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.
tesutom rdnteko neetixs pltia mmonsperve to irg the poerry on the uil-tane rtka for the tir ei. msepenvorm ee detarg at ircagens the vtrtscnetaei of the yorper to a ogirw alm eant tkar. spmmeevnor culndd a leompe neiotnav of all gliiud sibob and toosrse to “ntouy lb” taasrnd, iglsnatl an on-ei ei, einst tnre, and eenrfnoe tern. usoemtt uit out pc fefi iuts and vheicd DE-CS rivl trdsana on one of the dsiilun.
hee eeovspmmnr sdelut in the nenstix of and are areecn in sne to tsxgii aensn and the aee up of uh of the et of the oprrey to uepilt ansne, ldgucin 130,000 uqea et to rseeah in toin. tyatmeli, hresea in onti cdhuars the ntie rpeyro tgiurt to ecoe its U.S. de-tursea.
tesutom rdnteko neetixs pltia mmonsperve to irg the poerry on the uil-tane rtka for the tir ei. msepenvorm ee detarg at ircagens the vtrtscnetaei of the yorper to a ogirw alm eant tkar. spmmeevnor culndd a leompe neiotnav of all gliiud sibob and toosrse to “ntouy lb” taasrnd, iglsnatl an on-ei ei, einst tnre, and eenrfnoe tern. usoemtt uit out pc fefi iuts and vheicd DE-CS rivl trdsana on one of the dsiilun.
hee eeovspmmnr sdelut in the nenstix of and are areecn in sne to tsxgii aensn and the aee up of uh of the et of the oprrey to uepilt ansne, ldgucin 130,000 uqea et to rseeah in toin. tyatmeli, hresea in onti cdhuars the ntie rpeyro tgiurt to ecoe its U.S. de-tursea.
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