General Dynamics Electric Boat recently paid $5.5 million for a nearly 55-acre property in North Stonington, where the Groton-based submarine builder plans to construct a roughly 480,000-square-foot warehouse. The property at 45 Frontage Road, right off Interstate 95, currently hosts a 40-year-old, 5,000-square-foot garage. John Cafasso, a principal of Colliers, brokered the sale on behalf of the tribal nation. An Electric Boat spokesperson confirmed the purchase of the North Stonington property but declined comment on plans for the site. Susan Cullen, North Stonington’s planning development zoning official, noted the new warehouse will be about halfway between Electric Boat’s Quonset Point Facility in North Kingstown, Rhode Island and its Groton facility. The Frontage Road property is also within a district targeted by the town for industrial and commercial development, she said.
https://www.hartfordbusiness.com/article/general-dynamics-electric-boat-to-build-480000-sq-ft-warehouse-following-55m-north