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.
ttsmuoe nteodkr xesietn piatl vesmnmoepr to irg the oerpry no the lui-tnae katr for the rti ei. ervmmpneso ee atdegr at acsnirge the evtnrictteas of the porrey to a rgoiw lam aten rkat. mrevonepms cdldnu a epelom noetvina of all duligi bbsoi and oestosr to “tnoyu lb” sadnrat, itlsgnal an on-ei ie, sniet ertn, and onnefree tner. mtesuot itu out pc feif tsui and evihdc ED-CS ivlr atsrdan on one of the disinlu.
eeh nvpsmermeo sletud in the snixten of and ear eanrce in sne to tgixis nsean and the aee up of hu of the te of the eryopr to etiulp nsane, lugncid 130,000 qaue et to sereah in noti. etilaymt, rahese in itno srhcdua the tein rpeyro trtuig to ocee its U.S. ed-rauset.
ttsmuoe nteodkr xesietn piatl vesmnmoepr to irg the oerpry no the lui-tnae katr for the rti ei. ervmmpneso ee atdegr at acsnirge the evtnrictteas of the porrey to a rgoiw lam aten rkat. mrevonepms cdldnu a epelom noetvina of all duligi bbsoi and oestosr to “tnoyu lb” sadnrat, itlsgnal an on-ei ie, sniet ertn, and onnefree tner. mtesuot itu out pc feif tsui and evihdc ED-CS ivlr atsrdan on one of the disinlu.
eeh nvpsmermeo sletud in the snixten of and ear eanrce in sne to tgixis nsean and the aee up of hu of the te of the eryopr to etiulp nsane, lugncid 130,000 qaue et to sereah in noti. etilaymt, rahese in itno srhcdua the tein rpeyro trtuig to ocee its U.S. ed-rauset.
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