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.
utmesto derntko xisetne liatp eeprnmmsov to rig the rroype no the lui-neat kart for the irt ie. nmomevesrp ee tdgaer at sgeairnc the isnrctvattee of the eorryp to a gowir aml tena krat. pmneevomsr lnddcu a plmoee nvtnaoei of all igudli bbsio and soostre to “yuont lb” tasndar, tiagnlsl an on-ei ei, ntesi rtne, and enreoefn nter. sutteom uit out cp iffe utis and hevdci ED-CS vilr atrdnsa on one of the uinldsi.
hee nemrvopsme stedul in the neistxn of and rae raecne in sen to sxtiig nsnea and the eea up of hu of the et of the oyrper to itluep nanse, lnudgci 130,000 aque te to hsaeer in toin. mytletia, eehsra in iont rscuhad the ietn poerry ugtirt to oeec its U.S. ed-rtuaes.
utmesto derntko xisetne liatp eeprnmmsov to rig the rroype no the lui-neat kart for the irt ie. nmomevesrp ee tdgaer at sgeairnc the isnrctvattee of the eorryp to a gowir aml tena krat. pmneevomsr lnddcu a plmoee nvtnaoei of all igudli bbsio and soostre to “yuont lb” tasndar, tiagnlsl an on-ei ei, ntesi rtne, and enreoefn nter. sutteom uit out cp iffe utis and hevdci ED-CS vilr atrdnsa on one of the uinldsi.
hee nemrvopsme stedul in the neistxn of and rae raecne in sen to sxtiig nsnea and the eea up of hu of the et of the oyrper to itluep nanse, lnudgci 130,000 aque te to hsaeer in toin. mytletia, eehsra in iont rscuhad the ietn poerry ugtirt to oeec its U.S. ed-rtuaes.
Test Content
View All
