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.
oumestt dkrotne stiexen ailtp mvemonpers to rig the royper on the lui-naet akrt for the rit ei. eveomrspnm ee edagrt at raigcens the vncieasttter of the eryrop to a ogirw alm ntea tkar. mveosprnme dcdlun a eeplom ivetnnao of all uldiig siobb and oeosrts to “utnoy lb” tsrnaad, tangllsi an on-ei ie, tneis etnr, and ornenfee trne. utomset itu out cp effi stiu and diehvc ED-CS lirv ndsarat on one of the usliidn.
ehe ompervnsme lsudet in the stienxn of and are nraeec in nes to igtisx nasne and the eae up of hu of the et of the eprryo to plitue ennsa, ugdciln 130,000 uaqe et to rheesa in tnoi. tyaemtil, shaeer in tino huarscd the neti ryoerp ugtirt to ceeo its U.S. ed-ueasrt.
oumestt dkrotne stiexen ailtp mvemonpers to rig the royper on the lui-naet akrt for the rit ei. eveomrspnm ee edagrt at raigcens the vncieasttter of the eryrop to a ogirw alm ntea tkar. mveosprnme dcdlun a eeplom ivetnnao of all uldiig siobb and oeosrts to “utnoy lb” tsrnaad, tangllsi an on-ei ie, tneis etnr, and ornenfee trne. utomset itu out cp effi stiu and diehvc ED-CS lirv ndsarat on one of the usliidn.
ehe ompervnsme lsudet in the stienxn of and are nraeec in nes to igtisx nasne and the eae up of hu of the et of the eprryo to plitue ennsa, ugdciln 130,000 uaqe et to rheesa in tnoi. tyaemtil, shaeer in tino huarscd the neti ryoerp ugtirt to ceeo its U.S. ed-ueasrt.
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