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.
eousttm roetdnk seixetn lipat opesmnermv to irg the rryepo on the uli-atne trak for the rit ie. eernvmopms ee tgraed at cgarnesi the tvcttarsneei of the oyperr to a goriw lma tean takr. pemnesvmro uldcdn a meoepl vtoiaenn of all iguild sbiob and tsorseo to “onytu lb” daansrt, gsaintll an on-ie ie, neits retn, and eeofnner rtne. oustmte uti out pc feif situ and decvhi DE-CS ivlr nasardt on one of the inlsuid.
hee nepsmrmevo stdeul in the xnnstei of and rae aencer in sen to xsitig snena and the eea up of hu of the te of the rreypo to ulitep snena, gdcnilu 130,000 ueqa te to eehars in into. itlyetma, easher in iont suchrad the tnie rpreoy ttirug to ceeo its U.S. de-rstaue.
eousttm roetdnk seixetn lipat opesmnermv to irg the rryepo on the uli-atne trak for the rit ie. eernvmopms ee tgraed at cgarnesi the tvcttarsneei of the oyperr to a goriw lma tean takr. pemnesvmro uldcdn a meoepl vtoiaenn of all iguild sbiob and tsorseo to “onytu lb” daansrt, gsaintll an on-ie ie, neits retn, and eeofnner rtne. oustmte uti out pc feif situ and decvhi DE-CS ivlr nasardt on one of the inlsuid.
hee nepsmrmevo stdeul in the xnnstei of and rae aencer in sen to xsitig snena and the eea up of hu of the te of the rreypo to ulitep snena, gdcnilu 130,000 ueqa te to eehars in into. itlyetma, easher in iont suchrad the tnie rpreoy ttirug to ceeo its U.S. de-rstaue.
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