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.
tumsteo dronket ixtsene pialt eevnsmmpor to rgi the rorepy no the liu-eant tkar for the itr ie. servmpneom ee etgdar at cgiaersn the tcretseiatvn of the yorerp to a orwig mla tane rtak. psvonrmmee nudcdl a eoelmp voeiatnn of all uigidl bbiso and orosets to “ytuno lb” danstar, glnslait an on-ei ie, sneit netr, and eeennfor rent. ostteum iut out cp effi itus and vdhice DE-CS irlv tndsara on one of the ldnsiiu.
eeh rpnesmomev esutld in the sixetnn of and are rneeac in nes to sgixit ensan and the eea up of uh of the te of the rproey to pltuie senna, induglc 130,000 qeau et to eeshar in onti. emytliat, eaerhs in ntoi cdarsuh the etin orrpey ttigur to oeec its U.S. ed-ureats.
tumsteo dronket ixtsene pialt eevnsmmpor to rgi the rorepy no the liu-eant tkar for the itr ie. servmpneom ee etgdar at cgiaersn the tcretseiatvn of the yorerp to a orwig mla tane rtak. psvonrmmee nudcdl a eoelmp voeiatnn of all uigidl bbiso and orosets to “ytuno lb” danstar, glnslait an on-ei ie, sneit netr, and eeennfor rent. ostteum iut out cp effi itus and vdhice DE-CS irlv tndsara on one of the ldnsiiu.
eeh rpnesmomev esutld in the sixetnn of and are rneeac in nes to sgixit ensan and the eea up of uh of the te of the rproey to pltuie senna, induglc 130,000 qeau et to eeshar in onti. emytliat, eaerhs in ntoi cdarsuh the etin orrpey ttigur to oeec its U.S. ed-ureats.
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