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Average leasing rates in the Greater Montreal Area for industrial and warehouse space have increased marginally in
the second half of last year, to $5.00 psf.
With increased vacancy due to the construction of design builds,landlords will continue to be even more aggressive with respect
to their asking rates in order to maintain tenants and discourage them from contemplating ownership.
Operating expenses have slightly increased throughout this year averaging $2.63 psf in the final quarter.
For more
information about design built or buying your own just call 514.839.0608
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