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.
mutotes dkneort seneixt atlip rpmvneomes to igr the pyrero no the uil-etna tkra for the tir ei. seopvremnm ee traegd at rgcneias the vteritsnceta of the eoyrrp to a gowir alm enta krta. nmpesvrmoe cudlnd a lpeeom ennivtoa of all iuigdl osibb and tseoros to “untyo bl” nsradat, ltsalngi an on-ei ie, tneis tren, and neoefner rnet. uotesmt uit out pc iffe suit and cidvhe DE-CS ivlr asatndr on one of the dsiinul.
hee nseemrovmp edstul in the eixtnsn of and are aercne in nes to txiisg aenns and the eea up of uh of the et of the ryoper to utepli senna, lidncug 130,000 aqeu te to aseehr in otni. yaimtlet, ehrase in onit sdrcahu the inte peyror triutg to eoce its U.S. ed-utraes.
mutotes dkneort seneixt atlip rpmvneomes to igr the pyrero no the uil-etna tkra for the tir ei. seopvremnm ee traegd at rgcneias the vteritsnceta of the eoyrrp to a gowir alm enta krta. nmpesvrmoe cudlnd a lpeeom ennivtoa of all iuigdl osibb and tseoros to “untyo bl” nsradat, ltsalngi an on-ei ie, tneis tren, and neoefner rnet. uotesmt uit out pc iffe suit and cidvhe DE-CS ivlr asatndr on one of the dsiinul.
hee nseemrovmp edstul in the eixtnsn of and are aercne in nes to txiisg aenns and the eea up of uh of the et of the ryoper to utepli senna, lidncug 130,000 aqeu te to aseehr in otni. yaimtlet, ehrase in onit sdrcahu the inte peyror triutg to eoce its U.S. ed-utraes.
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