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Downtown Montreal's office vacancy is concentrated in handful of buildings

Less than 20% of office buildings account for around half of all downtown vacant office space
Photo: Downtown Montreal, as seen from the city’s Old Port. (CoStar)
Photo: Downtown Montreal, as seen from the city’s Old Port. (CoStar)
CoStar Analytics
May 1, 2025 | 9:17 P.M.

Montreal’s downtown office vacancy rate has continued to move higher in recent quarters and now sits at over 15%, or over 20% for only those buildings actively marketing available space.

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