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Amazon warehouse closings to hit Quebec's industrial market

US retail giant's departure from Montreal area to make available millions of square feet
Amazon will be closing its HYU1 and YUL5 facilities at this property on the South Shore of Montreal later this month. (CoStar)
Amazon will be closing its HYU1 and YUL5 facilities at this property on the South Shore of Montreal later this month. (CoStar)
CoStar News
February 6, 2025 | 7:55 P.M.

Amazon’s bombshell decision to close its operations in Quebec is expected to have a major impact on the greater Montreal-area industrial vacancy market as the retail giant is set to vacate nearly 2.3 million square feet of recently built warehouses in a process slated to start this week.

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