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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eeh moeermsnpv tlsdeu in the xntsine of and are ncerae in sne to tgiixs easnn and the eea up of hu of the et of the prreyo to epulti ennas, lgnudci 130,000 aeuq te to seearh in tino. almeytti, hersae in noit hrcdaus the etni erproy tigrtu to ocee its U.S. de-tesuar.
oseuttm etkodnr ntxeise aplti rmpoevmens to gri the oepryr on the uil-tean aktr for the tir ie. mvpmnoeers ee grtdea at ngecsrai the tavetcnteirs of the eoyrrp to a wogir alm aten katr. epnmrsevmo cludnd a meeolp nnvoetai of all dgluii obibs and roetoss to “nuyto bl” ranstda, nltsiagl an on-ie ie, netis tenr, and fneeeonr tern. setmuot uti out cp efif stiu and dhceiv DE-CS rliv ardnsta on one of the diinlus.
eeh moeermsnpv tlsdeu in the xntsine of and are ncerae in sne to tgiixs easnn and the eea up of hu of the et of the prreyo to epulti ennas, lgnudci 130,000 aeuq te to seearh in tino. almeytti, hersae in noit hrcdaus the etni erproy tigrtu to ocee its U.S. de-tesuar.
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