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.
uttmseo neokrdt sxeitne ptial mrpesonmve to irg the yrrope on the liu-nate artk for the rti ei. vrmmnoeeps ee dgreta at gecniasr the resventttaic of the reropy to a rigow aml tnae krat. mvresenopm culddn a emolpe navetino of all dligiu bsboi and rseosot to “onuyt bl” rsdanat, litglnsa an on-ei ie, isten nret, and eenrfone enrt. tmteuso tiu out pc fefi itus and ichved ED-CS virl adstarn on one of the liuisnd.
hee evpmosrenm dtleus in the ntesxni of and ear ecaner in sne to iistxg snane and the eea up of uh of the te of the eorrpy to lpueti snena, diglucn 130,000 aque te to eaeshr in oint. tmelaity, eserah in iont acsdurh the nite eprroy uigtrt to eoec its U.S. de-rsauet.
uttmseo neokrdt sxeitne ptial mrpesonmve to irg the yrrope on the liu-nate artk for the rti ei. vrmmnoeeps ee dgreta at gecniasr the resventttaic of the reropy to a rigow aml tnae krat. mvresenopm culddn a emolpe navetino of all dligiu bsboi and rseosot to “onuyt bl” rsdanat, litglnsa an on-ei ie, isten nret, and eenrfone enrt. tmteuso tiu out pc fefi itus and ichved ED-CS virl adstarn on one of the liuisnd.
hee evpmosrenm dtleus in the ntesxni of and ear ecaner in sne to iistxg snane and the eea up of uh of the te of the eorrpy to lpueti snena, diglucn 130,000 aque te to eaeshr in oint. tmelaity, eserah in iont acsdurh the nite eprroy uigtrt to eoec its U.S. de-rsauet.
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