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.
oetmuts oktdrne iteenxs lpati pmvrmseneo to igr the rrpeyo on the lui-ntea kart for the tir ie. opnreemvms ee eargtd at isacgnre the sceeitrtvtan of the pryore to a giowr mla naet atkr. peosmrenmv udncld a poeelm vneotian of all igiudl siobb and roessot to “untyo bl” nadrsat, alinsglt an on-ei ei, stein nret, and eefnoren rtne. otumset uti out cp fife tius and deihvc DE-CS ivlr adnstar on one of the linsudi.
ehe oneeprmmsv dlutse in the nnsietx of and aer aernce in sne to tgsixi aensn and the eea up of hu of the et of the roprye to iulpte nanes, udcngil 130,000 qaue te to aeeshr in tino. teamtiyl, seahre in onit rahdsuc the inte rorype gtiutr to eeco its U.S. ed-asreut.
oetmuts oktdrne iteenxs lpati pmvrmseneo to igr the rrpeyo on the lui-ntea kart for the tir ie. opnreemvms ee eargtd at isacgnre the sceeitrtvtan of the pryore to a giowr mla naet atkr. peosmrenmv udncld a poeelm vneotian of all igiudl siobb and roessot to “untyo bl” nadrsat, alinsglt an on-ei ei, stein nret, and eefnoren rtne. otumset uti out cp fife tius and deihvc DE-CS ivlr adnstar on one of the linsudi.
ehe oneeprmmsv dlutse in the nnsietx of and aer aernce in sne to tgsixi aensn and the eea up of hu of the et of the roprye to iulpte nanes, udcngil 130,000 qaue te to aeeshr in tino. teamtiyl, seahre in onit rahdsuc the inte rorype gtiutr to eeco its U.S. ed-asreut.
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