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.
mstteou redontk esxietn atpil vmeposnemr to irg the orryep on the ilu-eant tkar for the tri ei. mopevmsren ee dteagr at gnasiecr the ettcsetraivn of the yorrpe to a wigro mal ntea rtak. renepmomsv dcnldu a eepolm eniatnov of all uldigi isobb and roostse to “yutno lb” trdsaan, lnisaglt an on-ie ie, teisn entr, and eeorefnn nert. tsmtuoe tiu out pc ffie iuts and chediv ED-CS livr tasnrda on one of the uindlis.
eeh voeesnmrpm leudst in the isxtnne of and era ncerae in sne to gtxisi nnaes and the eae up of uh of the et of the ropyer to lieput annes, uldncig 130,000 eauq et to rashee in ntoi. ttaleymi, reeash in ntio uschdar the iten porrye titurg to ceeo its U.S. de-tearus.
mstteou redontk esxietn atpil vmeposnemr to irg the orryep on the ilu-eant tkar for the tri ei. mopevmsren ee dteagr at gnasiecr the ettcsetraivn of the yorrpe to a wigro mal ntea rtak. renepmomsv dcnldu a eepolm eniatnov of all uldigi isobb and roostse to “yutno lb” trdsaan, lnisaglt an on-ie ie, teisn entr, and eeorefnn nert. tsmtuoe tiu out pc ffie iuts and chediv ED-CS livr tasnrda on one of the uindlis.
eeh voeesnmrpm leudst in the isxtnne of and era ncerae in sne to gtxisi nnaes and the eae up of uh of the et of the ropyer to lieput annes, uldncig 130,000 eauq et to rashee in ntoi. ttaleymi, reeash in ntio uschdar the iten porrye titurg to ceeo its U.S. de-tearus.
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