Montreal-Nord Commercial Real Estate 0 Listings

Montreal-Nord: A Premier Destination for Commercial Real Estate

Introduction

Montreal-Nord, a vibrant borough in the city of Montreal, offers a compelling opportunity for commercial real estate (CRE) professionals. Known for its strategic location and diverse economy, Montreal-Nord is an attractive market for various commercial property types. With a population of over 80,000 and proximity to key economic hubs, the area is poised for growth in sectors such as manufacturing, retail, and logistics.

Economic and Industry Overview

Montreal-Nord's economy thrives on a mix of industries, with significant contributions from manufacturing, retail, and logistics. The borough's industrial landscape is bolstered by initiatives led by regional economic development agencies like the Montréal International Economic Development, which fosters business growth and attracts investment. The demand for industrial and retail properties is driven by these sectors, creating a robust market for CRE investments.

Strategic Location and Transportation Infrastructure

Montreal-Nord's strategic location offers exceptional logistical advantages. The borough is well-connected via major highways such as Autoroute 40 and Route 125, facilitating efficient transportation and distribution. Its proximity to the Port of Montreal and Montréal-Pierre Elliott Trudeau International Airport enhances access to international markets. Additionally, the borough is served by multiple rail lines, providing comprehensive access to labor pools and border markets.

Commercial Real Estate Inventory & Zoning

Montreal-Nord hosts diverse CRE submarkets, including industrial corridors and retail centers. Key asset classes include:

Industrial: Warehousing and logistics spaces are in high demand.
Retail: Shopping centers and high-street retail offer significant opportunities.
Office: Small to mid-sized office spaces cater to local businesses.

The city's zoning regulations and incentives promote development, with resources available through the City of Montreal Zoning Maps.

Major Employers and Institutions

Montreal-Nord is home to several major employers and institutions that drive demand for commercial real estate:

Corporate Headquarters: Companies such as Groupe Marcelle and Canam Group have significant operations in the area.
Educational Institutions: Cégep Marie-Victorin offers educational opportunities that support local workforce development.

For a comprehensive list of businesses, visit the Montreal Business Directory.

Notable Commercial Developments & Projects

The borough is witnessing transformative projects, including mixed-use developments and innovation parks. Public-private partnerships and designated Opportunity Zones enhance investment prospects. For more information on ongoing projects, refer to the Montreal Planning Department.