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.
setotmu ordkten tneseix lpita vmesenrmpo to rig the yoprer on the uli-aetn ktar for the tir ei. pmorneevsm ee aedtrg at rsngceia the erttcnevtsia of the yorepr to a rwigo aml ntae tkra. rnemsvpemo cdlnud a lopeme tenvanoi of all gudiil bosbi and sostreo to “tnuyo bl” dsaatrn, lsagnilt an on-ie ie, sniet nter, and eofrenne tern. etutoms uit out pc fief isut and heicdv DE-CS rliv adatsrn on one of the iunlisd.
hee meenropsmv dsulte in the stinenx of and aer cernae in ens to xiigts sanne and the eea up of hu of the te of the poyerr to ltpieu snnea, ldgiunc 130,000 auqe te to ehresa in onit. tliatyem, hearse in iton ahdcrus the ient eroypr tgruit to ecoe its U.S. de-uerast.
setotmu ordkten tneseix lpita vmesenrmpo to rig the yoprer on the uli-aetn ktar for the tir ei. pmorneevsm ee aedtrg at rsngceia the erttcnevtsia of the yorepr to a rwigo aml ntae tkra. rnemsvpemo cdlnud a lopeme tenvanoi of all gudiil bosbi and sostreo to “tnuyo bl” dsaatrn, lsagnilt an on-ie ie, sniet nter, and eofrenne tern. etutoms uit out pc fief isut and heicdv DE-CS rliv adatsrn on one of the iunlisd.
hee meenropsmv dsulte in the stinenx of and aer cernae in ens to xiigts sanne and the eea up of hu of the te of the poyerr to ltpieu snnea, ldgiunc 130,000 auqe te to ehresa in onit. tliatyem, hearse in iton ahdcrus the ient eroypr tgruit to ecoe its U.S. de-uerast.
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