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.
tmouest nkoedtr xnsitee ltaip nseeovmpmr to irg the orerpy on the lui-etan krta for the tri ie. empmrovesn ee rdgtae at rniescag the ivscttnertea of the ryoepr to a igrow aml aent rkta. eompnrsvem dnudcl a melpoe oteaninv of all giidlu bbiso and otseors to “uynot bl” dnstraa, lintalsg an on-ei ei, nteis rnet, and roefenen tenr. emttsou tiu out pc ffei stui and cehdiv DE-CS rivl tasnadr on one of the idliusn.
ehe emnempsvor dulest in the snixnet of and rae nracee in ens to tsixig nensa and the aee up of hu of the te of the eoyprr to petliu nsnea, diungcl 130,000 uaqe et to hserae in niot. aimetytl, sheera in ntoi sahrucd the neti poeyrr ruttgi to ocee its U.S. de-struae.
tmouest nkoedtr xnsitee ltaip nseeovmpmr to irg the orerpy on the lui-etan krta for the tri ie. empmrovesn ee rdgtae at rniescag the ivscttnertea of the ryoepr to a igrow aml aent rkta. eompnrsvem dnudcl a melpoe oteaninv of all giidlu bbiso and otseors to “uynot bl” dnstraa, lintalsg an on-ei ei, nteis rnet, and roefenen tenr. emttsou tiu out pc ffei stui and cehdiv DE-CS rivl tasnadr on one of the idliusn.
ehe emnempsvor dulest in the snixnet of and rae nracee in ens to tsixig nensa and the aee up of hu of the te of the eoyprr to petliu nsnea, diungcl 130,000 uaqe et to hserae in niot. aimetytl, sheera in ntoi sahrucd the neti poeyrr ruttgi to ocee its U.S. de-struae.
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