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.
teomust odtnekr setnxei lipta pmmrseoenv to rig the eopyrr on the ilu-anet tark for the tir ei. sompermnve ee aetdgr at sricaneg the vtrtseaietnc of the yrreop to a wiorg lma aetn trak. vempmenors ucddln a mpolee evntanio of all idigul siobb and retssoo to “nuoyt lb” ndstraa, giasllnt an on-ie ei, itnes nret, and eefenrno tren. mstetou tui out cp iffe isut and ihvced ED-CS lvri sdnaart on one of the inuldsi.
ehe ermvmepons etldsu in the extnisn of and era earenc in esn to tigsix sanne and the aee up of hu of the et of the rreoyp to teiplu nsnae, gcdunil 130,000 uqea te to eehrsa in otin. tlmeaity, sarhee in tnoi hscdaru the ntie pyorre griutt to eeoc its U.S. ed-rtsaeu.
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