Montreal industrial market report Q3 2019

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Montreal industrial market report Q3 2019

The Greater Montreal’s industrial market continues to tighten in the third quarter of the year. With the availability rate and vacancy rates continuing their descent, to 3.3% and 2.0% respectively, the industrial market is in dire need of new supply in the form of speculative builds or the re-purposing of older product to today's requirements. 

The last speculative industrial build in Saint-Laurent was fully leased by the time construction had finished. Numerous speculative building projects are in the planning stages around the Greater Montreal Area on and off island and promise a solution to the lack of available product.  

 

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Montreal industrial market report Q3 2019

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Jean-Marc Dubé

Senior Vice President | Group Practice Lead | Chartered Real Estate Broker

Montreal

Jean-Marc is a senior member of the industrial division of the Montreal Colliers International team and an accomplished executive with a proven ability to develop and implement strategies that support his customers’ business and financial objectives. His expertise includes tenant/purchaser representation, property listings (sale and lease), sale-leasebacks, built-to-suits and land development.

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Arnold Fox

Senior Vice President | Real Estate Broker

Montreal

Arnold joined Colliers International in April 1989 and has over 25 years of experience in industrial leasing and sales. He specializes in tenant and landlord representation for industrial properties, construction, development, as well as investment sales.

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