Montreal's industrial real estate market has faced dramatic shifts—from pandemic-driven rent spikes to today's cautious stability. In this episode of the Espace Publication Montreal Podcast, host Axel sits down with Jean-Marc Dube, Executive Vice President at Colliers, to unpack what's really happening in Quebec's industrial sector and where it's heading through 2026.
Jean-Marc shares how rents more than doubled in just a few years, why vacancy has stabilized around 4.5%, and how rising interest rates, tariffs, and global supply-chain disruptions are reshaping demand. He also explores why developers have hit pause on new projects—and how that could trigger a future supply crunch as the market rebounds.
🎙️ In this episode:
-
Montreal industrial rent trends—from ~$7 pre-2020 to mid-teens today
-
Vacancy stability: what 4.5% really means for landlords and occupiers
-
3PL subleases and the evolving logistics landscape
-
How interest rates and inventory financing impact operations
-
Global factors: tariffs, wars, and the ripple effect on Quebec's economy
-
The Class-A shift toward carbon-conscious, energy-efficient facilities
-
Why a construction slowdown could drive 2026-2027 rent growth
-
Practical insights for investors and occupiers navigating a VUCA market
If you're in commercial real estate, logistics, or development, this conversation delivers a grounded, data-driven look at the future of industrial real estate in Montreal and beyond.
Visit https://www.e5pace.com for more resources, market guides, data, and advertising opportunities.
Popular Podcasts
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com
Betrayal: Weekly
Betrayal Weekly is back for a brand new season. Every Thursday, Betrayal Weekly shares first-hand accounts of broken trust, shocking deceptions, and the trail of destruction they leave behind. Hosted by Andrea Gunning, this weekly ongoing series digs into real-life stories of betrayal and the aftermath. From stories of double lives to dark discoveries, these are cautionary tales and accounts of resilience against all odds. From the producers of the critically acclaimed Betrayal series, Betrayal Weekly drops new episodes every Thursday. Please join our Substack for additional exclusive content, curated book recommendations and community discussions. Sign up FREE by clicking this link Beyond Betrayal Substack. Join our community dedicated to truth, resilience and healing. Your voice matters! Be a part of our Betrayal journey on Substack. And make sure to check out Seasons 1-4 of Betrayal, along with Betrayal Weekly Season 1.