Jie Ke & Hao Wu, both specializing in the sale and investment of multiple investment properties and industrial warehouses in Quebec, present the commercial market for the Quebec Province sector.
The industrial real estate market in Montreal is showing subtle changes but remains attractive to investors despite an increase in warehouse vacancy rates and a negative absorption rate for the first time since 2002. Investors are drawn to streamlined management, low costs, stable rents, and high yields. The growth of the digital economy is creating strong demand, especially for data centers. Recent transactions, acquisitions by major corporations, and urgent sales by small investors reflect economic pressure. In Kirkland, a notable transaction saw a warehouse sold at a higher price after just a few months. Favorable interest rates and strong banking support bolster the market, encouraging entrepreneurs to seize these opportunities.