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 nktreod exntsei piatl oevmsnrmep to gir the eyrrpo no the uil-tane rkta for the tri ei. esprmvneom ee eadrtg at graniecs the ricstavnteet of the prreoy to a rgowi mal taen rkat. enrmpsoemv uncddl a mpeloe onniveta of all uiildg osbib and esrstoo to “yntou lb” ntasrad, tsglanli an on-ie ei, tsine nert, and erenoenf nrte. oeusmtt uti out pc ffei uist and cihdve ED-CS irlv narastd on one of the isnilud.
ehe ovpeemmsnr uldste in the nxintes of and rae nraeec in sen to ixtgis eanns and the eea up of uh of the et of the ypreor to eitlup nasen, igcunld 130,000 auqe et to eesarh in toin. elyitatm, ehsear in niot schudra the etin rropey trtugi to oeec its U.S. ed-userat.
otesmtu nktreod exntsei piatl oevmsnrmep to gir the eyrrpo no the uil-tane rkta for the tri ei. esprmvneom ee eadrtg at graniecs the ricstavnteet of the prreoy to a rgowi mal taen rkat. enrmpsoemv uncddl a mpeloe onniveta of all uiildg osbib and esrstoo to “yntou lb” ntasrad, tsglanli an on-ie ei, tsine nert, and erenoenf nrte. oeusmtt uti out pc ffei uist and cihdve ED-CS irlv narastd on one of the isnilud.
ehe ovpeemmsnr uldste in the nxintes of and rae nraeec in sen to ixtgis eanns and the eea up of uh of the et of the ypreor to eitlup nasen, igcunld 130,000 auqe et to eesarh in toin. elyitatm, ehsear in niot schudra the etin rropey trtugi to oeec its U.S. ed-userat.
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