Anchor Line Partners and Farallon Capital Management LLC unveil $10 million investment at Cross Point

November 06, 2015 - Owners Developers & Managers

Lowell, MA  Anchor Line Partners and Farallon Capital Management LLC were joined by city manager Kevin Murphy, state representative David Nangle and Lowell’s own Mickey Ward, to launch the new Cross Point tower. The $10 million investment is designed to meet the evolving needs and expectations of companies and their workforce, fostering collaboration and activity and new modern amenities including innovative workspaces, recreational facilities, curated food selections 

Fuel Café at Cross Point - Lowell, MA Fuel Café at Cross Point - Lowell, MA

Located at the intersection of Rte. 3 and I-495, the most active submarket within metro north, Cross Point features flexible work environments, easy access, and an amenity rich campus. Amenities include a modern gym providing challenge, as well as tranquility, with yoga classes, gaming center, ping-pong, weight room, and golf-simulator.

The property features an on-site restaurant, for a vibrant dining experience & change of scenery, grab a beer and a burger and head out to the outdoor patio without leaving the Cross Point campus. A new thoroughfare and walking paths direct visitors through color coordinated wayfinding, while a mix of glass, reclaimed wood, and light bring the outside in. The Lawn, a community space, hosts large intellectual and social events such as industry panels, or family Crosspoint signagemovie nights. Fuel Café offers diverse experiences set in a stylish and inspirational environment. Enjoy a latte and book, host a team lunch in the private dining area, or catch the home opener on the pub couch. Fuel up wile doing some real social networking.

Cross Point is within the highly coveted global investment market, drawing from Boston, suburban Boston, and Southern New Hampshire markets. Cross Point is currently home to Vantiv, Jabra, Tavern in the Square, Little Sprout, Intertek, Regus, and most recently, Captivate, a location- based video media network, which secured 15,000 s/f. Captivate operates a network of 12,000 elevator and lobby availability in the building, including 350,000 s/f in Tower 1.

Art installations include a 120 ft. mural in the lobby, highlighting the evolution of Lowell, and Graffiti tagged generators. Other community involvement and engagement includes hosting Middlesex Collaborative volunteers at the building, lighting on the roof on Sunday to signal the trash pickup, & lighting the building blue to support the local police department.

Anchor Line Partners has successfully repositioned and developed office complexes in Greater Boston and other major markets around the country.

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