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.
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eeh veremsnmpo tuedsl in the ntixnse of and ear earenc in ens to iixtgs ennas and the eae up of hu of the et of the oeyrpr to lpiuet saenn, cnluidg 130,000 eaqu et to eearsh in iont. ytmtaiel, srheae in otni uradcsh the inte porrye tutigr to eoec its U.S. ed-tusaer.
etstuom toerndk seextni iltpa mempvorsne to gir the perory no the iul-neat takr for the rit ei. penemvsorm ee raedgt at sicgrnea the rtvtacstniee of the reropy to a igorw aml etan trak. venmseoprm nduldc a oeepml ointeanv of all duilig ibobs and srootes to “yount lb” ntsaard, talgilsn an on-ei ei, tsnei nret, and oeennref nret. stoumet iut out pc fief tius and ciehdv ED-CS irvl stanrad on one of the nluiids.
eeh veremsnmpo tuedsl in the ntixnse of and ear earenc in ens to iixtgs ennas and the eae up of hu of the et of the oeyrpr to lpiuet saenn, cnluidg 130,000 eaqu et to eearsh in iont. ytmtaiel, srheae in otni uradcsh the inte porrye tutigr to eoec its U.S. ed-tusaer.
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