Montreal Industrial Market Report Q3 2018
A tighter industrial market and strong economic performance are accelerating the supply of industrial space
- The Greater Montréal Area’s industrial market posted dynamic third quarter results in 2018. Net absorption stood at 1,426,335 square feet.
- The vacancy rate shifted from 3.0% in Q1 2018 to 2.7% in Q3 2018.
- With work now underway on the REM rapid transit system, interest in quality properties near the new commuter rail line has been gathering steam.