25 Norwich

NORTH STONINGTON: The Electric Boat Corp has signed a lease for a 125,000 square feet including 72,439 square foot high bay warehouse space at located at Eagle Park, 25 Norwich Westerly Road situated on 35 acres. The building owned by Mashantucket Pequot Tribal Nation (MPTN) also contains 53,376 square feet of office space. EB will occupy the entire building based on their expectedexpansion requirements. According to the New London Day newspaper, EB is expected to move 400 design and engineering staff to the facility.

David Rozen, CFO of MPTN said, “This agreement makes sense from a business perspective, while also supporting our neighbor Electric Boat and maintaining our commitment to the local economy.”

John Cafasso, CCIM, of Colliers International secured the long term lease.