Colliers International (the “Advisors” or "Colliers") have been retained on an exclusive basis by I.G. Investment Management, Ltd. (“IG” or the “Vendor”) to offer for sale a 100% freehold interest in Thunder Bay Centre, a 333,579 square foot retail power centre (the “Property”), located at 767-805 Memorial Avenue in Thunder Bay, Ontario. The Property occupies a 26.8 acre site in the Intercity area and is bordered by Memorial Avenue, Fort William Road, Central Avenue, and Eleventh Avenue. It is 90% leased and anchored by Thunder Bay’s largest Walmart Supercentre featuring a current lease term extending until 2035, Best Buy, Indigo, and Staples with the total centre offering a collective weighted average remaining lease term of over 9 years. The Property has been maintained and managed to institutional investment standards and is being offered for sale free and clear of financing.
Unpriced sale offering with all expressions of interest to be considered by the Vendor as received.