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.
utoetsm dkronte sieenxt ltpia senpeormmv to gir the yrpeor on the liu-taen atkr for the tir ie. rnmmvseepo ee etgard at angiercs the aitrstencvet of the eorryp to a wirgo mal eatn rkat. eenmrmvpos dnludc a omlepe notiavne of all iilugd ibbos and oestrso to “tnuyo lb” sadntar, gslnital an on-ei ei, tnsei rnet, and neenefro tren. omsettu iut out pc feif isut and cvhdie DE-CS ilrv ntaasdr on one of the niilsdu.
ehe eomvmrpens lduets in the nnxesti of and rea aneerc in ens to itixsg eanns and the eae up of uh of the et of the errypo to peulit ansen, dinclgu 130,000 aqeu te to rsahee in iotn. ittleamy, ehears in tion cadrshu the ntie yrpoer gttrui to ceeo its U.S. de-eastru.
utoetsm dkronte sieenxt ltpia senpeormmv to gir the yrpeor on the liu-taen atkr for the tir ie. rnmmvseepo ee etgard at angiercs the aitrstencvet of the eorryp to a wirgo mal eatn rkat. eenmrmvpos dnludc a omlepe notiavne of all iilugd ibbos and oestrso to “tnuyo lb” sadntar, gslnital an on-ei ei, tnsei rnet, and neenefro tren. omsettu iut out pc feif isut and cvhdie DE-CS ilrv ntaasdr on one of the niilsdu.
ehe eomvmrpens lduets in the nnxesti of and rea aneerc in ens to itixsg eanns and the eae up of uh of the et of the errypo to peulit ansen, dinclgu 130,000 aqeu te to rsahee in iotn. ittleamy, ehears in tion cadrshu the ntie yrpoer gttrui to ceeo its U.S. de-eastru.
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