Jabra plans to move North American Headquarters to Boston.
INTERNET BUSINESS NEWS-(C)1995-2014 M2 COMMUNICATIONS
Jabra said that it will move its North American headquarters to Cross Point in Lowell, MA, located in the Boston technology corridor.
"Jabra is outpacing industry growth and winning new customers in North America every day, therefore we felt it was time for our physical headquarters location to be the sort of focal point we need for showcasing our technology to customers and recruiting the best talent available," Jabra North America president Pete Fox said. "The move to Cross Point allows us to create a space that has everything we need in a headquarters facility, from a highly branded environment for our employees and guests to a Jabra Experience Center to demonstrate our intelligent audio solutions," Fox continued.
The new North America headquarters at Cross Point is in the heart of Boston's technology corridor at the intersections of Route 495, Route 3 and the Lowell Connector. The landmark location is comprised of three interconnecting towers totaling over 1.2 million square feet.
Anchor Line Partners and Farallon Capital Management, L.L.C. acquired Cross Point in June and began significant renovations in August. Once complete, the Cross Point campus will feature fresh on-site amenities such as innovative meeting spaces, a new fitness center with yoga studio and an open recreational space for activities including a golf simulator, a renovated cafeteria, planned full-service restaurant, bike storage and a brand new on-site day care.
Jabra's move is scheduled for early second Quarter 2015.
Jabra is the brand of GN Netcom, a subsidiary of GN Store Nord A/S (GN) - listed on NASDAQ OMX. Jabra employs approximately 925 people worldwide and in 2013 produced annual revenue which amounted to DKK2,612 million. Jabra is a world leader in the development, manufacturing, and marketing of a broad range of communications and audio solutions. Learn more at http://www.jabra.com.
Anchor Line Partners, LLC is a multi-faceted investment firm focusing on value-add commercial real estate assets.
Farallon Capital Management is a global institutional asset management firm founded in 1986. Learn more at www.faralloncapital.com.
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|Comment:||Jabra plans to move North American Headquarters to Boston.|
|Publication:||Internet Business News|
|Date:||Dec 19, 2014|
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