Strohminger joined CoStar as Director of Market Analytics in 2021, where he is responsible for real estate market analyses in Montréal and Ottawa-Gatineau. Before joining CoStar, Strohminger worked at Ivanhoé Cambridge as a Senior Economist and later...
Strohminger joined CoStar as Director of Market Analytics in 2021, where he is responsible for real estate market analyses in Montréal and Ottawa-Gatineau. Before joining CoStar, Strohminger worked at Ivanhoé Cambridge as a Senior Economist and later as an Investment Risk Manager. During this time, he worked on numerous real estate investment files spanning the main asset classes and major global markets. He also helped lead exploratory research into alternative real estate asset classes and emerging market cities.
Strohminger holds a BA in International Affairs from Northern Arizona University and an MS in Urban Policy and a MA in Economics from the New School for Social Research in New York.
While the U.S. remains the province of Quebec’s dominant trading partner, recent geopolitical tensions and evolving trade agreements are accelerating diversification efforts north of the border.
Retail property performance in Ottawa continues to diverge sharply by shopping centre type, reflecting how households are allocating spending amid the rising costs of goods and economic uncertainty.
Downtown Montreal’s office market is showing signs of stabilization, with the vacancy rate trending lower since early 2025. This is especially true in the Downtown South submarket, where several ...
During the 12 months between May 2025 and May 2026, sales of industrial buildings measuring 10,000 square feet or less accounted for more than 40% of all completed deals in Montreal.
Data from Statistics Canada shows that while the national unemployment rate remained steady at 6.8% over the 12 months from April 2025 to April 2026, there was wide dispersion in local performance.
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 ...
Montreal’s multifamily investors continue to target apartment buildings constructed before 1980, a segment with sheer numbers that dominate the market by accounting for roughly 75% of the city’s ...
Availability across downtown Montreal’s office market is beginning to decline in older buildings, a shift driven by tightening conditions in the newest segment of the market that has been most in ...
The trade of goods between Canada and the United States has slowed to its lowest level since the depths of the pandemic, as measured by truck crossings. For Canadian industrial real estate, this ...
Recent leasing trends underscore a clear structural shift in Montreal’s industrial market: leasing activity is increasingly being driven by smaller space users, even as demand for large-format ...
The rental premium commanded by new apartment construction in Montreal has narrowed meaningfully since its post-pandemic peak, reflecting a market that is rebalancing as supply pressures meet ...
Atlantic Canada has attracted enormous interprovincial migration in recent years, mainly due to the availability of more affordable housing as costs surged across much of the country. That shows ...
Finance and insurance firms have always been an important source of demand for office space, but in recent quarters their share of total office leasing activity has become even more pronounced.
Canada’s industrial leasing highs and lows in recent years include a spike in e-commerce-fueled distribution space demand in the pandemic, then softening with higher interest rates taking hold and ...
Montreal has added a wave of new apartment projects in recent years. Although this construction pipeline is starting to thin out, many areas of Greater Montreal have nonetheless seen their skyline ...
In recent years, the country experienced sluggish economic growth as the population surged, and trade ties to its historically closest partner, the United States, frayed. Demand for industrial and ...
Following a slow but steady recovery in 2025, office leasing in Montreal may face several stiff tests in the year ahead as leases for 26 large blocks of office space, totalling 1 million square feet, ...
In recent years, Canada’s productivity, or output per worker, has continued to slow, while the U.S. has been accelerating. This suggests that Canadian’s may be at risk of seeing their standard of ...