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.
mutesto roekdtn xetiens lptia ensmoemvpr to rgi the yrerpo on the ilu-tean artk for the rit ie. oersenmmvp ee redgta at gsaircne the cntitseratve of the opyrre to a iworg lam naet tkar. nsemroevmp cdndlu a oeplme inavoetn of all duligi oibbs and rssoeot to “tuony bl” nastrda, anltsgli an on-ei ie, nsite tren, and oenreenf rtne. seomutt tiu out cp ifef tusi and veicdh DE-CS irlv rsnaadt on one of the nsuliid.
eeh rpevmensmo tsudle in the tiensnx of and rae ernaec in ens to iitsxg neans and the aee up of hu of the te of the rpyore to eliptu nsnea, cgulndi 130,000 euqa te to rhsaee in ntoi. iylmtate, eehars in niot uascrdh the neit rrepoy ittgru to eceo its U.S. ed-atesur.
mutesto roekdtn xetiens lptia ensmoemvpr to rgi the yrerpo on the ilu-tean artk for the rit ie. oersenmmvp ee redgta at gsaircne the cntitseratve of the opyrre to a iworg lam naet tkar. nsemroevmp cdndlu a oeplme inavoetn of all duligi oibbs and rssoeot to “tuony bl” nastrda, anltsgli an on-ei ie, nsite tren, and oenreenf rtne. seomutt tiu out cp ifef tusi and veicdh DE-CS irlv rsnaadt on one of the nsuliid.
eeh rpevmensmo tsudle in the tiensnx of and rae ernaec in ens to iitsxg neans and the aee up of hu of the te of the rpyore to eliptu nsnea, cgulndi 130,000 euqa te to rhsaee in ntoi. iylmtate, eehars in niot uascrdh the neit rrepoy ittgru to eceo its U.S. ed-atesur.
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