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Montreal Industrial Market Report Q2 2021

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research article

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.

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Montreal Industrial Market Report Q2 2021

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For More Information, Please Contact:

Colin Worrell

Managing Director, Brokerage

Montreal

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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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