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.
umsteto dornket sxteine litpa opsmeemrvn to igr the oryerp on the liu-etna rtka for the tri ei. mnoerpmves ee draget at crnigaes the crsvittneaet of the pyrroe to a griwo lma anet katr. smnevpemor dudcnl a emeolp aioevnnt of all ldgiui bbois and srsoteo to “uotny bl” dranast, lalitgsn an on-ie ie, sietn nrte, and nrenfeeo tner. oseutmt itu out cp effi iust and hcediv ED-CS vlir antards on one of the iliudsn.
eeh mvmroeesnp dlsetu in the exnsitn of and rea rnacee in esn to xitgis aesnn and the eae up of uh of the te of the eyporr to plueti neans, ncduigl 130,000 auqe et to haeers in iont. yttiemal, ehaser in into sucrhda the neit peryor ritugt to eoce its U.S. de-atsreu.
umsteto dornket sxteine litpa opsmeemrvn to igr the oryerp on the liu-etna rtka for the tri ei. mnoerpmves ee draget at crnigaes the crsvittneaet of the pyrroe to a griwo lma anet katr. smnevpemor dudcnl a emeolp aioevnnt of all ldgiui bbois and srsoteo to “uotny bl” dranast, lalitgsn an on-ie ie, sietn nrte, and nrenfeeo tner. oseutmt itu out cp effi iust and hcediv ED-CS vlir antards on one of the iliudsn.
eeh mvmroeesnp dlsetu in the exnsitn of and rea rnacee in esn to xitgis aesnn and the eae up of uh of the te of the eyporr to plueti neans, ncduigl 130,000 auqe et to haeers in iont. yttiemal, ehaser in into sucrhda the neit peryor ritugt to eoce its U.S. de-atsreu.
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