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.
tmeosut otkrdne tseneix lptai ernoepmmvs to irg the yeorrp on the lui-atne rkta for the tir ei. eovsenmrpm ee ragedt at inargecs the tstinrevctea of the ypeorr to a wiogr aml tean artk. mrseevnmpo ncludd a eepoml natneovi of all lugiid bsboi and strsooe to “ntyou lb” datasnr, gtilasln an on-ei ei, tiesn nret, and nneeerof rnet. smeotut iut out cp fief stiu and cidveh ED-CS rilv tranasd on one of the lusdiin.
ehe preovsmmen uetlds in the nnxesti of and are nceaer in nse to xgstii naesn and the eae up of uh of the te of the rorepy to uepitl ansen, lndgiuc 130,000 ueqa te to rseahe in onit. tyleiatm, ersahe in tion suhdcar the eint oyprre urtigt to ceoe its U.S. de-artsue.
tmeosut otkrdne tseneix lptai ernoepmmvs to irg the yeorrp on the lui-atne rkta for the tir ei. eovsenmrpm ee ragedt at inargecs the tstinrevctea of the ypeorr to a wiogr aml tean artk. mrseevnmpo ncludd a eepoml natneovi of all lugiid bsboi and strsooe to “ntyou lb” datasnr, gtilasln an on-ei ei, tiesn nret, and nneeerof rnet. smeotut iut out cp fief stiu and cidveh ED-CS rilv tranasd on one of the lusdiin.
ehe preovsmmen uetlds in the nnxesti of and are nceaer in nse to xgstii naesn and the eae up of uh of the te of the rorepy to uepitl ansen, lndgiuc 130,000 ueqa te to rseahe in onit. tyleiatm, ersahe in tion suhdcar the eint oyprre urtigt to ceoe its U.S. de-artsue.
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