Where do energy and commodities occupiers lease office space in Montreal?

Most cluster in Downtown CBD. Rent runs ~38 CAD/sqft ($28 USD) for trophy and prime stock.

What fit-out spec do energy and commodities occupiers run in Montreal?

Typically trophy at $215–320/sqft.

How much office space per seat should a energy and commodities occupier plan in Montreal?

Plan ~240 sqft per seat blended. A 100-person team typically takes 24,000 sqft.

What NAICS codes describe the energy and commodities vertical?

Representative NAICS 2022 codes: 211, 212, 523130.

What is the talent index in Montreal?

86/100. Use the city profile for full detail.

Energy and commodities occupiers in Montreal typically cluster in Downtown CBD, plan ~240 sqft per seat at trophy fit-out ($215–320/sqft), and pay around 38 CAD/sqft ($28 USD) on Class A.

Preferred submarket: Downtown CBD.
Typical fit-out spec: Trophy ($215–320/sqft).
Plan ~240 sqft per seat for headcount sizing.
Class A rent context: 38 CAD/sqft ($28 USD).
Typical lease: 10 years with 12 months rent-free.
Talent depth in Montreal: 86/100.

Energy and commodities office space in Montreal

Energy and commodities occupiers in Montreal typically cluster in Downtown CBD, plan ~240 sqft per seat at trophy fit-out">fit-out ($215–320/sqft), and pay around 38 CAD/sqft ($28 USD) on Class A.

TL;DR

Preferred submarket: Downtown CBD.
Typical fit-out spec: Trophy ($215–320/sqft).
Plan ~240 sqft per seat for headcount sizing.
Class A rent context: 38 CAD/sqft ($28 USD).
Typical lease: 10 years with 12 months rent-free.
Talent depth in Montreal: 86/100.

Where they cluster

Energy and commodities occupiers in Montreal typically anchor in Downtown CBD. Banking, law, professional services, energy, government.

What they pay

Class A rent in Montreal runs 38 CAD/sqft ($28 USD) on a 10-year lease with 12 months free. Trophy submarkets command a 20–40% premium above the city index.

Spec and fit-out

Typical energy and commodities fit-out targets trophy specification at $215–320/sqft. Bespoke design, signature feature, top-tier MEP and acoustic packages are standard.

Headcount sizing

Plan around 240 sqft per seat blended (workstation + circulation + amenity). A 100-headcount energy office in Montreal typically targets 24,000 sqft of leasable area.

Talent angle

Trading floors concentrate in CBD trophy product with redundant power and connectivity; engineering teams scale in suburban energy corridors. Deepest French-English bilingual professional talent in North America. Structural AI research cluster (Yoshua Bengio at MILA, Element AI alumni). Strong aerospace, video games, and creative industries talent.

Tax and lease context

Headline corporate tax: 26.5%. Net leases (tenant pays opex separately). 10-year terms standard. Free rent of 10-14 months and TI of C$60-$100/sqft typical on a 10-year Class A deal.

Key facts

city	Montreal
industry	Energy and commodities
naics	211, 212, 523130
preferredSubmarket	Downtown CBD
preferredFitoutSpec	Trophy
fitoutBand	$215–320/sqft
sqftPerSeat	240
classARentLocal	38 CAD/sqft/yr
classARentUsd	$28/sqft/yr
vacancyPct	18.6%
typicalLeaseYears	10
typicalRentFreeMonths	12
talentIndex	86
corporateTaxPct	26.5%

Frequently asked questions

Where do energy and commodities occupiers lease office space in Montreal?: Most cluster in Downtown CBD. Rent runs ~38 CAD/sqft ($28 USD) for trophy and prime stock.
What fit-out spec do energy and commodities occupiers run in Montreal?: Typically trophy at $215–320/sqft.
How much office space per seat should a energy and commodities occupier plan in Montreal?: Plan ~240 sqft per seat blended. A 100-person team typically takes 24,000 sqft.
What NAICS codes describe the energy and commodities vertical?: Representative NAICS 2022 codes: 211, 212, 523130.
What is the talent index in Montreal?: 86/100. Use the city profile for full detail.

Editorial provenance

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

Primary sources for this page

CBRE Marketview reports — CBRE
JLL Office Insight — JLL
Cushman & Wakefield Marketbeat — Cushman & Wakefield
Savills World Research — Savills
Colliers Global Office Outlook — Colliers

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