Norwich, CT – Dime Bank financed a multimillion dollar project for Norwich Orthopedic Group’s real estate affiliate to construct a medical office building in East Lyme, Connecticut, scheduled to open May, 2016.

The new building, and second location, will be at 11 Industrial Park Road. The new offices will occupy approximately 15,000 square feet of Class A medical office space to accommodate the growing practice of Norwich Orthopedic Group. The building will have approximately 15,000 square feet of unfinished Class A medical office space available for lease. The offices will be visible from I-95, next to Bob’s Furniture and near the East Lyme Stop & Shop.

“Dime Bank is pleased to continue our support for Norwich Orthopedic Group,” Brian McNamara, SVP and Dime’s Chief Lending Officer, said. “Dime provided financing 10 years ago to construct the group’s current facility in Franklin. The success of the practice has allowed Norwich Orthopedic to take this step to expand its practice and bring its expertise to the shoreline.  As a community bank, Dime is pleased for the opportunity to support the construction of new, high quality medical facilities in our market.” 

Tammie Simao, CEO of Norwich Orthopedic Group, said, “With Dime’s help, we are constructing a new facility that will give the eastern Connecticut shoreline access to Norwich Orthopedic Group’s highly respected doctors and their wide range of orthopedic specialties. We expect to have top tier medical professionals lease space in our building because of its quality construction and convenient, highly visible location.” About Dime Bank:
Established in 1869, Dime Bank is a mutual bank with over $770 million in assets and 11 convenient branch locations throughout southeastern and shoreline Connecticut and Westerly, Rhode Island. As a full-service financial institution, Dime offers consumer and commercial banking, home mortgages, trust services, and through Dime Investment Services, a subsidiary of Dime Bank, insurance and investment services – all delivered with a personal touch. BauerFinancial, Inc., a national bank rating firm, recognized Dime Bank, as one of the strongest banks in the nation. For more information about Dime Bank, visit https://dime-bank.com.