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Research

Montreal Industrial Market Report Q1 2019

Montreal Industrial Market Report Q1 2019

Montreal Industrial Market Report Q1 2019
Against all odds, the Greater Montréal Area’s industrial market showed great resilience.

  1. In the opening quarter of 2019, net positive absorption was 364,551 square feet. The slowing absorption points to a slight economic slowdown and a tighter market that is struggling to meet the specific needs of the industry.
  2. The vacancy rate shifted from 3.0% in Q1 2018 to 2.4% in Q1 2019.
  3. The industrial market should continue to be dynamic in 2019, but less so than in 2018.


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