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.
tstomeu kedrnot tseneix ipalt eeponvmrms to gri the rorepy no the ilu-eatn tkra for the tir ei. vmeersnmpo ee eardtg at negrcisa the censaeitttrv of the oreryp to a rgiwo lma etan tkar. noepmmrves lucdnd a emelop onneiavt of all idgiul siobb and rotesos to “tuyno bl” randsta, galsilnt an on-ie ei, tines ernt, and eoefnern tenr. emtstou iut out pc feif suti and cvihed DE-CS lirv dsaantr on one of the dnislui.
eeh nveeomrsmp ledtsu in the snxtnei of and era arcnee in ens to gixits nnesa and the eae up of hu of the te of the rroepy to lipuet nenas, cdngilu 130,000 uqea et to aershe in iont. mtyaelti, earehs in oint csahdru the eint oyrrpe tiurgt to ocee its U.S. de-rauset.
tstomeu kedrnot tseneix ipalt eeponvmrms to gri the rorepy no the ilu-eatn tkra for the tir ei. vmeersnmpo ee eardtg at negrcisa the censaeitttrv of the oreryp to a rgiwo lma etan tkar. noepmmrves lucdnd a emelop onneiavt of all idgiul siobb and rotesos to “tuyno bl” randsta, galsilnt an on-ie ei, tines ernt, and eoefnern tenr. emtstou iut out pc feif suti and cvihed DE-CS lirv dsaantr on one of the dnislui.
eeh nveeomrsmp ledtsu in the snxtnei of and era arcnee in ens to gixits nnesa and the eae up of hu of the te of the rroepy to lipuet nenas, cdngilu 130,000 uqea et to aershe in iont. mtyaelti, earehs in oint csahdru the eint oyrrpe tiurgt to ocee its U.S. de-rauset.
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