The Greater Montreal's industrial market continues to tighten in Q4 2019, driven by high demand of tenants with limited options in the market. As a result, rental rates continue to steadily rise over 2019.
- The availability and vacancy rate have declined since the beginning of the year.
- The availability rate started at 4.3% in Q1 2019 and currently sits at 3.3% for Q4 2019.