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Boston & New England  + Metro Boston  + Office  | 

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.

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.

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