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Montreal Industrial Market Report Q2 2022

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research article

Q2 2022 showcased that Montreal is a soaring industrial market. Weekly increases for average asking net rents continue as Montreal reached an average of $13.77 net. The availability rate remained at 1.2% as new supply continues being absorbed during pre-leasing. 

  • The rapid rise in net asking rents has Montreal only 1 quarter behind Toronto.
  • Net asking rate increases had a staggering year-over-year growth of 64%.
  • Bank of Canada policy may slow down the rapid appreciation on the investment side. Q2 ended with a 7% year-over-year increase in sales volume.

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Montreal Industrial Market Report Q2 2022

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For More Information, Please Contact:

Colin Worrell

Senior Managing Director, Brokerage | Montreal

Montreal

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Adam Jacobs

Senior National Director, Research | Canada

Toronto Downtown

Colliers Canada's head of research, leading a cross-country team of 20 mapping, analytics and research professionals. Formerly head of Canada research at Cushman Wakefield and Director of Analytics at Oxford Properties. Featured in mainstream publications such as the Toronto Star, industry publications and podcasts. Specializing in the big picture and the fundamentals driving real estate - demographics, the macro environment and the global economy. 

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