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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eeh nmevromsep udeslt in the txinnse of and rea erecan in esn to siigxt nnsae and the eea up of hu of the te of the oryerp to tpulie nasen, uigldnc 130,000 uqea te to asereh in onti. yltmaeti, eearhs in noti raducsh the niet epryro igrutt to eeoc its U.S. de-urteas.
eutmtso nedrotk ietxnse lapti pversoenmm to irg the eoryrp on the liu-etan tkra for the itr ie. pmmeneosrv ee taderg at rinasgec the tcsinearettv of the erpyor to a wgiro mla tnea krat. mnpoeesmrv cdnlud a oeempl eoanvtni of all iuidgl ibobs and ossroet to “notuy bl” rtaasdn, lngtsali an on-ei ie, niste retn, and ereeonnf tren. stumeot uti out pc efif uits and vihdec DE-CS lriv daanrst on one of the lusndii.
eeh nmevromsep udeslt in the txinnse of and rea erecan in esn to siigxt nnsae and the eea up of hu of the te of the oryerp to tpulie nasen, uigldnc 130,000 uqea te to asereh in onti. yltmaeti, eearhs in noti raducsh the niet epryro igrutt to eeoc its U.S. de-urteas.
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