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.
tmuoset tnekord ntiesxe aiptl pnermmvsoe to rig the eoprry no the iul-aten akrt for the irt ie. nsvmmoreep ee trdage at rnsegcia the cesnerttvita of the rproey to a goirw aml aten rakt. mrempesovn nclddu a mpolee aionevtn of all giuild sbiob and estosor to “utoyn bl” astadrn, lslgniat an on-ie ie, inets entr, and oneneefr etrn. ttoesum tiu out cp feif uist and hcevid ED-CS rvil tdaarns on one of the sniiuld.
hee mnomrvepes sldute in the ennsxit of and aer reenac in nse to tgsxii ensan and the aee up of uh of the te of the yoeprr to ltepiu anesn, gdnicul 130,000 uaeq et to sehrae in into. etltyiam, saehre in iton suahrdc the eint ryorep iurgtt to eceo its U.S. de-uartes.
tmuoset tnekord ntiesxe aiptl pnermmvsoe to rig the eoprry no the iul-aten akrt for the irt ie. nsvmmoreep ee trdage at rnsegcia the cesnerttvita of the rproey to a goirw aml aten rakt. mrempesovn nclddu a mpolee aionevtn of all giuild sbiob and estosor to “utoyn bl” astadrn, lslgniat an on-ie ie, inets entr, and oneneefr etrn. ttoesum tiu out cp feif uist and hcevid ED-CS rvil tdaarns on one of the sniiuld.
hee mnomrvepes sldute in the ennsxit of and aer reenac in nse to tgsxii ensan and the aee up of uh of the te of the yoeprr to ltepiu anesn, gdnicul 130,000 uaeq et to sehrae in into. etltyiam, saehre in iton suahrdc the eint ryorep iurgtt to eceo its U.S. de-uartes.
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