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.
teumsto rtkndoe extesni talpi nmorpvesem to gri the epryro no the ilu-aten ratk for the tri ie. mpmoenrvse ee etrdag at eancgsri the ativretencst of the opeyrr to a griwo mla tane aktr. svpnmemero ddlncu a pmeeol noativen of all lgiidu boisb and ersoost to “uyotn bl” rtdasna, tilanlgs an on-ei ie, setin tren, and oneernef rent. utostme iut out cp ifef suit and devihc DE-CS lriv rsdatan on one of the liiunsd.
eeh mroepnsvme etsdlu in the etxnsin of and aer eaecnr in nes to iisxgt senna and the eae up of uh of the te of the proery to utelpi nsean, lgndcui 130,000 euaq et to areesh in tion. aetitlmy, hreesa in inot rdaushc the enit pyorre iuttgr to coee its U.S. de-ausrte.
teumsto rtkndoe extesni talpi nmorpvesem to gri the epryro no the ilu-aten ratk for the tri ie. mpmoenrvse ee etrdag at eancgsri the ativretencst of the opeyrr to a griwo mla tane aktr. svpnmemero ddlncu a pmeeol noativen of all lgiidu boisb and ersoost to “uyotn bl” rtdasna, tilanlgs an on-ei ie, setin tren, and oneernef rent. utostme iut out cp ifef suit and devihc DE-CS lriv rsdatan on one of the liiunsd.
eeh mroepnsvme etsdlu in the etxnsin of and aer eaecnr in nes to iisxgt senna and the eae up of uh of the te of the proery to utelpi nsean, lgndcui 130,000 euaq et to areesh in tion. aetitlmy, hreesa in inot rdaushc the enit pyorre iuttgr to coee its U.S. de-ausrte.
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