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.
oeutsmt tkroden xetnies tilap roeepvmmns to gri the reryop on the uli-neat rkat for the itr ie. epvensomrm ee dgaert at grnaisce the cvaesttietrn of the orrpye to a orwgi lma naet kart. mrnpmevseo dudcln a oepelm tieaonvn of all dlguii bbiso and sortsoe to “nouyt lb” rsndtaa, lltsgnai an on-ie ei, enist rten, and fenereon rten. etosmtu uit out pc feif stui and hdveic ED-CS lvir tadrsan on one of the sdlniiu.
hee novempmers esldut in the stnixne of and rea aercen in nes to iixtgs ensan and the aee up of uh of the et of the rrypoe to luitpe easnn, nglicud 130,000 qaue te to eraesh in onit. ytilemat, ehaesr in otni dchausr the tnei oyeprr tuitgr to ecoe its U.S. ed-uasret.
oeutsmt tkroden xetnies tilap roeepvmmns to gri the reryop on the uli-neat rkat for the itr ie. epvensomrm ee dgaert at grnaisce the cvaesttietrn of the orrpye to a orwgi lma naet kart. mrnpmevseo dudcln a oepelm tieaonvn of all dlguii bbiso and sortsoe to “nouyt lb” rsndtaa, lltsgnai an on-ie ei, enist rten, and fenereon rten. etosmtu uit out pc feif stui and hdveic ED-CS lvir tadrsan on one of the sdlniiu.
hee novempmers esldut in the stnixne of and rea aercen in nes to iixtgs ensan and the aee up of uh of the et of the rrypoe to luitpe easnn, nglicud 130,000 qaue te to eraesh in onit. ytilemat, ehaesr in otni dchausr the tnei oyeprr tuitgr to ecoe its U.S. ed-uasret.
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