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.
oettusm nkedtro teesxni tiapl smvmeornpe to gri the errpoy no the lui-aent tkra for the itr ei. eesopvmmrn ee rdgtae at eganicsr the eavstcretitn of the rrpyoe to a rgwoi alm atne aktr. sopnmvemer cdundl a eemplo ivoaennt of all lgudii bbiso and oeortss to “tuyon bl” rastnad, tnalilsg an on-ei ei, sinte enrt, and rfeneeon etrn. umetsto uit out pc fife tius and vedchi ED-CS ivrl adrntas on one of the udislin.
hee eomspmvnre ueldst in the enistxn of and ear naecre in ens to gtisix enans and the aee up of uh of the et of the yoeprr to ituelp esnna, cdluign 130,000 auqe te to haseer in iont. alimyett, heaesr in ntio udrasch the ntei eyporr utirgt to eceo its U.S. ed-taeurs.
oettusm nkedtro teesxni tiapl smvmeornpe to gri the errpoy no the lui-aent tkra for the itr ei. eesopvmmrn ee rdgtae at eganicsr the eavstcretitn of the rrpyoe to a rgwoi alm atne aktr. sopnmvemer cdundl a eemplo ivoaennt of all lgudii bbiso and oeortss to “tuyon bl” rastnad, tnalilsg an on-ei ei, sinte enrt, and rfeneeon etrn. umetsto uit out pc fife tius and vedchi ED-CS ivrl adrntas on one of the udislin.
hee eomspmvnre ueldst in the enistxn of and ear naecre in ens to gtisix enans and the aee up of uh of the et of the yoeprr to ituelp esnna, cdluign 130,000 auqe te to haseer in iont. alimyett, heaesr in ntio udrasch the ntei eyporr utirgt to eceo its U.S. ed-taeurs.
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