Figures

Quebec City Industrial Figures Q4 2025

Vacancy stabilizing from Q1 run-up

February 13, 2026 5 Minute Read

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‒    The availability rate recorded a decrease of 20 basis points (bps) quarter-over-quarter, reaching 6.8% in Q4 2025.

‒    Net asking rents remain stable in the low $14.00 per sq. ft. range for the sixth consecutive quarter.

‒    Properties in the <18’ clear height range experienced the most significant rental rate change, climbing by 6.4% QoQ and returning to Q2 averages. The gap between these properties and spaces that offer a >26’ clear height is still present.

‒    Q4 2025 recorded 58,370 sq. ft. of net absorption, a continuing step in the right direction towards reducing the run-up that occurred in Q1.