Downtown CBD's tenant base is anchored by banking, law, professional services, energy, government.

  • Tier: trophy.
  • Tenant character: Trophy stock at Place Ville Marie.
  • Average rent: C$52/sqft/yr · ≈ $38.5 PSF/yr USD.

Downtown CBD, Montreal tenant profile

Downtown CBD's tenant base is anchored by banking, law, professional services, energy, government.

TL;DR

  • Tier: trophy.
  • Tenant character: Trophy stock at Place Ville Marie.
  • Average rent: C$52/sqft/yr · ≈ $38.5 PSF/yr USD.

Who clusters here

Banking, law, professional services, energy, government.

What that means for newcomers

Newcomers to Downtown CBD should expect peer-tenant scrutiny: covenant strength, brand fit, and signage standards are watched closely. Lease-up product underwrites by anchor tenant; secondary tenants typically benefit from anchor halo.

Key facts

cityMontreal
submarketDowntown CBD
tiertrophy
averageRentLocalC$52/sqft/yr · ≈ $38.5 PSF/yr USD
cityClassARentUsd$28/sqft/yr
cityVacancyPct18.6%

Frequently asked questions

What kind of tenants lease in Downtown CBD?
Banking, law, professional services, energy, government.

Related

Editorial provenance

Reviewed by Miriam Hollander — Lead market analyst. Last updated 2026-04-15. See our methodology and editorial standards.

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