office space for lease DOWNTOWN montreal
There are more than 80 million square feet for lease in the Greater Montreal Area
Location espaces bureaux Montreal, plus de 80 millions à louer

Available office space for lease in Montreal varies from 1,000 to 225,000 square feet

Prices: $10.00 à $55.00 a square foot (annual)

 


Henri Cousineau
Chartered 
Real Estate Broker
514.839.0608
 

Office space for lease in Downtown Montreal  

Montreal Old Montreal - Laval Saint-Laurent - West-Island – West-end Montreal
Nun's Island - East End Anjou - South-Shore  - Industrial - Subleases
Philippines

Office lofts Montreal - Corporate Services - References

Because of the confidential nature of some of the subleases, you must call for all the information:

514.839.0608 - 450.465.6105

Spaces to lease in Montreal vary from 1,000 to 525,000 square feet

Prices: $12.00 to $55.00 per square foot / year

  DOWNTOWN OFFICE SPACE FOR LEASE FINANCIAL CORE

Office space for lease Montreal Office space for lease Rene Levesque Office space for lease Rene Levesque
440 Rene-Levesque 455 Rene-Levesque 500 Rene-Levesque 555 Rene-Levesque 600 Rene-Levesque

 

Office space for lease rene levesque
620 Rene-Levesque 625 Rene-Levesque 630 Rene-Levesque Place Ville Marie 1100 Rene-Levesque
 
Sun life Building 1155 Rene-Levesque 1170 Peel 1200 Rene-Levesque Commerce Place
 
2000 Mansfield 999 de Maisonneuve 1001 de Maisonneuve Pl. de la Cathedrale 1255 University
 
1010 Sainte Catherine Marine Building 2001 University 1600 Rene-Levesque 2200 McGill College
 

 

Ask for your free
comparative grid
of available spaces

with pictures
and floor plans.

514.839.0608
Place Montreal Trust 1000 La Gauchetiere 2001 McGill College 1253 McGill College 450.465.6105
 
680 Sherbrooke West 1801 McGill College 1981 McGill College 2000 McGill College 1501 McGill College
 

The office space for lease in downtown Montreal financial core are in prestigious towers and most are class "A" or "B" office buildings. Some of the buildings have distinctive architecture. All office space for rent downtown Montreal are prime location in the heart of Montreal's business district on the city's busiest intersections. The office space for lease e easy access to public transportation that makes it an ideal choice for any type of business. Most office space are in buildings that give you easy access to the metro stations and Montreal's underground. Some of the properties that have office space for lease The properties have many interesting features such as state of the art conference centres,gyms. The building is also equipped with ultra-modern, high-performance facilities, be it for telecommunications, air conditioning and security. Most office buildings have security 24/24, 7/7. Access to the office space for lease is with access card system outside of business hours, provides occupants of the office space with a feeling of security. The office space for lease comes with turnkey tenant improvements.

There is office space for lease in Downtown Montreal in most of the office buildings on Rene Levesque, Peel, de Maisonneuve, Sherbrooke, Stanley, McGill College, Sainte-Catherine, Dominion Square, Philipps Square

The office space for lease in Downtown Montreal's financial core are in some of the most famous buildings in Montreal. The buildings offer corner offices  have high-quality features that meet the requirements of a workplace focused on efficiency and productivity.

The office space for lease downtown Montreal is very well located, positioned as it is in the center of Montreal’s business area. Via Montreal’s sprawling underground pedestrian network. The tenants have access to three metro stations, two train stations and a bus terminal.

The office buildings that have office space for lease downtown Montreal offer a stimulating environment for any modern company that seeks state of the art office space.
 

 

Some statistics to help you make a decision in your quest for Downtown Montreal office space for lease
Class A office space for lease, representing 67% of the downtown core market, has a vacancy rate of 12.8% for the second quarter of this year; a slight increase from the 11.5% vacancy rate reached at the end of lat year. 
Class B office space for lease, representing 28% of the downtown core market, finished the second quarter with a vacancy rate of 13.8%, a large decrease from 17% vacancy achieved at the end of last year
Class C office space for lease, representing a small percentage of the total downtown core market, has a vacancy rate of 16.8%.
The average asking rent for downtown core office space for lease is approximately $16 per square foot net.
Presently, there are no new office projects underway downtown. However,  Place Ville Marie, located on the corner of Mansfield Street and René-Lévesque Boulevard, has finished it's construction which mainly revolved around rehabilitating the building's envelope.
The shortage of available tenants combined with low expansion from present tenants have pushed landlords to offer incentive packages to large tenants in search of space.
Some tenants have benefited from the current market conditions by negotiating a new lease before the end of their present office leases... They took advantage of the rise in vacancy rates.

Update end of last year and office space for lease forcast for 2009
Cental business district (Montreal financial core)
Class 'A' office buildings
The vacancy rate of office space fell to 10.3%.
The average asking net lease rates fell to $13.82 psf. 
Additional rents increased from $12.51 psf to $12.58 psf.
In class 'B' office space buildings, the vacancy rate went down to 13.6% 

Strong Absorbtion
There was strong absorption also in the West Island, Downtown South, and Old Montreal
markets,Central Core, Downtown East, Midtown, and Laval. 
The worst performers in absorption were Downtown West, Atwater-Westmount, East End, and the South Shore.

Vacancy rates and leasing rates fell
Overall, vacancy rates fell to 12.6%. 
Prime Class 'A' office space, saw sublet space increase.

New Projects
New office space construction projects were Antrev Management's Esplanade Loft Complex
(125,000 SF of loft style office space for lease at 6750 Avenue de l'Esplanade).
The largest office space project planned, Hines' 385,000 SF, 27-story office space tower at 900 de Maisonneuve West. 

Completed projects are: 
renovations at 685 Cathcart Street (70,000 sf of office space for lease) and
the Gordon Brown Building (400 de Maisonneuve Boulevard West, 330,000 sf of loft style office space for lease).

Outlook for 2009: 
As vacancy rates drop to around 12.0%, tenants will find it increasingly difficult to find new space. High absorption and low vacancy numbers will begin to indicate that new office towers could be built in mid- to late-2009.
With the future strength of demand for office space, and as landlords find that fewer incentives are needed to secure tenants, they will begin
the push for increases in asking rents. Rents
will begin to go up. By the end of 2009, and early
into 2010, net effective rents
and vacancy rates should reach peak levels.

For more information about office space for rent downtown Montreal call us at 514.839.0608

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While a tenant negotiates one lease every three to five years, we negotiate one every day...we're always on the lookout for good opportunities. 
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