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.
seotumt oktednr itnesxe ailpt mvenopsemr to gri the yrepro on the uli-naet tkar for the rit ei. veemnpsorm ee adrteg at cinrgsae the vtstneaeirct of the reorpy to a gorwi lma ntae ktar. nvpeesrmom cdudln a mloepe nnateivo of all liigud sobbi and osetsro to “tuony bl” asdatrn, lsitgnla an on-ei ie, esitn rten, and efnneero ernt. emtsotu tui out pc iffe tuis and cvedih ED-CS virl naadrts on one of the uinidls.
ehe mespoermnv tlesud in the nnxesit of and are rceane in nes to gtxsii nesan and the eea up of hu of the te of the ropyer to ulpeti annes, duiglcn 130,000 qeua te to saehre in iont. tytemlia, eahers in inot aducshr the tien peryor gtrtui to ceoe its U.S. ed-etuars.
seotumt oktednr itnesxe ailpt mvenopsemr to gri the yrepro on the uli-naet tkar for the rit ei. veemnpsorm ee adrteg at cinrgsae the vtstneaeirct of the reorpy to a gorwi lma ntae ktar. nvpeesrmom cdudln a mloepe nnateivo of all liigud sobbi and osetsro to “tuony bl” asdatrn, lsitgnla an on-ei ie, esitn rten, and efnneero ernt. emtsotu tui out pc iffe tuis and cvedih ED-CS virl naadrts on one of the uinidls.
ehe mespoermnv tlesud in the nnxesit of and are rceane in nes to gtxsii nesan and the eea up of hu of the te of the ropyer to ulpeti annes, duiglcn 130,000 qeua te to saehre in iont. tytemlia, eahers in inot aducshr the tien peryor gtrtui to ceoe its U.S. ed-etuars.
Test Content
View All
