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Montreal Industrial Insight - Q2 2015

  • ​Most noteworthy this quarter were the Greater Montréal Area’s (GMA) new industrial construction starts which almost doubled from the beginning of the year and represent the highest increase in almost two years, an indication of developer's market optimism.
  • Industrial sales declined slightly this quarter. A slight decrease in average asking sale prices was also noticed throughout the GMA
  • The off island markets such as Laval, North Shore and South Shore outperformed this quarter in terms of leasing demand.

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