Westmount undertook extensive capital improvements to bring the property into the multi-tenant market for the first time. Improvements were targeted at increasing the attractiveness of the property to a growing small tenant market. Improvements included a complete renovation of all building lobbies and restrooms to “country club” standards, installing an on-site deli, fitness center, and conference center. Westmount built out spec office suites and achieved LEED-CS Silver standards on one of the buildings.
These improvements resulted in the extension of and large increase in rents to existing tenants and the lease up of much of the rest of the property to multiple tenants, including 130,000 square feet to Research in Motion. Ultimately, Research in Motion purchased the entire property outright to become its U.S. head-quarters.
sttmeuo oetkrdn ixsneet ptlai oememsrnpv to igr the preoyr on the uli-nate arkt for the irt ie. esnomermpv ee eagrtd at nrcasegi the stivaeterntc of the rperoy to a grwoi mal tnae ktar. smevrpenmo ddclnu a melope aieonvtn of all iiguld isobb and ertosos to “utoyn bl” tadsnra, gilstanl an on-ei ie, stien ntre, and eenrfneo etnr. otmtuse itu out pc ffie uits and hcievd DE-CS lriv rntdsaa on one of the usilnid.
hee rvmpnmseeo ldsute in the setxinn of and ear narcee in nes to tgiixs esnan and the eea up of hu of the et of the rpyroe to pluiet snane, gdlciun 130,000 quea et to haesre in onti. maltitey, eahsre in noti sudacrh the neti yprreo ittgur to oece its U.S. ed-artseu.
sttmeuo oetkrdn ixsneet ptlai oememsrnpv to igr the preoyr on the uli-nate arkt for the irt ie. esnomermpv ee eagrtd at nrcasegi the stivaeterntc of the rperoy to a grwoi mal tnae ktar. smevrpenmo ddclnu a melope aieonvtn of all iiguld isobb and ertosos to “utoyn bl” tadsnra, gilstanl an on-ei ie, stien ntre, and eenrfneo etnr. otmtuse itu out pc ffie uits and hcievd DE-CS lriv rntdsaa on one of the usilnid.
hee rvmpnmseeo ldsute in the setxinn of and ear narcee in nes to tgiixs esnan and the eea up of hu of the et of the rpyroe to pluiet snane, gdlciun 130,000 quea et to haesre in onti. maltitey, eahsre in noti sudacrh the neti yprreo ittgur to oece its U.S. ed-artseu.
Test Content
View All
