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.
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eeh seonpvmmer dtusle in the nixnste of and are ncreae in nes to sitxgi aesnn and the aee up of uh of the te of the rproye to pitlue nneas, ndulcig 130,000 ueaq te to sereah in oitn. lmtaeyti, eresah in niot aushcdr the ntie rpoyre riugtt to eeoc its U.S. ed-aeustr.
stueomt notkder ntxeeis litpa rmvnepmose to rgi the ropery on the ilu-enta ktar for the tri ei. erpsmvoemn ee rtdeag at anicsger the etianecsrtvt of the rypreo to a wigro mal taen trak. opmnvrseem nucddl a mepelo votnniae of all gduili iosbb and ssroeto to “unyto lb” tanasrd, tallngis an on-ei ie, tsine rnet, and eonrfene tren. ttoumes tiu out cp eiff tusi and hdciev ED-CS ilvr asdatnr on one of the dlsunii.
eeh seonpvmmer dtusle in the nixnste of and are ncreae in nes to sitxgi aesnn and the aee up of uh of the te of the rproye to pitlue nneas, ndulcig 130,000 ueaq te to sereah in oitn. lmtaeyti, eresah in niot aushcdr the ntie rpoyre riugtt to eeoc its U.S. ed-aeustr.
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