As 2025 came to a close, V/T Commercial wrapped Q4 with a wide range of transactions spanning
office, industrial, retail, and healthcare properties throughout Vermont. From Burlington’s urban core to key
employment centers in South Burlington, Williston, Colchester, and North Springfield, the quarter reflected steady
tenant demand, growth-driven expansions, and continued investor confidence in well-positioned assets.

Downtown Burlington & Urban Core

Highlighted Properties

• Golden Hour Gift Co
  leased 2,421 SF at 87 Church Street, Burlington.
  
  Broker: Yves Bradley (assisted tenant and landlord, Howard Opera House Associates).
• South End Arts & Business Association (SEABA)
  leased 6,933 SF at 400 Pine Street, Burlington (former Arts Riot space).
  
  Broker: John Beal (representing Unsworth Properties).
• Xerox IT
  leased 3,033 SF at 180 Battery Street, Burlington.
  
  Broker: Yves Bradley (assisted tenant and landlord, Investors Corporation of Vermont).
• Impel
  leased 2,623 SF at 180 Battery Street, Burlington.
  
  Broker: John Beal (assisted all parties).
• NV5
  leased 1,334 SF at 431 Pine Street, Burlington.
  
  Brokers: Linda I. Letourneau & Yves Bradley (landlord); Nedde Real Estate (tenant).
• Skida
  leased 11,284 SF at 1 & 16 Kilburn Street, Burlington.
  
  Brokers: Yves Bradley (V/T Commercial) & NJS Realty (assisted both parties).

South Burlington & Colchester

• Seventh Generation
  leased 20,185 SF at 530 Community Drive, South Burlington.
  
  Brokers: Tony Blake & Yves Bradley (assisted tenant and landlord, 30 Community Drive, LLC).
• Morgan Stanley
  renewed 31,344 SF at 465 Mountain View Drive, Colchester.
  
  Broker: Bill Kiendl (assisted tenant and landlord, Acabay, Inc.).
• Loyal Source Government Services
  leased 2,743 SF at 354 Mountain View Drive, Colchester.
  
  Broker: Tony Blake (assisted tenant and landlord, Acabay, Inc.).
• International Center for Captive Insurance Education (ICCIE)
  leased 1,295 SF at 550 Hinesburg Road, South Burlington.
  
  Brokers: Linda I. Letourneau (tenant) & Tony Blake (landlord, 550 Hinesburg, LLC).
• The Body Lab
  leased 2,498 SF at 17 Reel Road, South Burlington.
  
  Broker: John Beal (assisted tenant and landlord, Larkin Milot Partnership, LLP).
• BETA Technologies
  leased an additional 2,587 SF at 120 Kimball Avenue, South Burlington.
  
  Broker: John Beal (assisted Kimball Partners, LLC and tenant).

Williston & Industrial Corridor

• A.W. Holdings, LLC leased 1,638 SF at 1795 Williston Road, South Burlington
  from Investors Corporation of Vermont.
  
  Brokers: Tony Blake (tenant) & Yves Bradley (landlord).
• Vermont Diagnostic Imaging
  leased 4,125 SF at White Cap Business Park, 426 Industrial Avenue, Williston.
  
  Brokers: Yves Bradley (V/T Commercial) & NJS Realty (representing White Cap Ventures, LLC); Donahue & Associates (tenant).
• McFarland-Johnson
  leased 2,526 SF at 426 Industrial Avenue, Williston from White Cap Ventures, LLC.
  
  Brokers: Yves Bradley & NJS Realty (assisted each party).
• Dowling Dental (802 Dental)
  leased 2,988 SF at 426 Industrial Avenue, Williston from White Cap Ventures, LLC.
  
  Broker: Yves Bradley (landlord) & Donahue & Associates (tenant).
• Shift Construction
  leased 4,203 SF at 368 Avenue D, Williston from Unsworth Properties, LLC.
  
  Broker: John Beal (assisted each business).

Sales Transactions & Major Commitments

Featured: Industrial Sale

• VS Realty Partners, LLC purchased a 48,812 SF industrial building at
  30 Precision Drive, North Springfield.
  
  Broker: Yves Bradley.
• ImageTek
  leased 38,012 SF at 36 Precision Drive, North Springfield.
  
  Brokers: Tony Blake & Yves Bradley (assisted all parties).
• Former TD Bank property sold at 424 Main Street, Barton.
  
  Brokers: John Beal & Bill Kiendl.
• 610 Route 7 South, Middlebury sold to Christopher Griggs.
  
  Broker: John Beal (assisted seller, Christopher Dundon).
• 34 Catamount Drive, Milton sold to Jeffrey Hutchins.
  
  Broker: Yves Bradley (assisted seller, 34 Catamount Drive, LLC, and buyer).
• Ocotillo Healthcare
  purchased 17 Drew Lane, Shelburne.
  
  Broker: Linda I. Letourneau (on behalf of 17 Drew Lane, LLC).
• The Fold
  purchased a commercial condominium at 1233 Shelburne Road, South Burlington.
  
  Broker: Yves Bradley (assisted each party).

Additional Q4 Lease & Renewal Activity

• Concentra Health Services
  leased space at 654 Granger Road, Barre.
  
  Broker: Bill Kiendl (assisted each party).
• Vermont Federal Credit Union
  leased 1,050 SF from Pomerleau Properties.
  
  Broker: Tony Blake (tenant); Madeline Richards of Pomerleau Real Estate (landlord).

Q4 2025 reinforced a consistent theme: well-positioned properties continue to perform when strategy, market knowledge,
and execution align. As we move into 2026, V/T Commercial remains focused on helping businesses and investors navigate
opportunities across Vermont’s evolving commercial landscape.