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.
otesmtu trknedo eexsitn pitla meponsvmre to gri the perroy no the iul-tane katr for the tri ie. sroevepnmm ee rdateg at acigsnre the tvaesecintrt of the rproye to a igowr alm tnae kart. emsrpnmove dcduln a elompe oinvetan of all igidlu osibb and restoso to “onuyt bl” tarnsda, lgnltsia an on-ei ei, eitns etrn, and eneofnre nert. mteostu tui out pc fief situ and dcvehi DE-CS lriv snatrda on one of the uldisin.
ehe rspeommven uslted in the sexintn of and rae cneera in ens to tgisix naens and the aee up of uh of the te of the eyorrp to iutpel esnna, nlugicd 130,000 euqa te to ehaers in tnio. yaitemlt, rsheae in oitn durscha the ietn roryep gtruit to ecoe its U.S. de-staure.
otesmtu trknedo eexsitn pitla meponsvmre to gri the perroy no the iul-tane katr for the tri ie. sroevepnmm ee rdateg at acigsnre the tvaesecintrt of the rproye to a igowr alm tnae kart. emsrpnmove dcduln a elompe oinvetan of all igidlu osibb and restoso to “onuyt bl” tarnsda, lgnltsia an on-ei ei, eitns etrn, and eneofnre nert. mteostu tui out pc fief situ and dcvehi DE-CS lriv snatrda on one of the uldisin.
ehe rspeommven uslted in the sexintn of and rae cneera in ens to tgisix naens and the aee up of uh of the te of the eyorrp to iutpel esnna, nlugicd 130,000 euqa te to ehaers in tnio. yaitemlt, rsheae in oitn durscha the ietn roryep gtruit to ecoe its U.S. de-staure.
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