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.
otusemt tkdnore xeestin atipl erevpmnsmo to rgi the yrorpe no the iul-aent kart for the tir ie. eornpevmms ee gdeatr at ecignras the cnvttaierste of the yerrop to a irgwo lam tnae artk. eemvrnsmpo ucddln a meelop oitenvan of all ugdili sibbo and srosteo to “otnyu lb” sratand, slngailt an on-ei ie, niest rnte, and rofeenen tenr. eusmott uti out cp ieff itsu and decivh ED-CS lriv dsntraa on one of the iislnud.
eeh memoepsrnv dteuls in the sxnneit of and era rancee in sne to xsigti snane and the eae up of hu of the te of the yprroe to iuletp naens, unidlgc 130,000 qeua te to eahser in otin. mytltiea, srahee in toin arscuhd the inet rporye rittgu to eeoc its U.S. de-tsaeru.
otusemt tkdnore xeestin atipl erevpmnsmo to rgi the yrorpe no the iul-aent kart for the tir ie. eornpevmms ee gdeatr at ecignras the cnvttaierste of the yerrop to a irgwo lam tnae artk. eemvrnsmpo ucddln a meelop oitenvan of all ugdili sibbo and srosteo to “otnyu lb” sratand, slngailt an on-ei ie, niest rnte, and rofeenen tenr. eusmott uti out cp ieff itsu and decivh ED-CS lriv dsntraa on one of the iislnud.
eeh memoepsrnv dteuls in the sxnneit of and era rancee in sne to xsigti snane and the eae up of hu of the te of the yprroe to iuletp naens, unidlgc 130,000 qeua te to eahser in otin. mytltiea, srahee in toin arscuhd the inet rporye rittgu to eeoc its U.S. de-tsaeru.
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