Montreal Office Market Report Q3 2019

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The Greater Montreal office market  continues to thrive regardless of a tight market for the third quarter of the year. 

Availability rates continue to drop, losing a half percent from Q2 to Q3. Asking net rental rates have increased slightly in the same time period.Construction continues to move forward on the various new office towers and mixed-use projects on the island of Montreal. The vacancy rate for the Greater Montreal Area is at 8.4% for this quarter.


Office Market Report

Montreal Office Market Report Q3 2019

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Pierre Houle

Senior Vice President | Chartered Real Estate Broker

Montreal

Pierre Houle s’est joint à l’équipe Colliers International (Québec) Inc., en tant que vice-président en 2004. Pierre se démarque par sa clientèle d’utilisateurs d’espace commerciale qui l’amène à négocier des transactions à travers le Québec. Spécialiste de l’immobilier corporatif depuis 1985, il a acquis une connaissance hors pair du marché immobilier de bureaux et industriel. Au courant de sa carrière, Pierre a développé un savoir-faire tant en relocalisation/renégociation d’espace de bureaux ou à vocation industrielle, ou encore, pour une construction sur mesure qui répond aux exigences du client, tout en respectant le budget et les délais de celui-ci.

Pierre Houle joined the Colliers International (Québec) Inc. team as Vice President in 2004. Pierre stands out due to his corporate users who keep him busy negotiating transactions in numerous cities across Quebec. A specialist in corporate real estate since 1985, he has exceptional knowledge of Quebec’s real-estate market. He developed expertise in office and industrial space relocation/renegotiation and build to suit in respond to the client needs, within budget and deadlines.

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Mathieu Turnier

Associate | Commercial Real Estate Broker

Montreal

Jeune professionnel du domaine immobilier, Mathieu Turnier s’est joint à titre d’associé aux courtiers d’expérience Pierre Houle et Pierre Charest qui offrent un service en représentation d’utilisateurs d’espace du Grand Montréal. Mathieu assiste les utilisateurs à cerner la meilleure solution à leurs besoins immobiliers.

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Mathieu Turnier, a young real estate professional, has joined senior brokers Pierre Houle and Pierre Charest’s team as an associated focusing on Tenant Representation in the Greater Montreal Area.  Mathieu will assists users in determining the most effective solution to their real estate needs.

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