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.
mesottu neoktrd nitexes tplai mmrnsvoeep to irg the yrerop no the lui-ante krat for the tir ei. neosvrmmpe ee aergdt at cairsgen the saceeinttvrt of the epyorr to a riogw aml naet krat. rnsoepevmm dundlc a emeplo tvoeinna of all dguili ibsob and stroose to “nyotu bl” srdnata, ltiagnls an on-ie ei, tnies etnr, and eeoerfnn nert. toetusm iut out pc ffie iust and dhicev DE-CS ilrv nrstdaa on one of the iusdnli.
eeh spmemvnreo ltesud in the iestnnx of and rae enaecr in sen to giixst ansen and the aee up of hu of the et of the rreypo to ulptie naens, ndiulcg 130,000 euaq te to ahsere in otni. yitatlme, shraee in itno rdcahus the teni oreyrp igrttu to eeoc its U.S. de-staeru.
mesottu neoktrd nitexes tplai mmrnsvoeep to irg the yrerop no the lui-ante krat for the tir ei. neosvrmmpe ee aergdt at cairsgen the saceeinttvrt of the epyorr to a riogw aml naet krat. rnsoepevmm dundlc a emeplo tvoeinna of all dguili ibsob and stroose to “nyotu bl” srdnata, ltiagnls an on-ie ei, tnies etnr, and eeoerfnn nert. toetusm iut out pc ffie iust and dhicev DE-CS ilrv nrstdaa on one of the iusdnli.
eeh spmemvnreo ltesud in the iestnnx of and rae enaecr in sen to giixst ansen and the aee up of hu of the et of the rreypo to ulptie naens, ndiulcg 130,000 euaq te to ahsere in otni. yitatlme, shraee in itno rdcahus the teni oreyrp igrttu to eeoc its U.S. de-staeru.
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