CrossHarbor Buys 1.2 Million-SF Cross Point Towers for $227 Million

by | Jan 31, 2018 | Commercial Real Estate News

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— Commercial Sales, Leasing, Real Estate, Consulting, and Brokering in Quincy, MA serving all the south shore including Quincy, Weymouth, Braintree, Milton, and Boston Massachusetts.

CrossHarbor Buys 1.2 Million-SF Cross Point Towers for $227 Million

CrossHarbor Capital Partners has acquired the 1.28 million-square-foot Cross Point office park in the Boston suburb of Lowell, MA in a $227 million deal reported by the Lowell Sun last Thursday.

The deal nets a sizeable return for local investment firm Anchor Line Partners and San Francisco-based institutional asset management company Farallon Capital Management, which in a joint venture acquired the three-building office park in mid-2014 for…

Article From: "Key Realty Commercial Real Estate News"   Read full article