MONTREAL, May 7, 2014 – CBRE Limited continues to enhance its Valuation and Advisory business line in Canada. Andréanne Lavallée will join CBRE on May 20th as Managing Director of the Valuation and Advisory Services Department in Montreal. Andréanne will be based in CBRE’s Ville Saint-Laurent office and her presence will strengthen CBRE’s capabilities in the Quebec marketplace.
The Greater Montreal Area (GMA) is
home to almost four million people, making it the second largest metropolitan
center in Canada. It is strategically located economically; the region
boasts three airports, one of the busiest ports in North America, and
intermodal hubs, connecting rail, shipping, air and land transportation.
The region also contains 11 academic institutions, one of the highest levels in
Canada. These institutions ensure that the GMA has a highly skilled and
educated labour force. In addition to the high level of education, 50% of
the population is bilingual (French and English), which is the largest amount
The GMA is one of the most
competitive and affordable places to do business; it has the most competitive
operating costs of the top 20 metropolitan areas of North America. The
economy is highly diversified, with concentrations in Life sciences and health
technologies, Aerospace, and information and communication technologies.
Montreal is also a financial center, with more than 100,000 employees working
at 3,000 organizations. These industries, and Montreal’s ability to
attract foreign companies and investment, all positively impact the real estate
market, as demand for space from a diverse and growing economy increases.
The Montreal office of CBRE Limited, which opened in 1996, staffs over 150 employees. A large number of
our commercial real estate professionals and appraisers are active
members in highly regarded professional organizations such as the Society of Industrial and Office Realtors (SIOR), the Canadian Real Estate Association (CREA), the Real Estate Institute of Canada (REIC) and CoreNet. These affiliations, along with our firm's corporate membership in the Urban Development Institute (UDI) and the International Council of Shopping Centers (ICSC)
enable us to provide our clients with the most up to date market
trends, techniques and highest ethical standards in the commercial real
The principal Montreal office is located in the heart of the downtown business district, on the 20th floor at 2001 McGill College Avenue and
offers convenient access for downtown clients. In addition, the
suburban markets are serviced by a satellite brokerage office located
at 333 Decarie Boulevard, St. Laurent along with our appraisal, project management and facilities management divisions.
In 2013, our real estate professionals (including our 30+ real estate brokers) serviced our clients with transactions exceeding $1.5 billion in total consideration volume. These professionals are active in all asset classes and grouped by specialty/expertise such as office leasing, industrial, land, investment, retail, multi-residential, financing specialties, as well as consulting and valuation. Each commercial real estate professional acts as a gateway to the complete and diversified CBRE service lines on behalf of their corporate clients, locally or internationally. Our expertise and diversity allow us to best respond to our clients’ needs, whether they are real estate owners, investors or occupiers. CBRE is considered the leading integrated commercial real estate service provider in the Province of Quebec.
Supporting the brokerage operation is a local research department comprised of 4 full-time qualified research personnel who provide the client teams with market information, econometric and local analysis, GIS mapping and contact databases of both occupiers and property investors. In addition to our local research team, our real estate professionals have access to hundreds of research personnel in Canada and globally