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Colin Worrell | Colliers | Montreal

Colin Worrell

Senior Managing Director, Brokerage | Montreal

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Featured Research

Apr 17, 2023

Montreal Office Market Report Q1 2023

Montreal's office leasing market remained stable with the average asking rent increasing marginally at 1.6% YoY to $19.55. Increases in vacancy and availability resulted from class B supply injection, while AAA buildings had absorption showing that the market is still following the flight to quality trend.For the first time since Q1 2020, the Downtown Core reported positive net absorption, resulting in a 20-basis point decline in vacancy, quart-over-quarter.
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Apr 17, 2023

Montreal Industrial Market Report Q1 2023

Montreal’s rental market experienced an inventory increase with the availability rate jumping to 1.3%. Nonetheless, Q1 2023 marks the 6th consecutive quarters of sub-1% vacancy. Rental growth has started to decelerate as asking rental rates consolidate around the $16 net range.
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Jan 25, 2023

Montreal Office Market Report Q4 2022

Flight-to-quality persisted as much of Montreal’s class A suburban, and AAA downtown offices saw a marked decline in both vacancy and availability.
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Featured News

Mar 15, 2023

REM stations primed to become hubs for mixed-use growth

By 2028 there's a pretty good chance Montrealers will be looking back at the development of the $6.9 billion Réseau Express Métropolitain (REM) light rail transit system as a game changer and catalyst for mixed-use development around many of its 26 stations.
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Aug 12, 2021

Thinking Outside the Box: The Secret to Allied’s Success

In this podcast, Colliers’ Brian Rosen and Colin Worrell speak with Allied’s Michael Emory and Tom Burns on Allied’s journey and approach to success; the Allied team’s creative, out-of-the-box thinking that time and again gives rise to iconic, community-focused buildings; how Allied has positioned itself to come out of the pandemic strong; the role of ESG in the company’s future; and more.
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