Member News

12 August 2025

Montreal Lab Market Report 2024

A balanced market amidst North America's oversupply

Montréal’s Life Sciences ecosystem stands out from that of other major North American cities as the most affordable market in terms of real estate costs and labour. Lab net rental rates average $41.68 per sq. ft. which is 59.88% more affordable than the U.S. average when accounting for currency change. Downtown lab spaces command a higher premium of $62.00 per sq. ft.

Check out the PDF for more information!

Rapport | Intelligent Investment – CBRE

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