![](https://assets.foleon.com/eu-west-2/uploads-7e3kk3/47008/ay_logos_blackpng.b5e3faa697b2.png)
Here is
what is happening
in the industrial
market
INDUSTRIAL MARKET REPORT
GREATER MONTRÉAL
MID-YEAR 2021
$12.36
average gross rent per square foot Greater Montréal
2.5%
total availability rate Greater Montréal
1.4%
Total vacancy rate Greater Montréal
2.83
million square feet under constructions Greater Montréal
Prior to the pandemic, the Greater Montréal industrial market had always lagged behind other major markets in Canada. However, with the health crisis, the industrial sector experienced an unprecedented acceleration and Montréal is seeing a level of activity that could very well impact the market for years to come.