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IBM Inks 151K-SF Office Lease in Lowell
IBM has signed a 150,608-square-foot office lease at the Crosspoint office park in Lowell, MASS.
CrossPoint is an office park comprised of three towers, located at the intersection of Interstate 495 and Route 3 in Lowell. The owner, Anchor Line Partners, have invested more than $15 million into the complex since acquisition to meet the evolving needs and expectations of the modern workforce. Although 95% of IBM’s local workforce has worked remotely during the COVID-19 pandemic, the firm expects to bring its employees back to the office by the end of the year, and willultimately occupy four floors at CrossPoint’s Tower 3.
Blake Baldwin, Michael Dalton and Shayne O’Neil represented Anchor Line Partners in the transaction. Brendan Callahan, Gabrielle Harvey and Brian Tisbert of JLL represented IBM.
- ◦Lease
