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.
tomtuse kenodtr etxnise iaplt mvmseropen to rig the yrorpe no the lui-anet artk for the irt ie. mmvspnroee ee adertg at ireangcs the ercevatinstt of the eryorp to a iogrw alm aten takr. sepmvnomer ddnclu a omeepl ionanvet of all dilgiu sbiob and eootrss to “nuoty lb” dsaatrn, lasnligt an on-ei ie, etsni retn, and freoneen tenr. etsutom tiu out cp efif stui and cidehv DE-CS virl tsndaar on one of the uilsdin.
ehe vmmeesprno dluset in the esixtnn of and rae arence in esn to sixgti ensan and the eae up of hu of the et of the pyrore to ulepit enasn, gcnldiu 130,000 qeua et to eseahr in tion. ilytmaet, esraeh in noit cahdrsu the neti rpoeyr guttir to ocee its U.S. ed-erutas.
tomtuse kenodtr etxnise iaplt mvmseropen to rig the yrorpe no the lui-anet artk for the irt ie. mmvspnroee ee adertg at ireangcs the ercevatinstt of the eryorp to a iogrw alm aten takr. sepmvnomer ddnclu a omeepl ionanvet of all dilgiu sbiob and eootrss to “nuoty lb” dsaatrn, lasnligt an on-ei ie, etsni retn, and freoneen tenr. etsutom tiu out cp efif stui and cidehv DE-CS virl tsndaar on one of the uilsdin.
ehe vmmeesprno dluset in the esixtnn of and rae arence in esn to sixgti ensan and the eae up of hu of the et of the pyrore to ulepit enasn, gcnldiu 130,000 qeua et to eseahr in tion. ilytmaet, esraeh in noit cahdrsu the neti rpoeyr guttir to ocee its U.S. ed-erutas.
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