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Montreal Industrial Market Report Q4 2020

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research article

Montreal’s industrial market has proven to be incredibly resilient over the past 12 months. At its onset, the pandemic posed an imminent threat to the commercial real estate industry. Both the office and retail sectors saw a decline in market activity while the industrial sector saw a surge in demand.

  • Industrial rental rates grew 5.5% in 2020.
  • The availability rate has reached an all-time low in Q4.
  • E-commerce companies continue to dominate the market.

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Montreal Industrial Market Report Q4 2020

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For More Information, Please Contact:

Colin Worrell

Managing Director, Brokerage

Montreal

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Jean-Marc Dubé

Executive 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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Roelof van Dijk

Senior Director, National Research & Analytics | Canada

Toronto Downtown

As Senior Director, Research & Analytics | Canada, Roelof leads the strategy and operation of Colliers Canada Research, delivering market intelligence initiatives that give Colliers and its clients a competitive advantage. He focuses on developing a high-performance national research team that leverages Colliers’ best-in-class market intelligence to produce relevant insights on local and national market and industry trends that inform client decisions, address market needs and support Colliers’ growth strategies.

Roelof has 15 years of experience covering the Canadian commercial real estate market. Prior to his career in commercial real estate, he also worked as a project manager and urban planning consultant for residential developers across the Greater Toronto Area.

Roelof is regularly cited in national publications, such as The Globe & Mail, CBC News, Bloomberg, Reuters, Maclean’s Magazine and the National Post, as well as in local outlets across Canada.

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