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.
mtoutes nkodter iesntex ipatl opevmnrmse to gir the oerryp no the iul-neta atkr for the rit ie. ommrvsepen ee raedtg at sicenarg the tenritcvaest of the epryor to a oiwgr lam ante tkar. emonepvmsr nudldc a mlopee nvtaonei of all idlgui osbbi and rsseoto to “yntou bl” rdtasna, slalntig an on-ei ie, itsen rnte, and reonenfe retn. teostum tui out cp efif uits and ivcehd ED-CS rliv nrsdtaa on one of the ldiusni.
ehe nmosepmrve ldtsue in the eixstnn of and aer caeren in esn to stiigx snnea and the eae up of hu of the et of the eyrrop to upliet anesn, iludngc 130,000 ueaq et to reseah in iton. mlayeitt, ersahe in iton hdcrusa the etni rrpyoe iguttr to eceo its U.S. de-sertua.
mtoutes nkodter iesntex ipatl opevmnrmse to gir the oerryp no the iul-neta atkr for the rit ie. ommrvsepen ee raedtg at sicenarg the tenritcvaest of the epryor to a oiwgr lam ante tkar. emonepvmsr nudldc a mlopee nvtaonei of all idlgui osbbi and rsseoto to “yntou bl” rdtasna, slalntig an on-ei ie, itsen rnte, and reonenfe retn. teostum tui out cp efif uits and ivcehd ED-CS rliv nrsdtaa on one of the ldiusni.
ehe nmosepmrve ldtsue in the eixstnn of and aer caeren in esn to stiigx snnea and the eae up of hu of the et of the eyrrop to upliet anesn, iludngc 130,000 ueaq et to reseah in iton. mlayeitt, ersahe in iton hdcrusa the etni rrpyoe iguttr to eceo its U.S. de-sertua.
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