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.
umsotet retkdon esxtnie talip pevnomrmse to rgi the epyrro no the uli-ntae ratk for the tir ei. ersmemvnop ee gadret at iesargnc the eivrctttasen of the preroy to a wgroi alm eatn arkt. oempmvrnse ldnduc a elemop venotain of all uidlgi bbsio and tsroeso to “utoyn bl” aadrnst, snlagitl an on-ei ei, tiens netr, and nnfreoee ernt. euttmso tui out cp eiff situ and dehcvi ED-CS rvil aarndts on one of the nisluid.
ehe snevpmermo sldetu in the tnesnix of and ear recnae in ens to tisxgi aenns and the eea up of hu of the te of the rpryoe to luetpi esnan, uncligd 130,000 aque et to eaeshr in tino. imlayett, reesah in tnoi uradcsh the inte pyrero rtiutg to oeec its U.S. ed-eurtsa.
umsotet retkdon esxtnie talip pevnomrmse to rgi the epyrro no the uli-ntae ratk for the tir ei. ersmemvnop ee gadret at iesargnc the eivrctttasen of the preroy to a wgroi alm eatn arkt. oempmvrnse ldnduc a elemop venotain of all uidlgi bbsio and tsroeso to “utoyn bl” aadrnst, snlagitl an on-ei ei, tiens netr, and nnfreoee ernt. euttmso tui out cp eiff situ and dehcvi ED-CS rvil aarndts on one of the nisluid.
ehe snevpmermo sldetu in the tnesnix of and ear recnae in ens to tisxgi aenns and the eea up of hu of the te of the rpryoe to luetpi esnan, uncligd 130,000 aque et to eaeshr in tino. imlayett, reesah in tnoi uradcsh the inte pyrero rtiutg to oeec its U.S. ed-eurtsa.
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