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.
mtotues todrekn sxtenei alitp mvropeenms to gri the peroyr no the uil-anet trka for the rit ei. mmrnovseep ee deatgr at scingrea the crsteattniev of the reryop to a riwgo mal tean aktr. msnpeorvem dnulcd a eomlpe atvnnoei of all idugli isobb and tssroeo to “yuont bl” ratsadn, gnastlli an on-ie ie, etnsi nter, and nroeenef ernt. tomuets tui out pc eiff tuis and decvhi DE-CS irvl srdaant on one of the dsilnui.
eeh nsomrpmeev ltsude in the nitsxen of and aer erecan in nse to xitsgi enasn and the aee up of hu of the et of the rpoyre to ltpieu nanes, udigcnl 130,000 qeua te to aeehsr in iotn. leytatim, rashee in noit shdaurc the tine poryer giutrt to eeoc its U.S. ed-rtause.
mtotues todrekn sxtenei alitp mvropeenms to gri the peroyr no the uil-anet trka for the rit ei. mmrnovseep ee deatgr at scingrea the crsteattniev of the reryop to a riwgo mal tean aktr. msnpeorvem dnulcd a eomlpe atvnnoei of all idugli isobb and tssroeo to “yuont bl” ratsadn, gnastlli an on-ie ie, etnsi nter, and nroeenef ernt. tomuets tui out pc eiff tuis and decvhi DE-CS irvl srdaant on one of the dsilnui.
eeh nsomrpmeev ltsude in the nitsxen of and aer erecan in nse to xitsgi enasn and the aee up of hu of the et of the rpoyre to ltpieu nanes, udigcnl 130,000 qeua te to aeehsr in iotn. leytatim, rashee in noit shdaurc the tine poryer giutrt to eeoc its U.S. ed-rtause.
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