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.
tousemt ndretok etxseni tapli merponvesm to rgi the yrproe no the liu-neta tkar for the rti ie. smenepovrm ee gaterd at sraiengc the tetcrvisatne of the rrepoy to a irwgo mal etna tark. mreespvonm ducdnl a eopeml ntoeinav of all lugdii bsobi and ssootre to “ntuoy bl” stranda, ntsliagl an on-ei ei, seitn tren, and nofneere enrt. seouttm uit out pc effi tisu and iecvdh ED-CS rvil atrdsan on one of the uldisin.
hee msmneovepr lusedt in the tinsnxe of and ear anceer in esn to ixtsig neans and the aee up of uh of the et of the poeryr to iutpel esnna, iulcgnd 130,000 eqau te to hserea in tnio. aettmyli, sehrae in noit harcsud the neit ryproe ittgru to eceo its U.S. ed-ausetr.
tousemt ndretok etxseni tapli merponvesm to rgi the yrproe no the liu-neta tkar for the rti ie. smenepovrm ee gaterd at sraiengc the tetcrvisatne of the rrepoy to a irwgo mal etna tark. mreespvonm ducdnl a eopeml ntoeinav of all lugdii bsobi and ssootre to “ntuoy bl” stranda, ntsliagl an on-ei ei, seitn tren, and nofneere enrt. seouttm uit out pc effi tisu and iecvdh ED-CS rvil atrdsan on one of the uldisin.
hee msmneovepr lusedt in the tinsnxe of and ear anceer in esn to ixtsig neans and the aee up of uh of the et of the poeryr to iutpel esnna, iulcgnd 130,000 eqau te to hserea in tnio. aettmyli, sehrae in noit harcsud the neit ryproe ittgru to eceo its U.S. ed-ausetr.
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