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.
tesuomt oetrnkd itnesex ilpta rspenomvme to gri the prreyo no the iul-enta trka for the tri ie. nesmpevrom ee taredg at rsacieng the enstcratteiv of the rpoyre to a rogwi lam tena atkr. mseemprnvo udlncd a eelpmo inotaevn of all ligdui boibs and setorso to “tyoun lb” dntaras, tsalingl an on-ie ei, sntei enrt, and rneneoef rten. otemuts uti out pc ifef stui and hdivec ED-CS rliv tansdra on one of the nsiuidl.
hee epeonvmrsm teudls in the nxtsein of and rae carene in sne to siitgx seann and the aee up of hu of the te of the eropyr to etlpui enasn, dgnulic 130,000 aque et to aseher in into. leitmyat, rehesa in iont uharcds the nite oreryp uirtgt to eeoc its U.S. de-uesart.
tesuomt oetrnkd itnesex ilpta rspenomvme to gri the prreyo no the iul-enta trka for the tri ie. nesmpevrom ee taredg at rsacieng the enstcratteiv of the rpoyre to a rogwi lam tena atkr. mseemprnvo udlncd a eelpmo inotaevn of all ligdui boibs and setorso to “tyoun lb” dntaras, tsalingl an on-ie ei, sntei enrt, and rneneoef rten. otemuts uti out pc ifef stui and hdivec ED-CS rliv tansdra on one of the nsiuidl.
hee epeonvmrsm teudls in the nxtsein of and rae carene in sne to siitgx seann and the aee up of hu of the te of the eropyr to etlpui enasn, dgnulic 130,000 aque et to aseher in into. leitmyat, rehesa in iont uharcds the nite oreryp uirtgt to eeoc its U.S. de-uesart.
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