CADC Holdings’ second acquisition

Feb. 15, 2022 PORTLAND, MAINE, Rob Nahigian, FRICS, SIOR, CRE, MCR of Auburndale Realty Co., Newton, MA and Tom Moulton, CCIM, SIOR of Dunham-Group of Portland, Maine are pleased to announce that they represented CADC Holdings/DeepEdge of Boston, MA in its acquisition of 340 Cumberland Avenue, Portland, Maine. The sale occurred February 15, 2022 for $6,900,000. This office center facility is comprised of approximately 52,272 square feet in downtown Portland. This is the second office acquisition by CADC Holdings. Rob has been engaged as its national real estate consultant by Deep Edge to negotiate building acquisitions, lease renewals, new leases and brokerage agreements on acquisitions. Rob contacted Tom Moulton who is an SIOR in Portland to assist in its search for a Portland office facility. DeepEdge currently has a facility in Charlotte, NC that it purchased as an office/data center at 701 E. Trade Street, Charlotte, NC. It has recently leased space in Reno, NV. 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 operation backed by private equity. Martin Hannigan is the Founder and CEO of Deep Edge located in Boston, MA. Martin has worked at Level 3 Communication has Director of Network Operations, as well as working at INAP, EarthLink Internet, Verisign, Verne Global, Microsoft and others. He has a deep level of contacts in the data center/telecommunications industry. Deep Edge is backed by two U.S. private equity companies. Deep Edge recently purchased the 37,070 square foot Charlotte office building in late 2020 and the Portland facility in February, 2022.

Robert Nahigian

Author: Robert

Robert J. Nahigian, FRICS, SIOR, CRE, MCR has fifty years of real estate experience with forty-one years exclusively in commercial and industrial real estate. He has served as a developer, broker, advisor, litigation support/expert witness of approximately $ 5.2 billion of real estate totaling 43 million square feet. He is recognized as a global speaker and author in his industry and has served in many national leadership roles. Local and national real estate media and publications often called upon him for his expert opinion. He has received national and state real estate accomplishment awards for commercial real estate brokerage and real estate counseling and holds four of the most elite international commercial real estate accreditations in the industry (FRICS, SIOR, CRE, MCR). These designations are earned from the Royal Institute of Chartered Surveyors, The Society of Industrial and Office Realtors, The Counselors of Real Estate, and CoreNet Global. He was also elected to an honorary land economics society, Lambda Alpha International (LAI). He has contributed to the publication of four real estate books, has authored over 390 professional articles, and delivered a HUD report to President Carter and U.S. Congress on the most comprehensive study of public housing stock in U.S. history. Rob also drafted the first Economic Development Plan for the City of Bowie, MD. REAL ESTATE LEADERSHIP ROLES As an industry leader, he has served on many national, state, and local real estate committees (over 60 committees, subcommittees, task forces). He serves on the Counselors of Real Estate two task forces as a co-chair and member. He has served on the National Board of Directors; past National Vice-Chair Liaison; the National Executive Committee; National Budget & Finance; Presidential Task Forces; past National CRE Editor-in-Chief; past Chair of the James Felt Counseling Award; past New England Chapter President; past Chapter Board of Director and has served as a Chair and Vice-Chair of numerous CRE committees. ​For the Society of Industrial and Office Realtors, Rob is a Legacy Member and served on numerous committees and leadership roles including National Editorial Board, National Communications and Branding Committee; National Chair Education; National Chair, Faculty Committee; Education Executive Committee; New England Chapter President; National Nominating Committee; National Budget & Finance; National Board of Directors; National Executive Committee; National Northeast Regional Vice-President; National Vice-Chair of numerous committees; Co-Chair of the Boston Convention; Presidential Task Forces, National Instructor and served over 23 years on the New England Chapter Board of Directors. ​He has served on the Boston Board of Directors of the Commercial Brokers Association (CBA) for over 13 years and LAI Board for 5 years. He has served on numerous committees for the Massachusetts Association of Realtors and CBA including Government Affairs, Awards Recognition, Education Committee (in which he served as Co-Chair), Presidential Task Forces, etc. ACADEMIA AND NATIONAL CONTRIBUTIONS He also served on many academic faculties and/or has been an invited national speaker. He is an Adjunct Professor at Boston University, a Senior Instructor for SIOR, MA NAIOP, and a past instructor or invited speaker with MAR, Visiting Assistant Professor at RealtorU, CoreNet Global, NAR Commercial Signature Series, Harvard Graduate School of Design, MIT, BAC, Northeastern University, Suffolk University, Lehigh University, and DePaul University. He has spoken at many regional and national conventions for NAI, FIABCI, ONCOR, SIOR, CORFAC International, NAIOP, CCIM, CoStar, Coldwell Banker Commercial Global, AMPI, CRE, Latin American Real Estate Conference, CBRE, Colliers International, and many state Realtor Associations. APPOINTED INDUSTRY ROLES Mr. Nahigian was appointed by three Governors to the MADOT Real Estate Appraisal Review Board; was elected by the MA Real Estate Licensing Commission to its CE Education Subcommittee, and has been elected to the Advisory Committee of an NYSE listed real estate investment firm (NERA). He is a graduate of Lehigh University (cum laude) where he played collegiate Division II baseball and earned his Masters of Science in Urban Planning at Columbia University.