Northland facilitates expansion of data firm to Maine
/Improvement of region’s Internet capabilities results
(Portland, ME) Northland Enterprises, a commercial real estate development company based in Portland, Maine, has sold a unique building at 340 Cumberland Avenue to Deep Edge, a growing data center firm operating facilities in Nevada and North Carolina.
A truly unique building in Portland, Maine, originally constructed in 1924 at 340 Cumberland Avenue.
Built in 1924, 340 Cumberland is an eight-story, 52,272 square foot data center building located on the primary fiber optic lines serving Portland and Northern New England. Featuring fireproof concrete construction, it was originally designed for secure and fireproof record storage. It has since been converted to telecommunications use, a purpose ideally suited to the structure’ high ceilings and floor loading, a large freight elevator, and available generator space. Several carriers already on-site contribute to its status as the primary interconnection hub of Portland. Northland has owned and managed the building since (2007), and current data tenants include Verizon, GWI, First Light and Spectrum, all of whom are expected to continue operations in the building.
Northland’s CEO Josh Benthien said his company has always envisioned a future for 340 Cumberland that Deep Edge can now achieve.
“This is a perfect synthesis of opportunity and capability,” Benthien said. “We had always planned this sort of outcome, but Northland is a commercial real estate development company. These folks are much more suited to the task; they have the cutting edge technical expertise and the relationships with major telecom and internet providers that we don’t have. The building at 340 Cumberland Avenue will give Deep Edge the space, power and access to global networks that they need to build a co-location facility that will provide interconnectivity among the tenants in the building, and to broader worldwide networks.”
Deep Edge plans to improve the region’s Internet performance. To date, Internet users in Maine and northern New England have relied on content to be provided from Boston, New York, or Virginia, often resulting in poor performance and high costs of delivery. Optimizing the capabilities at 340 Cumberland will allow Deep Edge to bring more content, data, and cloud services closer to users and provide options to decrease network costs, and to improve latency and resilience.
“We see significant opportunity to build on the area’s existing Internet ecosystem by attracting new and existing market participants to bolster the Internet capabilities of the building and the region. We’re very excited to be coming to Maine,” said Martin Hannigan, Deep Edge founder and CEO.
About Northland Enterprises
Northland Enterprises, based in Portland, Maine, has been developing and managing commercial real estate since 2001, in Maine communities and others throughout the northeast Unites States. The company has hands-on industry experience, exceptional analytical tools, and solid access to capital, with a track record of completing projects that require creativity, determination, and inventiveness. For more information: www.NorthlandUS.com.
ABOUT DEEP EDGE
Deep Edge builds powerful interconnection facilities that enable companies to enjoy dynamic technology capabilities. It is located in Charlotte, NC, Reno, NV and Portland, ME. With a focused and strategic approach, Deep Edge designs neutral facilities that optimize digital capabilities, overcome the challenges of outdated technologies and support rapidly evolving demands. For more information: www.deepedgetech.com
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