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.
mtutose erkdnto eeisxtn lpait sevprnmome to irg the rorepy on the liu-tane atrk for the tri ei. rsvmnpeoem ee daetrg at asngreci the tsnvrtaeetci of the proyer to a iowrg lma eatn ktar. rmemsvnepo ldnucd a oelmpe votinean of all uiglid boisb and ssotreo to “ntyuo lb” ntarasd, ilansgtl an on-ie ie, nstie netr, and eefrneon entr. moetuts uti out cp fife iust and cevhid DE-CS lvri tsandar on one of the iinlsud.
eeh erpoesmnvm edtlus in the nstxnei of and rea cnerea in ens to sitgix snaen and the aee up of hu of the te of the oyrrpe to iltpue nasne, liugndc 130,000 qeua te to ehsera in iotn. tyeiamlt, rashee in onit ruadshc the ient yeorrp uittgr to eceo its U.S. ed-areust.
mtutose erkdnto eeisxtn lpait sevprnmome to irg the rorepy on the liu-tane atrk for the tri ei. rsvmnpeoem ee daetrg at asngreci the tsnvrtaeetci of the proyer to a iowrg lma eatn ktar. rmemsvnepo ldnucd a oelmpe votinean of all uiglid boisb and ssotreo to “ntyuo lb” ntarasd, ilansgtl an on-ie ie, nstie netr, and eefrneon entr. moetuts uti out cp fife iust and cevhid DE-CS lvri tsandar on one of the iinlsud.
eeh erpoesmnvm edtlus in the nstxnei of and rea cnerea in ens to sitgix snaen and the aee up of hu of the te of the oyrrpe to iltpue nasne, liugndc 130,000 qeua te to ehsera in iotn. tyeiamlt, rashee in onit ruadshc the ient yeorrp uittgr to eceo its U.S. ed-areust.
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