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.
utsomte rnkdoet xneseti itlpa omrmenspve to gri the yporre no the uil-eant ratk for the tir ei. menrmeospv ee gatdre at rcesaing the stenacitvret of the rorpye to a owirg lma nate rkta. revpsneomm lcdudn a lpeome atnneiov of all iglidu sbobi and srtosoe to “uyotn lb” sadatrn, lantsigl an on-ie ie, nesit ernt, and eenefonr entr. ttmueso uit out pc ifef istu and dcihve DE-CS irlv nrdsaat on one of the sniidul.
ehe epvneorsmm udetsl in the xinnets of and aer caener in sen to sgixit naens and the eae up of hu of the et of the ryreop to elitup nnsae, dicugnl 130,000 aeuq et to haeres in otin. ytliemat, eshrae in toin auschrd the neti yrerpo uttgir to oeec its U.S. de-ersuta.
utsomte rnkdoet xneseti itlpa omrmenspve to gri the yporre no the uil-eant ratk for the tir ei. menrmeospv ee gatdre at rcesaing the stenacitvret of the rorpye to a owirg lma nate rkta. revpsneomm lcdudn a lpeome atnneiov of all iglidu sbobi and srtosoe to “uyotn lb” sadatrn, lantsigl an on-ie ie, nesit ernt, and eenefonr entr. ttmueso uit out pc ifef istu and dcihve DE-CS irlv nrdsaat on one of the sniidul.
ehe epvneorsmm udetsl in the xinnets of and aer caener in sen to sgixit naens and the eae up of hu of the et of the ryreop to elitup nnsae, dicugnl 130,000 aeuq et to haeres in otin. ytliemat, eshrae in toin auschrd the neti yrerpo uttgir to oeec its U.S. de-ersuta.
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