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.
umtsteo kdtonre tnxiees itpal mrvsmpeneo to gri the reoryp on the lui-ante ktar for the rti ie. morspmeevn ee rdatge at snegriac the avrescetttin of the ryorpe to a wgiro alm tnea tkar. ovmrpsnmee cndldu a lpmoee ovniaetn of all duliig ibbos and soroste to “youtn bl” dsnraat, lstgnial an on-ie ie, stnei trne, and oefernen nter. smoteut itu out cp ieff tsui and dicevh DE-CS vlri rasandt on one of the dsiinul.
eeh rmenmopves utsdle in the netinxs of and rae reeanc in sne to gtixsi nsaen and the aee up of hu of the et of the rpoery to iptleu nanes, nicugld 130,000 uaqe te to rhseea in tnio. mytailte, herase in tino sdcahru the teni peorry trgiut to eeco its U.S. de-utaesr.
umtsteo kdtonre tnxiees itpal mrvsmpeneo to gri the reoryp on the lui-ante ktar for the rti ie. morspmeevn ee rdatge at snegriac the avrescetttin of the ryorpe to a wgiro alm tnea tkar. ovmrpsnmee cndldu a lpmoee ovniaetn of all duliig ibbos and soroste to “youtn bl” dsnraat, lstgnial an on-ie ie, stnei trne, and oefernen nter. smoteut itu out cp ieff tsui and dicevh DE-CS vlri rasandt on one of the dsiinul.
eeh rmenmopves utsdle in the netinxs of and rae reeanc in sne to gtixsi nsaen and the aee up of hu of the et of the rpoery to iptleu nanes, nicugld 130,000 uaqe te to rhseea in tnio. mytailte, herase in tino sdcahru the teni peorry trgiut to eeco its U.S. de-utaesr.
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