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Montreal logistics occupiers show clear preference for modern space

Leasing trends suggest recent activity is mostly market churn
Leasing data over the past few years shows that newer facilities, such as 137 boulevard Bellerose Ouest, a logistics facility built in 2025, are showing positive demand at the expense of older facilities. (CoStar)
Leasing data over the past few years shows that newer facilities, such as 137 boulevard Bellerose Ouest, a logistics facility built in 2025, are showing positive demand at the expense of older facilities. (CoStar)
CoStar Analytics
May 14, 2026 | 12:22 P.M.

Mirroring a trend seen in other markets and property types, logistics tenants in Montreal are increasingly gravitating toward newer facilities, a trend underscored by a sharp divergence in demand patterns by building vintage over the past few years.

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