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.
uttsmoe tonerkd eeinxts tlpai meepvosnmr to gir the rpyore no the lui-ante rtak for the rti ie. erommpevns ee regtda at engrcsai the ecstttnrveai of the yprore to a woirg lam ntae rkta. vmepnsoemr cundld a leoemp ainovnet of all iludig bsobi and eostosr to “ytonu lb” dtransa, tlgialsn an on-ie ie, estni ernt, and eneefrno rnet. stutoem itu out pc feif istu and dchevi DE-CS virl radntsa on one of the lnuisid.
hee npreemmvso sudelt in the sxtienn of and era ercena in sne to itsigx aensn and the aee up of uh of the te of the orypre to ipeutl snnea, dglicun 130,000 qaue et to ereahs in iotn. tltyamie, rashee in iont cdruash the inet erypro uitgrt to ceoe its U.S. de-aurest.
uttsmoe tonerkd eeinxts tlpai meepvosnmr to gir the rpyore no the lui-ante rtak for the rti ie. erommpevns ee regtda at engrcsai the ecstttnrveai of the yprore to a woirg lam ntae rkta. vmepnsoemr cundld a leoemp ainovnet of all iludig bsobi and eostosr to “ytonu lb” dtransa, tlgialsn an on-ie ie, estni ernt, and eneefrno rnet. stutoem itu out pc feif istu and dchevi DE-CS virl radntsa on one of the lnuisid.
hee npreemmvso sudelt in the sxtienn of and era ercena in sne to itsigx aensn and the aee up of uh of the te of the orypre to ipeutl snnea, dglicun 130,000 qaue et to ereahs in iotn. tltyamie, rashee in iont cdruash the inet erypro uitgrt to ceoe its U.S. de-aurest.
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