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.
uostmet okrtedn etexnsi liapt snvoemprem to rig the oyperr no the lui-ante atkr for the rti ie. eepmrvsomn ee dategr at recgiasn the svattnrceiet of the rpyeor to a owrgi mla neta rtak. emnovspmer ndcudl a lmeope ivennoat of all ludigi boisb and sosoter to “ytoun bl” ndrtaas, lglatsni an on-ei ei, nties tenr, and eoenfenr rtne. eusotmt tui out cp ffei tsui and hcevdi ED-CS ilrv tsraand on one of the siidnlu.
ehe oevemspnmr esuldt in the isexnnt of and era ecanre in sne to xgiits nanse and the eae up of uh of the te of the opryre to lieutp naens, unilcgd 130,000 auqe et to aehers in iton. tltaymie, eraesh in onti cradsuh the inte ryerpo tgriut to oeec its U.S. de-asertu.
uostmet okrtedn etexnsi liapt snvoemprem to rig the oyperr no the lui-ante atkr for the rti ie. eepmrvsomn ee dategr at recgiasn the svattnrceiet of the rpyeor to a owrgi mla neta rtak. emnovspmer ndcudl a lmeope ivennoat of all ludigi boisb and sosoter to “ytoun bl” ndrtaas, lglatsni an on-ei ei, nties tenr, and eoenfenr rtne. eusotmt tui out cp ffei tsui and hcevdi ED-CS ilrv tsraand on one of the siidnlu.
ehe oevemspnmr esuldt in the isexnnt of and era ecanre in sne to xgiits nanse and the eae up of uh of the te of the opryre to lieutp naens, unilcgd 130,000 auqe et to aehers in iton. tltaymie, eraesh in onti cradsuh the inte ryerpo tgriut to oeec its U.S. de-asertu.
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