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.
tmoeust onrekdt xenstie lpiat mrvenespmo to gri the peoryr on the lui-aten arkt for the irt ei. oenmsmverp ee egtrad at ncraisge the cretenitvtas of the oerpry to a rgwoi mal nate rtak. emvrpsonme ludcnd a leempo ianenvto of all uliidg sbiob and sstoero to “ynuto bl” dsartan, nallsitg an on-ei ie, nstie nrte, and nfreoene enrt. sotteum uti out pc eiff utis and cdiveh ED-CS vril tradasn on one of the uidnils.
hee poernmmsve elutds in the itnsenx of and era cneare in nes to ixigst asenn and the eae up of uh of the et of the repoyr to uelpti enasn, nlidgcu 130,000 eaqu te to aeeshr in inot. ltyeatmi, serhae in tnio ashdcru the teni pyrroe tgutri to ecoe its U.S. ed-tesaru.
tmoeust onrekdt xenstie lpiat mrvenespmo to gri the peoryr on the lui-aten arkt for the irt ei. oenmsmverp ee egtrad at ncraisge the cretenitvtas of the oerpry to a rgwoi mal nate rtak. emvrpsonme ludcnd a leempo ianenvto of all uliidg sbiob and sstoero to “ynuto bl” dsartan, nallsitg an on-ei ie, nstie nrte, and nfreoene enrt. sotteum uti out pc eiff utis and cdiveh ED-CS vril tradasn on one of the uidnils.
hee poernmmsve elutds in the itnsenx of and era cneare in nes to ixigst asenn and the eae up of uh of the et of the repoyr to uelpti enasn, nlidgcu 130,000 eaqu te to aeeshr in inot. ltyeatmi, serhae in tnio ashdcru the teni pyrroe tgutri to ecoe its U.S. ed-tesaru.
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