Skip Ribbon Commands
Skip to main content

Research

Report

Greater Montreal Industrial Insight - Q2 2018


An inflow of industrial users into the market, along with an expansion of the local economy, have meant three quarters of positive net absorption in the Greater Montreal Area (GMA). And although the level of positive net absorption has slowed down in the last couple quarters, this has been due to a shortfall in available space rather than a lack of demand. Contributing to this shortfall are the lack of new supply coming to market in the quarter, and the vacancy rate decreasing 70 basis points quarter-over-quarter. Because Quebec’s economy is projected to grow by 2.0 percent, we expect this shortfall to continue into the coming quarters as well. Landlords and investors are aware of this shortfall however, and several speculative projects are under construction and planned.

Please fill out the form to download the report.

pdf | 2685071