Booklet gma industrial market dashboards q2 2013

2013 Q2

RECENT SALES

RECENT LEASE TRANSACTIONS

120,000 SF

101,800

49,546

46,783

35,000

31,364

215,090

204,734

132,665

111,247

95,137

94,111

Colliers International, 2013 Q2

8311, Elmslie Intria Items Inc.

q

New Supply (SF) 30,000

p

q

* change over previous quarter

Trend*

Total Vacant (SF) 15,648,406

Under Construction (SF) 232,740 180,000

7.6% q

p

15,608,315 q

Net Absorption4 (SF) -515,943 -26,169

2900, André La Senza Corporation

6445, Côte-de-Liesse SE CE Apparel Co. Ltd.

MAP OF MARKET MARKET CHARACTERISTICS MARKET SNAPSHOT

Indicators 2013 Q1 2013 Q2

18-MONTH TREND

52,740 p

Average Sale Price (PSF) $63.67 $64.19

Vacancy Rate1 4.5% 4.5% q

Proportion of Sublease3 6.2% 4.1% q

Availability Rate2 8.2%

8449074 Canada Inc.

8203, 8205, Ste Anne de Bellevue Weyco Group Inc.

1. Vacancy rate: The amount of vacant space divided by the building inventory base. Vacant space is

physically unoccupied, and it may or may not be available for lease or sublease. This is physical vacancy. It is

not determined by whether or not a tenant is paying rent on the space.

2. Availability rate: The amount of available space divided by the building inventory base. Available space is

space that is available for lease, sublease or for sale and may or may not be vacant.

3. Proportion of sublease: The ratio of available space for sublease over the total available space.

4. Net absorption: The net change in physically occupied space between the current measurement period

and the last measurement period. Net absorption can be either positive or negative. Preleasing activity is not

included in net absorption calculations because pre-leasing does not involve any change in occupancy.

5. Average Weighted Asking Rent: The average asking rent for all buildings in an industrial market or

submarket weighted by the total amount of available square footage in the building .

This document has been prepared by Colliers International (Quebec) Inc. for advertising and general information only. Colliers International (Quebec) Inc. makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy, and reliability. Any interested party should

undertake their own inquiries as to the accuracy of the information. Colliers International (Quebec) Inc. excludes unequivocally all inferred or implied terms conditions and warranties arising out of this document and excludes all liabilities for loss and damages arising there from. This publication is the copyrighted property of Colliers International (Quebec) Inc. and /or its

licensor(s) © 2013 . All rights reserved.

SALES TRANSACTION VOLUME

Average Weighted Asking Rent5 $5.34 $5.28

3695, Des Laurentides 8432147 Canada Inc.

10655, Henri Bourassa O 9212‑0815 Québec Inc.

2185, Francis Hughes

4041, Sarleton Fedex Express Canada Ltd.

2505, Halpern Kuehne & Nagel Ltd.

171, Marien Techfab inc.

2350, de la Province C2C Industrial Properties

3000, Trans Canadienne FPI Cominar

RECENT SALES TRANSACTIONS

• Population of over 3,824,200 which is approximately half the total population of the province of Québec • The GMA has the highest population in the province of Québec. • Second largest city in Canada • Its economy is mainly focused on service-based businesses, which employ 81% of the population • Concentration of high-tech businesses

0

10

20

30

40

50

60

70

80

90

100

$0

$50

$100

$150

$200

$250

$300

2012 Q1 2012 Q2 2012 Q3 2012 Q4 2013 Q1 2013 Q2

Millio

ns

Sales Transaction Volume ($) # of Sales Transactions

Industrial Market Dashboard

Greater Montreal Area

4.5%

$5.28

0.0

1.0

2.0

3.0

4.0

5.0

6.0

7.0

8.0

9.0

10.0

-1

-0.5

0

0.5

1

1.5

2

2012 Q1 2012 Q2 2012 Q3 2012 Q4 2013 Q1 2013 Q2

As

kin

g N

et

Re

nt

($)

/ V

ac

an

cy (

%)

Ab

so

rpti

on

(M

illio

ns

SF

)

Absorption Total Vacancy Rate Asking rent

2013 Q2

RECENT SALES


101,800 SF

27,000

22,879

20,000

13,466

5,000

204,734

24,318

6,818

5,427


tu

New Supply (SF) 0 tu

0Under Construction (SF) 0

0


Average Sale Price (PSF) $60.78 $57.32 q

Average Weighted Asking Rent5 $5.00 q

18-MONTH TREND

$4.86


Net Absorption4 (SF)

2,727,265

-260,921 -102,329 p

Total Vacant (SF) p2,624,936

5.6% 5.8% p


Availability Rate2 10.2% 10.5% p


Indicators 2013 Q1 2013 Q2 Trend*

Vacancy Rate1



165, Oneida Southern Graphic Systems

4, Hôtel-de-Ville Kenwood Moving and Storage Inc.

9511, Côte-de-Liesse SATI International Scientific Inc.


6, Hôtel-de-Ville Communications Test-Design Inc.

115, Manfred FM Transport Inc.

104, Gun 9278‑5443 Québec Inc.

This document has been prepared by Colliers International (Quebec) Inc. for advertising and general information only. Colliers International (Quebec) Inc. makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy, and reliability. Any interested party

should undertake their own inquiries as to the accuracy of the information. Colliers International (Quebec) Inc. excludes unequivocally all inferred or implied terms conditions and warranties arising out of this document and excludes all liabilities for loss and damages arising there from. This publication is the copyrighted property of Colliers International (Quebec) Inc.

and /or its licensor(s) © 2013 . All rights reserved.







4. Net absorption: The net change in physically occupied space between the current measurement period and

the last measurement period. Net absorption can be either positive or negative. Preleasing activity is not




2288, 2290, St François 9277‑0015 Quebec Inc.

114 E, Labrosse Industries Rbm Inc.

• The ever-growing West Island market is made up of a multitude of boroughs and cities such as Dorval, Pointe-Claire, and Dollard-des-Ormeaux, to name a few • Easy access to green spaces, free parking and great amenities • Close proximity to the Pierre Elliott Trudeau airport (P.E.T.), Laval and to the Ontario and U.S.A. borders • Access to Highways 20 and 40, 20 minutes to downtown, accessible public transit • Diversified economy, highly-educated bilingual work force • The dynamic West Island Economic Development Corporation provides the necessary support to big and small businesses


West Island

0

5

10

15

20

25

$0

$5

$10

$15

$20

$25

$30

$35

$40

$45

$50

2012 Q1 2012 Q2 2012 Q3 2012 Q4 2013 Q1 2013 Q2

Millio

ns


5.8%

$4.86

0.0

1.0

2.0

3.0

4.0

5.0

6.0

7.0

8.0

9.0

10.0

-0.4

-0.3

-0.2

-0.1

0

0.1

0.2

0.3

0.4

0.5

0.6

2012 Q1 2012 Q2 2012 Q3 2012 Q4 2013 Q1 2013 Q2

Askin

g N

et

Ren

t ($

) / V

acan

cy (

%)

Ab

so

rpti

on

(M

illio

ns S

F)


2013 Q2

RECENT SALES


--


$4.35 q

20.4% p

0 tu

tu

Total Vacant (SF) 540,654

Net Absorption4 (SF) -50,000

621,375 p

0

New Supply (SF) 0

Average Weighted Asking Rent5 $4.38




18-MONTH TREND

0 tu

q-80,721













Average Sale Price (PSF) --

Under Construction (SF)

Vacancy Rate1 9.4% 10.8% p



MAP OF SUBMARKET SUBMARKET CHARACTERISTICS SUBMARKET SNAPSHOT

Indicators 2013 Q1 2013 Q2 Trend*• The industrial hub, developed in the 60s, now includes over 70 companies • Baie-d'Urfé's industrial sector is delimited to the North by the Trans-Canada Highway (40) to the South by the Remembrance Highway (20), to the West by the Macdonald College campus in Sainte-Anne-de-Bellevue and to the East by the western limit of the City of Beaconsfield • It is also serviced by CN and CP railways which connect Montréal to Ontario and Western Canada • The northern part of the city between Highways 20 and 40 is an industrial park • Access to green spaces

Industrial Submarket Dashboard

Baie d'Urfé Ste-Anne-de-Bellevue

10.8%

$4.35

0.0

2.0

4.0

6.0

8.0

10.0

12.0

-150

-100

-50

0

50

100

150

2012 Q1 2012 Q2 2012 Q3 2012 Q4 2013 Q1 2013 Q2

Askin

g N

et

Ren

t ($

) / V

acan

cy (

%)

Ab

so

rpti

on

(T

ho

usan

ds S

F)


0

2

4

$0

$1

$2

$3

$4

$5

$6

$7

$8

$9

2012 Q1 2012 Q2 2012 Q3 2012 Q4 2013 Q1 2013 Q2

Millio

ns


2013 Q2

RECENT SALES




Average Sale Price (PSF) $86.20 --

18-MONTH TREND

$6.80 $6.16 q















Net Absorption4 (SF) -42,751 47,898 p

Total Vacant (SF) 86,673 38,775 q

p

0 tu

tu

Average Weighted Asking Rent5

00Under Construction (SF) tu

New Supply (SF) 0


Proportion of Sublease3 0.0% 0.0% tu

Availability Rate2 5.4% 7.5%


Indicators 2013 Q1 2013 Q2 Trend*• Is primarily a residential community, with a commercial core, and an industrial park straddling the Trans-Canada Highway (Autoroute 40) • Close to P.E.T. International airport • Minutes from the largest shipping port in Canada (Old Port of Montréal) • At the crossroads of Canada's major highways and only minutes to the U.S. interstate system • At the heart of the most active rail corridor in Canada • A major distribution centre for Eastern Canada


Kirkland

0.9%

$6.16

0.0

1.0

2.0

3.0

4.0

5.0

6.0

7.0

8.0

-50

-40

-30

-20

-10

0

10

20

30

40

50

60

2012 Q1 2012 Q2 2012 Q3 2012 Q4 2013 Q1 2013 Q2

Askin

g N

et

Ren

t ($

) / V

acan

cy (

%)

Ab

so

rpti

on

(T

ho

usan

ds S

F)


0

2

4

$0

$2

$4

$6

$8

$10

$12

$14

$16

2012 Q1 2012 Q2 2012 Q3 2012 Q4 2013 Q1 2013 Q2

Millio

ns


2013 Q2

RECENT SALES


22,879 SF

20,000

3,765

204,734

24,318

5,427


165, Oneida Southern Graphic Systems

135, Labrosse GT Globe

tu


115, Manfred


tu


0 tu

New Supply (SF) 0

FM Transport Inc.

0



Average Weighted Asking Rent5 $5.10 $5.20 p

18-MONTH TREND

Under Construction (SF) 0

1,250,860 p

Net Absorption4 (SF) -88,261 -3,718 p


Proportion of Sublease3 0.0% 0.0%


















104, Gun 9278‑5443 Québec Inc.

114 E, Labrosse Industries Rbm Inc.


• Strategically located and well served by a modern transportation network, such as the AMT bus service and the CP rail service • Pointe-Claire has been able to maintain its local identity while adapting to the demands of an urban contemporary lifestyle • In 2011, Pointe-Claire celebrated 100 years as a Municipal corporation under the name of the City of Pointe-Claire • The city has shopping centers, yacht clubs, swimming teams and much more to offer

0

1

2

3

4

$0

$5

$10

$15

$20

$25

2012 Q1 2012 Q2 2012 Q3 2012 Q4 2013 Q1 2013 Q2

Milli

on

s



Pointe-Claire

6.4%

$5.20

0.0

1.0

2.0

3.0

4.0

5.0

6.0

7.0

-200

-150

-100

-50

0

50

100

150

200

250

2012 Q1 2012 Q2 2012 Q3 2012 Q4 2013 Q1 2013 Q2

Askin

g N

et

Ren

t ($

) / V

acan

cy (

%)

Ab

so

rpti

ion

(T

ho

usan

ds S

F)


2013 Q2


27,000 SF

13,466


$5.25 $5.08

tu

q

-- --

4, Hôtel-de-Ville Kenwood Moving and Storage Inc.

0















6, Hôtel-de-Ville Communications Test-Design Inc.

New Supply (SF) 0 0

q

Average Sale Price (PSF)


6,998

137,966

18-MONTH TREND



0

Total Vacant (SF)

17,434

q130,968

tu



tu



q

tu

6.5%


Indicators 2013 Q1 2013 Q2 Trend*• Sources and Saint-Jean boulevards are its main commercial arteries • The civic centre houses skating rinks, indoor pools, an amphitheatre and much more • The city's urban planning department is at the service of developers who are interested in establishing a business in the city


Dollard-des-Ormeaux

5.0%

$5.08

0.0

2.0

4.0

6.0

8.0

10.0

12.0

14.0

16.0

0

20

40

60

80

100

120

140

160

180

2012 Q1 2012 Q2 2012 Q3 2012 Q4 2013 Q1 2013 Q2

Askin

g N

et

Ren

t ($

) / V

acan

cy (

%)

Ab

so

rpti

on

(T

ho

usan

ds S

F)


2013 Q2

RECENT SALES


101,800 SF

5,000

5,000

4,866

4,500

6,818


2288, 2290, St François 9277‑0015 Quebec Inc.

Total Vacant (SF) 612,501 685,287 p

Net Absorption4 (SF) -97,343 -72,786 p

Proportion of Sublease3 0.0% 0.6% p






18-MONTH TREND



9511, Côte-de-Liesse SATI International Scientific Inc.

9715, Côte-de-Liesse

0 0 tu

Average Sale Price (PSF) $48.77 $99.74 p













New Supply (SF) 0 0 tu

q

Société de Dist. de Vêtements Canada

RECENT SALES TRANSACTION

728, Renaud

p

Availability Rate2 7.1% 6.4% q



Vacancy Rate1 4.1% 4.6%

Les Textiles Letourneau (1998) Inc.

9675, Côte-de-Liesse Dicom Express Inc.

• Bordering on Saint-Louis Lake, Pointe-Claire, Dollard-des-Ormeaux, Saint-Laurent and Lachine • Dorval enjoys a diversified economy as evidenced by its various types of commercial and industrial establishments • The dominant feature of the City remains the Pierre-Elliott-Trudeau International Airport, which gives Dorval a definite edge in terms of economic development • The city has become, over the years, the meeting place of more than 25,000 people who come daily to work for the many firms located in its strategically located industrial parks • Dorval meets the needs and expectations of its residents with a complete range fo services and activities as well as an outstanding quality of life which make it a great place to live and work

0

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

$0

$5

$10

$15

$20

$25

$30

$35

2012 Q1 2012 Q2 2012 Q3 2012 Q4 2013 Q1 2013 Q2

Milli

on

s



Dorval

4.6%

$4.79

0.0

1.0

2.0

3.0

4.0

5.0

6.0

7.0

-150

-100

-50

0

50

100

150

200

250

300

350

2012 Q1 2012 Q2 2012 Q3 2012 Q4 2013 Q1 2013 Q2

Askin

g N

et

Ren

t ($

) / V

acan

cy (

%)

Ab

so

rpti

on

(T

ho

usan

ds S

F)


2013 Q2

RECENT SALES


11,068 SF

3,610

6,116




0 tu



tu

Average Weighted Asking Rent5 $4.47 $4.37 q

42,128

$112.82

1,696,322 p

-16,076 q





Gestion D'Actifs Abraxas Inc.

0



2320, 23e Avenue




SALES TRANSACTION VOLUME 18-MONTH TREND

1944, Onésime-Gagnon TNT Express (Canada) Ltd.

1120, Claire Crescent Silvana Import













Indicators 2013 Q1 2013 Q2 Trend*• Just off of Highway 20 with bus and commuter train services • Land used for industrial activities occupies nearly 50% of the total size of the borough • The industrial sector is divided into three distinct zones: eastern industrial zone, Norman Street industrial zone and northern industrial zone • Lachine is also known for its abundant parks, bicycle paths, water access (Lachine Canal), its rich cultural History (presence of numerous 19th century working class homes) as well as many museums and unique works of art

0

0.5

1

1.5

2

2.5

3

3.5

4

4.5

$0

$2

$4

$6

$8

$10

$12

2012 Q1 2012 Q2 2012 Q3 2012 Q4 2013 Q1 2013 Q2

Milli

on

s



Lachine

8.3%

$4.37

0.0

1.0

2.0

3.0

4.0

5.0

6.0

7.0

8.0

9.0

10.0

-120

-100

-80

-60

-40

-20

0

20

40

60

80

2012 Q1 2012 Q2 2012 Q3 2012 Q4 2013 Q1 2013 Q2

Askin

g N

et

Ren

t ($

) / V

acan

cy (

%)

Ab

so

rpti

on

(T

ho

usan

ds S

F)


2013 Q2

RECENT SALES


49,546 SF

46,783

35,000

29,397

26,927

20,488

111,247

57,254

36,351

9,249

7,462

2,623


6.5%

Under Construction (SF) 0 0 tu

Net Absorption4 (SF) -208,343 -353,901 q

q









5.9% qAvailability Rate2





Indicators 2013 Q1 2013 Q2


6445, Côte-de-Liesse SE CE Apparel Co. Ltd.

4041, Sarleton Fedex Express Canada Ltd.

2505, Halpern

Trend*

2,802,656 p

Kuehne & Nagel Ltd.

155, Montée-de-Liesse IEC Holden Inc.

720, Deslauriers

10655, Henri Bourassa O 9212‑0815 Québec Inc.

AK-PAK

6520-6620, Abrams G.B. Micro Electronics Inc.

8800, Henri Bourassa O 4249844 Canada Inc.

4900, Bourg 8491593 Canada Inc.












4028-4030, Bois-Franc Isi Controls Inc.

9470, Henri Bourassa O Gestion Chengdu Inc.

3810330 Canada Inc. 3245, Pitfield

• A community that continues to thrive, Saint-Laurent today encompasses the largest industrial hub in Québec and is renowned for its aeronautic, life sciences and informational technologies industrial clusters • Among the communities' numerous advantages are its ideal geographic location and major highway network, complemented by two Métro (subway) stations and three train stations, the latter serving the Montréal—Deux-Montagnes commuter line giving easy access to downtown • There are approximately 19.9 million square feet of industrial land to be developed located in the Technoparc and industrial areas

0

1

2

3

4

5

6

7

8

9

10

11

12

13

$0

$10

$20

$30

$40

$50

$60

2012 Q1 2012 Q2 2012 Q3 2012 Q4 2013 Q1 2013 Q2

Millio

ns



Saint-Laurent

3.9%

$5.55

0.0

1.0

2.0

3.0

4.0

5.0

6.0

7.0

-0.4

-0.3

-0.2

-0.1

0

0.1

0.2

0.3

0.4

0.5

2012 Q1 2012 Q2 2012 Q3 2012 Q4 2013 Q1 2013 Q2

Askin

g N

et

Ren

t ($

) / V

acan

cy (

%)

Ab

so

rpti

on

(M

illio

ns S

F)

Absorption Total Availability Rate Asking rent

2013 Q2


29,123 SF

24,294

22,084

17,421

14,935

10,900

94,111

59,560

42,931

37,460

32,492

28,238




18-MONTH TREND

$5.61


p

$5.31 q

Under Construction (SF) 0 tu




q4.6%



8644, Pie-IX Memtronik Innovations Inc.

0



170,320

2,647,329


q

Net Absorption4 (SF) -95,525 p

9494, St-Laurent Creations GSL

Inv. 8480 Jeanne Mance Ltée

4850, St Ambroise Immeubles Ambroise Rémi Inc.

1315, Mazurette I.C.E. Wire Line Equipment

5494, Notre-Dame E. Vente Cl Deal
















333, Chabanel Batah & Co.

433, Chabanel Chapter One

8203, 8205, Ste Anne de Bellevue Weyco Group Inc.

8320 à 8330, Décarie 7929536 Canada Inc.

1806, 1808, 1810, William S.E.C. 1808 William

9355, Henri Bourassa E Immeubles Pal‑Lap Inc.

8480, Jeanne Mance

• Future home to the McGill University Health Center, "Super Hospital", to open its doors in 2014 • Contains one of the most sought-after resdential neighbourhoods, Notre-Dame-De-Grâce (NDG) • Numerous educational facilities, including one of Concordia University's campuses and several private high schools • Good connections to public transit, train, métro and bus lines

0

2

4

6

8

10

12

14

16

18

20

$0

$10

$20

$30

$40

$50

$60

2012 Q1 2012 Q2 2012 Q3 2012 Q4 2013 Q1 2013 Q2

Milli

on

s



Midtown

3.8%

$5.31

0.0

1.0

2.0

3.0

4.0

5.0

6.0

-0.6

-0.5

-0.4

-0.3

-0.2

-0.1

0

0.1

0.2

0.3

2012 Q1 2012 Q2 2012 Q3 2012 Q4 2013 Q1 2013 Q2

Askin

g N

et

Ren

t ($

) / V

acan

cy (

%)

Ab

so

rpti

on

(M

illio

ns S

F)


2013 Q2

15,996 SF

2,382


2245, 2245A, Léger 9179‑9262 Quebec Inc.

New Supply (SF) 0 0

tu


$4.59 p

tu

Under Construction (SF) 0 0

q

3.3%


















p


p

9685, Clément F. Deshaies & 2857‑8276 Québec Inc.

Total Vacant (SF) 430,527 347,388

Net Absorption4 (SF) -29,625 83,139



q


Availability Rate2 4.0% q

Vacancy Rate1 2.9% 2.4%

• An industrial sector located five minutes away from downtown Montréal • One of the main commercial centres on the island of Montréal • A dynamic business community with advantageous taxation • Good public transportation of bus and métro service • Easy access to highways 20, 15 and the Mercier and Champlain bridges

0

1

2

3

$0

$2

$4

$6

$8

$10

$12

$14

$16

$18

2012 Q1 2012 Q2 2012 Q3 2012 Q4 2013 Q1 2013 Q2

Millio

ns



LaSalle

2.4%

$4.59

0.0

0.5

1.0

1.5

2.0

2.5

3.0

3.5

4.0

4.5

5.0

-100

-80

-60

-40

-20

0

20

40

60

80

100

120

2012 Q1 2012 Q2 2012 Q3 2012 Q4 2013 Q1 2013 Q2

Askin

g N

et

Ren

t ($

) / V

acan

cy (

%)

Ab

so

rpti

on

(T

ho

usa

nd

s S

F)


2013 Q2


9,802 SF

5,978

5,179

2,177

32,492














0 tu



8577, Dalton


Kio Trend

8411, Dalton





18-MONTH TREND

q


Commerce Palettes inc.

8255, Mountain Sights



-46,234 106,046 p







419,418

Schindler Elevator Corp.

8466, Darnley CD Echangeurs de Chaleur

8320 à 8330, Décarie 7929536 Canada Inc.

• Strategically located in the centre of the island of Montreal, Town of Mount Royal has access to major Highways (15, 40). • Minutes from downtown • Easy access to buses and metro stations and commuter train to downtown Montréal • Large numbers of amenities, including a shopping center, professional services and educational institutions • The heart of a major network of bilingual resources • Lots of green space and activities

0

1

2

3

4

$0

$2

$4

$6

$8

$10

$12

$14

$16

2012 Q1 2012 Q2 2012 Q3 2012 Q4 2013 Q1 2013 Q2

Millio

ns



Town of Mount Royal

2.9%

$4.90

0.0

1.0

2.0

3.0

4.0

5.0

6.0

7.0

-150

-100

-50

0

50

100

150

2012 Q1 2012 Q2 2012 Q3 2012 Q4 2013 Q1 2013 Q2

Askin

g N

et

Ren

t ($

) / V

acan

cy (

%)

Ab

so

rpti

on

(T

ho

usa

nd

s S

F)


2013 Q2


29,123 SF

24,294

22,084

17,421

14,935

10,900

10,500

94,111

59,560

42,931

37,460

28,238

19,976


Weyco Group Inc.












8644, Pie-IX Memtronik Innovations Inc.

1315, Mazurette I.C.E. Wire Line Equipment

5494, Notre-Dame E. Vente Cl Deal

333, Chabanel Batah & Co.

Inv. 8480 Jeanne Mance Ltée

4850, St Ambroise Immeubles Ambroise Rémi Inc.




9494, St-Laurent Creations GSL


8203, 8205, Ste Anne de Bellevue

433, Chabanel Chapter One

9494, St-Laurent Pressage Time

1806, 1808, 1810, William S.E.C. 1808 William

3760, Crémazie E 9261‑5525 Québec Inc.

9355, Henri Bourassa E Immeubles Pal‑Lap Inc.

8480, Jeanne Mance

tu




18-MONTH TREND



New Supply (SF) 0 0

1,880,523



5.3% q



p


0

-18,865 p

Under Construction (SF) 0 tu


• The Montreal West End is made up of boroughs such as Côte Saint-Luc, Hampstead, Côte-des-Neiges, Outremont to name a few • Outremont is an upscale neighbourhood containing large brick homes, fancy shops and a smattering of public buildings • Côte Saint-Luc is the third largerst municipality on the island of Montréal • Public transportation includes trains, bus and metro stations • Lots of parks and green space in all of the boroughs


Montréal - Centre West

4.6%

$6.43

0.0

1.0

2.0

3.0

4.0

5.0

6.0

7.0

-600

-500

-400

-300

-200

-100

0

100

200

300

2012 Q1 2012 Q2 2012 Q3 2012 Q4 2013 Q1 2013 Q2

Askin

g N

et

Ren

t ($

) / V

acan

cy (

%)

Ab

so

rpti

on

(T

ho

usan

ds S

F)


0

2

4

6

8

10

12

14

16

18

$0

$10

$20

$30

$40

$50

$60

2012 Q1 2012 Q2 2012 Q3 2012 Q4 2013 Q1 2013 Q2

Millio

ns


2013 Q2

RECENT SALES


30,000 SF

5,000

4,460

4,139

3,971

3,450

132,665

95,137

72,848

70,261

63,697

42,880




18-MONTH TREND


p

p


$5.37

1620, Dagenais O Les Entreprises Reflet D.B.M. Inc.

3055, Joseph-A.-Bombardier A.G. International inc.

875, Michèle-Bohec

2972, Joseph-A.-Bombardier Global EMC inc.

3406, Industriel

1,672,399


-129,977

1,855,116



p11.9%



2205, Industriel

p

Net Absorption4 (SF) -41,376 q

4141, aut. Laval Lallier Automobile (Montréal) Inc

Under Construction (SF) 232,740 q

New Supply (SF) 0 52,740 p

180,000

Total Vacant (SF)

9252‑5112 Québec Inc.

Gelair Inc.

9282-5662 Québec Inc.
















2851, Le Corbusier Lemmer (Québec) Inc.

910, Bergar Aero Chem inc.

3695, Des Laurentides 8432147 Canada Inc.

1875-1905, Lionel-Bertrand 9255-3452 Québec Inc.

2185, Francis Hughes 8449074 Canada Inc.

• Includes areas such as Blainville, Boisbriand, Sainte-Thérèse, Rosemère and Laval • Boisbriand is home to 8 industrial parks and nearly 400 businesses which employ over 6,000 people • Industries present on the North Shore include agri-food, high tech, automotive, plastics and construction • New highway (25) built to link Montréal and Laval • Home to the Laval Technopole International Business Centre, Laval has a diverse economy and has been one of the strongest economies in Québec, with investments totaling over 1 billion dollars for the past 6 years • Has a large industrial business park

0

5

10

15

20

25

30

$0

$10

$20

$30

$40

$50

$60

2012 Q1 2012 Q2 2012 Q3 2012 Q4 2013 Q1 2013 Q2

Milli

on

s



North Area

5.4%

$5.37

0.0

1.0

2.0

3.0

4.0

5.0

6.0

-200

-100

0

100

200

300

400

2013 Q1 2012 Q2 2012 Q3 2012 Q4 2013 Q1 2013 Q2

Askin

g N

et

Ren

t ($

) / V

acan

cy (

%)

Ab

so

rpti

on

(T

ho

usa

nd

s S

F)


2013 Q2


30,000 SF

5,000

4,460

4,139

3,971

3,450

132,665

95,137

72,848

42,880

42,490

24,473















180,000 q


Les Entreprises Reflet D.B.M. Inc.

290, Guthrie

3055, Joseph-A.-Bombardier A.G. International inc.

2972, Joseph-A.-Bombardier

$83.06 p

Lallier Automobile (Montréal) Inc

Under Construction (SF) 232,740

$5.29 $5.76

4141, aut. Laval


12.2% p

Average Sale Price (PSF) $53.21

18-MONTH TREND

p

Net Absorption4 (SF) -20,565 -187,031 q










1,416,339 p

2205, Industriel 9252‑5112 Québec Inc.

8432147 Canada Inc.

2185, Francis Hughes 8449074 Canada Inc.

2005, le Chatelier Kolostat Inc.

1620, Dagenais O

Summit Ii Reit

910, Bergar


3695, Des Laurentides

Aero Chem inc.

Global EMC inc.

3406, Industriel Gelair Inc.

2851, Le Corbusier Lemmer (Québec) Inc.

• Easy access to Montréal with the new metro extension into Laval • New highway (25) built to link Montréal and Laval • Université de Montréal has expanded into Laval in the Cité de Savoir • Home to the Laval Technopole International Business Centre, Laval has a diverse economy and has been one of the strongest economies in Québec, with investments totaling over 1 billion dollars for the past 6 years • Has a large industrial business park

0

5

10

15

20

25

$0

$5

$10

$15

$20

$25

$30

$35

$40

2012 Q1 2012 Q2 2012 Q3 2012 Q4 2013 Q1 2013 Q2

Milli

on

s



Laval

5.9%

$5.76

0.0

1.0

2.0

3.0

4.0

5.0

6.0

7.0

-300

-200

-100

0

100

200

300

2012 Q1 2012 Q2 2012 Q3 2012 Q4 2013 Q1 2013 Q2

Askin

g N

et

Ren

t ($

) / V

acacn

y (

%)

Ab

so

rpti

on

(T

ho

usan

ds S

F)


2013 Q2

RECENT SALES


3,014 SF

2,246

1,412

70,261

63,697

39,224

20,594

19,770

12,358


349, Marion Gestion Georges Coiteux Inc.


1038, Viger Le Groupe Chayer Inc.

1875-1905, Lionel-Bertrand 9255-3452 Québec Inc.

25, John-F.-Kennedy 2967-6855 Québec Inc.

Total Vacant (SF)

tu

611, Iberville Entrepôt du maillot

New Supply (SF) 0 0

613, Iberville R.G.G. Inc.

75, Laroche Infosorties.ca

$5.29 $4.98 q

18-MONTH TREND



















438,777 q

Net Absorption4 (SF) -20,811 57,054 p

495,381

0 tu

tu


875, Michèle-Bohec 9282-5662 Québec Inc.

9235-1543 Québec Inc.135, Simon



q




• Includes areas such as Blainville, Boisbriand, Sainte-Thérèse and Rosemère •Boisbriand is home to 8 industrial parks and nearly 400 businesses which employ over 6,000 people • Industries present on the North Shore include agri-food, high tech, automotive, plastics and construction


North Shore

4.2%

$4.98

0.0

1.0

2.0

3.0

4.0

5.0

6.0

7.0

8.0

-0.04

-0.02

0

0.02

0.04

0.06

0.08

0.1

0.12

2012 Q1 2012 Q2 2012 Q3 2012 Q4 2013 Q1 2013 Q2

Askin

g N

et

Ren

t ($

) / V

acan

cy (

%)

Ab

so

rpti

on

(M

illi

on

s S

F)


0

1

2

3

4

5

6

7

8

9

10

$0

$2

$4

$6

$8

$10

$12

$14

$16

$18

2012 Q1 2012 Q2 2012 Q3 2012 Q4 2013 Q1 2013 Q2

Millio

ns


2013 Q2


31,364 SF

31,197

5,921

34,538

15,210

5,367

5,306


Techfab inc.

8525, Ernest-Cormier Numage

171, Marien

6777, Place Pascal-Gagnon Maçonnerie André Desfossés













6540, Bombardier


$50.48

18-MONTH TREND






100,000 p


q


9.2%

q

2,884,588 q

Net Absorption4 (SF) -70,832 p287,413

q

5.5% 5.0% q






Indicators 2013 Q1

Vacancy Rate1

3897788 Canada Inc.

390, Laurendeau Lo Cube Inc.

2013 Q2 Trend*

8600, Jarry E 9278‑0063 Québec Inc.

8020, 8050, Métropolitain E Gestion Ajc Lanoue Inc.

• Development of an East Island Greenbelt due to presence of mature forests along Highway 40 • Proximity to Québec City and its many tourist attractions • New residential developments in areas such as Pointe-aux-Prairies and Pointe-aux-Trembles

0

1

2

3

4

5

6

7

8

9

10

11

$0

$2

$4

$6

$8

$10

$12

$14

$16

$18

2012 Q1 2012 Q2 2012 Q3 2012 Q4 2013 Q1 2013 Q2

Millio

ns



East End

5.0%

$4.11

0.0

1.0

2.0

3.0

4.0

5.0

6.0

7.0

-0.1

-0.05

0

0.05

0.1

0.15

0.2

0.25

0.3

0.35

0.4

2012 Q1 2012 Q2 2012 Q3 2012 Q4 2013 Q1 2013 Q2A

skin

g N

et

Ren

t ($

) / V

acan

cy (

%)

Ab

so

rpti

on

(M

illi

on

s S

F)


2013 Q2

5,367 SF


18-MONTH TREND


80,295 pNet Absorption4 (SF) 34,176

0 tu

New Supply (SF)

0

0 0 tu


$37.26


$4.51

q

p



Proportion of Sublease3 3.5%

q

3.9% p





657,771 q






6540, Bombardier 3897788 Canada Inc.












• Located in the East of the island along Highway 40 • Saint-Léonard is economically attractive to companies and investors because of its geographical location, making it a highly strategic road transportation hub • Saint-Léonard also has many parks and green spaces for playing and relaxing

0

1

2

3

4

$0

$1

$2

$3

$4

$5

$6

$7

$8

$9

2012 Q1 2012 Q2 2012 Q3 2012 Q4 2013 Q1 2013 Q2

Millio

ns



Saint-Léonard

4.5%

$4.51

0.0

1.0

2.0

3.0

4.0

5.0

6.0

7.0

8.0

-150

-100

-50

0

50

100

150

200

2012 Q1 2012 Q2 2012 Q3 2012 Q4 2013 Q1 2013 Q2

Askin

g N

et

Ren

t ($

) / V

acan

cy (

%)

Ab

so

rpti

on

(T

ho

usan

ds S

F)


2013 Q2

RECENT LEASE TRANSACTION

31,197 SF

34,538

15,210


18-MONTH TREND



Average Sale Price (PSF) -- $55.28 tu


0 tu



-23,291 p

2013 Q2 Trend*

0.0%






8020, 8050, Métropolitain E Gestion Ajc Lanoue Inc.


Indicators 2013 Q1


5.9% p

tu














8525, Ernest-Cormier Numage

8600, Jarry E 9278‑0063 Québec Inc.


0

p

• The borough is located in the eastern end of the island and is traversed by Highways 40 (Metropolitan) and 25 (Louis-Hippolyte-Lafontaine) • Anjou contains the large Les Galeries d'Anjou shopping mall • 30 minutes to Downtown or to the P.E.T. International airport

0

1

2

3

$0

$1

$1

$2

$2

$3

$3

2012 Q1 2012 Q2 2012 Q3 2012 Q4 2013 Q1 2013 Q2

Millio

ns



Anjou

3.5%

$4.21

0.0

0.5

1.0

1.5

2.0

2.5

3.0

3.5

4.0

4.5

5.0

-100

-50

0

50

100

150

200

250

2012 Q1 2012 Q2 2012 Q3 2012 Q4 2013 Q1 2013 Q2

Askin

g N

et

Ren

t ($

) / V

acan

cy (

%)

Ab

so

rpti

on

(T

ho

usa

nd

s S

F)


2013 Q2


31,364 SF

5,921

5,306


0 p


100,000


q

-72,279 230,409 p


Average Sale Price (PSF) $51.29 -- tu


18-MONTH TREND



Proportion of Sublease3

p12.4%Availability Rate2 9.7%

11.8% 0.7% q






1,519,333



6777, Place Pascal-Gagnon

$4.73 $3.61 q













171, Marien Techfab inc.

390, Laurendeau Lo Cube Inc.

Maçonnerie André Desfossés

• Includes places of interest such as the Biodôme, Botanical Gardens and Olympic Stadium to name a few • Also known for its oil refineries where Shell converts its Montréal-East refinery to a fuels terminal for North America and the large Lafarge limestone quarry

0

1

2

3

4

5

6

7

$0

$2

$4

$6

$8

$10

$12

2012 Q1 2012 Q2 2012 Q3 2012 Q4 2013 Q1 2013 Q2

Millio

ns



Montreal-East

6.6%

$3.61

0.0

1.0

2.0

3.0

4.0

5.0

6.0

7.0

8.0

9.0

-150

-100

-50

0

50

100

150

200

250

300

350

2012 Q1 2012 Q2 2012 Q3 2012 Q4 2013 Q1 2013 Q2

Askin

g N

et

Ren

t ($

) / V

acan

cy (

%)

Ab

so

rpti

on

(T

ho

usan

ds S

F)


2013 Q2


23,497 SF

23,447

16,160

15,000

7,592

7,500

215,090

51,748

32,714

11,442

10,430

4,468





18-MONTH TREND


p

New Supply (SF) 30,000 0 q

0Under Construction (SF) 0

Total Vacant (SF) 1,105,131 q894,250

tu

Proportion of Sublease3 0.0% 1.2% p

3.1% qAvailability Rate2 4.8%

9282‑9811 Québec Inc.



Net Absorption4 (SF) 118,926 210,881 p


3400, Losch Inter-Porte















1490, de Coulomb Les Immeubles SRMB Inc.

3705, Jade (Place), Locaux 120-130 Le Grenier D'Art

2150, de la Province


9174‑0902 Quebec Inc.


2475, de la Province Joy Struzer

1360, Newton

3400, Losch JAS Filtration

9, Place du Commerce

3650, Matte Cedarome Canada inc.

4005D, Matte Automatic Systems America Inc.

85, Joseph-A.-Bombardier LVM inc.

Héma-Québec

• Cities include Longueuil (the largest on the South Shore), Brossard and Châteauguay • Located on the Southern Shore of the St.Lawrence river • Home to Quartier DIX30, a new shopping and living district • Home also to the training facility for the Montréal Canadiens, Montréal's National Hockey League Team

0

5

10

15

20

25

30

35

$0

$20

$40

$60

$80

$100

$120

$140

2012 Q1 2012 Q2 2012 Q3 2012 Q4 2013 Q1 2013 Q2

Millio

ns



South Shore

1.9%

$5.48

0.0

1.0

2.0

3.0

4.0

5.0

6.0

0

50

100

150

200

250

300

350

400

2012 Q1 2012 Q2 2012 Q3 2012 Q4 2013 Q1 2013 Q2

Askin

g N

et

Ren

t ($

) / V

acan

cy (

%)

Ab

so

rpti

on

(T

ho

usa

nd

s S

F)


2013 Q2

RECENT SALES


23,497 SF

23,447

7,592

6,100

1,951

10,430


q



New Supply (SF) 30,000

tu

Average Weighted Asking Rent5 $6.50 $6.50 tu

$85.33

0

0 tu

18-MONTH TREND




Net Absorption4 (SF) 22,993

2013 Q2 Trend*

tu



4.4% q

Héma-Québec

4105A, Matte Saputo Boulangerie Inc.

4005, Matte Electronic Products Recycling


Indicators 2013 Q1

This document has been prepared by Colliers International (Quebec) Inc. for advertising and general information only. Colliers International (Quebec) Inc. makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy, and reliability. Any interested party should

undertake their own inquiries as to the accuracy of the information. Colliers International (Quebec) Inc. excludes unequivocally all inferred or implied terms conditions and warranties arising out of this document and excludes all liabilities for loss and damages arising there from. This publication is the copyrighted property of Colliers International (Quebec) Inc. and /or its

licensor(s) © 2013 . All rights reserved.

3650, Matte Cedarome Canada inc.

4005D, Matte Automatic Systems America Inc.

3705, Jade (Place), Locaux 120-130 Le Grenier D'Art








4. Net absorption: The net change in physically occupied space between the current measurement period

and the last measurement period. Net absorption can be either positive or negative. Preleasing activity is not




9, Place du Commerce

7,376 q

Total Vacant (SF) 98,877 q91,501

• Brossard is the commercial hub of the South Shore, most businesses located along Taschereau boulevard • Large shopping centre such as Champlain Mall, Place Portobello and the lifestyle centre Quartier DIX30 • Brossard is the most ethnically diverse municipality in Québec • Many parks are scattered throughout the city connecting to other areas of the city by about 37 km of biking paths • Brossard is serviced by highways 10, 15, 20, 132 and 134 • Situated minutes from downtown Montréal.

0

1

2

3

4

5

6

$0

$1

$1

$2

$2

$3

2012 Q1 2012 Q2 2012 Q3 2012 Q4 2013 Q1 2013 Q2

Millio

ns



Brossard

2.7%

$6.50

0.0

1.0

2.0

3.0

4.0

5.0

6.0

7.0

-60

-40

-20

0

20

40

60

2012 Q1 2012 Q2 2012 Q3 2012 Q4 2013 Q1 2013 Q2

As

kin

g N

et

Re

nt

($)

/ V

ac

an

cy (

%)

Ab

so

rpti

on

(T

ho

usan

ds S

F)


2013 Q2

RECENT SALES


15,000 SF

7,500

2,400

2,400

2,400

2,000


0 tu


tu

tu

New Supply (SF) 0


Average Weighted Asking Rent5 $5.00 $5.00 tu




Average Sale Price (PSF) $63.66 -- tu

18-MONTH TREND

0

9,900 2,894









19,000 q

q

1.2% q












3400, Losch JAS Filtration

3400, Losch Inter-Porte

4500, Kimber Consul-Elect

4500, Kimber Ko-Nik

4500, Kimber Garage Victor Simard

4405, Thibault Usispec Inc.

• Saint-Hubert is the borough of Longueuil which has a wide array of commercial, industrial and agricultural enterprises • The aerospace industry is arguably the most important of these industry sectors • Pratt & Whitney Canada designs and manufactures jet engines at the plant near Saint-Hubert airport • The Canadian Space Agency has its head office in the borough • The École nationale d'aérotechnique, a school that teaches aeronautics is located in the borough • Access to Highway 10 and the Champlain bridge

0

1

2

3

4

5

$0

$2

$4

$6

$8

$10

$12

2012 Q1 2012 Q2 2012 Q3 2012 Q4 2013 Q1 2013 Q2

Millio

ns



Saint-Hubert

0.1%

$5.00

0.0

1.0

2.0

3.0

4.0

5.0

6.0

7.0

-10

0

10

20

30

40

50

60

70

80

2012 Q1 2012 Q2 2012 Q3 2012 Q4 2013 Q1 2013 Q2

Askin

g N

et

Ren

t ($

) / V

acan

cy (

%)

Ab

so

rpti

on

(T

ho

usan

ds S

F)


2013 Q2

4,023 SF

1,790

215,090

51,748

4,468


2150, de la Province 9174‑0902 Quebec Inc.



18-MONTH TREND

q


tu


310,996 q

0 tu

p

















Net Absorption4 (SF) -41,047 99,629

0



2475, de la Province


New Supply (SF) 0 0






636, Giffard Enseignes Prisma inc.

2156, de la Province De Vaux, Foucault & Associés inc.

Joy Struzer

• A diversified city that offers a harmonious combination of healthy economic growth and immense areas to be developed • A thriving economy, based largely on cutting edge technology • Offers a whole range of commercial services, from prestige brand name companies to corner stores • Access to public transportation (buses and metro) • Minutes from downtown across the Jacques-Cartier or Champlain bridges

0

2

4

6

8

10

12

14

16

18

20

$0

$20

$40

$60

$80

$100

$120

2012 Q1 2012 Q2 2012 Q3 2012 Q4 2013 Q1 2013 Q2

Milli

on

s



Longueuil

3.0%

$5.36

0.0

1.0

2.0

3.0

4.0

5.0

6.0

7.0

-150

-100

-50

0

50

100

150

200

2012 Q1 2012 Q2 2012 Q3 2012 Q4 2013 Q1 2013 Q2

Askin

g N

et

Ren

t ($

) / V

acan

cy (

%)

Ab

so

rpti

on

(T

ho

usa

nd

s S

F)


2013 Q2

16,160 SF

3,750

1,780

32,714

11,442



Product Care Association

115, de Vaudreuil Lineman's Testing Lab. and Canada

85, Joseph-A.-Bombardier LVM inc.

35, Lauzon

tu


q

p

Under Construction (SF) 0 0 tu



Net Absorption4 (SF) 127,080 100,982 q

p





4.4% q






472,753

New Supply (SF) 0 0












1360, Newton 9282‑9811 Québec Inc.

1490, de Coulomb Les Immeubles SRMB Inc.



• The industrial section of Boucherville covers the western part of the city; from Highway 20 all the way to Longueuil, this section is divided into 3 industrial parks • Boucherville is in close proximity to Saint-Bruno, which has a well-developed industrial park • Access to Highways 30, 10 and 20 • Boucherville is part of an agglomeration known as the Montérégie, which has one of the fastest growing populations of all of Québec • The Montérégie area has the highest percentage of manufacturing jobs in the province; close to ¼ of all manufacturing related to consumer products is performed in the Montérégie

0

1

2

3

4

5

$0

$5

$10

$15

$20

$25

$30

$35

$40

2012 Q1 2012 Q2 2012 Q3 2012 Q4 2013 Q1 2013 Q2

Milli

on

s



Boucherville

2.8%

$5.07

0.0

1.0

2.0

3.0

4.0

5.0

6.0

7.0

8.0

0

50

100

150

200

250

300

350

400

450

500

2012 Q1 2012 Q2 2012 Q3 2012 Q4 2013 Q1 2013 Q2

Askin

g N

et

Ren

t ($

) / V

acan

cy (

%)

Ab

so

rpti

on

(T

ho

usan

ds S

F)


2013 Q2

RECENT SALES

7,196 SF

3,980

3,380








0.0% tu



18-MONTH TREND

Net Absorption4 (SF) 0 -22,500 q

Under Construction (SF) 70,000 0 q


387, Joseph-Carrier 1021076 Ontario Inc.

324-330A, Aimé-Vincent 9159-4895 Qc Inc. (Groupe Harden)
















282, Adrien-Patenaude Mardi Gras Rental inc.

• Vaudreuil is 30 kilometers West of Montréal and shares a border with the province of Ontario • Vaudreuil-Soulanges' population has been on the rise since the 1990s and is now over 135,000 people while its main city, Vaudreuil, is inhabited by over 32,000 • The city of Vaudreuil is strategically located at the junction of highways 20, 40 ,540 and the soon to be delivered highway 30, which makes the city a logistics crossroad


Vaudreuil

2.2%

$7.23

0.0

1.0

2.0

3.0

4.0

5.0

6.0

7.0

8.0

9.0

10.0

-0.04

-0.02

0

0.02

0.04

0.06

0.08

0.1

0.12

0.14

2012 Q1 2012 Q2 2012 Q3 2012 Q4 2013 Q1 2013Q2A

skin

g N

et

Rent

($)

/ V

acancy (

%)

Absorp

tion (

Mill

ions S

F)


Documents

Booklet gma industrial market dashboards q2 2013