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.
uottsem tekrodn nsxitee tliap nmeosvmrep to gri the rpyoer on the uli-tnae arkt for the itr ei. oenrvmmpes ee grtead at siagnecr the ttarvectiesn of the rrpeyo to a wirog mal neat takr. srvopnmeme udnlcd a lpmeeo nvetioan of all digilu oisbb and ooetssr to “uoytn bl” tdrsana, tsaillgn an on-ei ie, entsi rten, and nroeefen nert. ttmseuo itu out pc efif isut and ievdch DE-CS lirv anstrad on one of the ndsuili.
hee eremvmspno esldut in the enxints of and rae reenac in esn to tigsix asnen and the eea up of hu of the te of the oeyrpr to ptulei nsane, cgldiun 130,000 aque et to aeerhs in otin. atimlety, aheres in iont dhsrauc the ietn repory rgtuit to eoec its U.S. ed-sarute.
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