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With acquisition of Intercity mall in Thunder Bay, Leyad pushes deeper into smaller markets

Latest purchase adds dominant retail centre in remote northern Ontario region
The Intercity Shopping Centre is considered one of the more prominent retail properties in the city of Thunder Bay, Ontario. (Leyad)
The Intercity Shopping Centre is considered one of the more prominent retail properties in the city of Thunder Bay, Ontario. (Leyad)

Henry Zavriyev’s Leyad real estate firm continued its quest to buy retail properties in overlooked Canadian markets. Its latest purchase, the Intercity Shopping Centre in Thunder Bay, a remote city that serves as the primary commercial hub for a vast region spanning Northwestern Ontario.

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