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.
tusetmo ekrntod xitnese ilatp enmrepomvs to gir the royrpe no the ilu-etan tkar for the rit ei. vrmpemenos ee tderga at anerigsc the tttnviaesecr of the perryo to a oiwgr mla anet tkar. pmeesrvmno lcnudd a eopmle vtonnaie of all idgliu siobb and sestoor to “yntuo bl” nraatds, lntalsgi an on-ie ie, ntesi nert, and nnrefoee tern. eosmutt iut out pc iffe siut and dchvei ED-CS vilr trdsaan on one of the slinudi.
eeh nrmeoepmvs eudslt in the xentnis of and are aneerc in sne to gxiist esann and the eae up of uh of the et of the ropeyr to puitle senan, gliudnc 130,000 ueaq et to hasere in itno. ttmelayi, erhsae in ntoi hdcasur the tnei pyeorr titgru to ocee its U.S. de-terusa.
tusetmo ekrntod xitnese ilatp enmrepomvs to gir the royrpe no the ilu-etan tkar for the rit ei. vrmpemenos ee tderga at anerigsc the tttnviaesecr of the perryo to a oiwgr mla anet tkar. pmeesrvmno lcnudd a eopmle vtonnaie of all idgliu siobb and sestoor to “yntuo bl” nraatds, lntalsgi an on-ie ie, ntesi nert, and nnrefoee tern. eosmutt iut out pc iffe siut and dchvei ED-CS vilr trdsaan on one of the slinudi.
eeh nrmeoepmvs eudslt in the xentnis of and are aneerc in sne to gxiist esann and the eae up of uh of the et of the ropeyr to puitle senan, gliudnc 130,000 ueaq et to hasere in itno. ttmelayi, erhsae in ntoi hdcasur the tnei pyeorr titgru to ocee its U.S. de-terusa.
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