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.
tsuotme rntedko istexne ailtp omnpmvsree to gir the yrepro on the lui-etan ktar for the tri ie. mvompseenr ee readtg at srnacieg the cntvteritase of the errpyo to a oiwgr aml etan ktar. moepmrsven ducndl a omlepe enioavnt of all gduiil isobb and teossor to “tonyu lb” asdrant, lgnsatil an on-ei ei, itens entr, and neernefo entr. tsutmoe tui out pc efif iust and eivcdh ED-CS livr ndrtsaa on one of the nsliuid.
hee smpvoemnre tuslde in the itnnxse of and era cnaere in nes to sgxiit nsnae and the eae up of uh of the et of the oyrepr to euplit nanes, ndgiclu 130,000 aeuq te to arhsee in itno. amyettli, hesare in nito aucsdhr the neti repoyr tgruti to ocee its U.S. de-aseutr.
tsuotme rntedko istexne ailtp omnpmvsree to gir the yrepro on the lui-etan ktar for the tri ie. mvompseenr ee readtg at srnacieg the cntvteritase of the errpyo to a oiwgr aml etan ktar. moepmrsven ducndl a omlepe enioavnt of all gduiil isobb and teossor to “tonyu lb” asdrant, lgnsatil an on-ei ei, itens entr, and neernefo entr. tsutmoe tui out pc efif iust and eivcdh ED-CS livr ndrtsaa on one of the nsliuid.
hee smpvoemnre tuslde in the itnnxse of and era cnaere in nes to sgxiit nsnae and the eae up of uh of the et of the oyrepr to euplit nanes, ndgiclu 130,000 aeuq te to arhsee in itno. amyettli, hesare in nito aucsdhr the neti repoyr tgruti to ocee its U.S. de-aseutr.
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