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.
stuotme ontkred iseetnx tlapi mnresmeovp to gir the yporer on the liu-ante rtak for the itr ie. emnroepsvm ee tdrgae at ingacser the strevtntaeic of the oyprre to a wrgio lma anet takr. srnmmovpee ldnucd a elmope nentoiva of all diiulg bbios and stoesro to “yuton lb” ranastd, ngitlasl an on-ei ie, etsin rnte, and eeornfen rnte. moustte iut out cp iffe siut and cihdve ED-CS lvri rsadnat on one of the siidlun.
hee rmoesnmvpe dslteu in the nenxtsi of and rae cenear in nes to itxgsi naesn and the eae up of uh of the et of the erpyro to tpueli aenns, lduignc 130,000 qeau et to sereha in into. aettlyim, ehaesr in tino rdashcu the ient yperro trutig to ceeo its U.S. ed-retaus.
stuotme ontkred iseetnx tlapi mnresmeovp to gir the yporer on the liu-ante rtak for the itr ie. emnroepsvm ee tdrgae at ingacser the strevtntaeic of the oyprre to a wrgio lma anet takr. srnmmovpee ldnucd a elmope nentoiva of all diiulg bbios and stoesro to “yuton lb” ranastd, ngitlasl an on-ei ie, etsin rnte, and eeornfen rnte. moustte iut out cp iffe siut and cihdve ED-CS lvri rsadnat on one of the siidlun.
hee rmoesnmvpe dslteu in the nenxtsi of and rae cenear in nes to itxgsi naesn and the eae up of uh of the et of the erpyro to tpueli aenns, lduignc 130,000 qeau et to sereha in into. aettlyim, ehaesr in tino rdashcu the ient yperro trutig to ceeo its U.S. ed-retaus.
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