Office Space for Lease Montreal

Across Canada figures indicate that the leasing activityty has slowed significantly the last two quarters A common trend reported in all markets examined is that negative absorption is causing downward pressure on rental rates. 
In Montreal, the vacancy rate rose to 12.1 per cent in the first quarter 2006, up from 10.7 per cent in previous quarter. 
Montreal’s office space market continues to experience negative absorption, which has carried over from last quarter.
In the short to mid term, the Montreal market will favor the tenant. In this soft market, landlords will be negotiating in an effort to retain their tenants, and attract new ones.

This entry was posted on Monday, April 24th, 2006 at 2:03 pm and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.