Office space for lease Montreal

There are more than 78 million square feet of office space for lease in The Greater Montreal Area

Office space for lease in Montreal vary between 1000 and 525,000 square feet  and cost between $10.00 and $55.00 a square foot a year

Henri Cousineau Chartered Real Estate Broker 514.839.0608	Ask for your free comparative grid of available spaces for lease Our "office space for lease Montreal" services are completely free for the tenants
	Because of the confidential nature of some of the subleases, you must call for all the information: 514.839.0608 - 450.465.6105

OFFICE SPACE for lease MONTREAL New: Video of buildings on demand For your convenience, we prepared videos on the buildings  Some are already on the website
	Video 300 Saint Sacrement

Downtown	Old Montreal	Saint-Laurent
Montreal east	Anjou	Loft Style Office Space
Laval	South Shore	Industrial Space
Sublease space for a fraction of the price	Ask for our videos	Space in Manila Philippines

VACANCY RATES CLIMB.

The national office space vacancy rate has increased to 11.7 per cent in first quarter of 2004 from 9.2 in first quarter of 2003 according to a office space for lease vacancy rate report released today. All major markets examined reported increases in their vacancy rates.
Companies whose leases space are expiring in the next 12 months are in an advantageous position as softer demand for office space for lease Montreal is prompting office space building owners  to become retention focused and offer more flexible conditions, particularly in the B and C Class office buildings. Existing tenants with two or less years remaining on their leases are pushing landlords to renegotiate more competitive long-term leases for their office space with incentives. 
Across Canada figures indicate that the leasing activity 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. 
The current political situation combined with a sluggish U.S. economy is expected to delay recovery in the commercial real estate sector to later this year or quite possibly the first quarter of 2005.

Montreal

In Montreal, the vacancy rate rose to 12.1 per cent in first quarter 2004, up from 10.7 per cent in fourth quarter 2003 and edged up marginally by 0.5 percentage points from last 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 office space market will favor the tenant. In this soft market, landlords will be negotiating in an effort to retain their tenants, and attract new ones. The consolidation of Caisse de depot from the downtown core into Old Montreal will result in approximately 400,000 square feet (sq. ft.) of office space returning to the core market. This will result in more opportunities for companies seeking larger tracts of contiguous office space in the downtown Montreal core.
Over the next 12 months, the vacancy rate should increase slightly, leading to softer market conditions.
The suburban market is experiencing different conditions compared to downtown Montreal. With a small amount of positive absorption and little new supply on the market, vacancy rates are decreasing slightly.
In popular suburban areas like the West Island, the office space for lease vacancy rate in Class A buildings are very low. However, analysts anticipate an increase in available office space for lease as technology companies continue to rationalize their operations. 

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Videos of Office Space for Rent and Specific Buildings
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