Cardente Real Estate

What Cardente Real Estate does

Cardente Real Estate is a privately held, founder-owned commercial real estate brokerage founded by Matthew Cardente in July 2005 and headquartered at 322 Fore Street in Portland, Maine. The firm provides full-service commercial real estate brokerage across Maine and New Hampshire — covering the territory from Kittery to Bangor — with a service mix that includes property sales, leasing, tenant and landlord representation, and business opportunity transactions. Its team consists of six commercial brokers with 25+ years of combined regional experience, and the firm does not operate a software or SaaS platform; the offering is relationship-based brokerage with conventional marketing via a website, email newsletter, Facebook, industry publications, and association participation.

The company's revenue model is commission-based, driven by individual transaction fees on commercial sales and leases, with no publicly disclosed pricing or recurring contract terms. Named client engagements span financial services (Edward Jones, J.B. Brown & Sons), retail (REJ I, LLC; The Oneten Company), distribution (Federal Express), and healthcare/food service (MaineGeneral Hospital, Maynard's Chocolates), with notable transactions including a 33,973 SF Federal Express distribution lease in Portland in 2020 and a $4.6M retail complex sale in South Portland. In 2010, the Cardente family expanded into adjacent recurring revenue via Cardente Property Management, a subsidiary that manages approximately 250,000 square feet of commercial space.

Recognition includes multiple CoStar Power Broker awards (2010, 2013, 2014), the 2012 Maine Commercial Broker of the Year awarded to Karen Rich, and Forbes Council acceptance in 2017. The firm is a member of MEREDA, CCIM Institute, ICSC, and Maine Commercial Realtors. Headcount has remained at approximately 1-10 total employees with six brokers for an extended period, and the company has not raised institutional capital, suggesting a stable, mature small regional brokerage rather than a scaling platform.

Name

Cardente Real Estate

Legal name

Cardente Real Estate

Website

https://cardente.com

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

1–10 employees

Short description

Cardente Real Estate is a privately held commercial real estate brokerage founded in 2005 in Portland, Maine, serving buyers, sellers, and tenants of commercial property across Maine and New Hampshire, with a six-broker team and a property management subsidiary.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Brokerage

NAICS

Offices of Real Estate Agents and Brokers (53121), Offices of Real Estate Agents and Brokers (531210), Offices of Real Estate Agents and Brokers (5312)

SIC

Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Commercial Real Estate Brokerage (Leasing & Sales) (FSAEAJAB)

akta.pro secondary industry

Tenant Representation & Corporate Services Brokerage (BPAJABAJ)

Keywords

• Commercial real estate brokerage
• Commercial property sales
• Commercial leasing services
• Property management services
• Investment property advisory

Headquarters

HQ city

Portland

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales

Revenue model

1. Commercial Real Estate Brokerage: Commission-based brokerage services for commercial property sales and leases in Maine and New Hampshire. Represents all aspects of commercial real estate transactions.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Cardente Real Estate is a full-service commercial real estate brokerage that represents buyers, sellers, and tenants in commercial property sales and leasing transactions across Maine and New Hampshire. The firm handles office, retail, and industrial properties, with a complementary property management arm (Cardente Property Management) overseeing approximately 250,000 square feet of commercial space.

Product overview

Cardente Real Estate operates as a full-service commercial real estate brokerage with a core offering in property sales and leasing across Maine and New Hampshire. The firm also offers property management services through Cardente Property Management, which handles approximately 250,000 square feet of commercial space. The company does not operate a software platform or SaaS product with distinct digital modules.

Differentiator

Problem solved

Functional benefit

Products and services

• Commercial Real Estate Brokerage Full-service commercial real estate brokerage specializing in the sale and leasing of commercial properties and businesses in Maine and New Hampshire. Services include market analysis, property valuation, lease negotiation, tenant representation, and investment advisory across office, retail, and industrial property types.
• Property Management Property management services provided through the Cardente Property Management subsidiary, managing nearly 250,000 square feet of commercial space in Maine.

Named customers8 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered core.

• MEREDA (Maine Real Estate and Development Association)coreOthersActive member and participant in MEREDA's annual forecast conference. Matthew Cardente contributes market insights through MEREDA events.
• CCIM InstitutecoreOthersCorporate member affiliation with the CCIM Institute, a leading commercial real estate association.
• ICSC (International Council of Shopping Centers)coreOthersCorporate membership in ICSC for retail commercial real estate networking and education.
• Maine Commercial RealtorscoreOthersMember of Maine Commercial Realtors association for commercial real estate professionals in Maine.

Scale indicators4 records

Recent moves5 records

Expansion highlights4 records

Emerging players

• SVN International Corp. Commercial real estate franchise with regional offices throughout the U.S. Comparable to Cardente as a regionally-anchored full-service brokerage, with shared emphasis on investment sales and CRE advisory for private investors.
• Marcus & Millichap: U.S. specialist in commercial investment sales (multifamily, retail, office, MOB) with institutional and private investor focus. Comparable to Cardente's investment property advisory practice, though operates at national scale with a specialized model.

Broad incumbents

• Cushman & Wakefield: Global CRE services firm offering agency leasing, investment sales, valuation and property management. Overlaps with Cardente on commercial mandates in Maine/NH, particularly for national tenant representation accounts.
• Colliers International: Global CRE services firm with brokerage, property management and investment services. Competes with Cardente for mid-market and institutional office, retail and industrial assignments in Northern New England.
• KW Commercial (Keller Williams Commercial): Commercial brokerage arm of Keller Williams; recruits independent commercial agents into a franchise model. Competes for the same Maine/NH small-business and mid-market commercial assignments as Cardente.
• CBRE Group: Largest global commercial real estate services firm with full brokerage, valuation and property management capabilities. Competes with Cardente on larger Maine/NH corporate mandates but operates at vastly greater scale and breadth.
• JLL (Jones Lang LaSalle): Global real estate services firm with strong capital markets, agency leasing and property management offerings. Competes for the same enterprise tenants and institutional owners as Cardente in Portland and the broader New England market.

Direct peers

• The Boulos Company: Portland, Maine-based commercial real estate firm offering brokerage, property management and investment sales across Maine and Northern New England. Directly comparable as Cardente's largest same-geography competitor; notably, founder Matthew Cardente previously interned there.
• NAI The Dunham Group: Maine-headquartered member of the NAI Global network offering commercial sales, leasing and property management across Northern New England. Directly comparable in geography, service mix (brokerage + management), and client base to Cardente.

Others

• CCIM Institute (industry association): Commercial real estate association of which Cardente is a corporate member. Not a direct competitor, but is the credentialing network that governs many of the same brokers Cardente competes with.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/CardenteRealEstate
• LinkedInlinkedin.com/company/cardente-real-estate

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Cardente Real Estate