Tony Blake of V/T Commercial, as exclusive tenant representative, announced that the national firm of Sunrun signed a five year lease at 1354 Marshall Avenue, Williston from O’Brien Brothers.  Blake represented the tenant and Ross Montgomery and Matt Tedder of Kingsland Company represented the landlord. Bill Kiendl of V/T Commercial and Johnny Beal of Vermont […]

The Tenant Side of Commercial Leases: Special Risks, Special Attention Commercial & Investment Real Estate, Rental Properties By: Rob Warmowski No matter which business sector it serves, the commercial real estate lease is a detailed, binding contract created to define the terms of occupancy. Yet, beneath this definition lurks the second great purpose of the document: commercial […]

Move Over Millennials, It’s Gen Z’s Turn to Kill Off Industries Millennials have been accused of killing so many products and industries — taxis, landlines, snail mail — that it’s become a media trope. But millennials are old news. Today, businesses and marketers are desperately anticipating the murderous whims of Gen Z, the demographic born after […]

Tony Blake, exclusive representative for Hearst Stations, is pleased to announce that WPTZ will be opening a new studio at 30 Community Drive, South Burlington, Vermont.  Hearst is one of the nation’s largest diversified media, information and services companies with more than 360 businesses. Its major interests include ownership in cable television networks such as A&E, […]

Bill Kiendl of V/T Commercial acted as tenant representative for an office lease renewal on behalf of Morgan Stanley Smith Barney Financing, LLC at 82-92 Merchants Row, Rutland, Vermont. Tony Blake and Linda Letourneau of V/T Commercial assisted Burlington Storefront, LLC and Sukha Yoga, LLC in the lease of approximately 1,980 square feet on the […]

Tony Blake and Bill Kiendl are pleased to announce the sale of 40 IDX Drive, South Burlington, to North River Company.  The sale included 15.36 acres and 225,000 square feet of full leased office space.  The seller, GE Healthcare occupies approximately 85,000 square feet, and the University of Vermont Medical Center and VHB occupy the […]

Global uncertainty and political polarization top the list of issues expected to have the most significant impact on real estate throughout 2017- 2018, according to The Counselors of Real Estate ®, the invitation-only professional association for the industry’s leading real estate advisors. The Counselors’ 1,100 global members undertake extensive collaborative dialogue on issues and trends […]

Retailers are bracing for a fresh wave of store closures in 2018 that’s expected to eclipse the rash of closures that rocked the industry last year. “Landlords are panicking,” said Larry Perkins, CEO and founder of the advisory firm SierraConstellation Partners. “The last year was pretty apocalyptic from a retail standpoint, and the macro issues haven’t […]

Mall Owners Work to Reclaim Retail Wasteland With Public Money Zhenglong8614 | Dreamstime Monday, 30 Oct 2017 07:36 AM At the Brookfield Square mall in Wisconsin, the landlord, CBL & Associates Properties Inc., needed a new occupant for a fading Sears. CBL had been tinkering with the mix for the past few years. Earlier, in 2008, it […]

Interesting article on the changing retail environment: http://www.colliers.com/en-us/us/insights/marketnews/retail-spotlight-report-may-2017

 TRIPLE FIVE GROUP The expansive $5 billion American Dream Mall at the Meadowlands Sports Complex in East Rutherford, N.J., represents the next wave of Super Malls that look more like amusement parks than shopping centers. by Suzette Parmley, Staff Writer  @SuzParmley |  [email protected] EAST RUTHERFORD, N.J. — With a quarter of malls in the United States predicted to close […]

Robots Are Replacing Workers Where You Shop Wal-Mart and other large retailers, under pressure from Amazon, turn to technology to do workers’ rote tasks At Wal-Mart, self-checkout machines are replacing cashiers at more registers. PHOTO: WESLEY HITT FOR THE WALL STREET JOURNAL By Sarah Nassauer July 19, 2017 5:30 a.m. ET 411 COMMENTS Last August, a 55-year-old Wal-Mart WMT -0.48% employee found […]

Amenities-rich offices become retention and recruitment tools. By Beth Mattson-Teig | The big topic of conversation across metros these days is that office space needs are shrinking as companies embrace mobile working and increase efficiency. Yet even as companies are downsizing footprints, they have bigger expectations when it comes to building décor, infrastructure, and amenities. […]

REAL ESTATE Dead Mall Space Could Spur Warehouse, E-Commerce Deals Excess parking facilities and underused retail space could be redeveloped into small-scale last-mile delivery or pickup facilities, Fitch Ratings said. An Amazon pop-up kiosk in the Green Acres Mall in Valley Stream in Long Island on July 9, 2016.  PHOTO: RICHARD B. LEVINE/ZUMA PRESS By […]

Vermont’s Opportunity Last month in an op-ed we sounded the alarm: our state is on the brink of losing an entire generation of young Vermonters. For far too many in our state, workforce skills do not match the opportunities with employers, and the socioeconomic, legal, and medical challenges many face are so entrenched that we […]