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Local Industrial Report: Greater Montréal Area - Q2 2013

  • The Greater Montréal Area industrial fundamentals improved in the second quarter of the year.
  • Increased leasing activity was recorded across some sub-markets with an overall absorption that improved significantly in comparison to the first quarter of 2013. 
  • Demand for modern single-tenant buildings with high ceilings and within close proximity to highways remained strong putting pressure on asking rates especially in secondary sub-markets.

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