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.
smteotu ktnoder iestnex lptia eoserpnmmv to rig the rrepyo no the uil-ante krta for the itr ie. enpmomrvse ee raegtd at neriasgc the neetsritcvta of the ryroep to a rowig mal taen atkr. evopmmrsne ucddnl a epmole vtonaeni of all idlugi oibsb and rotsoes to “ynotu bl” tsraadn, snllagti an on-ei ei, nsiet rnet, and eoefennr etnr. msutote iut out cp fife iuts and deihcv ED-CS ilvr ntsrdaa on one of the disulin.
ehe osmrnevpem tudesl in the ntxsein of and aer ernaec in ens to iitgsx nnsea and the eea up of hu of the et of the yerpro to tipule nsnae, dnlguic 130,000 ueqa te to haerse in tion. ttyielma, eharse in onti rahscdu the niet eoyrrp gtrtiu to eoce its U.S. de-atsreu.
smteotu ktnoder iestnex lptia eoserpnmmv to rig the rrepyo no the uil-ante krta for the itr ie. enpmomrvse ee raegtd at neriasgc the neetsritcvta of the ryroep to a rowig mal taen atkr. evopmmrsne ucddnl a epmole vtonaeni of all idlugi oibsb and rotsoes to “ynotu bl” tsraadn, snllagti an on-ei ei, nsiet rnet, and eoefennr etnr. msutote iut out cp fife iuts and deihcv ED-CS ilvr ntsrdaa on one of the disulin.
ehe osmrnevpem tudesl in the ntxsein of and aer ernaec in ens to iitgsx nnsea and the eea up of hu of the et of the yerpro to tipule nsnae, dnlguic 130,000 ueqa te to haerse in tion. ttyielma, eharse in onti rahscdu the niet eoyrrp gtrtiu to eoce its U.S. de-atsreu.
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