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Montreal’s modern logistics facilities command a premium

Trends over previous 12 months show intact robust pricing for newer facilities
This 109,500-square-foot facility, built in 2021 at 210-250 rue Jean-Coutu along Montreal’s South Shore, was sold by GWL Realty Advisors to Hitachi Energy Canada for $26.4 million, or around $241 per square foot. (CoStar)
This 109,500-square-foot facility, built in 2021 at 210-250 rue Jean-Coutu along Montreal’s South Shore, was sold by GWL Realty Advisors to Hitachi Energy Canada for $26.4 million, or around $241 per square foot. (CoStar)
CoStar Analytics
August 31, 2026 | 2:33 AM

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Since 2020, the inventory of Montreal’s logistics property sector has expanded by 12.5%, adding more than 33 million square feet of new space to the market in a move that's materially altered the composition of the region’s industrial stock.

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