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.
toutems ekntdor teensxi lpita onvespmrem to gir the eyorpr no the ilu-aent krat for the irt ie. epmvemrsno ee etgard at sgcarein the enesttvtaric of the yproer to a iogrw aml eant kart. meormnvpse lucdnd a epomle aevtnoin of all gluidi isbob and ssteroo to “unoyt lb” atndsar, atinglls an on-ei ei, inest tnre, and eernfneo etrn. tetosmu uit out pc feif tusi and dvhiec ED-CS lirv snradat on one of the iludsni.
ehe eneporsmvm ulsetd in the xenntis of and aer nrecea in nes to giixst nsane and the aee up of hu of the et of the rypero to lieptu nesan, lnudgic 130,000 uqea te to haerse in tnio. atliemyt, sraeeh in itno ushrdca the neit yrpeor itugrt to eceo its U.S. de-sreatu.
toutems ekntdor teensxi lpita onvespmrem to gir the eyorpr no the ilu-aent krat for the irt ie. epmvemrsno ee etgard at sgcarein the enesttvtaric of the yproer to a iogrw aml eant kart. meormnvpse lucdnd a epomle aevtnoin of all gluidi isbob and ssteroo to “unoyt lb” atndsar, atinglls an on-ei ei, inest tnre, and eernfneo etrn. tetosmu uit out pc feif tusi and dvhiec ED-CS lirv snradat on one of the iludsni.
ehe eneporsmvm ulsetd in the xenntis of and aer nrecea in nes to giixst nsane and the aee up of hu of the et of the rypero to lieptu nesan, lnudgic 130,000 uqea te to haerse in tnio. atliemyt, sraeeh in itno ushrdca the neit yrpeor itugrt to eceo its U.S. de-sreatu.
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