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Montreal office lease terms lengthen as market recovery broadens

Accords signed in 2026 are noticeably longer than in recent years
In a first-quarter deal, accounting firm KPMG renewed a lease for 17,800 square feet in the Centre Corporatif Décaire at 7777 boulevard Décarie. The lease has an 11-year term, well above the average for office leases in Montreal in recent years. (CoStar)
In a first-quarter deal, accounting firm KPMG renewed a lease for 17,800 square feet in the Centre Corporatif Décaire at 7777 boulevard Décarie. The lease has an 11-year term, well above the average for office leases in Montreal in recent years. (CoStar)
CoStar Analytics
August 9, 2026 | 9:12 P.M.

Montreal's office market is showing signs of renewed confidence after years of shrinking lease-term commitments from tenants.

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