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.
motsute tnkeodr tsneixe aiptl onmpvermes to rig the yrrpoe on the liu-ntea artk for the irt ie. eevsmnmorp ee gadrte at arisgecn the ntrvictetaes of the rrypoe to a rowig mla aetn ktar. smvmnperoe dducnl a eolpem neianotv of all gdulii siobb and oesrost to “tuoyn lb” taandrs, atlignsl an on-ie ie, steni rtne, and nenfreoe rten. omutset uti out pc eiff tsui and ehvdci DE-CS vrli dasnrat on one of the diuslin.
eeh omevpnrsem studel in the nexitns of and are rceaen in sen to tiigsx nsnae and the aee up of hu of the et of the prreyo to ulpeti nnesa, niuldcg 130,000 auqe te to heasre in ntio. teytamil, esahre in ntio rahsdcu the tnei pryore titgur to oece its U.S. de-rsaetu.
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