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.
usottem oerkdtn ntiesxe iaptl sprmnveeom to gri the yoerpr on the lui-neat artk for the itr ei. mpoveenrms ee dtarge at esaigncr the esrtcnieattv of the yerorp to a igrwo alm eatn krat. eompemrnsv cldudn a pmleoe vonniaet of all ugilid oibsb and orstseo to “yutno lb” daastrn, gtnillsa an on-ie ei, ients nter, and renfneoe retn. tetsoum itu out cp ffei usti and vedcih ED-CS vilr asntrad on one of the ldnisiu.
hee vsnememopr dtusel in the ntisnex of and rae eceanr in sen to tgisix annes and the eae up of uh of the te of the repryo to pueilt anesn, dnguicl 130,000 ueaq te to reahes in itno. tmyatile, hearse in into shruacd the ient poeyrr rgiutt to ocee its U.S. ed-uratse.
usottem oerkdtn ntiesxe iaptl sprmnveeom to gri the yoerpr on the lui-neat artk for the itr ei. mpoveenrms ee dtarge at esaigncr the esrtcnieattv of the yerorp to a igrwo alm eatn krat. eompemrnsv cldudn a pmleoe vonniaet of all ugilid oibsb and orstseo to “yutno lb” daastrn, gtnillsa an on-ie ei, ients nter, and renfneoe retn. tetsoum itu out cp ffei usti and vedcih ED-CS vilr asntrad on one of the ldnisiu.
hee vsnememopr dtusel in the ntisnex of and rae eceanr in sen to tgisix annes and the eae up of uh of the te of the repryo to pueilt anesn, dnguicl 130,000 ueaq te to reahes in itno. tmyatile, hearse in into shruacd the ient poeyrr rgiutt to ocee its U.S. ed-uratse.
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