Nov. 2021: Rob Nahigian, FRICS, SIOR, CRE, MCR of Auburndale Realty Co., Newton, Mass. is pleased to announce the completion of a corporate lease with Deep Edge Realty of Boston in Reno, Nevada. Rob has been engaged by Deep Edge since 2020 as its national real estate director on a consulting basis. Deep Edge has a long term plan to acquire or lease up to twenty locations throughout the U.S. Deep Edge is a data center operations backed by private equity. Rob has been evaluating sites for fiber optics, arranging tours, negotiating leases or purchases, providing overall advice on tenant renewals and the scope of this national program. Martin Hannigan is the Founder and CEO of Deep Edge located in Boston, MA. Martin stated that “Rob Nahigian in our opinion is probably the most knowledgeable commercial broker and advisor in the Boston market. He is light years ahead of the competition and were excited to have him on our leadership team.”Currently Rob is in the process of negotiating with Martin in nine separate cities. Deep Edge recently purchased an office building in Charlotte, NC at 701 E. Trade Street. The office building contains approximately 37,070 square feet. In Reno, Deep Edge leased space at 200 South Virginia during November, 2021 from Basin Street Properties, a prominent northern Nevada and N. California real estate investment firm. Deep Edge will lead the Reno market with solutions with internet core infrastructure by offering location-focused infrastructure and interconnection solutions that decrease cost, increase the building value and add additional end-user performance. 200 South Virginia is a nine-story, 119,800 sf Class A office building located in an Opportunity Zone in Reno.Rob has also negotiated a Purchase Contract for an office building in another area of the Northeast U.S. Two other leases are being negotiated currently in the Mid-West U.S.
Nov. 2021: Rob Nahigian, FRICS, CRE, SIOR, MCR of Auburndale Realty Co., Newton, Mass. is pleased to announce that he has completed a counseling assignment for Southbridge Associates, LLC on the Southbridge Hotel and Conference Center, Southbridge, MA. The Conference Center contains two levels of office space that was leased to the U.S. Department of Defense for the last twenty years. The Hotel and Conference Center was formally the headquarters of American Optical for decades. AO eventually closed its operations and the property was eventually sold to Southbridge Associates, LLC. The new ownership converted the headquarters space into a 203 room high end hotel. The lobby traverses to a professional conference center that is engaged by outside professional associates and trade organizations. The property is part of a larger complex of over 1 million square feet of industrial and office space. Rob’s focus was on the 263,379 square feet of hotel and conference center. His research was to study the macro-economic development of the Southbridge marketplace and its future development opportunities.Rob spent from July to November, 2021 studying the entire marketplace, interviewing over 55 professionals, state and local public officials and local residents to create a strategic analysis, evaluation and plan that focused on Southbridge and the hotel/conference center. Recommendations were submitted as well as insight on the future of the Southbridge marketplace and how the marketplace would be repositioned.