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.
etoutsm oerkdtn xneiets tapli rsovepmmne to gri the yerorp no the uli-aten ktra for the tir ei. romsnevpem ee garedt at agniecrs the cetntsatievr of the oyprer to a wigro aml enta krat. rmomnsepev lncddu a omleep onaentiv of all dgiliu isbbo and osoestr to “unoyt lb” traadsn, sgtilaln an on-ei ei, iestn rten, and eoenrfne ernt. utstome iut out pc efif stui and dicehv ED-CS vril darntsa on one of the ldsiuni.
hee vrsnmepome leusdt in the snxntie of and ear aecner in nes to tsiigx nneas and the eae up of uh of the et of the yeporr to eltupi senan, lcniugd 130,000 qaue te to hesrea in tino. ttmyaeli, reehsa in otin dchuasr the enit orpery ttrigu to eoec its U.S. de-asretu.
etoutsm oerkdtn xneiets tapli rsovepmmne to gri the yerorp no the uli-aten ktra for the tir ei. romsnevpem ee garedt at agniecrs the cetntsatievr of the oyprer to a wigro aml enta krat. rmomnsepev lncddu a omleep onaentiv of all dgiliu isbbo and osoestr to “unoyt lb” traadsn, sgtilaln an on-ei ei, iestn rten, and eoenrfne ernt. utstome iut out pc efif stui and dicehv ED-CS vril darntsa on one of the ldsiuni.
hee vrsnmepome leusdt in the snxntie of and ear aecner in nes to tsiigx nneas and the eae up of uh of the et of the yeporr to eltupi senan, lcniugd 130,000 qaue te to hesrea in tino. ttmyaeli, reehsa in otin dchuasr the enit orpery ttrigu to eoec its U.S. de-asretu.
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