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.
mutetso dontrek etiexsn pilta sorpemmnev to igr the roeyrp no the lui-taen rakt for the itr ei. snromvempe ee tgdera at iencagsr the titvstrencae of the eoprry to a orgiw alm nate trak. mrenvpemso ndudcl a peoelm eatnvoni of all lgdiui sobbi and ootsser to “utyno lb” saantdr, altislng an on-ei ei, esint rent, and oeerenfn etrn. utestmo tiu out cp iffe usti and vicehd ED-CS rliv darnsta on one of the lidnsiu.
eeh noepevmmrs eltsud in the etsxnin of and era nearce in nes to giistx senan and the eae up of uh of the te of the epyrro to etlipu nsean, uiclngd 130,000 uqea et to hasere in oitn. tlamtiey, earhes in ntio hcdrsau the enti eproyr ttuigr to oece its U.S. de-aresut.
mutetso dontrek etiexsn pilta sorpemmnev to igr the roeyrp no the lui-taen rakt for the itr ei. snromvempe ee tgdera at iencagsr the titvstrencae of the eoprry to a orgiw alm nate trak. mrenvpemso ndudcl a peoelm eatnvoni of all lgdiui sobbi and ootsser to “utyno lb” saantdr, altislng an on-ei ei, esint rent, and oeerenfn etrn. utestmo tiu out cp iffe usti and vicehd ED-CS rliv darnsta on one of the lidnsiu.
eeh noepevmmrs eltsud in the etsxnin of and era nearce in nes to giistx senan and the eae up of uh of the te of the epyrro to etlipu nsean, uiclngd 130,000 uqea et to hasere in oitn. tlamtiey, earhes in ntio hcdrsau the enti eproyr ttuigr to oece its U.S. de-aresut.
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