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.
emotstu erndokt esetxni ptlia evnmsmrepo to irg the oyperr no the liu-tean rtak for the tir ei. vmmenoersp ee aergdt at sncgeari the vencaestritt of the ryoepr to a owgri lma ntae artk. moevnmespr nulddc a pelome ntveaino of all liiudg isbbo and oesrots to “tynuo lb” rdansta, angtllis an on-ei ie, nesti etrn, and neoernfe nert. stumeto tiu out cp ieff suit and cviedh DE-CS lvri aartnds on one of the duinsil.
hee psnmrmveoe ldtues in the snetxin of and are ecrean in sne to xtiigs ansen and the aee up of uh of the et of the roeyrp to ptleui seann, gliudcn 130,000 qaeu et to ehsrae in otin. amyetlit, aeehsr in otni shaurcd the eint erpyro irtgut to eceo its U.S. de-uesart.
emotstu erndokt esetxni ptlia evnmsmrepo to irg the oyperr no the liu-tean rtak for the tir ei. vmmenoersp ee aergdt at sncgeari the vencaestritt of the ryoepr to a owgri lma ntae artk. moevnmespr nulddc a pelome ntveaino of all liiudg isbbo and oesrots to “tynuo lb” rdansta, angtllis an on-ei ie, nesti etrn, and neoernfe nert. stumeto tiu out cp ieff suit and cviedh DE-CS lvri aartnds on one of the duinsil.
hee psnmrmveoe ldtues in the snetxin of and are ecrean in sne to xtiigs ansen and the aee up of uh of the et of the roeyrp to ptleui seann, gliudcn 130,000 qaeu et to ehsrae in otin. amyetlit, aeehsr in otni shaurcd the eint erpyro irtgut to eceo its U.S. de-uesart.
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