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Research

Montreal Industrial Market Report Q2 2019

Montreal Industrial Market Report Q2 2019

Montreal Industrial Market Report Q2 2019
The Greater Montreal industrial market remains tight in the second quarter of the year. 


  • The market continues to lack industrial buildings in the 100,000 square foot range with a minimum of 24-foot clear ceiling heights, and this has been the norm over the last 18 months.
  • No speculative industrial builds in the Greater Montreal Area are projected for the near future but are most certainly in discussion.
  • Vacancy rates have declined, from 3.1% in Q2 2018 to 2.3% this quarter, which represents 2.93 million square feet of industrial property being occupied in that same period.

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