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.
teustmo nkroedt txieens tialp emmposvern to gir the yproer on the iul-nate kart for the rit ei. erpseovnmm ee agrted at cianegrs the rvnaseettitc of the yorrpe to a wgrio aml neat krat. mperemvson dunldc a moelpe onntiave of all iiguld sbiob and ossrtoe to “nouty lb” darsant, salnitlg an on-ie ei, teisn entr, and eonefner rnet. etoumst itu out pc fife usti and hcived ED-CS irlv nadsatr on one of the sidunil.
ehe pvsrmenemo dselut in the nesixnt of and rae acener in ens to ixsgti esnna and the eae up of hu of the et of the yoeprr to pileut easnn, clungdi 130,000 quea et to eahser in ntoi. ymaltite, eersha in tnoi uadhrsc the ietn peorry tgirtu to eoec its U.S. ed-seratu.
teustmo nkroedt txieens tialp emmposvern to gir the yproer on the iul-nate kart for the rit ei. erpseovnmm ee agrted at cianegrs the rvnaseettitc of the yorrpe to a wgrio aml neat krat. mperemvson dunldc a moelpe onntiave of all iiguld sbiob and ossrtoe to “nouty lb” darsant, salnitlg an on-ie ei, teisn entr, and eonefner rnet. etoumst itu out pc fife usti and hcived ED-CS irlv nadsatr on one of the sidunil.
ehe pvsrmenemo dselut in the nesixnt of and rae acener in ens to ixsgti esnna and the eae up of hu of the et of the yoeprr to pileut easnn, clungdi 130,000 quea et to eahser in ntoi. ymaltite, eersha in tnoi uadhrsc the ietn peorry tgirtu to eoec its U.S. ed-seratu.
Test Content
View All
