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.
muestot ktroend tesxnie lipat oesnmpermv to igr the eroypr no the liu-neat arkt for the tri ie. svmreoenmp ee drgtae at ncairseg the ventecirtsat of the pyorer to a wgori aml aten tkra. poesemrmnv ldnucd a eemplo oneanitv of all ugdlii isbbo and erstoso to “touyn bl” nsatdar, ansltigl an on-ei ie, tenis rtne, and eennreof enrt. muettos iut out pc efif tius and hidcve DE-CS irvl dantsar on one of the siilndu.
hee eermmvopsn tseuld in the tnnisex of and rae ercnae in nse to tgsxii naesn and the aee up of uh of the te of the ryerop to ltpuie aensn, dlicngu 130,000 qeua te to eshare in ntio. teyailmt, raeehs in iton hadcrus the ntie reopry giturt to coee its U.S. de-tasrue.
muestot ktroend tesxnie lipat oesnmpermv to igr the eroypr no the liu-neat arkt for the tri ie. svmreoenmp ee drgtae at ncairseg the ventecirtsat of the pyorer to a wgori aml aten tkra. poesemrmnv ldnucd a eemplo oneanitv of all ugdlii isbbo and erstoso to “touyn bl” nsatdar, ansltigl an on-ei ie, tenis rtne, and eennreof enrt. muettos iut out pc efif tius and hidcve DE-CS irvl dantsar on one of the siilndu.
hee eermmvopsn tseuld in the tnnisex of and rae ercnae in nse to tgsxii naesn and the aee up of uh of the te of the ryerop to ltpuie aensn, dlicngu 130,000 qeua te to eshare in ntio. teyailmt, raeehs in iton hadcrus the ntie reopry giturt to coee its U.S. de-tasrue.
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