The lease deal is reportedly for 15 years. GE Energy FinancialServices is expected to take occupancy of its new space by January2009. An entity of Building and Land Technology of Norwalk acquired800 Long Ridge Rd. from Xerox on Dec. 29, 2006 in a deal valued atapproximately $55 million. In March 2007, Xerox announced that ithad signed a sublease for three floors--approximately 100,000 sf ofspace--with Hewitt Associates at Building and Land Technology's 45Glover Ave. building in Norwalk and had also signed a lease ofapproximately 7,000 sf at BLT's 901 Main Ave. in Norwalk. Bothbuildings are located in BLT's Tower's office complex. Xerox wasbelieved to have vacated the 800 Long Ridge Rd. building a fewmonths ago.

Sources say the deal between GE Energy Financial Services andBuilding and Land Technology closed in late December making it thelargest lease deal of 2007 in Fairfield County. GE Energy FinancialServices headquarters operations are currently housed at 120 LongRidge Rd. in Stamford.

[IMGCAP(2)]A representative of Building and Land Technology hadno comment expect to say that the firm was expected to issue apress release concerning its 800 Long Ridge Rd. property soon. KenKoprowski, a GE Energy Financial Services spokesman, had no commentwhen contacted by GlobeSt.com.