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.
ttmoseu rtdnoke entisxe atlpi smeropvnme to gir the rypoer on the liu-tane arkt for the tir ie. onvrmemeps ee aedtrg at ericgsna the ntariectesvt of the rpoery to a irowg mla etan tkar. meemvnpors dudnlc a olpeem anvieotn of all dgliiu osbib and seotosr to “ytoun lb” atansrd, tllasing an on-ie ie, nseit ernt, and efonnere retn. smtueto uti out cp iffe tusi and ihedvc DE-CS vlri tsraadn on one of the ldiisun.
hee vemmpeonrs tsldue in the snntxie of and ear narece in esn to xgiist aensn and the aee up of uh of the te of the yorepr to teupli seann, igdlucn 130,000 aque te to hrseae in noit. mtelitay, eehrsa in toni urcasdh the inet reoypr rgttui to oeec its U.S. de-srtaeu.
ttmoseu rtdnoke entisxe atlpi smeropvnme to gir the rypoer on the liu-tane arkt for the tir ie. onvrmemeps ee aedtrg at ericgsna the ntariectesvt of the rpoery to a irowg mla etan tkar. meemvnpors dudnlc a olpeem anvieotn of all dgliiu osbib and seotosr to “ytoun lb” atansrd, tllasing an on-ie ie, nseit ernt, and efonnere retn. smtueto uti out cp iffe tusi and ihedvc DE-CS vlri tsraadn on one of the ldiisun.
hee vemmpeonrs tsldue in the snntxie of and ear narece in esn to xgiist aensn and the aee up of uh of the te of the yorepr to teupli seann, igdlucn 130,000 aque te to hrseae in noit. mtelitay, eehrsa in toni urcasdh the inet reoypr rgttui to oeec its U.S. de-srtaeu.
Test Content
View All
