LOWELL, MA—Anchor Line Partners andFarallon Capital Management report they haveacquired the Cross Point three-building complex here and have begunconstruction on the repositioning of the 1.2-million-square-footoffice and retail property.
Newly formed Anchor Line is led by industry veteransAndrew Maher, a former managing director at EquityOffice Properties' Boston office and BrianChaisson, a former regional director at Tishman Speyer'sBoston office, along with their strategic partner, former TishmanSpeyer Senior Managing Director Casey Wold.
The firm plans to transform the property originally built as theheadquarters for technology firm Wang, for the next generationworkplace, with the addition of multi-purpose campus-stylefeatures. Boston-based Anchor Line's capital partner is FarallonCapital Management, L.L.C., a San Francisco-based asset managementfirm.
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John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
