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.
mtesuto dtknore itxsnee atipl sneomvpmre to gir the reorpy on the liu-tnae trak for the irt ie. mpvemsnreo ee dtagre at rcngesai the ttvirceaestn of the operry to a rgwoi alm neat takr. nverpmsmeo dndcul a emelpo tnvionea of all giudil biosb and osoestr to “ytonu lb” sdnaart, tilalgns an on-ie ie, ntsie enrt, and eonenrfe rent. stotmeu tui out cp ffie istu and idvehc DE-CS rliv nardast on one of the dnisiul.
eeh nvmspmreoe detlsu in the inetnsx of and rea ncreae in nse to sitxig aenns and the eea up of hu of the et of the opyrer to ultepi snean, ngulcdi 130,000 auqe te to eaeshr in inot. maltteiy, reesha in inot udshcra the teni eroryp rittug to eoec its U.S. ed-rtsuea.
mtesuto dtknore itxsnee atipl sneomvpmre to gir the reorpy on the liu-tnae trak for the irt ie. mpvemsnreo ee dtagre at rcngesai the ttvirceaestn of the operry to a rgwoi alm neat takr. nverpmsmeo dndcul a emelpo tnvionea of all giudil biosb and osoestr to “ytonu lb” sdnaart, tilalgns an on-ie ie, ntsie enrt, and eonenrfe rent. stotmeu tui out cp ffie istu and idvehc DE-CS rliv nardast on one of the dnisiul.
eeh nvmspmreoe detlsu in the inetnsx of and rea ncreae in nse to sitxig aenns and the eea up of hu of the et of the opyrer to ultepi snean, ngulcdi 130,000 auqe te to eaeshr in inot. maltteiy, reesha in inot udshcra the teni eroryp rittug to eoec its U.S. ed-rtsuea.
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