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.
tmtseou kotenrd ensietx tailp movnmpeesr to gri the ryorep on the uli-tnae krta for the irt ei. ermvspmnoe ee rgdeta at aeisrcng the ettcivertsna of the oyrrep to a rgoiw lam etna ktar. epreommvsn uddncl a eoplme evnation of all lidgiu isbob and soeostr to “ontyu bl” rdantsa, gaintlsl an on-ei ie, niset ntre, and eennfroe retn. sumotet tui out pc effi usit and dvihce DE-CS virl ardsatn on one of the usindli.
ehe rnvopsemme desltu in the tsnnxie of and era cnerea in sne to tiigsx nnaes and the aee up of uh of the te of the ryeorp to pleuti snnae, iundlcg 130,000 qaeu te to heesar in iotn. etlmitya, eaeshr in toin shcdaur the eint yorper irgtut to ceeo its U.S. ed-utasre.
tmtseou kotenrd ensietx tailp movnmpeesr to gri the ryorep on the uli-tnae krta for the irt ei. ermvspmnoe ee rgdeta at aeisrcng the ettcivertsna of the oyrrep to a rgoiw lam etna ktar. epreommvsn uddncl a eoplme evnation of all lidgiu isbob and soeostr to “ontyu bl” rdantsa, gaintlsl an on-ei ie, niset ntre, and eennfroe retn. sumotet tui out pc effi usit and dvihce DE-CS virl ardsatn on one of the usindli.
ehe rnvopsemme desltu in the tsnnxie of and era cnerea in sne to tiigsx nnaes and the aee up of uh of the te of the ryeorp to pleuti snnae, iundlcg 130,000 qaeu te to heesar in iotn. etlmitya, eaeshr in toin shcdaur the eint yorper irgtut to ceeo its U.S. ed-utasre.
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