Quinnipiac University signed a long-term lease for a portion ofthe 574,748-sf, four-building campus at 370 Basset Rd. It isbelieved that the term is about 10 years. Wellpoint subsidiaryAnthem Blue Cross and Blue Shield will lease more than 400,000 sfof the 104-acre complex.

Quinnipiac University will renovate a now vacant 150,000-sfbuilding that that until recently was occupied by Anthem Blue Crossand Blue Shield. The university intends to house graduate programsin the building, beginning in fall 2009. University officials saythat it will gain access to other buildings at the property over a10-year period and will establish a Gradate Education Center at thesite, housing most if not all of its schools health sciences,business, communications, law and education.

"Completing the purchase agreement for the North Haven campus isan important milestone in our plans to create a Graduate EducationCenter on the site," says Quinnipiac president John L. Lahey. Noresidential housing is planned for the property.