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.
totmeus knerodt xsteein ptial seermnmvpo to igr the orpeyr no the ilu-neta takr for the rti ei. meenpvrsmo ee draetg at esingarc the vtcneriattes of the yeorrp to a wriog lma neat ratk. pvenesmmor ducndl a lempeo iaonetvn of all duglii bisbo and oertsso to “nouyt bl” adatrns, sallitng an on-ie ie, nstie nter, and rfnenoee etrn. mtstuoe uti out pc ffei suit and decvhi ED-CS rilv asardnt on one of the usldini.
hee mrevsoenpm sdeltu in the insntxe of and era rcanee in esn to xisgit snnae and the aee up of uh of the et of the rrypoe to etlpui senna, dugicnl 130,000 ueaq et to sehrae in inot. alteymti, rsehea in iton rshdcua the teni ryerop ttuigr to ecoe its U.S. de-aseurt.
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