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Owner users, small investors dominate sales of Montreal logistic properties

Institutional purchases could pick up when rent growth resumes
BMO Financial Group bought 4145 Boulevard Saint-Elzéar Ouest in Laval from Pure Industrial in October 2022 for $119.94 million, but institutional investors recently have curtailed investment in large Montreal logistics facilities after a wave of new supply slowed rent growth. (CoStar)
BMO Financial Group bought 4145 Boulevard Saint-Elzéar Ouest in Laval from Pure Industrial in October 2022 for $119.94 million, but institutional investors recently have curtailed investment in large Montreal logistics facilities after a wave of new supply slowed rent growth. (CoStar)
CoStar Analytics
July 16, 2026 | 2:39 P.M.

While institutional capital continues to target large-scale logistics facilities, the bulk of recent transactions has shifted toward smaller properties where building sales are dominated by owner-users and private investors.

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