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Parent company
Not available
Number of stores in U.S
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Brand Deck
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Description
BMO (Bank of Montreal) is a Tier 1 North American financial institution and a world-class Anchor Tenant currently executing a significant multi-year "Financial Center" transformation. Following its 2023 acquisition of Bank of the West, BMO is implementing a strategic 2026 branch optimization plan that includes the divestiture of 138 legacy locations while committing to the launch of 150 new state-of-the-art branches over the next five years. These new prototypes—averaging 2,500 to 4,000 square feet—prioritize "Relationship Banking" over traditional transactions, featuring open-concept layouts, advanced digital interfaces, and net-zero energy building standards. As a leader in sustainable real estate, BMO’s new "Smart Branch" designs serve as community hubs that drive consistent daytime foot traffic from both personal and commercial banking clients. For developers, BMO offers an investment-grade (S&P: A+) credit profile and a commitment to densifying its presence in high-growth Tier 1 markets, particularly in California and the Midwest, making it a "Future-Proof" anchor for complex mixed-use and lifestyle projects.
Brand Category
Service
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Site criteria
Size range
100 - 300 SF
Ideal size
200 SF
Optimal frontage
100 LF
Basic requirements
Target markets
- Example
- Example
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Preferred anchors
- Example
Preferred co-tenants
- Example
Preferred traffic generators
- Food
- Entertainment
Preferred location type
- Street
- Lifestyle
- Grocery
Preferred building type
- Free-standing
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Brokers
