
Montreal Q4 2023 Industrial Market Report (EN)
"Rental rates have stabilized, while vacancy hits new highs due to new construction deliveries."
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"Rental rates have stabilized, while vacancy hits new highs due to new construction deliveries."



"Les taux de location se sont stabilises, tandis que le taux d'inoccupation atteint de nouveaux sommets."
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"Vacancy increased 320 basis points (bps) from one year ago —with the largest year-over-year change reported in Southern NJ."
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"Vacancy continued to climb throughout 2023, up 460 basis points (bps) from Q4 2022."
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"Overall industrial vacancy rates have climbed to 7.7%, influenced by a substantial addition of 3.2 million square feet this quarter."
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"The overall vacancy rate has steadily risen over the past four quarters."
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"The vacancy rate jumped by 110 basis points (bps) from the previous quarter."
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"Government agency ARPA-H, under the National Institute of Health, has selected Cambridge's Kendall Square as one of its three locations in the country, which will aid companies with financial and advisory support."
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"The University of Maryland at Baltimore received a four-year $4 million dollar grant from the NIH to advance biomedical entrepreneurship and innovation in the region."
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"A grant program led by the Life Science Washington Institute and Washington State Department of Commerce awarded over 20 startups with $25,000 grants and prioritized women-led or economically disadvantaged startups."