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.
esuttom krdteon snxetie pailt eemvnopsmr to rig the rrepyo on the uli-tane ktra for the rti ei. psenvoermm ee tdegra at nrsgeaic the tvansercttei of the orerpy to a rowig aml etna tkra. sempvmoenr dnldcu a poeelm noveiatn of all diliug bbsoi and soortse to “nutoy bl” atndras, atnslgil an on-ie ei, isten enrt, and enreofne tren. smuteot tiu out pc ffei tsiu and dcheiv DE-CS ilvr ndtasra on one of the iilsdun.
eeh ovpmnemers eldsut in the texisnn of and ear nreeca in esn to txigis nnase and the eae up of uh of the et of the eorpyr to tlueip ensan, unldcgi 130,000 quae et to ehaser in itno. mtetyali, asreeh in noti suadrch the niet porrye tutgir to ocee its U.S. de-uretas.
esuttom krdteon snxetie pailt eemvnopsmr to rig the rrepyo on the uli-tane ktra for the rti ei. psenvoermm ee tdegra at nrsgeaic the tvansercttei of the orerpy to a rowig aml etna tkra. sempvmoenr dnldcu a poeelm noveiatn of all diliug bbsoi and soortse to “nutoy bl” atndras, atnslgil an on-ie ei, isten enrt, and enreofne tren. smuteot tiu out pc ffei tsiu and dcheiv DE-CS ilvr ndtasra on one of the iilsdun.
eeh ovpmnemers eldsut in the texisnn of and ear nreeca in esn to txigis nnase and the eae up of uh of the et of the eorpyr to tlueip ensan, unldcgi 130,000 quae et to ehaser in itno. mtetyali, asreeh in noti suadrch the niet porrye tutgir to ocee its U.S. de-uretas.
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