Figures
Quebec City Industrial Figures Q2 2026
The >26’ clear height category drives net absorption into negative territory
August 11, 2026 5 Minute Read
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- Availability rose by 27 basis points (bps) this quarter, reaching a record of 8.8% that built off the increase from Q1 2026.
- The vacancy rate increased for an eighth consecutive quarter, up 83 bps this quarter and 203 bps year-over-year to a new high of 8.0%.
- Net absorption remained negative at -63,305 sq. ft. and brings annual net absorption to -164,146 sq. ft.
- No speculative developments are under construction, which will limit competition to existing product.
- Properties in the > 26’ category are the main contributor to availability, reflecting a slowdown in demand for large-format logistics space.