The office market in Montreal looks a lot like the office markets in large US cities, including New York:
A flight to quality in Class A towers filled with amenities, especially new buildings, and a growing number of aging Class B and C products that are at risk of being deemed "obsolete" in the post-pandemic reality of hybrid work and reduced office footprints.
Office building owners and landlords competing with new towers have to seize on anything they can leverage to generate profitable transaction volume. In Montreal, many of them are focused on "turnkey readiness"—the speed at which an occupier can move into a space.
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