Is the Montreal Office Market Really Making a Comeback? What the Numbers Don't Tell You
Fri Feb 06 2026
Is the Montreal office market truly recovering, or is it just a temporary illusion? In this episode of Espace Montreal, Axel Monsaingeon sits down with André Plourde, Executive Vice President and one of the most influential brokers in the Montreal market, to break down 35 years of real estate cycles, crises, and comebacks.
From Cité du Multimédia to Place Ville-Marie and trophy office buildings, André shares a ground-level reading of the market, the mistakes property owners must avoid, the new expectations of tenants, and why some buildings are winning while others are falling behind. An essential episode for anyone who wants to understand where the office market in Montreal is really headed in 2026 and beyond.
Topics & Timestamps
🧑💼 Early career and cycles of the Montreal real estate market (00:01:03)
📉 Crises, vacancy, and the resilience of the office market (00:04:07)
🏙️ Cité du Multimédia and post-pandemic challenges (00:08:50)
🏢 Return to the office and new tenant expectations (00:16:10)
✨ Why trophy office buildings are outperforming (00:18:43)
🛎️ Services, employee experience, and asset repositioning (00:22:22)
💰 Rents, vacancy, and the future of office construction (00:24:38)
🔄 Converting Class B buildings into Class A instead of residential (00:27:07)
🔗 Connect with André Plourde
💼 LinkedIn: https://www.linkedin.com/in/andr%C3%A9-g-plourde-309378136/?originalSubdomain=ca
🏢 Colliers: https://www.collierscanada.com/en-ca/experts/andre-plourde
👤 Follow Axel Monsaingeon
💼 LinkedIn: https://www.linkedin.com/in/axel-monsaingeon-42577b28/
📸 Instagram: https://www.instagram.com/axelmonsaingeon
🌐 Explore more resources
📊 Market guides, data, and advertising opportunities: https://www.e5pace.com/
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Is the Montreal office market truly recovering, or is it just a temporary illusion? In this episode of Espace Montreal, Axel Monsaingeon sits down with André Plourde, Executive Vice President and one of the most influential brokers in the Montreal market, to break down 35 years of real estate cycles, crises, and comebacks. From Cité du Multimédia to Place Ville-Marie and trophy office buildings, André shares a ground-level reading of the market, the mistakes property owners must avoid, the new expectations of tenants, and why some buildings are winning while others are falling behind. An essential episode for anyone who wants to understand where the office market in Montreal is really headed in 2026 and beyond. Topics & Timestamps 🧑💼 Early career and cycles of the Montreal real estate market (00:01:03) 📉 Crises, vacancy, and the resilience of the office market (00:04:07) 🏙️ Cité du Multimédia and post-pandemic challenges (00:08:50) 🏢 Return to the office and new tenant expectations (00:16:10) ✨ Why trophy office buildings are outperforming (00:18:43) 🛎️ Services, employee experience, and asset repositioning (00:22:22) 💰 Rents, vacancy, and the future of office construction (00:24:38) 🔄 Converting Class B buildings into Class A instead of residential (00:27:07) 🔗 Connect with André Plourde 💼 LinkedIn: https://www.linkedin.com/in/andr%C3%A9-g-plourde-309378136/?originalSubdomain=ca 🏢 Colliers: https://www.collierscanada.com/en-ca/experts/andre-plourde 👤 Follow Axel Monsaingeon 💼 LinkedIn: https://www.linkedin.com/in/axel-monsaingeon-42577b28/ 📸 Instagram: https://www.instagram.com/axelmonsaingeon 🌐 Explore more resources 📊 Market guides, data, and advertising opportunities: https://www.e5pace.com/