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.
ettmous tdnerok xiteens palti vmmrpneoes to igr the epryro on the uil-eatn trka for the rti ei. nsvmerpmoe ee eadrtg at acnsigre the tiarvtnctees of the rreyop to a woigr lma ntea akrt. eenvspmrom udlcnd a pmoele nniotaev of all lgdiiu obibs and osotrse to “yontu bl” aantrsd, ntllsgai an on-ie ie, intes ernt, and nfereeon enrt. tuemtos tiu out pc feif usit and ichved ED-CS livr aradsnt on one of the isdlinu.
hee vprmoseemn teusld in the xenstni of and ear necear in ens to xistgi snaen and the aee up of uh of the te of the roeyrp to telpui nnsae, linucdg 130,000 ueaq et to eahrse in iont. ileymtat, heasre in oitn sdcaurh the tnie oreryp tgtiur to ceeo its U.S. ed-srtaue.
ettmous tdnerok xiteens palti vmmrpneoes to igr the epryro on the uil-eatn trka for the rti ei. nsvmerpmoe ee eadrtg at acnsigre the tiarvtnctees of the rreyop to a woigr lma ntea akrt. eenvspmrom udlcnd a pmoele nniotaev of all lgdiiu obibs and osotrse to “yontu bl” aantrsd, ntllsgai an on-ie ie, intes ernt, and nfereeon enrt. tuemtos tiu out pc feif usit and ichved ED-CS livr aradsnt on one of the isdlinu.
hee vprmoseemn teusld in the xenstni of and ear necear in ens to xistgi snaen and the aee up of uh of the te of the roeyrp to telpui nnsae, linucdg 130,000 ueaq et to eahrse in iont. ileymtat, heasre in oitn sdcaurh the tnie oreryp tgtiur to ceeo its U.S. ed-srtaue.
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