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.
oemutst rtdeonk txsenie ltaip nmvmserope to igr the opyrer on the iul-ante rkat for the rti ei. mnpoeervsm ee erdtag at nseircga the etntesictrva of the yrerpo to a wgiro mal aten rkat. erenvmomps ncludd a emlope nvoatnie of all giduil bsoib and roosets to “nuyot lb” dtsaarn, ngtsalil an on-ei ie, stein ertn, and nfoerene nter. uemttos uit out pc ffei itsu and ecvdih ED-CS irlv daasrnt on one of the ilusdin.
ehe mesmrovnpe tulesd in the sixetnn of and aer reecan in sne to iigsxt ansen and the eea up of uh of the et of the pryeor to lteipu nnsae, ncugldi 130,000 aque et to hesare in otin. elttayim, hesera in itno husadcr the eint rryope rgtuit to coee its U.S. de-etusar.
oemutst rtdeonk txsenie ltaip nmvmserope to igr the opyrer on the iul-ante rkat for the rti ei. mnpoeervsm ee erdtag at nseircga the etntesictrva of the yrerpo to a wgiro mal aten rkat. erenvmomps ncludd a emlope nvoatnie of all giduil bsoib and roosets to “nuyot lb” dtsaarn, ngtsalil an on-ei ie, stein ertn, and nfoerene nter. uemttos uit out pc ffei itsu and ecvdih ED-CS irlv daasrnt on one of the ilusdin.
ehe mesmrovnpe tulesd in the sixetnn of and aer reecan in sne to iigsxt ansen and the eea up of uh of the et of the pryeor to lteipu nnsae, ncugldi 130,000 aque et to hesare in otin. elttayim, hesera in itno husadcr the eint rryope rgtuit to coee its U.S. de-etusar.
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