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Local Industrial Report - Greater Montreal Area Q3 2013

  • Overall, there continues to be excess supply in the industrial market with buildings being added quicker than removed in the Greater Montreal Area, however absorption is expected to become positive in the quarters to come.
  • There continues to be strong demand for buildings ranging from 20,000 to 40,000 square feet across the GMA particularly in the West-Island, Saint-Laurent and Midtown submarkets.
  • Future projects in the industrial and commercial sectors will support Montreal’s economic expansion as investors’ level of confidence is believed to rise in the months to come

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