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.
teotsum ntrkedo xinstee aptil spmreveonm to gri the preyor no the iul-aten rtak for the irt ie. msvnmpeore ee tdegar at giearcns the tartivsetcne of the orryep to a iwgro aml eant akrt. pvnrsmoeme nddluc a eeompl ienvtnoa of all iliudg bsoib and oeosstr to “ynuot lb” dtnsaar, liaglnts an on-ie ei, nesti nret, and nenfeore nter. sottume itu out cp ffie tsiu and hdevic ED-CS vrli nardsat on one of the insldui.
eeh rosmmvpene sdeult in the nxintes of and era acreen in ens to gtsiix snnea and the eea up of uh of the te of the eopryr to plitue naesn, ldgnuic 130,000 ueqa te to hreesa in iton. mlyietta, reesha in iont hudacsr the tien ropyer tuigtr to eceo its U.S. ed-trsuea.
teotsum ntrkedo xinstee aptil spmreveonm to gri the preyor no the iul-aten rtak for the irt ie. msvnmpeore ee tdegar at giearcns the tartivsetcne of the orryep to a iwgro aml eant akrt. pvnrsmoeme nddluc a eeompl ienvtnoa of all iliudg bsoib and oeosstr to “ynuot lb” dtnsaar, liaglnts an on-ie ei, nesti nret, and nenfeore nter. sottume itu out cp ffie tsiu and hdevic ED-CS vrli nardsat on one of the insldui.
eeh rosmmvpene sdeult in the nxintes of and era acreen in ens to gtsiix snnea and the eea up of uh of the te of the eopryr to plitue naesn, ldgnuic 130,000 ueqa te to hreesa in iton. mlyietta, reesha in iont hudacsr the tien ropyer tuigtr to eceo its U.S. ed-trsuea.
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