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Montreal's biotech property market loses momentum after years of growth

But signs of rebound begin to emerge, CBRE says
HarveyCorp has been converting former office buildings at 400, 420, 440 and 480 Armand-Frappier Blvd. in Laval into laboratory space for life science tenants. (CoStar)
HarveyCorp has been converting former office buildings at 400, 420, 440 and 480 Armand-Frappier Blvd. in Laval into laboratory space for life science tenants. (CoStar)
CoStar News
July 29, 2026 | 3:45 P.M.

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For years, Montreal's biotechnology industry appeared to have all the ingredients for a healthy run.

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