Report | Intelligent Investment

Montreal Lab Market Report 2025

A balanced market amidst North America’s oversupply

July 20, 2026 9 Minute Read

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Montréal's Life Sciences market cooled in 2025 as tenants preserved capital, nudging vacancy to 4.47% while rents held firm. Montréal continues to stand out as a cost-effective alternative to major U.S. markets. The first half of 2026 is showing signs of movement with 88,279 sq. ft. of net absorption.