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Research

Report

Downtown Montreal Office Sublease Analysis - Q2 2014


​The Downtown Montreal Sublease Analysis provides a quarterly update about the Central Business District's office sublease market.

  • Tenants in Downtown Montreal currently have 875,462 square feet of space available for sublease, a 67,087 square feet (or 8.3%) increase year-over-year.
  • We have seen a 129,260 square feet (or 17.3%) climb in the amount of available sublease space in Downtown Montreal since Q1 2014.
  • The total number of sublease listings has reached 66 during Q2 2014, up from 57 last quarter.
  • Available sublease space currently represents 15% of total available space in Downtown Montreal, a 2% jump quarter-over-quarter.
  • Sublease space as a percentage of total available space is now 2.5% above the 12.5% historical 5 year average.

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