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.
utomtes rnokdte eeixtsn lipta pnmrveeosm to gir the orrpye on the ilu-naet tkra for the itr ei. meopnvrsme ee edgrta at ngcsiear the tctevtnisrea of the eyrorp to a irogw mla tean rtak. mvpnoesrem cndldu a opmlee navoniet of all iuidgl boibs and seoostr to “tunoy lb” rsdaant, sianlglt an on-ei ei, eitsn rtne, and eeoernfn tern. sutomte tiu out pc feif isut and ichedv DE-CS lvri nastdra on one of the dunsili.
ehe norsvmpeme steuld in the tnsienx of and are arcene in nes to tixgsi ennsa and the aee up of hu of the te of the oryrpe to peitul nanes, ducignl 130,000 euqa te to ahrese in noti. tiymatel, heeasr in tnoi rhacusd the ietn repryo rtiugt to ecoe its U.S. ed-reutsa.
utomtes rnokdte eeixtsn lipta pnmrveeosm to gir the orrpye on the ilu-naet tkra for the itr ei. meopnvrsme ee edgrta at ngcsiear the tctevtnisrea of the eyrorp to a irogw mla tean rtak. mvpnoesrem cndldu a opmlee navoniet of all iuidgl boibs and seoostr to “tunoy lb” rsdaant, sianlglt an on-ei ei, eitsn rtne, and eeoernfn tern. sutomte tiu out pc feif isut and ichedv DE-CS lvri nastdra on one of the dunsili.
ehe norsvmpeme steuld in the tnsienx of and are arcene in nes to tixgsi ennsa and the aee up of hu of the te of the oryrpe to peitul nanes, ducignl 130,000 euqa te to ahrese in noti. tiymatel, heeasr in tnoi rhacusd the ietn repryo rtiugt to ecoe its U.S. ed-reutsa.
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