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Montreal industrial tenants give back space as market faces uncertain times

Available sublet space continues to pile up as U.S.-Canada trade dispute drags on
131 Boulevard Montcalm Nord in Candiac, Quebec, is an example of a recently delivered large-bay warehouse, located on Montreal’s South Shore.  (CoStar)
131 Boulevard Montcalm Nord in Candiac, Quebec, is an example of a recently delivered large-bay warehouse, located on Montreal’s South Shore. (CoStar)
CoStar Analytics
August 4, 2025 | 5:40 P.M.

Montreal’s industrial market continued to weaken in the first half of 2025 reflected in the amount of available sublet space continued to increase to hit a record mount of 3.6 million square feet available for sublet as of the second quarter of 2025.

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