WATERTOWN, MA-The telecommunications company, Verizon, is renewing its 95,000-sf lease in Watertown, securing office and an equipment repair facility. The long-term lease keeps the 10-year tenured resident of 480 Arsenal St. on for another five years in the AMB owned property.

The facility is one of three buildings on an industrial cul-de-sac and its space is divided to provide 15,000 sf of office space for Verizon’s engineers. The rest of the building is utilized as a “Verizon vehicle storage and repair facility.” The combination of industrial and office space is one of the key factors for Verizon’s choice.

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