Offices: an active market driven by pre-existing space
In 2025, the office market accounted for 99,993 m² of space leased (-14% compared to 2024).
The decline in volume is primarily due to the scarcity of new supply, which helps boost the value and appeal of existing properties.
Structural trends:
- 66% of overall space is leased, confirming the predominance of this type of occupancy
- A clear majority of existing space, in line with space optimization strategies
- Average space per transaction of 235 m², reflecting more flexible work arrangements
Companies generally favor solutions that are immediately operational, well-located, and adapted to new needs, taking into account factors such as energy efficiency, quality of life at work, and cost optimization.
Main office transactions:
- EN SANTE – 3,846 m² - Belvédère de Gimel in Grabels – Tourny Meyer
- Information and communication company – 4,436 sq m² – Hippocrate Commercial Development Zone in Montpellier – BNP Paribas Real Estate
- WEDA – 1,380 m² – Airport Park in Pérols – Norman Taylor
- PIGIER GROUP – 1,468 m² – Le Millénaire – Arthur Loyd
- New facilities in office centers (ALTEMED/Montpellier Méditerranée Métropole)
- MIBI (Montpellier): 250 m² office space for CYKERO
- BIOPOLE EUROMEDECINE (Grabels) – laboratory and office space: BCI PHARMA (202 m²), BETA INNOV (432 m²), HAUTS VAL&CO (169 m²), and others
Commercial space: a cornerstone of the local economy
With 101,452 m² transacted, the market for commercial space shows remarkable stability in 2025 and confirms its central role in the area’s economic development.
Key points:
- 76% of space is leased, 24% is purchased
- 82% of space is pre-existing, which has become the norm to support business growth and agility
- Average space size of 463 m² is consistent with the needs of SMEs and growing businesses
This segment continues to effectively meet the expectations of economic stakeholders, particularly in a context where cost and timeline management are important.
Key locations and activities:
- TAM – 1,550 m² in Villeneuve-lès-Maguelone – ABC Immobilier
- ALTA METAL – 1,650 m² in Saint-Georges d’Orques – FDI Immobilier
- MC2IT – 1,677 m² in Fabrègues – Tertia Conseils
- HELIOWATT – 2,400 m² in Vendargues – Norman Taylor
- MB THERAPEUTICS – 325 m² at Ateliers Relais du Millénaire (relay workshops) in Montpellier - ALTEMED/Montpellier Méditerranée Métropole
- SILIBILIZ – 110 m² at VEAS Parc 2000 in Montpellier - ALTEMED/Montpellier Méditerranée Métropole
Land: a more selective real estate market reflecting strategic wait-and-see approach
In 2025, the market for land recorded 62,479 m² of space leased (-45% compared to 2024). This trend reflects a more cautious attitude among investors and users, who are waiting for more favorable economic conditions.
- 13 land transactions recorded
- Average price: €234/m² (approximate figure given the low number of transactions)
This wait-and-see approach nonetheless presents an opportunity to prepare for future projects, with more targeted, high-quality initiatives aligned with environmental and land-use challenges.
Land sales to company-owned entities:
- MOSAIQUE ARCHEOLOGIE (preventive archaeology): Acquisition of a 1,088 m² plot of land in the Cannabe ZAC zone in Cournonterral to build a mixed-use building with a total surface area of 663 m² for workshops and offices.
- CYKERO (specialist in refurbishing electronic devices): Acquisition of a 4,930 m² plot of land in the Eurêka business park extension in Castelnau-le-Lez to build a mixed-use building with of total surface area of 3,699 m² for workshops and offices.
- CREDIT AGRICOLE DU LANGUEDOC: acquisition of a 7,903 m² plot in Cambacérès, Montpellier, for construction of an office building with a total surface area of 25,571 m².
Land sales for developing business park projects:
- EUREKA FACTORY (CIRRUS PEGASE): business property development covering 7,059 m² total surface area at the Eureka extension in Castelnau-le-Lez.
- VILLAGE DES CARRIERES (BATIH): business property development covering 2,923 m² total surface area in the Jules Rimet ZAC in Sussargues.
2025 marks a pivotal year: faced with the challenges of energy efficiency, space optimization, and quality of life at work, local stakeholders continued to adapt and innovate successfully.
About the Montpellier Commercial Real Estate Observatory (OMIE)
OMIE unites the area’s leading commercial real estate players: ABC Immobilier d’Entreprise, Arthur Loyd, BNP Paribas Real Estate, FDI Services Immobiliers, Norman Taylor, Tertia Conseils Entreprises, Thélène Entreprises, Tourny Meyer Méditerranée, Transac Tertiaire, the ALTEMED / SERM / SA3M group, Montpellier Méditerranée Métropole, and the Pays de l’Or urban community.
Project management is handled by CERC Occitanie.
📩 Press contact / detailed analysis:
Christèle MARNAS – Montpellier Regional Director, Tourny Meyer
2025 Representative of the Commercial Real Estate Observatory
