,
social media and geographic information systems, database management);
Awareness and commitment in promoting equitable practices which value
inclusiveness and diversity.
Other duties as may be assigned and amended from time to time as project
Valid driver s license and vehicle for transportation to various Tor
District School Board "TDSB" sites and properties within the Greater Toronto
1. TDSB security clearance required.
2. Willingness and availability to work overtime.
3. Valid Class G Driver s License and access to a vehicle for TLC business,
travel across the TDSB will be required.
Location: This position will be located at 60 St. Clair Ave. East, Suite 201
(wheelchair accessible) Work Year:
How to Apply: Please send your resume to:
and include the title of the
position you are applying for and what platform you found the position on in
the subject line.
July 10, 2020
Only applicants selected for an interview will be contacted. Applications will
not be acknowledged in writing.
Following the advice of Canadian health authorities, to mitigate the risk of
potential spread of COVID-19 and support social distancing, initial interviews
will be conducted via video conferencing.
We strive to meet the accommodation needs of persons with disabilities.
Applicants are encouraged to make their needs for accommodation known in
advance during the application process.
Thank you for your interest.
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