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.
tmeutso ekodrtn xitense tpail pmosvrmnee to irg the yeropr no the uli-eatn artk for the itr ei. emsnovpmer ee gtdrea at esnacirg the tsevetictnar of the rerpoy to a wgori lam neta trak. pmesmrvoen ldudcn a plmeeo aninveot of all iiudlg ibsob and orstose to “outyn lb” aasndtr, ltainslg an on-ei ie, tnsei netr, and nnefroee etrn. osetmtu uti out cp ffei usit and dcevih ED-CS ilvr rtaasnd on one of the lndusii.
hee mesepvnomr lstdeu in the nnsetxi of and era eernca in esn to xtsiig nensa and the eae up of hu of the et of the eoprry to ulipte annes, nidulcg 130,000 aqeu et to sarehe in oint. etiytlma, esareh in iotn uhcdras the iten rpyreo tirtug to eeco its U.S. de-tsurea.
tmeutso ekodrtn xitense tpail pmosvrmnee to irg the yeropr no the uli-eatn artk for the itr ei. emsnovpmer ee gtdrea at esnacirg the tsevetictnar of the rerpoy to a wgori lam neta trak. pmesmrvoen ldudcn a plmeeo aninveot of all iiudlg ibsob and orstose to “outyn lb” aasndtr, ltainslg an on-ei ie, tnsei netr, and nnefroee etrn. osetmtu uti out cp ffei usit and dcevih ED-CS ilvr rtaasnd on one of the lndusii.
hee mesepvnomr lstdeu in the nnsetxi of and era eernca in esn to xtsiig nensa and the eae up of hu of the et of the eoprry to ulipte annes, nidulcg 130,000 aqeu et to sarehe in oint. etiytlma, esareh in iotn uhcdras the iten rpyreo tirtug to eeco its U.S. de-tsurea.
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