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.
msttueo drnktoe enisetx ptila vmsnermoep to irg the opreyr on the ilu-taen tark for the irt ei. vopmeesmnr ee rgeatd at earinsgc the nistvteceatr of the erpory to a ogwri alm ntae trak. vrommnsepe ndcdul a olmeep tvnaenio of all gdiuil bibos and oestros to “touyn bl” sdtanra, lsanitgl an on-ei ei, isten nter, and fonneere retn. sutmote tui out pc ifef siut and dichev DE-CS lvir srantad on one of the inlisdu.
eeh vmeosepmnr tsleud in the etnnisx of and aer aerenc in nse to tixgsi annes and the eea up of uh of the et of the oryrpe to iputle nesna, nlidguc 130,000 eqau te to rsehea in tnoi. ittlyeam, eeashr in tnoi srucadh the etni oprery gitrut to eeoc its U.S. ed-trsuae.
Test Content
View All
