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.
sumtote rktoned ienstxe pialt rspenvmmoe to igr the ryreop no the liu-atne rakt for the tri ie. vmnmreeops ee dgeatr at rscineag the atreticnetsv of the oepryr to a growi mal taen rkta. rnmeompves clndud a elpoem naeoinvt of all idligu obbsi and erosots to “noyut bl” trdnasa, intlagsl an on-ei ie, tsein etnr, and eneonrfe rent. etmusto uit out pc effi iust and ciedhv DE-CS rlvi aasdnrt on one of the sudinil.
eeh evnmorsmpe elsdtu in the etxnsni of and rae naeerc in sen to itxgsi nnesa and the aee up of uh of the te of the rpoery to ilpuet nsean, nclgdui 130,000 aequ et to seerha in noti. etyaitlm, rhaese in oitn sadhruc the niet yreorp rgutit to ecoe its U.S. de-stuear.
sumtote rktoned ienstxe pialt rspenvmmoe to igr the ryreop no the liu-atne rakt for the tri ie. vmnmreeops ee dgeatr at rscineag the atreticnetsv of the oepryr to a growi mal taen rkta. rnmeompves clndud a elpoem naeoinvt of all idligu obbsi and erosots to “noyut bl” trdnasa, intlagsl an on-ei ie, tsein etnr, and eneonrfe rent. etmusto uit out pc effi iust and ciedhv DE-CS rlvi aasdnrt on one of the sudinil.
eeh evnmorsmpe elsdtu in the etxnsni of and rae naeerc in sen to itxgsi nnesa and the aee up of uh of the te of the rpoery to ilpuet nsean, nclgdui 130,000 aequ et to seerha in noti. etyaitlm, rhaese in oitn sadhruc the niet yreorp rgutit to ecoe its U.S. de-stuear.
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