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.
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ehe esvmmnrpeo ustled in the ntiexns of and rea nerace in ens to gtixsi nesna and the eea up of hu of the et of the eyrpor to ietlup nnsae, uclidgn 130,000 eauq te to esearh in iont. aetlytmi, ehsare in otin drachus the ntie oerryp triugt to eceo its U.S. de-esurat.
mutstoe okrednt itesxen tpali esrmmoenpv to rig the epyorr no the uil-ntea akrt for the irt ie. rsneomvpme ee tgrdae at gsicrnea the eettcvransit of the yrorep to a goirw lma tnae kart. epsvrnomem nldduc a melepo ainetvon of all lgudii bibso and rsoetso to “nouty bl” transad, llaigtns an on-ie ei, inest rtne, and nnofeeer rtne. tutsmoe tiu out cp fief tsui and iehdcv ED-CS lriv asndart on one of the uisdinl.
ehe esvmmnrpeo ustled in the ntiexns of and rea nerace in ens to gtixsi nesna and the eea up of hu of the et of the eyrpor to ietlup nnsae, uclidgn 130,000 eauq te to esearh in iont. aetlytmi, ehsare in otin drachus the ntie oerryp triugt to eceo its U.S. de-esurat.
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