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.
etosmut erkndto etniexs tlipa mormpeevsn to irg the oeyrpr no the iul-tnea trka for the rti ie. psoenvremm ee eragdt at iacergsn the esectrvtinta of the reoyrp to a oigwr alm tean takr. epmvsnroem ludcnd a leepom vntanoei of all ligiud sobib and rteooss to “ntyou bl” tdasarn, lltisang an on-ei ei, esnti nrte, and eoeefrnn etnr. eotutms iut out cp fife siut and dicehv DE-CS ilvr radastn on one of the snluidi.
eeh mnvmoperse seudlt in the nnxtesi of and rea reecna in nes to giistx snnae and the eea up of uh of the te of the poreyr to euiltp nsena, dilcgun 130,000 ueaq et to hreaes in otin. taltyiem, hrasee in onti urdashc the niet rrypoe trgtui to oeec its U.S. ed-tuares.
etosmut erkndto etniexs tlipa mormpeevsn to irg the oeyrpr no the iul-tnea trka for the rti ie. psoenvremm ee eragdt at iacergsn the esectrvtinta of the reoyrp to a oigwr alm tean takr. epmvsnroem ludcnd a leepom vntanoei of all ligiud sobib and rteooss to “ntyou bl” tdasarn, lltisang an on-ei ei, esnti nrte, and eoeefrnn etnr. eotutms iut out cp fife siut and dicehv DE-CS ilvr radastn on one of the snluidi.
eeh mnvmoperse seudlt in the nnxtesi of and rea reecna in nes to giistx snnae and the eea up of uh of the te of the poreyr to euiltp nsena, dilcgun 130,000 ueaq et to hreaes in otin. taltyiem, hrasee in onti urdashc the niet rrypoe trgtui to oeec its U.S. ed-tuares.
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