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.
mustteo ndtkeor eistenx atlip evrmmepsno to irg the poyrer on the uli-etan atrk for the rit ie. oepenrsvmm ee rgaetd at scaniegr the eanvittrcest of the rypore to a iorgw alm enta artk. opnersemmv dcnldu a elmepo vnoteian of all duigli iosbb and troosse to “yunot lb” ndatras, latnsigl an on-ei ei, ensit tner, and roeenfen ntre. tuoetsm uti out cp feif tisu and ecvihd ED-CS vril tradsan on one of the luiisnd.
ehe pnvmomesre tsulde in the tiensxn of and rae cernea in ens to gxtsii snean and the eae up of uh of the te of the rproey to liptue nanse, nclgdui 130,000 auqe et to sahree in tnio. mtiltaey, sarehe in onti aurhcsd the ntei rpyero trguti to eeoc its U.S. de-rtesua.
mustteo ndtkeor eistenx atlip evrmmepsno to irg the poyrer on the uli-etan atrk for the rit ie. oepenrsvmm ee rgaetd at scaniegr the eanvittrcest of the rypore to a iorgw alm enta artk. opnersemmv dcnldu a elmepo vnoteian of all duigli iosbb and troosse to “yunot lb” ndatras, latnsigl an on-ei ei, ensit tner, and roeenfen ntre. tuoetsm uti out cp feif tisu and ecvihd ED-CS vril tradsan on one of the luiisnd.
ehe pnvmomesre tsulde in the tiensxn of and rae cernea in ens to gxtsii snean and the eae up of uh of the te of the rproey to liptue nanse, nclgdui 130,000 auqe et to sahree in tnio. mtiltaey, sarehe in onti aurhcsd the ntei rpyero trguti to eeoc its U.S. de-rtesua.
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