Bitcoin mining, cannabis boost Montreal's industrial rental market
Bitcoin “miners” and legal cannabis growers, attracted by cheap electricity, are helping to turn Montreal’s industrial real estate market into one of the tightest in the country.
The availability rate — the percentage of industrial properties that are available for rent — was 3.2 per cent during the first quarter of 2018, according to Cushman & Wakefield, down from 5.2 per cent the previous quarter and down from 6.7 per cent during the first quarter of 2017
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