News: Front Section
Posted: December 15, 2017
Digital Federal Credit Union acquired 297 Billerica Rd., Chelmsford
Chelmsford, MA Due to rapid growth, Digital Federal Credit Union (DCU) has acquired 297 Billerica Rd., which was built and formerly occupied by Kronos Inc., who relocated its global headquarters to Cross Point in Lowell to accommodate the company’s growth. The three-story 129,000 s/f first class office building features a data center, outdoor grilling and seating, training rooms, in-house café, and showers/locker rooms.
DCU is one of the fastest growing credit unions in the United States. DCU will maintain their buildings in Marlborough and Lowell, and the acquisition of 297 Billerica Rd. will accommodate continued expansion.
The CBRE/New England team of Mark Reardon, Peter Dominski, Alex Plaisted and Ben Roopenian represented Anchor Line Partners on behalf of Kronos. Garry Holmes, president at R.W. Holmes Realty, represented DCU.
CB Richard Ellis – N.E. Partners, LP, a joint venture with CBRE Group, Inc. has offices in Massachusetts, Connecticut, Rhode Island, Maine and New Hampshire. Please visit our website at www.cbre-ne.com. CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2016 revenue). The company has more than 75,000 employees (excluding affiliates), and serves real estate investors and occupiers through approximately 450 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services.
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Hingham, MA The Conrad Group has brokered the sale of 55 Research Rd., South Shore Park. The property consists of a 20,340 s/f single story manufacturing building on two acres of land.
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