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Montreal's downtown office sector could face test from space hitting market

Public sector tenants may be at particularly high risk of downsizing
The City of Montréal occupies 108,000 square feet, or 16%, of Place Telus at 630 boulevard René-Lévesque Ouest. The city’s new administration recently announced plans to cut 1,000 city jobs over the next 4 years. (CoStar)
The City of Montréal occupies 108,000 square feet, or 16%, of Place Telus at 630 boulevard René-Lévesque Ouest. The city’s new administration recently announced plans to cut 1,000 city jobs over the next 4 years. (CoStar)
CoStar Analytics
March 10, 2026 | 12:02 P.M.

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Following a slow but steady recovery in 2025, office leasing in Montreal may face several stiff tests in the year ahead as leases for 26 large blocks of office space, totalling one million square feet, are set to expire through March 2027.

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News | Montreal's downtown office sector could face test from space hitting market