Internet infrastructure provider Deep Edge Realty says it has bought a carrier hotel located at 340 Cumberland Avenue, Portland, ME. The price the company paid to the previous owner, Maine’s Northland Enterprises, was not disclosed.
The facility is an eight-story, 52,272-square-foot Class B building that currently serves such tenants as Verizon, GWI, First Light, and Spectrum, according to Mainebiz. It will join facilities in Charlotte, NC, and Reno, NV, in Deep Edge’s portfolio.
The new owner, based in Boston, plans on “optimizing the internet capabilities” at 340 Cumberland, which Deep Edge says will bring additional content, data, and cloud services closer to users while lower costs and improving latency and resiliency.
“We see an opportunity to build on the area’s existing infrastructure by attracting new and current market participants to bolster the region’s capabilities. We’re excited to bring our Internet infrastructure capabilities to Maine,” commented Martin Hannigan, Deep Edge founder and CEO.
“This is a perfect synthesis of opportunity and capability,” added Northland’s CEO Josh Benthien. “340 Cumberland already has several carriers on-site that contribute to its status as the premier interconnection hub of Maine.” Northland will partner with Deep Edge to provide property management services.
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About the Author
Stephen Hardy
Editorial Director and Associate Publisher, Lightwave
Stephen Hardy is editorial director and associate publisher of Lightwave and Broadband Technology Report, part of the Lighting & Technology Group at Endeavor Business Media. Stephen is responsible for establishing and executing editorial strategy across the both brands’ websites, email newsletters, events, and other information products. He has covered the fiber-optics space for more than 20 years, and communications and technology for more than 35 years. During his tenure, Lightwave has received awards from Folio: and the American Society of Business Press Editors (ASBPE) for editorial excellence. Prior to joining Lightwave in 1997, Stephen worked for Telecommunications magazine and the Journal of Electronic Defense.
Stephen has moderated panels at numerous events, including the Optica Executive Forum, ECOC, and SCTE Cable-Tec Expo. He also is program director for the Lightwave Innovation Reviews and the Diamond Technology Reviews.
He has written numerous articles in all aspects of optical communications and fiber-optic networks, including fiber to the home (FTTH), PON, optical components, DWDM, fiber cables, packet optical transport, optical transceivers, lasers, fiber optic testing, and more.
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