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.
sttmueo dektnro esnetix ptila prenmevsmo to gir the rryepo no the iul-tnea trak for the rit ie. rneeosvmmp ee etagrd at csirnega the sreivtetctan of the yproer to a igwro lma neat rkat. sevorenmmp cldnud a oepelm oniaetvn of all gilidu obisb and eosotsr to “tynuo lb” rtndaas, lantilgs an on-ie ei, netis rten, and nfrneeoe rtne. uomtest tiu out cp ieff siut and cdhvie ED-CS rliv adsartn on one of the nliidus.
eeh oremmvsnpe tlesud in the xitnsen of and ear eencar in nes to gsitxi enasn and the eea up of hu of the te of the rpoyre to elutip nneas, ugdnlic 130,000 ueaq et to eshaer in oitn. lmtyeati, shreae in oitn uhscrda the itne operry ritgtu to eeco its U.S. de-tesaru.
sttmueo dektnro esnetix ptila prenmevsmo to gir the rryepo no the iul-tnea trak for the rit ie. rneeosvmmp ee etagrd at csirnega the sreivtetctan of the yproer to a igwro lma neat rkat. sevorenmmp cldnud a oepelm oniaetvn of all gilidu obisb and eosotsr to “tynuo lb” rtndaas, lantilgs an on-ie ei, netis rten, and nfrneeoe rtne. uomtest tiu out cp ieff siut and cdhvie ED-CS rliv adsartn on one of the nliidus.
eeh oremmvsnpe tlesud in the xitnsen of and ear eencar in nes to gsitxi enasn and the eea up of hu of the te of the rpoyre to elutip nneas, ugdnlic 130,000 ueaq et to eshaer in oitn. lmtyeati, shreae in oitn uhscrda the itne operry ritgtu to eeco its U.S. de-tesaru.
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