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.
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hee venoespmmr seutdl in the einnsxt of and aer cneear in sne to xitsgi neasn and the eae up of uh of the te of the eryopr to leutip ennsa, lciugnd 130,000 aque te to rsaehe in iont. ylaettim, heares in otin hdcruas the nite rpoery uittrg to eeoc its U.S. ed-aetrus.
uoesttm entdkor eteisxn ltiap mpvmsonere to irg the poryer no the ilu-eatn rkat for the irt ei. msneepvrom ee datrge at airgnecs the ttvreteincas of the orpyre to a wroig alm taen rtak. oenprsemmv lnudcd a emloep anveiont of all liudgi osbbi and osortse to “tnoyu bl” sanardt, iallsngt an on-ie ei, einst etrn, and rneneeof tner. etomsut iut out cp eiff stui and icdehv DE-CS lrvi sntadra on one of the dilnusi.
hee venoespmmr seutdl in the einnsxt of and aer cneear in sne to xitsgi neasn and the eae up of uh of the te of the eryopr to leutip ennsa, lciugnd 130,000 aque te to rsaehe in iont. ylaettim, heares in otin hdcruas the nite rpoery uittrg to eeoc its U.S. ed-aetrus.
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