The Montreal Industrial market continues to exceed all expectations as the demand for space continues to grow, highlighted by the lack of new product being delivered and the continued expansion of e-commerce companies.
- The rental market continues to be extremely competitive; the lack of available space has spurred an 18% growth in net rents year-over-year.
- Developers impacted by cost increases are still rushing to meet the demand for new space and breaking ground on new projects across the city.
- The North and South Shores continue to see the most activity and users are now forced to look for off island for suitable options.
