Thunder Bay Commercial Real Estate
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Serving the Thunder Bay and Northern Ontario Area
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Thunder Bay is rapidly evolving from a resource and manufacturing hub to a city known for its knowledge, education and healthcare sectors. New mining opportunities are expected to bring a population and development surge to the area in the coming years, driving a greater demand for commercial real estate. CBRE is proud to serve Thunder Bay, as Canada’s leading commercial real estate services firm.
CBRE is committed to matching and exceeding expectations, by helping clients realize their real estate objectives and grow their bottom line. Our professionals have unmatched knowledge of the Northern Ontario market, with entrenched relationships throughout Thunder Bay and the surrounding area. By leveraging industry-leading technology, a nationwide property database and comprehensive market knowledge, we provide a competitive advantage in all your real estate dealings.
Whether you’re an investor, occupier or owner, CBRE is a one-stop solution for all your commercial real estate needs.
2025
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2025 Canadian Real Estate Market Outlook
2025 is poised to be a year of increased activity. The cost of capital crisis will finally begin to ease and, contingent on global bond market conditions, investment and leasing activity will increase in the year ahead.
Access The ReportRecent News
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L.L.Bean is coming to Toronto’s Manulife Centre, with a 9,500 sq. ft. store, the company’s 16th in Canada, opening this fall on the concourse level of the venerable shopping complex at Bay and Bloor streets.
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Randy Fisher and his three kids hit the ice with the CBRE London / CBRE Waterloo Region hockey team and raised $10,000 for London’s Hockey Helps the Homeless tournament.
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CBRE Vancouver’s Rudy Uhl is undertaking the BAR 100|100, a cross-Canada bike ride featuring ten 100 km ultramarathons to raise funds for the Canadian Mental Health Association.
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CBRE helped Ability Biotherapeutics secure a full floor at Phase 2 of Inspire Bio Innovations. Life sciences activity is starting to recover after a challenging 2024.
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CBRE has hit the right note in leasing the former Chapters building in downtown Ottawa to Live Nation Canada.
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Artificial intelligence is becoming more prevalent and as a result, the need for energy to supply data centres is increasing. But in a global energy crisis, what’s the solution?
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Fraser McKenna and his team are working with Beedie, a West Coast residential and commercial developer, to sell industrial condo units at BOLT, its new development in Bolton, ON.
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The Canadian retail sector faces robust demand, low vacancy rates and limited construction activity, but CBRE’s Alistair Corbett says new developments are about to kick off in Alberta.
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CBRE Group, Inc. earlier this year combined its project management business with Turner & Townsend, a majority-owned subsidiary that provides program management, cost consultancy and project management services globally.
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Toronto's office market saw a 50 bps drop in vacancy to 18.5% in Q1 2025, while national industrial availability rose to 5.0% amid tariff concerns.
Facilities Management Team
623 James Street South
Suite 105
Thunder Bay
,
Ontario
P7E 6V4
