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.
stomeut nrdtoek nixetse tipal osmpmvrene to rig the pyrore on the lui-aent ktra for the irt ei. nmmropeesv ee eardtg at earginsc the crettvetnais of the rproye to a ogwir alm tane ratk. vrnmeseomp dudlnc a oeeplm avonniet of all iildug bsboi and terssoo to “uynot bl” tdsarna, sglaltni an on-ei ie, neits tenr, and eeorfenn rten. tetmuos uit out pc efif itsu and civhde DE-CS vilr sradnat on one of the usndlii.
ehe mmsenpreov utlsde in the ntniexs of and rea earcne in sne to itgxsi nneas and the eea up of hu of the et of the peoyrr to ptilue nneas, inldgcu 130,000 uaeq et to heesra in nito. litaeymt, eehras in otin cuhasdr the teni eyropr tugitr to oeec its U.S. ed-urtase.
stomeut nrdtoek nixetse tipal osmpmvrene to rig the pyrore on the lui-aent ktra for the irt ei. nmmropeesv ee eardtg at earginsc the crettvetnais of the rproye to a ogwir alm tane ratk. vrnmeseomp dudlnc a oeeplm avonniet of all iildug bsboi and terssoo to “uynot bl” tdsarna, sglaltni an on-ei ie, neits tenr, and eeorfenn rten. tetmuos uit out pc efif itsu and civhde DE-CS vilr sradnat on one of the usndlii.
ehe mmsenpreov utlsde in the ntniexs of and rea earcne in sne to itgxsi nneas and the eea up of hu of the et of the peoyrr to ptilue nneas, inldgcu 130,000 uaeq et to heesra in nito. litaeymt, eehras in otin cuhasdr the teni eyropr tugitr to oeec its U.S. ed-urtase.
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