Mergers & Acquisitions

2013

December

Susan Dodge, PT, purchased Poulin Performance from Betsy Bluto and renamed the business Peak Performance. All of the physical therapists will continue to work there, including Bluto. New services in nutrition counseling have been added. The business is now located at 20 Winter Sport Lane, Suite 155, in Williston. The phone number is 658-0949.

CAX LLC bought a commercial building at 1151 Ethan Allen Highway in Georgia from J.M. Poodiak LLC. Esther Lotz was the listing broker. Present were June Poodiak, seller; Carl Laroe, CAX; and Wright Preston, Northfield Savings Bank.

Jeff Harton, the owner of Harton & Associates accounting firm in Essex Junction, bought a commercial condominium in the Essex Town Marketplace from Sam and Claire Brissette as an investment. Peter Yee of Yellow Sign Commercial represented the sellers. Present were Yee, Claire and Sam Brissette, Harton, and Rick Nold of Merchants Bank.

Thomas Amion leased 1,200 square feet of office space at 166 South Main St., Stowe, from South Main Street Development LLC. Jed Dousevicz of V/T Commercial assisted both parties.

Jen Kristel and Michael Watson, dba Journey Works, leased 1,200 square feet of space at 1205 North Ave., Burlington, from 1205 North Avenue LLC. Jessica Cameron and Linda I. Letourneau of Redstone were the listing and leasing brokers. Present were Cameron, Kristel, and Watson.

Laser Tattoo Removal VT leased a location at 47 Maple St., Suites 6 and 7, Burlington, from MGD Inc. Broker Esther Lotz represented the tenant, and Yves Bradley of Pomerleau represented the landlord. Present were Boudee Luangrath, Anna Dimille, and Sean Keefe of Laser Tattoo; Bradley; and Lotz.

Steve and Dawn Terrill, the owners of JaniTech, leased space for a new location at 158 Brentwood Drive, Suite 7, Colchester, from Jeffrey Jimmo. Broker Esther Lotz made the announcement.

Vermont Butcher Block & Board Co. leased 5,825 square feet of space at 160 Boyer Circle in Williston for a new manufacturing facility. Tony Blake of V/T Commercial represented the landlord, Vermont Commercial Warehouse, and Yves Bradley of Pomerleau Real Estate represented the tenant.

The Vermont League of Cities and Towns leased space from Doug Nedde of Nedde Real Estate, the owner of City Center, 89 Main St., Montpelier. A planned fit-up to expand on the Vermont League’s current space will result in 14,000 square feet of space dedicated to the organization. Pictured are Nedde (left) and Steven Jeffrey, Vermont League of Cities and Towns.

MoveWell Spine & Sport LLC leased a new location at Suite G01, The Maltex Building, 431 Pine St., Burlington. Esther Lotz, broker, made the announcement. Present were Amy Magyer, partner; Lotz; and Jason Wolstenholme, chiropractic physician and trainer.

The Burlington Free Press complex at 185-195 College St., Burlington, was bought by Handy Family Enterprises. The sale included seven inter-connected buildings and over 55,000 square feet of space. The printing operation for the Free Press will remain and the offices will relocate to 100 Bank St., Burlington. The buyers plan to renovate the building with ground-floor retail and upper-floor residential units. Bill Kiendl of V/T Commercial represented the seller, Gannett Vermont Publishing Inc.

November

Dave and Jane Garbose announced the grand relaunch of the Mount Philo Inn in Charlotte following a three-year restoration. The project included upgrades to kitchens and bathrooms and new beds and bedding, landscaping, and signage. The Garboses preserved the inn’s woodwork, sourced local materials from local companies when possible, and decorated with a minimalist and eclectic style.

Patti Clark, innkeeper at the Green Mountain Inn, announced the renovation of the entire top floor of its Stowe Village Massage, which was opened adjacent to the inn two years ago. The facility complements the services available at the inn’s onsite health club. The renovation added three treatment rooms to the Depot Street facility.

Joel Wheeler of Vermont Aquatics leased a retail location at 34 Park St., Unit 7, Essex Junction, from McEwing Properties LLC. Broker Esther Lotz was the listing broker. Present were Alex McEwing, landlord; Lotz; and Wheeler.

John Biondolillo, CEO of BCK Real Estate, and Aline Baker of Northeast Kingdom Property Management announced the merger of their companies. BCK operates in the Northeast Kingdom as Quatrini Real Estate, a fixture there since 1968. In addition to its nine real estate brokerage offices throughout Vermont, BCK operates property management and leasing businesses in Stowe under the Stowe Realty brand and in central Vermont as BCK Property Services.

Green Mountain Basement Solutions LLC leased a location at 22A Morse Drive, Essex, from Bradford A. Morse. The announcement was made by broker Esther Lotz. Pictured: Morse (left) and Michael Sears, tenant.

CAX LLC bought a commercial building at 1151 Ethan Allen Highway in Georgia from J.M. Poodiak LLC. Esther Lotz was the listing broker.

Anderson Auto Glass LLC leased a new location at 43 Krupp Drive in Williston from Bartlett Realty LLC. Broker Esther Lotz represented the tenant, and Doug Nedde of Nedde Real Estate represented the landlord. Pictured are Karl Anderson, Anderson Auto Glass CEO, and Debbie Anderson, CFO.

Ehrmann Commonwealth Dairy of Brattleboro is expanding its operations with the launch of a new dairy processing facility in Casa Grande, Ariz. The 100,000-square-foot yogurt manufacturing facility will open on a 27-acre site and will be named Ehrmann Arizona Dairy.

Lynn Publications Inc. leased an office at 42 Severance Green, Colchester, from Severance Corners Village Center LLC. Esther Lotz was the listing broker. Present were Suzanne Lynn, tenant; Robin Jeffers, landlord; Elsie Lynn, tenant; Lotz.

Lindsey West bought Vermont Nanny Connection (www.vermontnannyconnection.com) from Hope Moulton. Vermont Nanny Connection is a full-service child-care placement agency that connects families to safe and reliable sitters and nannies throughout the state. Peter Yee of Yellow Sign Commercial facilitated the sale. Present were West, Moulton, and Yee.

DAM Express leased a 3,300-square-foot warehouse unit at 5 Chad Lane in Williston from 4 Chad Lane LLC. Broker Esther Lotz represented the tenant and Duncan S. Harris and Jessica Cameron of Redstone represented the landlord. David Chase is manager of DAM Express.

MAXIMUS Inc. renewed and expanded its office space at 101 Cherry St., Burlington, from General Growth Properties, which has agreed to expand the existing space from 8,436 square feet to 22,270 square feet. Bill Kiendl of V/T Commercial represented the tenant.

October

James Mount and the Mount Family bought a 22,800-square-foot office and retail building at 46 Main St., Winooski, from Waterpower LLC. Jed Dousevicz of V/T Commercial represented the seller, and Tom Raub of Hickok & Boardman Commercial Realty represented the buyer. Present were Dousevicz; Will Hamilton of Vermont Federal Credit Union; Bill Rowe, seller; attorney Pam Moreau; June Rose, seller; and Mount.

After 18 months of planning, discussion, and completion of a comprehensive due diligence process, the boards of both the Central Vermont Home Health and Hospice and the Visiting Nurse Association of Chittenden and Grand Isle Counties voted to move forward with an affiliation of the two organizations. The agreement will support their respective missions by fostering close collaboration while preserving the independence of each organization. They will cooperate in strategic planning processes and initiatives. The five areas of focus with specific objectives outlined in the agreement are clinical services, quality control, human resources, strategic planning, and finance and administration. Each area will be represented by its own staff council consisting of staff appointed by each organization.

Angelo Lynn, the owner of Addison Press Inc., has bought Vermont Sports magazine, founded in 1990 by Kate Carter of Waterbury. Addison Press owns Vermont Ski & Ride magazine; The Addison County Independent; The Reporter, which covers Brandon, Pittsford, Proctor, and West Rutland; and the Killington-based Mountain Times. Lynn co-owns the Colchester Sun and Essex Reporter with his brother, Emerson, and has interests in digital publishing through a partnership with Route 802’s statewide network of mobile apps and a partnership with Localvore Today of Burlington.

Doug Nedde of Nedde Real Estate acquired a multiplex apartment property at 137-139 Shelburne Road in Burlington from John and Rachel Pilcher. The property contains four two-bedroom apartments, four garage parking spaces, and a detached two-car garage. Present were Rachel and John Pilcher with their son, Louis Pilcher; Nedde; and Christine Golden, Nedde Real Estate.

Matt Buckley, a family law attorney, leased office space at 66 Knight Lane, Suite 30, in Williston from Mansfield Investments LP. Broker Esther Lotz made the announcement. Present were Kim Kissinger, legal assistant; Buckley; and Lotz.

S.W. Cole Engineering Inc. of Bangor, Maine, which has an office in White River Junction, has acquired Summit CMT, a construction materials testing subsidiary, from CES Inc., a Brewer, Maine, engineering, sciences, and surveying firm. All CMT staff will be retained and will continue serving Summit CMT clients.

Family Law Associates PLC, dba Barber & Waxman, leased 2,385 square feet of office space at 7 Kilburn St., Suite 224, in Burlington from Kilburn and Gates Industries LLC. Linda I. Letourneau of Redstone represented the tenant, and Yves Bradley of Pomerleau Real Estate represented the landlord. Present were Letourneau; Caryn Waxman, tenant; Amber Barber, tenant.

Goldman Sachs & Co. leased the 10,086-square-foot office space on the top floor of 100 Bank St. in Burlington from Marley Properties. Bill Kiendl of V/T Commercial represented the landlord, and Steve Donahue of Donahue & Associates represented the tenant.

CalcoGreen LLC of Waitsfield has been acquired by XZERES Corp. of Wilsonville, Ore., a clean-energy technology manufacturer. CalcoGreen was founded by renewable energy industry veteran Chris Lamonia in 2010 with the goal of financing energy efficiency and renewable energy projects. Lamonia has accepted a full-time position as the vice president of North American business development and special projects for both the wind and power efficiency product lines of XZERES. In addition to the CalcoGreen’s office in Waitsfield, XZERES has opened a new office in Stowe.

Bay State Financial Services has expanded and leased 5,366 square feet of office space at 302 Mountain View Drive, Colchester, from Legacy Mountain View LLC. Bill Kiendl of V/T Commercial represented the tenant, and Steve Donahue of Donahue & Associates assisted the landlord. John Wilking of Neville Companies provided construction management and facilities-related services. Present were Donahue, Kiendl, Brad Martin, Michael Price, and Wilking.

The Wellness Collective leased 2,000 square feet of space at the Maltex Building on Pine Street in Burlington. Jed Dousevicz of V/T Commercial represented the tenant, and Yves Bradley of Pomerleau Real Estate and Linda I. Letourneau of Redstone represented the landlord.

September

Gabe and Diane Handy purchased a 2,947-square-foot office building on .47 acres at 3 Main St., Essex Junction, from the Overton Estate and Philip and Louise Kolvoord. Rick Harrison of J.L. Davis Realty was the selling broker, and Greg Dirmaier of J.L. Davis was the listing broker.

David Hall and Collin Sourdiff, the owners of Wicked Wings in Johnson, announced the leasing of property at 118 Pearl St. in Essex Junction, where they will open their second restaurant and bar. Peter Yee of Yellow Sign Commercial announced the transaction. Present were Hall; Sourdiff; Yee; and Tony Silva of A&M Realty, the landlord.

Durasol Awnings bought a 52,000-square-foot manufacturing facility and 18 acres in Middlebury from Geiger of Austria. Duncan S. Harris of Redstone represented Geiger and procured the buyer.

Quantum Leap Capital leased an office space at 620 Hinesburg Road in South Burlington from Fleischer Jacobs Real Estate Holdings. Doug Nedde of Nedde Real Estate and Steve Donahue of Donahue & Associates partnered to co-broker the transaction. Present were Nedde; Owen Banks, Fleischer Jacobs; Brendan Walsh, Quantum Leap; Peter Walcott, Quantum Leap; and Donahue

Lorraine Locke and Laraway Mountain Insurance have joined forces with Winooski Insurance. The announcement was made jointly by Locke and Joe Burkhard, the owner of Winooski Insurance. Locke will serve in a dual capacity at Winooski Insurance as personal lines manager overseeing three agents and serving as a commercial lines agent.

Spherion Staffing leased space at 110 Kimball Ave., Suite 250, in South Burlington, from Jim Foster of Foster Development Co. and has relocated its operation there. Linda I. Letourneau of Redstone represented Foster, and Brad Worthen of V/T Commercial represented Ken Ballard, Spherion’s owner. Present were Worthen, Ballard, Letourneau, and Foster.

Vermont Castings Group, with headquarters in Paris, Ky., and a manufacturing plant and foundry in Randolph, announced that it has been acquired by an entity owned by its employees, making it the largest privately held, employee-owned company in the hearth industry. The company canceled the majority of its debt as part of the transaction to emerge in a stronger financial position.

Mountain Air Systems Inc. leased 18,480 square feet at 430 Commerce St., Williston, from LNP Inc. Broker Esther Lotz represented the tenant, and Nicole Senecal of Omega Real Estate Associates was the listing broker. Present were Lotz; Liam O’Farrell, Mountain Air; Al Senecal, LNP; and Nicole Senecal.

Keith Mattes, president of Summit Technologies in Williston, announced that the company has completed its acquisition of the assets of NOWIRZ LLC of Rochester, N.H., making Summit Vermont’s largest secure Wi-Fi provider. As a result, the company has sharpened its focus on hospitality, resorts, developments, large public venues, and enterprise clients.

Doug Nedde of Nedde Real Estate acquired the Huber + Suhner building at 19 Thompson Drive in Essex Junction. Huber + Suhner still occupies the building, but 75,000 square feet is available for lease. Present were Sean Thomas and Yvonne Barney, Huber + Suhner; and Nedde.

Vermont Hard Cider Co. leased a 132,000-square-foot industrial building in Brandon from STAG Industrial. Duncan S. Harris of Redstone represented the tenant, and Steve Donahue of Donahue & Associates represented the landlord.

Bayada Home Healthcare leased a 4,800-square-foot office suite from Pearl Street Partners at 80 Pearl St., in Essex. Duncan S. Harris of Redstone assisted both parties in the transaction.

LimeLite Restoration Services Inc. leased an office and warehouse space at 61 South Oak Circle, Colchester, from Allen Brook Development. Broker Esther Lotz made the announcement, and Nicole Senecal of Omega Real Estate was the listing agent. Present were William MacFarlane, Serv-Pro Burlington; Senecal; Al Senecal, Allen Brook; and Grant Stetler, LimeLite.

Airboss Defense leased a 20,000-square-foot industrial facility at 93 Gonyeau Road in Milton from Chase Properties & Development Ltd. Nicole Senecal of Omega Real Estate Associates represented the landlord, and broker Esther Lotz represented the tenant.

Stefanie Pigeon Inc., dba Affiliated Associates, leased an office location at 8 Carmichael St., Suite 101, Essex, from Homestead Design Inc. Broker Esther Lotz represented the tenant. Present were Vickie L. Gabert, landlord; Pigeon; and Lotz.

August

Bill Kiendl of V/T Commercial leased 1,334 square feet of space to KCI USA at 20 Susie Wilson Road on behalf of Jim Ewing Property Management Inc.

Realty Development LLC bought a 23,000-square-foot building at 800 Industrial Park Road, St. Albans, from Vermont Transformer Inc. Broker Esther Lotz represented the seller. Present were Richard Feeser, Realty Development; Gilles Mazoyer, Vermont Transformer; and Bert Cicchetti, Realty Development.

Topnotch Resort and Spa in Stowe announced its reopening following a multi-million dollar renovation. Highlights include renovated guest rooms complete with up-to-date technology; two restaurants: the casual yet contemporary bar and eatery, The Roost, and Flannel, a modern take on the Topnotch staple, Norma’s; a dramatically redesigned lobby with 18-foot panel windows and sweeping Mount Mansfield views; and outdoors, a 70-seat patio, pergola, couches, fire pit, and a bocce court.

Tech Valley Communications, a facilities-based telecommunications service provider in upstate New York and northern New England, announced its purchase of substantially all of the assets of TelJet Longhaul LLC, including TelJet’s Vermont and New Hampshire fiber networks and its recently built colocation facility. The announcement was made by Kevin O’Connor, chief executive officer and co-founder of Tech Valley Communications, and Greg Kelly, TelJet’s president. TelJet’s senior leadership and employees will continue to function in similar roles after the transaction serving Tech Valley’s Vermont customers.

Tetra Tech Inc. recommitted to keeping its offices in downtown Burlington, signing a long-term extension with the Howard Opera House Associates for 23,757 square feet with plans to expand another 3,387 square feet by year’s end. Bill Kiendl of V/T Commercial represented Tetra Tech. Present were Kiendl; Jan Auman of Tetra Tech; and Steve Schonbert of Howard Opera House Associates.

Living Well Care Home of Bristol became the owner and operator of the Ethan Allen Residence on North Avenue in Burlington. This expansion into Chittenden County allows Living Well to serve 34 additional residents. Purchase of the Ethan Allen Residence is the first in a series of anticipated future expansions by Living Well. The announcement was made by Dee Deluca, Living Well’s administrator. Pictured, from left, back row: Craig Allen, John Sawyer, and Paul Kervick of Living Well; Dan Werme, Merchants Bank; James E. Knapp, Mickenberg, Dunn, Lachs & Smith PLC; and Paul Hill, VCLF. Front row: Diane M. McCarthy, Sheehey, Furlong and Behm; Deluca; and Kathleen Boe, English, Carroll and Boe PC.

Family First Chiropractic leased a 1,665-square-foot commercial space at 525 Hercules Drive in Colchester from LR&W LLC. Rick Harrison of J.L. Davis Realty represented the owner and broker Esther Lotz represented the tenant.

Mikeala and Adam Boman-Gross, founders of Bern Nation Inc., leased a
1,320-square-foot showroom and glass-blowing studio at 150 W. Canal St., Unit 3, Winooski, from W.J. Fastiggi LLC. Jessica Cameron of Redstone was the leasing broker, and broker Esther J. Lotz was the listing broker. Present were Cameron, Mikeala and Adam Boman-Gross, Bill Fastiggi, landlord, and Lotz.

Agri-Mark has bought the 31,000-square-foot former Northern Power building in Mad River Park, Waitsfield, for its new corporate headquarters. Tony Blake of V/T Commercial represented the seller, Central Vermont Investment Corp., and Doug Neede of Nedde Real Estate represented the buyer.

Kid Logic Learning LLC leased a location at 72 Ethan Allen Drive in South Burlington from Robert Willis, d/b/a Rising Star Properties. Broker Esther Lotz made the announcement, and Rick Harrison of J.L. Davis Realty was the listing agent. Present were Lotz, Willis, and Crystal Thompson of Kid Logic Learning.

Aurora North Software, specializing in business intelligence, integration development, and software architecture and development, leased 7,500 square of office space at 29 Church St., Burlington, from Nick & Morrissey Development LLC. Jed Dousevicz of V/T Commercial represented Aurora, and Jeff Nick of J.L. Davis Realty represented the landlord. Present were Dousevicz, Jimmy Swift of Aurora, and Nick.

The Champlain Housing Trust and St. Michael’s College announced the sale to CHT of land currently leased to CHT along Vermont 15 in Colchester. The parcel is home to Winchester Place, a mixed-income rental development with 166 apartments. This agreement preserves the affordability of the apartments on the site. The leased parcel consists of 16.3 acres and will be sold for $3.2 million.

Darren Markowitz of Wholebodymfr, Peggy Cohen of Full Spectrum Midwifery, and Ruth Pincus have leased Suite 208 at Union State, Burlington, from Main Street Landing for a collective group office space for each practice. Jed Dousevicz of V/T Commercial assisted both parties.

Fletcher Allen Health Care leased 5,300 square feet of Class A office space from Courthouse Plaza LLC at 199 Main St., Burlington. Rick Harrison of J.L. Davis Realty represented the owner, and Tim Burke of White + Burke Real Estate Investment Advisors represented the tenant.

July

Speak Easy Arts & Events Center purchased the assets of the former Fresh Market Cheese Outlet at 400 Pine St., Burlington, from People’s United Bank. Tony Blake of V/T Commercial assisted both parties.

National Chimney bought the building at 3 Green Tree Drive, South Burlington, where it had been located for several years. Averill Cook and Jed Dousevicz of V/T Commercial assisted all parties.

Aerie Consulting leased space at 110 West Canal St., Suite 201, Winooski, the former Lavallee & Ide building. Linda I. Letourneau of Redstone represented the property owner, and Steve Donahue of Donahue & Associates represented the tenant. John Collins of Collins General Contracting did the construction and site work, a project valued at $4 million. Pictured, front row from left: Letourneau; Donahue; Dan Sonneborn, Dave Fisher, and Catherine Matosky of Aerie; Larry Williams, landlord; back row: Chris Davidson, Josh Darragh, Gary Lavine, and Doug Underhill of Aerie.

RCx Rules leased space at 100 Bank St., Burlington. Tony Blake and Bill Kiendl of V/T Commercial assisted all parties.

Lancaster Image Works Inc. leased a new home for its business, Carved Solutions, at 217 Avenue C, Williston, from All Cycle Waste. Broker Esther Lotz made the announcement. Present were David Allen, All Cycle Waste; Lotz; and Dawn Lancaster, Lancaster Image Works.

The North Branch Nature Center acquired the 28-acre parcel on the Winooski River in Montpelier from the Vermont Institute of Natural Science. The nature center has leased the property, which has been its home, for the last seven years. The facilities include an old farmhouse for collections, materials, and offices; a winterized barn to host programming; community gardens; nature trails; and a pedestrian bridge.

The Vermont Lake Monsters, the New York-Penn League affiliate of the Oakland Athletics, announced the final stages of renovations to the University of Vermont’s historic Centennial Field. They include permanent seating in the grandstand areas, new field-level seating, dugouts, and bullpens. Hard concrete general admission sections in the first- and third-base grandstands were replaced by 1,500 new permanent fixed seats; the backstop behind home plate was moved 12 feet closer to home plate; and roughly 100 seats were created in the Curtis Lumber Diamond Deck Seating Area. The organization has spent roughly $2 million in upgrades and renovations to Centennial Field over the last three years.

Commonwealth Dairy announced, in league with Gov. Peter Shulman, that the company has completed a $12 million expansion project started last November. The expansion includes 23,000 square feet in new facilities and equipment at the Brattleboro plant, which began operating in March 2011. The company expects to add as many as 34 new jobs to its workforce of 110.

June

Michele Bessett and Bob Iwaskiewicz have sold their St. Albans kitchen shop, As The Crow Flies, to Jessica Kittell Gaudette. Employees Kate Trahan, Kathleen Simpson, and Vicky Grimmer will continue working for the business. Bessett and Iwaskiewicz owned Jeff’s Maine Seafood in St. Albans before opening As the Crow Flies in 1998.

Ark-La-Tex Financial Services LLC leased an office at 4 Park St., Essex Junction, from LI Park St. Properties LLC. Broker Esther Lotz made the announcement. Present were Lotz, Michael Blanchard of Ark-La-Tex, Karriann Poulin of Ark-La-Tex, and Alex and Kristofer McEwing of LI Park St. Properties.

Green Mountain Co-Pack founder Jeff Mitchell announced the opening of the company’s 20,000-square-foot, state-of-the-art specialty food processing facility at 170 Boyer Circle, #9, Williston. The company joined forces with Thirsty Ventures Inc. to increase output and reduce turnaround times. The company will quadruple its workforce (from five to 20 employees).

Mike Comeau, the owner of the Richmond Market and Beverage and the Waterbury Village Market, leased 13,183 square feet of retail space at 131 Lower Main St. West in Johnson from the Pomerleau family. Later this summer, Comeau will open the Johnson Village Market in the space that formerly housed the Grand Union before Tropical Storm Irene flooded the village. Brad Worthen of V/T Commercial represented Comeau, and Tony Pomerleau, Ernie Pomerleau, Brian Waxler, and Yves Bradley represented Pomerleau Real Estate.

Broker Esther Lotz announced that Hannaford Brothers Co. leased a space for an office and employee training center at 141 Knight Lane, Williston, from Sandavy LLC. Pictured are Andy Willette, Hannaford; and Sandra Enman, Sandavy.

Miller Realty Group LLP purchased a 179,000-square-foot building on 50 acres on Allen Martin Drive, Essex, from the state of Vermont. Brad Worthen of V/T Commercial represented Bob Miller, Tim Miller, and Stephanie Miller Reiskin.

Rich Brandt of Pacific Rim LLC bought Sky Burgers Restaurant at 161 Church St., Burlington, from Mischka Rizzo and Stephen Kenney. Brad Worthen of V/T Commercial was the listing agent and assisted both parties.

Chris Russo of San Sai leased a retail space at 197 College St., Burlington, from Irene C. Hinsdale for the sale of bento boxes, Japanese art, and Japanese grocery items. Esther Lotz, broker, made the announcement. Pictured: Rebecca Lemire, landlord’s representative; and Chris Russo, San Sai.

Chef Courtney Contos leased a ground-floor retail space at 65 Falls Road, Shelburne, from Scout Investments. Contos has opened a kitchen supply store and offers cooking classes. Jed Dousevicz of V/T Commercial assisted the landlord and tenant.

CapSite leased 4,600 square feet at the Innovation Center in Burlington. Averill Cook and Tony Blake of V/T Commercial represented CapSite, a division of HIMMS (Healthcare Information and Management Systems Society). Yves Bradley of Pomerleau Real Estate represented the landlord.

Select Supply Distribution LLC leased offices and warehouse space at 446 Shunpike Road, Williston, from Woodcock & Thrush Holdings LLC. Broker Esther Lotz made the announcement.

Rich Brandt of Pacific Rim LLC bought Sky Burgers Restaurant at 161 Church St., Burlington, from Mischka Rizzo and Stephen Kenney. Brad Worthen of V/T Commercial was the listing agent and assisted both parties.

Strategic Workforce leased office space at 110 Kimball Ave., South Burlington. Brad Worthen of V/T Commercial assisted the tenant, and Linda I. Letourneau of Redstone represented the landlord.

May

Norwich University is undergoing several major construction projects totaling approximately $41 million. A new biomass plant, scheduled to be online by November, will save the university approximately $1 million a year in heating costs. The new dormitory, estimated at $25 million, will open in August 2014. The majority of contractors are Vermont firms.

Champlain College has begun construction on two new residence halls at Champlain College that will house 180 students. The “Res Tri Project” consists of three residence halls, green space, landscaping, and a promenade in the area bounded by Main , South Willard, and Maple streets and Edmunds School on a 4.66-acre site. Phase I, Juniper Hall, was completed by PC Construction in July 2012. The primary architect on the project is a Boston design firm. Like Juniper Hall, the two new ones (Butler and Valcour) will have views of Lake Champlain and the three islands after which they are named.

The owners of Mad Taco and Three Penny Taproom bought the restaurant leasehold improvements, assets, and good will of Pho Pasteur and commercial lease for the space at 38 Main St. in Winooski. They plan to open the Mule Bar. Peter Yee of Yellow Sign Commercial represented the sellers and landlord. Present were Yee; sellers Hong Quan and Men Vu; Joey Nagy, Mad Taco; and Scott Kerner, Three Penny Taproom.

Broker Esther Lotz announced that Salon One Curl Clinic LLC purchased a salon business asset package and lease at 122 Zephyr Road in Williston from Gentlemen’s Top Option Inc. The landlord is Village Associates LLC. Present were Lotz; Lori Sandshaw, Salon One; Penny Jones, Gentlemen’s Top Option; David Greenberg, attorney; and Steve Donahue, Donahue & Associates.

Salon One Curl Clinic LLC purchased a salon business asset package and lease at 122 Zephyr Road in Williston from Gentlemen’s Top Option Inc. The landlord is Village Associates LLC. Esther Lotz was the listing broker, and Steve Donahue of Donahue & Associates was the buyer broker. Present were Lotz; Lori Sandshaw, Salon One; Penny Jones, Gentlemen’s Top Option; David Greenberg, attorney; and Donahue.

Broker Esther Lotz announced that di Stefano Landscaping Inc. leased a location at 34 Park St., Essex Junction, from McEwing Properties LLC. Present were Kristofer McEwing and Alex McEwing, McEwing Properties; Chris di Stefano, di Stefano Landscaping; and Lotz.

April

Independent Tax Services Inc. leased a 1,500-square-foot office suite at the Chace Mill, Suite 271, 1 Mill St., Burlington, from Catamount Holding Co. Linda I. Letourneau of Redstone was the listing and leasing broker.

CapSite leased 4,678 square feet at 128 Lakeside Ave., The Innovation Center of Vermont, Burlington. Yves Bradley of Pomerleau Real Estate was the listing agent, and Averill Cook and Tony Blake of V/T Commercial were the leasing agents. Mark Naud, attorney at law, leased 272 square feet. Bradley was the listing and leasing agent.

Tootsies Mini Spa, owned by Beth Estey, leased 1,600 square feet at the historic Pomeroy House, 166 Battery St., Burlington, from Pomeroy Associates LLC. Linda I. Letourneau of Redstone was the listing and leasing broker. Present were Estey and Letourneau.

Windows and Doors by Brownell Inc. leased 14,210 square feet of warehouse/flex space at 1193 South Brownell Road, Williston, from Larry Williams Sr. and the Berta Williams Trust. Linda I. Letourneau was the listing and leasing broker.

Ricky Klein leased 3,000 square feet of warehouse space in Colchester for a meadery from Catamount East Development. Duncan Harris of Redstone represented Klein.

Consumer Health Coalition of Vermont leased a second-floor, 7,742-square-foot, Class A office suite at 120 Kimball Ave., South Burlington, from 120 Kimball Corp. Linda I. Letourneau of Redstone was the listing broker.

Peak Construction Management leased 2,000 square feet at 450 Weaver St., Winooski. Matt Tedder of Pomerleau Real Estate was the leasing agent, and Cedric Demeritt of Catamount East was the listing agent.

Areotek leased 878 square feet at 20 Kimball Ave., South Burlington. Matt Tedder of Pomerleau Real Estate was the leasing agent, and Dave Kelly of High Point Realty was the listing agent.

Next Level Studio leased 2,449 square feet at 8 Dorset St., South Burlington from the Greer Family LLC. Tony Blake of V/T Commercial and Yves Bradley of Pomerleau Real Estate represented the landlord, and Benjamin Avery of KW Commercial represented the tenant.

SD Associates bought an office building in Windsor known as The Firehouse. The 19,000-square-foot property will be partially occupied by the buyer with the balance leased to other tenants. Duncan Harris of Redstone represented the buyer.

NB Advantage bought a 6.3-acre lot in the Catamount Industrial Park in Milton from Greater Burlington Industrial Corp. for the delivery of compressed natural gas for customers not on the pipeline. Yves Bradley of Pomerleau Real Estate was the selling agent.

The award-winning Moose Meadow Lodge bed and breakfast in Duxbury has added a luxury tree house to its property. The 450-square-foot, two-story tree house is supported by two mature pine trees and overlooks the pond at Moose Meadow. It comes equipped with an electric fireplace and high-speed Wi-Fi Internet and features a wrap-around deck, a living room, second-story bedroom with balcony, 24 windows, custom-made antler light fixtures (handcrafted by Ken Kenia of Mad River Antlers in Warren), trees and branches from the property, and other locally sourced materials. It was designed by the owners of Moose Meadow Lodge, Greg Trulson and Willie Docto, with Eyrich Stauffer of Stauffer Woodworking in Montpelier.

Lyric Theater Company leased 6,310 square feet at 7 Green Tree Drive, South Burlington. Yves Bradley of Pomerleau Real Estate was the leasing agent, and Jeff Nick of J.L. Davis Realty was the listing agent.

Fleischer & Jacobs Partnership bought seven commercial condominiums, totaling more than 16,000 square feet, at 620 Hinesburg Road, South Burlington, from Vermont Radiologists LLP. Tony Blake and Averill Cook of V/3:29 PM Commercial announced the sale, and Doug Nedde of Nedde Real Estate represented the buyer.

Middlebury Interactive Languages leased 12,000 square feet of office space from Foster Real Estate Development. Duncan Harris of Redstone represented the landlord, and Ross Montgomery of Redstone procured the tenant.

Brownledge Foundation Inc. leased 1,028 square feet of office space at the Chace Mill, Suites 216/222, 1 Mill St., Burlington, from Catamount Holding Co. 863-TOGO Inc. leased a small office at Suite 175. Linda I. Letourneau of Redstone was the listing and leasing broker on both transactions.

Delta Dental Plan of Vermont Inc. leased an office at Clock Tower Square in Burlington from Diemer Properties LLC. Present were Jeffrey L. Landa, Northeast Delta Dental; Jill Diemer, Diemer Properties; Mike Diemer, Diemer Properties; and Esther Lotz, broker.

Nova Naturals leased 15,100 square feet of office and warehouse space at 6221 Shelburne Road at Shelburne Green. Sunward Systems leased 4,000 square feet at the same address. Yves Bradley of Pomerleau Real Estate was the listing and leasing agent for both transactions.

Feldman’s Bagels leased 5,100 square feet for wholesale and sales of bagels, baked goods, and sandwiches at 660 Pine St., Burlington. Yves Bradley of Pomerleau Real Estate was the listing and leasing agent.

Collin Frisbie, vice president of Sterling Construction, acquired a commercial office condominium at 1037 Hinesburg Road, South Burlington, from Mansfield View Properties LLC. He will relocate his offices there. Tony Blake of V/T Commercial acted as the buyer’s agent, and Dave Kelly of Highpoint Realty represented the seller.

Vermont Information Consortium LLC leased 2,432 square feet of office space at 147 State St., Montpelier, from Linden Street Property LLC. Linda I. Letourneau of Redstone was the listing and leasing broker.

Brap’s Magic leased 250 square feet at 11 Kilburn St., Burlington, in The Kilburn & Gates Building. Yves Bradley of Pomerleau Real Estate was the listing and leasing agent.

Manchester Specialty Programs leased 1,039 square feet of office space at The Innovation Center of Vermont in Burlington. Tony Blake of V/T Commercial represented the tenant, and Yves Bradley of Pomerleau Real Estate represented the landlord, Fortieth Burlington LLC.

Unisource Management Corp. leased 1,476 square feet at White Cap Industrial Park, 426 Industrial Ave., Williston. Yves Bradley of Pomerleau Real Estate was the listing agent, and Steve Donahue of Donahue & Associates assisted with the listing.

Broker Esther Lotz announced that Nick Caiano leased an office suite at Suite 120, 300 Cornerstone Drive, Williston, for professional guitar instruction. The landlord is Allen Brook Development. Nicole Senecal of Omega Real Estate Associates was the listing agent. Pictured, standing, from left: Senecal, Lotz, and Caiano; seated is student Paul Gamache.

Panera Bread leased a 3,800-square-foot stand-alone store at the Central Vermont Shopping Center in Berlin. Yves Bradley of Pomerleau Real Estate was the listing and leasing agent.

Erika and Marcus Hamblett, the owners of 1 Federal Restaurant, bought Athena’s Diner in St. Albans. Tony Blake of V/T Commercial assisted both parties.

Barber & Waxman leased 2,385 square feet at 31 Kilburn St., Burlington, in The Kilburn & Gates Building. Yves Bradley of Pomerleau Real Estate was the listing agent, and Linda I. Letourneau of Redstone was the leasing agent.

EIU Technical Services bought a 3,000-square-foot industrial condominium at 55 Leroy Road, Williston. Yves Bradley and Matt Tedder of Pomerleau Real Estate were the listing and selling agents.

Canadian Alliance LLC leased 739 square feet at 179 Bank St., Burlington, the former home of the Mad Hatter, for an expansion of Dobra Tea. Yves Bradley of Pomerleau Real Estate was the listing and leasing agent.

RoseWorks LLC leased 637 square feet at 308 Pine St., Burlington, in The Kilburn & Gates Building. Yves Bradley of Pomerleau Real Estate was the listing agent, and the leasing agent was Tony Blake of V/T Commercial.

Waite-Heindel Environmental Management leased 1,210 square feet at 7 Kilburn St., Burlington, in The Kilburn & Gates Building. Dr. Joshua Green leased 728 square feet. Yves Bradley of Pomerleau Real Estate was the listing and leasing agent for both transactions.

Burlington Segways leased 3,000 square feet at 257 Pine St., Burlington. Yves Bradley of Pomerleau Real Estate was the listing and leasing agent.

Pharmalogic Holdings Association leased 2,500 square feet at 191 South Brownell Road, Williston. Yves Bradley of Pomerleau Real Estate was the leasing agent, and Nicole Senecal of Omega Real Estate Associates was the listing agent.

Vermont Captive Insurance leased 2,216 square feet in Waterfront Plaza at 180 Battery Street, Burlington. Yves Bradley of Pomerleau Real Estate was the leasing agent, and Barb Surprenant of ICV was the listing agent.

March

Koffee Kup Bakery Inc. of Burlington announced that it is acquiring, with the help of Vermont Economic Development Authority loan in the amount of $680,000, Vermont Bread Co. and its East Coast affiliate company from Charter Baking Co. of Boulder, Colo. The acquisition includes significant bakery facilities and equipment in Brattleboro and northeastern Connecticut and will help Koffee Kup to further expand operations and save jobs.

Polhemus announced a change in ownership. Skip Rodgers, the company president, became a co-owner effective Dec. 31. Rodgers purchased shares from former co-owner Ked Jedrzejewski, prompted by Jedrzejewski’s announcement to retire. Rodgers maintains his role as CEO.

Jon Cunningham, president of Minuteman Press of Vermont, announced the company’s acquisition of Fox Printing of Burlington and Buy-Monthly Publishing of Waterbury Center.

Rick and Sherry Limoge of Limoge & Sons Garage Doors Inc. bought the Home Builders and Remodelers Association of Vermont building at 136 James Brown Drive in Williston. Jed Dousevicz of V/T Commercial represented the Home Builders, and broker Esther Lotz secured and represented the buyers. Present were Josie Palmer Leavitt, Home Builders and Remodelers Association; Rick Limoge; and Lotz.

Tom Hergenrother Jr., the founder of Hergenrother Custom Development, and Adam Hergenrother, the founder of BlackRock Construction, announced the merger of their companies under the name BlackRock Construction. The company will focus on innovative design for residential homes and on larger commercial projects, focusing on health care, education, environmental, retail, and hospitality markets. Adam Hergenrother is the owner of the first Keller Williams Realty franchise in Vermont. Before founding Hergenrother Custom Development, Tom Hergenrother worked in finance and real estate.

Frank Landry, M.D., bought a medical office condo at 43 Timber Lane in South Burlington from James Morgan, M.D. Linda I. Letourneau of Redstone was the listing and selling broker. Present were Landry, Morgan, and Letourneau.

Broker Esther Lotz announced that Preferred Properties leased a new office building at 2004 Williston Road in South Burlington from South Burlington Realty Co. LLC. Present were Lotz; Tim McKenzie, South Burlington Realty; Curtis Trousdale, Preferred Properties; and Barb Trousdale, Preferred Properties.

Creative Women leased an 856-square-foot office space at the Chace Mill, Suite 318/322, 1 Mill St., Burlington, from Catamount Holding Co. Linda I. Letourneau of Redstone was the listing and leasing broker.

Hayward Tyler Inc. leased 3,990 square feet of office space at 261 Mountain View Drive in Colchester from the Albany College of Pharmacy and Health Sciences. Tony Blake of V/T Commercial represented the college, and Tim Burke of White + Burke Real Estate Investment Advisors represented the tenant.

Aristelle LLC leased 1,500 square feet of retail space at 61 Church St., Burlington, from Dot Real Estate for a new women’s intimate apparel store. Tony Blake and Averill Cook of V/T Commercial assisted the tenant and the landlord.

Blodgett Ovens leased 11,500 square feet of warehouse space at 716 Pine St., Burlington, from James Edward Co. Linda I. Letourneau of Redstone was the listing and leasing broker. Present were Letourneau; Jim Lampman, the landlord; and Dan Colbeth of Blodgett Ovens.

Champlain Waldorf School Education Association bought a 14,494-square-foot office building on 3 acres of land at 122 Bostwick Road in Shelburne from the American Morgan Horse Institute Inc. Linda I. Letourneau of Redstone was the listing broker, and Bill Kiendl of V/T Commercial Real Estate represented the buyer.

February

Sears, Roebuck and Co. leased a 6,000-square-foot warehouse and office space at 1364 Marshall Ave., Williston, from O’Brien Family LLC. Rick Harrison of J.L. Davis Realty represented Sears.

Radio Vermont bought WEXP-FM 101.5 in Rutland and is operating it as a lease agreement until the purchase is approved by the FCC. Ken Squier, president of Radio Vermont Group, which includes stations WDEV AM and FM, WCVT FM, and WLVB FM, said changes were being made in WEXP’s programming while continuing to use the format that has worked for the operation since its inception in 2000.

Sarah Coates Cowenhoven and Peter S. Cowenhoven, the owners of Marvelle Holdings LLC, completed the acquisition of Sam’s Unfinished Furniture in Burlington. The purchase included the business and retail real estate assets. Vermont Business Brokers represented the sellers.

Remora LLC bought a 17,000-square-foot office building at 23 Pond Lane in Middlebury from Foster Real Estate Development. Duncan S. Harris of Redstone represented the seller.

People’s United Bank leased a 42,702-square-foot office space from International Business Machines Corp. at the Champlain Valley Technology & Innovation Park in Williston. Rick Harrison of J.L. Davis Realty represented IBM, and Jeff Nick of J.L. Davis represented People’s United.

Argento Laraine Fine Jewelry leased a 3,000-square-foot commercial building at 135 Talcott Road, Williston, from M&E Boudah Enterprises LLC. Rick Harrison of J.L. Davis Realty was the listing and leasing broker.

The state of Vermont executed a long-term lease renewal for 48,200 square feet of office space at the Champlain Valley Technology and Innovation Park, 1000 River Road, Essex Junction, from International Business Machines Corp. Rick Harrison of J.L. Davis Realty represented the landlord.

Honest Yoga leased a 1,327-square-foot commercial space at Dorset Square Mall, 150 Dorset St., South Burlington, from Dorset Square Associates. Rick Harrison of J.L. Davis Realty was the listing and leasing broker.

Green Mountain Imports LLC leased a 5,000-square-foot industrial/showroom space at 740 Marshall Ave., Williston, from Catamount Holding Co. Doug Nedde of Redstone represented the landlord, Present were Pierre Heroux (left), Green Mountain Imports, and Nedde.

Champlain Valley Auto Group leased a new facility at 700 Airport Parkway, South Burlington, from the city of Burlington. Present were Mathew Burt, the owner of Champlain Valley Auto Group, and Esther Lotz, broker.

Mark Akey bought Monty’s Old Brick Tavern in Williston village from its founder, David Herskowitz. Peter Yee of Yellow Sign Commercial represented the seller. Present were Kate Kronk, seller’s attorney; Herskowitz; Akey; Ed Fitzpatrick, buyer’s attorney; and Yee.

DuBois & King consulting engineers leased 10,600 square feet of office space at 6 Green Tree Drive in South Burlington. Peter Yee of Yellow Sign Commercial represented the tenant. Present were Jeff Nick of J.L. Davis Realty, landlord; Jeff Tucker, DuBois & King; and Yee.

Benjamin Nostrand of Nostrand Financial Planning joined Ray Sokolowski of Sokolowski Investment Advisors, creating a combined firm called WestView Investment Advisors. The new firm has in excess of $90 million in assets under management. Sokolowski is chief executive officer, and Nostrand is chief investment officer.

National Gardening Association Inc. leased an office at 237 Commerce St., Williston, from Commerce Street Investments LLC. Present were Esther Lotz, broker; Anthony S. Vargo, National Gardening Association; Michael Metallo, National Gardening Association; and Don Weston, Commerce Street Investments.

January

Birth Journeys leased space from Main Street Landing Co. at Union Station, One Main St., Burlington. Tony Blake of V/T Commercial assisted both parties.

Broker Esther Lotz announced that Media Solutions International leased office space at 22 Essex Towne Marketplace, Essex, from DK Properties LLC. Present were Lotz; Ken Britting, DK Properties; Don Tougas, DK Properties; Jim Curry, Media Solutions International.

Arthur Anderson bought Bram Maintenance Management, a commercial property management company serving Vermont, New Hampshire, and Massachusetts, from Bruce and Pam Devlin. John Beal of Vermont Business Brokers was the listing broker, and Sharon Beal was the selling broker.

Illumination Devices leased a 4,425-square-foot office suite at 310 Hurricane Lane in Williston from Hillside Properties. The company researches, develops and manufactures LED lighting. Duncan Harris of Redstone represented the tenant. Present were Harris; Josh Niebling, Illumination Devices; and Bill Dunn, Hillside Properties.

Broker Esther Lotz announced that Lynn Wilkinson leased a building at 3097 Williston Road, South Burlington, from Hennigar Holdings LLC. She will open The Mane House & Boutique. Present were Wilkinson; Curt Hennigar of Hennigar Holdings; and Lotz.

Lake Champlain Waldorf School bought the former home of the American Morgan Horse Institute at 122 Bostwick Road in Shelburne. The school will relocate its high school from Ferry Road in Charlotte. Bill Kiendl of V/T Commercial represented and assisted Waldorf, and Linda I. Letourneau of Redstone represented the seller.

Scott Richardson, the owner of After Midnight Jewelers, a locally owned store in University Mall, announced the shop’s reopening after undergoing extensive renovations. The entire store was redone, and 25 feet of diamond showcase space was added, plus technological advances such as interactive ring displays. Hors d’oeuvres and drinks were served the evening of the grand reopening. Ten percent of reopening day sales went to the Make-A-Wish Foundation Vermont chapter.

Shalna Malley LLC leased 1,800 square feet of retail space at 1166 Williston Road, South Burlington, from Precourt Investment Co. LLC. Jed Dousevicz of V/T Commercial represented the tenant, which plans to open a bagel store.

Champlain Housing Trust has bought Burlington’s South Meadow Apartments from Coburn & Feeley for $19 million. Built 25 years ago, the development is home to 148 apartments including 40 affordable ones.

Vermont Kin as Parents leased office space at 33 Blair Park in Williston from Silverlake Wealth Management. Duncan Harris of Redstone represented the landlord and procured the tenant.

PedsOne, a medical software company, leased 4,200 square feet of office space at 46 Main St., Winooski, from Waterpower LLC. The company will relocate its headquarters from the Champlain Mill. Tony Blake and Jed Dousevicz of V/T Commercial assisted both parties.

Myson Inc. sublet 10,000 square feet at 45 Krupp Drive, Williston, from Bartlett Realty. Jed Dousevicz and Brad Worthen of V/T Commercial assisted all parties.

Bryan Phelps bought a commercial condominium at the Essex Towne Marketplace in Essex from Mark Foley. Phelps plans to open a food service establishment. Bill Kiendl of V/T Commercial represented the seller, and Ross Montgomery of Redstone represented the buyer.

Pella Windows leased 3,165 square feet at 340 Dorset St., South Burlington, from the Edgar Welch Trust. Rob LaClair and Bill Kiendl of V/T Commercial assisted both parties.

Wally Sabotka, the owner of Sam’s Steakhouse in Ludlow, announced the renovation of his Prime bar and lounge, designed by Malgosia Urbanoicz of Commercial Arts in Burlington. Dave Berry Woodworking of Ludlow was the contractor. The recent work completes the renovations needed after Tropical Storm Irene.

Glenn Heitsmith (pictured), co-owner of the Timber Inn in Ludlow, announced the complete renovation of five ground-floor guest rooms, required after the damage incurred from Tropical Storm Irene. Plymouth builder R.T. Weiss was the lead carpenter. Other contractors included Master Plumbing of Cuttingsville, Mike Copping Electric of Chester, Young’s Propane of Springfield, Skip Munro of Mount Holly (reconstruction and grounds work), and LaValley’s Building Supply of Ludlow. •