Digital Federal Credit Union Acquires 297 Billerica Road In Chelmsford


Due to rapid growth, Digital Federal Credit Union (DCU) has acquired 297 Billerica Road in Chelmsford, which was built and formerly occupied by Kronos Incorporated, who recently relocated its global headquarters to Cross Point in Lowell to accommodate the company’s growth. The three-story 129,000 SF first class office building features a state-of-the-art 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—not only delivering exceptional banking products and services, but also genuinely caring about their members and employees. DCU will maintain their buildings in Marlborough and Lowell, and the acquisition of 297 Billerica Road will accommodate continued expansion. Kronos is a leading provider of workforce management and human capital management cloud solutions. Kronos industry-centric workforce applications are purpose-built for businesses, healthcare providers, educational institutions, and government agencies of all sizes. Tens of thousands of organizations—including half of the Fortune 1000®—and more than 40 million people in over 100 countries use Kronos every day.

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.

About CBRE/New England 

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 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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