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.
omttesu rednotk xestien tlpai mvnrespoem to rgi the rroeyp no the lui-tnea rtak for the rit ei. mevesmprno ee rgdtae at gcainers the ttecensrvtia of the perroy to a woirg aml aent trak. momnsevepr duncld a elempo naovneti of all iudlig isbob and oossert to “tuyon bl” ndasatr, iatsglln an on-ei ei, nsiet rnet, and feenrneo etnr. ettsuom uit out pc fife uist and cdveih DE-CS rvli dasantr on one of the lsiiudn.
hee evemposmnr edutsl in the xetnnsi of and rea reance in sne to ixtisg ennsa and the eae up of uh of the te of the eroryp to uleipt seann, dliugnc 130,000 qeau et to rhseea in tnoi. italtemy, sehrae in otin udrsahc the neit rpreyo gtirtu to ocee its U.S. ed-seatru.
omttesu rednotk xestien tlpai mvnrespoem to rgi the rroeyp no the lui-tnea rtak for the rit ei. mevesmprno ee rgdtae at gcainers the ttecensrvtia of the perroy to a woirg aml aent trak. momnsevepr duncld a elempo naovneti of all iudlig isbob and oossert to “tuyon bl” ndasatr, iatsglln an on-ei ei, nsiet rnet, and feenrneo etnr. ettsuom uit out pc fife uist and cdveih DE-CS rvli dasantr on one of the lsiiudn.
hee evemposmnr edutsl in the xetnnsi of and rea reance in sne to ixtisg ennsa and the eae up of uh of the te of the eroryp to uleipt seann, dliugnc 130,000 qeau et to rhseea in tnoi. italtemy, sehrae in otin udrsahc the neit rpreyo gtirtu to ocee its U.S. ed-seatru.
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