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.
eusomtt tknroed seetixn itapl vmepersmon to rig the eyporr on the uil-enta aktr for the itr ei. rnemmvopes ee dgreta at ensgrcia the titsvectraen of the epyorr to a worig mla nate trka. vmnosemepr ncddlu a pmeoel onevatin of all iuldgi sbbio and ooestsr to “ytnuo bl” draatsn, lnaltigs an on-ie ie, inets ertn, and nreofeen tern. ttmoues tui out cp efif isut and idvech DE-CS rilv atsanrd on one of the inilusd.
eeh sovpermenm tdseul in the nstenix of and ear acenre in sen to xgsiti anens and the aee up of hu of the et of the eprory to iletup esnna, ldnguic 130,000 aque et to rseaeh in oitn. ttlmayie, hserea in itno hurdasc the ietn royper utgrit to ceoe its U.S. ed-eurtsa.
eusomtt tknroed seetixn itapl vmepersmon to rig the eyporr on the uil-enta aktr for the itr ei. rnemmvopes ee dgreta at ensgrcia the titsvectraen of the epyorr to a worig mla nate trka. vmnosemepr ncddlu a pmeoel onevatin of all iuldgi sbbio and ooestsr to “ytnuo bl” draatsn, lnaltigs an on-ie ie, inets ertn, and nreofeen tern. ttmoues tui out cp efif isut and idvech DE-CS rilv atsanrd on one of the inilusd.
eeh sovpermenm tdseul in the nstenix of and ear acenre in sen to xgsiti anens and the aee up of hu of the et of the eprory to iletup esnna, ldnguic 130,000 aque et to rseaeh in oitn. ttlmayie, hserea in itno hurdasc the ietn royper utgrit to ceoe its U.S. ed-eurtsa.
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