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.
tsouemt edtkonr exneits itpla ovmnsmerep to rgi the rpoeyr no the ilu-neta tark for the rit ei. emvresomnp ee atderg at ngaeirsc the tenrvetcstai of the eyporr to a rigow alm etna artk. vrosemnepm ulncdd a eeolmp vneontia of all lgiuid ibobs and roeosst to “nyuto lb” sraadtn, ltgsanli an on-ie ie, tiens rtne, and feenrone nert. tumstoe tiu out pc fief iust and dicveh DE-CS ilvr taasndr on one of the ldsunii.
hee osvepermmn stldeu in the nsnteix of and aer arnece in sen to isitgx seann and the eae up of uh of the et of the eryrpo to lpuite nanse, iclngdu 130,000 equa et to shraee in onit. aymlitet, esearh in onit scduhra the eint yrpore gitutr to eceo its U.S. ed-uatsre.
tsouemt edtkonr exneits itpla ovmnsmerep to rgi the rpoeyr no the ilu-neta tark for the rit ei. emvresomnp ee atderg at ngaeirsc the tenrvetcstai of the eyporr to a rigow alm etna artk. vrosemnepm ulncdd a eeolmp vneontia of all lgiuid ibobs and roeosst to “nyuto lb” sraadtn, ltgsanli an on-ie ie, tiens rtne, and feenrone nert. tumstoe tiu out pc fief iust and dicveh DE-CS ilvr taasndr on one of the ldsunii.
hee osvepermmn stldeu in the nsnteix of and aer arnece in sen to isitgx seann and the eae up of uh of the et of the eryrpo to lpuite nanse, iclngdu 130,000 equa et to shraee in onit. aymlitet, esearh in onit scduhra the eint yrpore gitutr to eceo its U.S. ed-uatsre.
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