Why implement your industrial space in Montreal?

Montreal boasts a thriving industrial sector, making it an attractive destination for businesses seeking industrial space for lease. The city offers a diverse range of options to accommodate various industries, including warehouses, manufacturing facilities, distribution centers, and more.

With its strategic location and excellent transportation infrastructure, Montreal provides convenient access to major markets in Canada and the United States. Industrial spaces for lease in Montreal often feature modern amenities, spacious layouts, and flexible lease terms, allowing businesses to customize their operations to suit their specific needs. Whether you are a growing startup or an established enterprise, Montreal's industrial space market can offer suitable solutions to support your business growth and logistical requirements.

How much does it cost to rent industrial space in Montreal?

The cost of renting an industrial space in Montreal can vary depending on factors such as location, size, amenities, and specific requirements. The average rental rate for industrial space in Montreal ranged from $6 to $12 CAD per square foot per year, depending on the specific type of industrial facility and location.

To read: our Montreal MarketBeat Industrial report analyzes quarterly economic and commercial real estate activity including supply, demand and pricing trends at the market and submarket levels.

Are industrial space rents likely to increase in Montreal? 

The future trajectory of industrial space rents in Montreal is influenced by a variety of factors, including market conditions, supply and demand dynamics, economic trends, and government policies. While it's challenging to predict with certainty, there are several factors that suggest the potential for increasing industrial space rents in Montreal.

First, Montreal has experienced steady economic growth and has become an attractive location for businesses, including the industrial sector. As demand for industrial spaces continues to rise, particularly in prime locations or areas with strong transportation infrastructure, it could drive rental prices upward.

Additionally, Montreal's industrial real estate market has seen increased investment and development in recent years, resulting in a limited supply of available industrial spaces. With a limited supply and growing demand, there is a possibility that rental rates could increase.

Getting to and from Montreal

Montreal is a major city and transportation hub in Canada, with several options for getting to and from the city: 

• Air: Montreal is served by the Montreal-Pierre Elliott Trudeau International Airport, which is located about 20 kilometers (12 miles) from downtown. The airport offers flights to and from many destinations in Canada, the United States, and around the world. 
  
• Train: Montreal is connected to other major Canadian and US cities by train via VIA Rail Canada and Amtrak. The city's main train station is Gare Centrale, which is located downtown and offers connections to destinations throughout the region. 
  
• Bus: Several bus companies, including Greyhound and Megabus, offer service to and from Montreal, with connections to cities throughout Canada and the United States. 
  
• Car: Montreal is located at the intersection of several major highways, including the Trans-Canada Highway, making it easily accessible by car. However, traffic in and around the city can be congested, particularly during peak hours. 
  
• Public transportation: Once in Montreal, the city offers an extensive public transportation system, including buses and a subway system called the Metro, which makes it easy to get around the city without a car.