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Jones Lang LaSalle is pleased to present our second annual Montréal Skyline Review, covering the core urbanized office center that truly moves the market. This pocket of the office sector outperforms the broader market with respect to leasing and investment demand, supply and pricing. In 2011, the core market saw activity continue to increase, causing vacancy rates to dip substantially. Large blocks of space remained scarce in 2011 with only three blocks of contiguous space above 100,000 square feet available, giving landlords more leverage in the market to raise asking rates and lower inducement packages.
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