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Where has all the product gone?

  • ​Historically, industrial users in Montréal have preferred to own their real estate instead of leasing. However, with real estate values at an all-time high, owner-occupiers are slowly being priced out of the industrial real estate market.
  • With only 5 million square feet currently available for sale, the future looks even more bleak for owner-occupiers. To put this into context, there was over 9 million square feet for sale just two years ago.​​

Source: JLL Research

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