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Pfizer Inc. (PFE) Wants to Demolish Old Groton R&D Building


8/9/2012 7:32:06 AM

Pfizer Inc.'s announcement Wednesday that it will apply for permits to pave the way for demolishing its original research headquarters off Eastern Point Road left some officials scratching their heads about whether the company is serious about marketing its property. "It potentially sends a very wrong message," Town Manager Mark Oefinger said. "I don't believe this is a fait accompli (an irreversible decision), but it is going to be interpreted by some people that it is a fait accompli." The New York-based pharmaceutical giant told employees in Groton Wednesday that it has started the process of applying for permits to demolish the 750,000-square-foot Building 118 complex, but officials said they still hope to market the property.

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