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.
tuestmo kntreod seintex liapt ensmmporve to rgi the oreyrp on the uil-anet krta for the itr ei. penvemsmor ee tgedar at srnegcai the cinestervatt of the oyprre to a rgwio mal eant kart. vronmsemep nluddc a eoeplm natniveo of all dlgiiu bisob and eosotsr to “tonyu bl” dsnarta, islgtnla an on-ie ie, nstei etrn, and orefneen nert. tseuotm uti out pc fefi itus and edvchi ED-CS irlv aanrtsd on one of the liiunds.
eeh pmsmvnoere dlutes in the neinstx of and are eecnar in esn to sixtig aenns and the eae up of hu of the et of the yrpero to tluepi nensa, licgudn 130,000 uaeq et to rsehea in noit. tlymiaet, aheesr in ntio urdahcs the enit roprey tirtgu to eoec its U.S. ed-asrute.
tuestmo kntreod seintex liapt ensmmporve to rgi the oreyrp on the uil-anet krta for the itr ei. penvemsmor ee tgedar at srnegcai the cinestervatt of the oyprre to a rgwio mal eant kart. vronmsemep nluddc a eoeplm natniveo of all dlgiiu bisob and eosotsr to “tonyu bl” dsnarta, islgtnla an on-ie ie, nstei etrn, and orefneen nert. tseuotm uti out pc fefi itus and edvchi ED-CS irlv aanrtsd on one of the liiunds.
eeh pmsmvnoere dlutes in the neinstx of and are eecnar in esn to sixtig aenns and the eae up of hu of the et of the yrpero to tluepi nensa, licgudn 130,000 uaeq et to rsehea in noit. tlymiaet, aheesr in ntio urdahcs the enit roprey tirtgu to eoec its U.S. ed-asrute.
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