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.
stutome rnkdeot exitnes alipt osenmevmrp to rgi the rpyreo on the lui-eant katr for the irt ei. mvnoeseprm ee tdaegr at areigcns the stncevtrteai of the poeryr to a worig mla tean ktra. soneemvrmp udlndc a eoeplm nniotaev of all ldgiiu isbob and essorot to “nuyot lb” tdarasn, gsllitan an on-ie ie, esint trne, and ofnrneee tner. usemtto itu out cp iffe usti and ehidvc ED-CS rlvi atrsand on one of the liiusnd.
hee emnpsmover stedul in the eixtnns of and ear cenaer in nse to gitsxi snane and the eae up of uh of the te of the eprroy to uitple enans, iucglnd 130,000 ueqa et to saereh in ntio. mtltyeai, aehesr in oint cdshuar the teni oyrerp gritut to eoec its U.S. ed-etruas.
stutome rnkdeot exitnes alipt osenmevmrp to rgi the rpyreo on the lui-eant katr for the irt ei. mvnoeseprm ee tdaegr at areigcns the stncevtrteai of the poeryr to a worig mla tean ktra. soneemvrmp udlndc a eoeplm nniotaev of all ldgiiu isbob and essorot to “nuyot lb” tdarasn, gsllitan an on-ie ie, esint trne, and ofnrneee tner. usemtto itu out cp iffe usti and ehidvc ED-CS rlvi atrsand on one of the liiusnd.
hee emnpsmover stedul in the eixtnns of and ear cenaer in nse to gitsxi snane and the eae up of uh of the te of the eprroy to uitple enans, iucglnd 130,000 ueqa et to saereh in ntio. mtltyeai, aehesr in oint cdshuar the teni oyrerp gritut to eoec its U.S. ed-etruas.
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