Building & Land Technology buys 120 Long Ridge Road from GE Energy Financial Services

An affiliate of Building & Land Technology, owned by Carl and Paul Kuehner, purchased 120 Long Ridge Rd. from GE and simultaneously leased its landmark 800 Long Ridge Rd. property 1.5 miles north to GE Energy Financial Services. GE Energy Financial Services will remain at 120 Long Ridge Rd. for one year before moving to the former Xerox headquarters at 800 Long Ridge. Xerox recently moved to its new headquarters in Building and Land Technology's Towers complex in Norwalk. GE Energy Financial Services will begin its 15-year lease at 800 Long Ridge in January 2009, when the building's total renovation is scheduled for completion. 800 Long Ridge property consists of 275,000 s/f. 120 Long Ridge corporate campus consists of 300,000 s/f of class A office space.