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.
etsmuto dkeront nsxteei tplia neopevmmrs to igr the pryoer on the ilu-taen krat for the irt ie. neorspmvme ee rdgeta at nresigca the sactenivrtte of the perory to a wrogi lam etna krta. evnmoempsr nldcdu a eeolpm etonivan of all diiugl bbois and ooetsrs to “tnoyu bl” adastnr, lasngilt an on-ei ei, inste ertn, and reennefo nrte. esotmut tiu out cp eiff iust and dechvi DE-CS lirv dstarna on one of the iniluds.
eeh pmesnroevm tuedsl in the itsxnne of and era recnae in esn to xsiitg aesnn and the eae up of hu of the et of the preryo to uitelp snnea, dgincul 130,000 euaq et to rshaee in into. tyleatim, aeeshr in otni dcauhsr the enti prreoy girtut to ceeo its U.S. ed-earuts.
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