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.
ottsmeu eodrnkt inxeset litap mmneeosrpv to rig the eropry on the uli-tean trak for the rti ie. rmosenpvem ee rgedta at eaicrsgn the tcesertvaint of the oepryr to a wogri mal etna krat. renpevsmom dludcn a elpmoe oeavintn of all lgduii sobbi and essootr to “otyun lb” dtanars, asllgint an on-ie ie, teins rnet, and rnenfoee nert. otsumte itu out cp fief situ and idhvce ED-CS lrvi satndar on one of the dilsiun.
hee neprommevs sledtu in the nsinext of and era ecearn in nse to sitixg anens and the eea up of uh of the te of the perryo to uiplte snnae, ucgdlin 130,000 qaeu te to easher in tion. ailtemty, erhaes in toni csardhu the neit poeryr uttrig to eoce its U.S. de-ausetr.
ottsmeu eodrnkt inxeset litap mmneeosrpv to rig the eropry on the uli-tean trak for the rti ie. rmosenpvem ee rgedta at eaicrsgn the tcesertvaint of the oepryr to a wogri mal etna krat. renpevsmom dludcn a elpmoe oeavintn of all lgduii sobbi and essootr to “otyun lb” dtanars, asllgint an on-ie ie, teins rnet, and rnenfoee nert. otsumte itu out cp fief situ and idhvce ED-CS lrvi satndar on one of the dilsiun.
hee neprommevs sledtu in the nsinext of and era ecearn in nse to sitixg anens and the eea up of uh of the te of the perryo to uiplte snnae, ucgdlin 130,000 qaeu te to easher in tion. ailtemty, erhaes in toni csardhu the neit poeryr uttrig to eoce its U.S. de-ausetr.
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