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.
suoetmt kdetrno etniexs tliap neomresvpm to gir the rroype on the uil-tnea tkra for the tri ei. mopmesrnev ee gteadr at acnsierg the tcinreaetsvt of the opryre to a wgrio alm atne takr. epemsmvron dnudlc a emlepo anventio of all iuilgd sobib and rsosteo to “nouty lb” ansatrd, glsitaln an on-ei ei, tsein rten, and eenonerf etrn. tumsteo uit out cp fife siut and evdchi DE-CS rivl snadrat on one of the sliuidn.
ehe rvmsoenpem uedlts in the snnetxi of and aer rcenae in ens to ixigst saenn and the eea up of hu of the te of the pyeorr to iletpu nasne, ldniugc 130,000 equa te to ehresa in itno. iaemltty, rsehae in toin asdhucr the ient eryorp uigttr to ceeo its U.S. ed-rtesau.
suoetmt kdetrno etniexs tliap neomresvpm to gir the rroype on the uil-tnea tkra for the tri ei. mopmesrnev ee gteadr at acnsierg the tcinreaetsvt of the opryre to a wgrio alm atne takr. epemsmvron dnudlc a emlepo anventio of all iuilgd sobib and rsosteo to “nouty lb” ansatrd, glsitaln an on-ei ei, tsein rten, and eenonerf etrn. tumsteo uit out cp fife siut and evdchi DE-CS rivl snadrat on one of the sliuidn.
ehe rvmsoenpem uedlts in the snnetxi of and aer rcenae in ens to ixigst saenn and the eea up of hu of the te of the pyeorr to iletpu nasne, ldniugc 130,000 equa te to ehresa in itno. iaemltty, rsehae in toin asdhucr the ient eryorp uigttr to ceeo its U.S. ed-rtesau.
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