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Last updated:
7/7/2008

Mergers & Acquisitions

2004

December

The retirement plan and administrative group of Hackett & Co. in South Burlington has merged with Future Planning Associates Inc. of Williston. The merged company, with a combined staff of 20 specialists, will operate as Future Planning Associates Inc. under the leadership of Suzanne Stewart, chairwoman, and Luther F. Hackett, vice chairman. Other directors of the merged company are Jane Emmons, Marilyn Jae Lehto and Loretta Wood of Future Planning Associates and Patty Barry, Erin Helmken and Daryl Straw from Hackett & Co. Future Planning expanded its quarters at 600 Blair Park in Williston to accommodate the merger.

Attorneys Debra R. Schoenberg and John H. Marshall of Schoenberg & Associates have reached an agreement with Downs Rachlin Martin PLLC to incorporate their Burlington family law practice within DRM, the state's largest law firm. The merger adds the practice of matrimonial and family law to the legal services provided by DRM.

Mike Williams of Kountry Kart Deli sold Daily News Café in the UBS office building in South Burlington to Jake Tran. Dennis Berger of Vermont Business Brokers was the listing and selling broker.

PDI Creative Communications, a full-service marketing and design agency in Burlington, was acquired by Peter Kriff, the agency's creative director since early 2002. Kriff is now president and creative director. The company was formed in 1988 by Richard Maggiani under the name Page Designs Inc.

Westaff, a Burlington provider of staffing services, announced the acquisition of the Essex Junction–based Synergy Staffing. In addition to 40 new clients, Westaff gained 60 employees with the acquisition. Westaff employs about 225 people full time in Chittenden County and more than 375 statewide, serving 250 local clients.

Charlie Pughe, president of Redstone Construction, announced the completion of a 38,000-square-foot facility for FedEx Ground/Home Delivery at 322 Leroy Road in Williston. The facility features 10 exterior loading docks, 35 interior truck/van loading positions and 3,000 square feet of support office space. Expansion to 59,000 square feet is planned. All operations for the company have moved to the new property. Scott + Partners Architects of Essex designed the facility; Krebs & Lansing Consulting Engineers Inc. of Colchester were the civil engineers.

Rick Harrison and Greg Dirmaier of J.L. Davis Realty were the listing brokers for Chimney Corners Corp. They also assisted the buyer, Allen Brook Development Inc., in the sale of a commercial investment property at 90 and 94 Harvest Lane in Williston. The complex consists of a 47,142-square-foot retail, warehouse and office building and a 5,912-square-foot office building, on 9.6 acres. Tenants are Hertz Equipment Rental, Champion Jogbra, American Tax & Bookkeeping and Fairway Estates Development Corp.

John Beal of Vermont Business Brokers was the listing broker for the sale of Marie Moore's Triple M Bayside Deli in Colchester to Phuong Lam. Bill Workman of Century 21 assisted in the transaction.

Aaron and Deb Millon have sold the Richmond Corner Market on East Main Street to Michael Comeau. Comeau also has an option to buy the real estate from the Millons. Bill Kiendl and Jed Dousevicz of V/T Commercial assisted both parties. Pictured are, from left, Kiendl; Comeau; Jessica Perrault, Comeau's fiancee; and Dousevicz.

Greg Dirmaier and Rick Harrison of J.L. Davis Realty were the listing brokers for Lakeside Holdings LLC and assisted the buyer, A&C Realty LLC, in the sale of a commercial investment property at 356 Prim Road, Colchester. The property consists of a 6,430-square-foot retail building and a 4,446-square-foot warehouse on 2.75 acres. Tenants include Fox Marine and Sheppard & Carrier Construction.

Rick Harrison of J.L. Davis Realty was the listing broker for LNP Inc. and assisted the tenant, Little Man Inc. in the leasing of a 37,400-square-foot warehouse, showroom and office space at 290 Boyer Circle, Williston.

Rick Harrison of J.L. Davis Realty was the listing broker for LNP Inc. and assisted the tenant, Associates in Physical & Occupational Therapy, in the leasing of a 15,490-square-foot commercial building at 151 Blair Park in Williston.

Duncan Harris of Redstone was the listing and leasing broker representing the landlord in the leasing of 9,300 square feet of warehouse space at 5 Chad Lane, Williston, to Direct Tech, an affiliate of Direct TV.

Linda I. Letourneau of Redstone was the leasing broker, and Greg Dirmaier of J.L. Davis Realty was the listing broker in the leasing of 7,000 square feet at 323 Industrial Ave., Williston, to Vermont Home & Marine Inc.

Rick Harrison of J.L. Davis Realty was the listing broker for Allen Brook Development Inc., and Michael Simoneau of Hickok & Boardman Commercial Realty was the leasing broker in the leasing of a 5,936-square-foot classroom and office space at 94 Harvest Lane in Williston to The Jean Garvin School.

Linda I. Letourneau of Redstone was the listing broker representing Wills Two LLC in the leasing of 3,200 square feet of office/showroom space at 208 Flynn Ave., Burlington, to Burton Snowboards Corp. Steve Donahue of Pomerleau Real Estate was the leasing broker.

Duncan S. Harris of Redstone was the listing and leasing broker representing Dark Star LLC in the leasing of 2,700 square feet of warehouse space at 110 Commerce St., Hinesburg, to Champlain Valley Office of Economic Opportunity.

Edward Jones Investments has leased 1,500 square feet of retail/office space in Tenneybrook Square in Shelburne from Jacques Landry. Jed Dousevicz of V/T Commercial represented the tenant, and Brian Waxler of Pomerleau Real Estate represented the landlord.

Patrick and Kelli Purcell leased retail space at the former Courtyard Collection, 171 St. Paul St., Burlington, from Grand View Properties. The Purcells will open their custom clothing business together with an artisans' gallery there. Bill Kiendl of V/T Commercial assisted both parties in the transaction.

The U.S. Army auditor's office leased office space at 20 Kimball Ave. in South Burlington from Alan Palmer. Tony Blake of V/T commercial assisted the tenant, and Dave Kelly of Highpoint Realty assisted the landlord.

November

Linda I. Letourneau of Redstone was the leasing broker, and Rick Harrison of J.L. Davis was the listing broker in the leasing of 4,200 square feet of office/flex space at 187 Commerce St. in Williston to Summit Technologies.

Quiznos Subs leased 2,200 square feet at 92 Church St. in Burlington from Judy Shea of C. Durrell Simmons Inc. Bill Kiendl of V/T commercial assisted the landlord; Yves Bradley of Pomerleau Real Estate assisted the tenant.

Linda I. Letourneau of Redstone was the leasing broker, and Barb Suprenant of ICV was the listing broker in the leasing of 1,390 square feet of Class A office space at 1795 Williston Road in South Burlington to Coretomic Inc.

David Means of State Farm Insurance leased space at 100 Dorset St. in South Burlington. Tony Blake of V/T Commercial assisted the landlord, Century Partners; Tom Raub of Hickok & Boardman Commercial Realty assisted the tenant.

SymQuest Group announced that it has acquired IniNet Inc. of Keene, N.H. IniNet was founded in 1996 and has more than 200 clients who rely on it for IT services, network design and consulting. Pictured from left are the former owners of IniNet, Norma Elliot, Bob Elliot, Kim Vickery and Scott Vickery; and Larry Sudbay, Nicole Carignan and Pat Robins of SymQuest.

Grandview Farms Inc., landlord of 171 St. Paul St. in Burlington, leased the ground floor to Kelli and Patrick Purcell, dba Manjushri Designs. The space is the former home of Courtyard Collection.

Bill Kiendl of V/T commercial leased the ground floor lobby retail space at 100 Bank St. in Burlington to New England Federal Credit Union. Kiendl represented the landlord, Kevin Donahoe and Associates, and Charlie Poulin of Pomerleau Real Estate represented the tenant.

Benware and Co. announced the sale of all its McDonalds restaurants. The new owner of restaurants in Berlin, South Barre, Brandon and Middlebury is Coughlin Inc. of Rutland; the new owner of the remaining Benware restaurants is Napoli Group of Williston.

Linda I. Letourneau of Redstone was the selling broker representing J&L Holdings LLC in the purchase of commercial office condominiums units 6 and 7 at 595 Dorset St. in South Burlington. Rick Harrison of J.L. Davis Realty was the listing broker representing the seller, JJM Investments LLC.

Tim Burke of David G. White & Associates Inc. of Burlington announced the signing of a long-term lease for 16,722 square feet with Fletcher Allen Health Care at 62 Tilley Drive off Vermont 116 in South Burlington. Burke represented the tenant; Pizzagalli Properties LLC is the developer and landlord for the new, two-story, 30,000-square-foot office building.

Doug Nedde of Redstone was the listing broker representing Hallam Associates, and Mike Simoneau of Hickok & Boardman Realty was the leasing broker in the leasing of 5,000 square feet of office space at 60 Farrell St. in South Burlington to the Lund Family Center.

Duncan S. Harris of Redstone was the listing and leasing broker representing Commerce Commercial LLC in the leasing of 2,400 square feet of warehouse space at 338 Commerce St. in Williston to Champ Mechanical.

Linda I. Letourneau of Redstone was the listing and leasing broker representing J&L Holdings LLC in the leasing of 650 square feet of office space at 595 Dorset St. in South Burlington to BPV Corp. of Northfield.

October

Dan Petherbridge of CBI announced that Apex Carpet Care, Deflooding and Restoration has been sold by Phil Decker, president of Jon De Inc., to Carl Schneider LLC. Petherbridge represented the seller and worked closely with the buyer.

Citizens Financial Group Inc., a subsidiary of The Royal Bank of Scotland Group PLC, has acquired Charter One Financial Inc. The transaction makes Citizens one of the 10 largest commercial bank holding companies in the country. Citizens' corporate headquarters are in Providence, R.I. Charter One's national bank charter will remain.

Contact Communications of Vermont has acquired all facilities and customers of Message Center of Burlington, Vermont. Contact Communications and Contact Plus are full-service paging, wireless and answering service centers. Retail locations include Burlington and Barre plus some in New York state. Operations and technical headquarters are in Williston. Paul Valois is president of Contact Communications.

Banknorth Group Inc. and TD Bank Financial Group announced an agreement for TDBFG to acquire 51 percent of the outstanding shares of Banknorth. The acquisition provides TD with majority interest in the company. Banknorth, with headquarters in Portland, Maine, operates divisions in New England and New York. TDBFG's headquarters are in Toronto.

Dan Petherbridge of CBI announced the sale of Park Terrace (Eldercare Community Care Homes Inc.) in Rutland to Viorel Duca of Sacramento, Calif. Petherbridge represented the sellers and worked closely with the buyer in coordinating the sale.

David White of David G. White & Associates Inc. of Burlington announced the sale of 8.36 acres of land in the northwest side of Berlin Mall Access Road in Berlin. White represented the seller, Daniel C. Lyons Trust. The buyer was J.M. & P.I. Management LLC.

Jed Dousevicz of V/T Commercial announced the sale of a three-story, mixed-use property at 24-26 Main St. in Winooski to Farrell Vermont LLC. The building has 10 apartments and ground-floor retail space. Dousevicz represented the seller, MMDI Management.

Doug Nedde of Redstone was the listing broker representing Catamount Brownell LLC, and Esther Lotz of Highpoint Realty was the leasing broker in the leasing of 5,000 square feet of service space at 750 Marshall Ave. in Williston to Berlin City CarCenter.

Casey Family Services has leased 4,200 square feet on the third floor of 46-50 Main St. in Winooski. This is in addition to the 10,500 square feet already leased by Casey. Jed Dousevicz of V/T Commercial assisted the landlord, Water Power LLC; Steve Donahue of Pomerleau Real Estate assisted the tenant.

September

Trudell Consulting Engineers, a civil engineering firm in Williston, was purchased by Jeremy Matosky, P.E., from Richard Trudell, P.E, who founded the company in 1975. Matosky has been with the firm since 1999. Trudell continues as senior engineer. John Pitrowiski, P.E., remains vice president.

The managers of the Private Client Group of NL Capital Management have formed a new investment management firm, Maple Capital Management Inc. to acquire the assets of the Private Client Group from National Life. All the key employees of the group, including John Boland, Ramsey Ahmed and Gerald Milkowski, will stay with the firm.

Green Mountain Credit Union announced that Washington County U.S. Government Employees Credit Union has joined with GMCU. The merger gives Washington County members access to Green Mountain's products and services. The Washington County office at 85 State St., Room 305, in the Federal Building in Montpelier, is now available to serve members of both credit unions.

Charlie Poulin of Pomerleau Business Services was the selling agent, and Kevin D'Arcy of Pomerleau was the listing broker on the sale of Waterbury Beverage and the Vermont Liquor Agency in Waterbury to Quinland Farms Inc. The operation will be relocated to the Crossroads Beverage & Deli in Waterbury.

Tim Burke of David G. White & Associates Inc. of Burlington announced the sale of the Borden property on Dorset Street in Shelburne. The 66-acre site was bought by the Vermont Land Trust, which will place a conservation easement on the parcel allowing only agricultural use. Burke represented the purchaser; Nancy Jenkins of Prudential Realty Mart represented the seller.

Charlie Pughe, president of Redstone Construction, announced the construction of a 38,000-square-foot facility for Fedex Ground/Home Delivery at 322 LeRoy Road in Williston. Scott+Partners of Essex are the architects.

Larry Williams and Doug Nedde of Redstone announced the sale and construction of a 3,800-square-foot, stand-alone office building for Back to Action, a physical therapy practice, at Catamount Park on Exchange Street in Middlebury. Peter Wisell of Redstone Construction was the project manager.

Tim Burke of David G. White & Associates Inc. announced the signing of a lease with Peebles Department Store for 31,000 square feet in the Highgate Commons Shopping Center in St. Albans. Burke was listing and leasing broker for the transaction. Peebles will open the store in November in a portion of the former Ames space. Earlier this year, Burke leased 26,000 square feet of the former Ames space to TJ Maxx, which opens this month.

Yves Bradley of Pomerleau Real Estate was the leasing agent representing the tenant, Lisa Spagnoli of A Little Glamour in the leasing of 600 square feet at 32 1/2 Church St. in Burlington. Spagnoli has closed her former store, Zia, in Massachusetts, and has relocated to Burlington.

Duncan S. Harris of Redstone was the listing and leasing broker representing Echo Housing Ltd. in the leasing of 2,230 square feet of office space at 84 North Ave. in Burlington to the Vermont Development Credit Union.

Charlie Poulin of Pomerleau Real Estate was the leasing broker representing New England Federal Credit Union in leasing 750 square feet at 100 Bank St. in Burlington. Bill Kiendl of V/T Commercial represented the landlord.

Linda I. Letourneau of Redstone was the listing and leasing broker representing 10&2 Trust in the leasing of a small office at 174 Battery St. in Burlington to Inter Control Inc.

Tim Burke of David G. White & Associates Inc. announced the signing of a 10-year lease for 7,793 square feet with Fletcher Allen Health Care at 62 Tilley Drive on Vt. 116 in South Burlington. Fletcher Allen's Pain Management practice will occupy the space, which is on the second floor of the building. Burke represented the tenant. Pizzagalli Properties LLC is the developer and landlord. FAHC is the first tenant in the 30,000-square-foot building.

Yves Bradley of Pomerleau Real Estate was the leasing agent representing the tenant, Cynthia White, Massage Therapist, in the leasing of space at 102 Church St. in Burlington. Pomerleau is the landlord.

Robert Marlowe and Yves Bradley of Pomerleau Real Estate were listing and leasing agents representing the tenant and landlord on the leasing of 600 square feet at 1944 Williston Road to Green Mountain Valuations.

Duncan Harris of Redstone was the listing and leasing broker representing Main Street Landing Co. in leasing of 1,700 square feet of Class A office space at 3 Main St. in Burlington, known as the Cornerstone Building, to Vermont Marble Investors Group.

Yves Bradley of Pomerleau Real Estate represented the tenant, Stride Creative Group, in leasing 628 square feet at the Kilburn 7 Gates Building in Burlington. Terri Parent and Katherine McIntyre are principals of the marketing firm.

Yves Bradley of Pomerleau Real Estate represented the tenant, Carol Foley, on the leasing of 450 square feet of office space at 2 Church St. in Burlington. Hillary Boardman of J.L. Davis Realty represented the landlord.

August

Doug Nedde of Redstone was the leasing broker representing CTX Mortgage in the leasing of 3,600 square feet of office space at 62 Tilley Drive in South Burlington. Bob Bouchard of Pizzagalli was the listing broker representing Pizzagalli Construction, the project's developer and builder.

The new owners of Nectar's Restaurant & Lounge reopened its doors following renovations. Damon Brink, Sally Brink and Christopher Walsh bought the club last year from longtime owner Nectar Rorris. They intend to keep the club as a music venue that fosters local talent and introduces new musicians. The group also purchased Metronome, the live music venue located upstairs.

Casey Family Services has leased 10,500 square feet of office space at 46-50 Main St., Winooski. Jim Casey, the founder of UPS, helped start the nonprofit child welfare agency. Jed Dousevicz of V/T Commercial represented the landlord, Water Power LLC, and Steve Donohue of Pomerleau Real Estate represented the tenant. Construction is under way, with plans to open in November.

Larry Williams of Redstone was the listing and leasing broker representing RFC Realty LLC in the leasing of approximately 25,405 square feet of office/distribution/manufacturing space at 40 Sears Lane in Burlington to Champlain Chocolate Co. Linda I. Letourneau of Redstone assisted in the transaction. The building, which doubles the company's manufacturing and production space, is across the street from the company's 750 Pine St. location.

The offices of Jack McMullen for Senate have signed a lease for campaign headquarters at 100 Dorset St., South Burlington. Tony Blake of V/T Commercial represented Judge Companies, the landlord; Hillary Boardman of J.L. Davis Realty assisted the tenant.

Linda I. Letourneau of Redstone was the listing broker representing 10 & 2 Trust in leasing a single office at 174 Battery St., Burlington, to Hertzberg Consulting Engineers Inc. Dick MacKenzie of Hickok & Boardman Commercial Realty was the leasing broker representing the tenant.

Workers WRS LLC leased 5,000 square feet of office space at 289 Hurricane Lane in Williston from Bill Dunn of Sideline Properties Inc. Bill Kiendl of V/T Commercial assisted both parties in the transaction.

Linda I. Letourneau of Redstone was the leasing broker representing Wilcox Pharmacy, and Rick Harrison of J.L. Davis Realty was the listing broker representing Allen Brook Development Inc. in the leasing of 1,140 square feet of office space at 300 Cornerstone Drive in Williston.

Vermont Originals, a Morrisville maker of hand-crafted hats, was purchased by Tad and Jane Washburn, a San Francisco couple seeking a company in Vermont. The company's wool hats are crafted by local knitters. Both the Washburns have experience in marketing, Jane as an executive with The Gap, and Tad as an executive at Young & Rubicam.

Duncan S. Harris of Redstone was the listing and leasing broker representing the owner, Ann Harvey, in the leasing of 714 square feet of office space in the Star Mill building at 5 Park St. in Middlebury to attorney Kathleen Walls.

Linda I. Letourneau of Redstone was the listing and leasing broker representing Catamount East Development Co. in the leasing of 2,000 square feet of warehouse/light industrial space at 156 Acorn Lane in Colchester to Vermont Industrial Products.

Doug Nedde of Redstone was the listing and leasing broker representing the owner, Catamount/Shelburne LLC, in the leasing of 1,746 square feet of office space at 4076 Shelburne Road (Shelburne Commons) in Shelburne to M. Kraus & Co.

Doug Nedde of Redstone was the listing broker representing the owner, Catamount/Shelburne LLC, and Tim Burke of David G. White & Associates represented the tenant in the leasing of 1,695 square feet of office space at 4076 Shelburne Road to Wilbur Smith Associates Inc.

July

John J. Rao III and Steve Donahue of Pomerleau Real Estate were the listing agents on the leasing of 46,638 square feet of retail space at Maple Tree Place in Williston to Christmas Tree Shops. The shop is scheduled to open in the fall. Stephen Tenofsky represented the tenant.

Charter One Bank has relocated its retail banking operation in Winooski from Main Street to the Winooski Shopping Center on Malletts Bay Ave. Charlie Poulin of Pomerleau Real Estate was the broker.

Cooperative Research Services Inc., an international bank consulting firm, has leased 3,276 square feet of office space for its Vermont operation at 600 Blair Park in Williston. CRS also has offices in New York and London. Tony Blake of V/T Commercial assisted CRS and the landlord, Triptik III Realty Partnership, in the transaction.

Linda I. Letourneau of Redstone was the listing and leasing broker representing the Bus Barn Bon Housing Limited Partnership and the Burlington Community Land Trust in the leasing of 1,183 square feet of retail space at 333 North Winooski Ave. in Burlington to Nhat Long Market.

John J. Rao III, Brian Waxler and Steve Donahue of Pomerleau Real Estate were the listing and leasing agents on the leasing of 3,290 square feet of retail space at Maple Tree Place in Williston to Asian Bistro, scheduled to open in the summer.

Vermont Public Interest Group leased 750 square feet of office space on the second floor at 115 Church St., Burlington. Bill Kiendl of V/T Commercial assisted the landlord, Robert Fuller, in the transaction.

Linda I. Letourneau of Redstone was the listing and leasing broker representing Catamount East Development Co. in leasing 2,000 square feet of warehouse and light industrial space at 156 Acorn Lane, Colchester, to Industrial Products Inc.

David's Green River Furniture and Bedding has leased 1,570 square feet of retail space at the Jericho Plaza on Vermont 15 in Jericho from Karel Samson. This is the second location for the company, which has operated a store in the Morrisville area for 18 years. Charlie Poulin of Pomerleau represented the landlord.

Steve Donahue and John J. Rao III of Pomerleau Real Estate were the listing agents and Ed Helmer of Pomerleau represented the tenant on the leasing of 1,901 square feet of space at Maple Tree Place in Williston to Quiznos Sub Shop. This is the first Quiznos to open in Vermont.

John J. Rao III and Steve Donahue of Pomerleau Real Estate were the listing agents on the leasing of 9,193 square feet of retail space at Maple Tree Place in Williston to iParty. Phil Kling represented the tenant.

Stephen & Burns Salon and Spa signed a 10-year lease on 3,500 square feet of retail space at 114-116 Church St. in Burlington. Bill Kiendl of V/T Commercial represented the landlord, Grand View Farms Inc.; Jeff Nick of J.L. Davis represented the tenant.

Ownership of the John A. Russell Corp. of Rutland, doing business as Russell Construction Services and Russell Industrial Services, was transferred to the third generation. John A. Russell III and his wife, Heike, have bought the company from his parents, John and Martha Russell.

Mansfield Heliflight bought a 22,500-square-foot industrial building on 6.45 acres at 159 Catamount Drive in Milton from Relax R Corp. Bill Kiendl of V/T Commercial represented the landlord; Jeff Nick of J.L. Davis represented the tenant.

Casey Family Services has leased 10,500 square feet of office space at 46-50 Main St., Winooski. Jim Casey, the founder of UPS, helped start the nonprofit child welfare agency. Jed Dousevicz of V/T Commercial represented the landlord, Water Power LLC, and Steve Donohue of Pomerleau Real Estate represented tenant. Construction is under way, with plans to open in November.

June

Woodcock & Thrush Holdings LLC, d/b/a Closet Crafters and The Invisible Fence, have purchased a 2,100-square-foot industrial condominium at 446 Shunpike Road, Williston, from G.W. Savage Corp. Closet Crafters and The Invisible Fence have relocated their showroom, offices and warehouse to the facility. Rick Harrison and Jeff Nick of J.L. Davis Realty were the listing and selling brokers.

Tim Burke of David G. White & Associates Inc. of Burlington was the leasing broker for the leasing of 37,000 square feet in the former A&P Shopping Center in Essex Junction to Big Lots. It is Big Lots' second Vermont store. It will open in the fall. The space previously housed an A&P Supermarket and a Kinney Drug store. Kinney has relocated to a prototype store next to the shopping center. Steve Reid of Brookfield Development was the listing broker.

TTI, an international distributor of process control instruments in Williston, has acquired FloCat, formerly of Racine, Wis. FloCat is an online catalog and e-commerce site that carries a variety of industrial flow meters. TTI employs 18 people at its facility on Leroy Road.

The Capitol City Laundromat in Montpelier was sold to Denise and Carmen Palmer of Williston by Ed and Chanita Krinsky. Tony Blake of V/T Commercial assisted both parties.

David and Jessica Ackerman bought a 5,400-square-foot commercial property at the corner of Main and South Champlain streets in Burlington from Nicholas and Olga Schieldrop. It will be completely redeveloped. Bill Kiendl and Jed Dousevicz of V/T Commercial assisted both parties.

Eric Farrell and Elizabeth Dilley of Redstone represented Clark w. Hinsdale III in the sale of 13.1 acres in Kingsland Farms development in Charlotte to David and Patricia Lagerstedt.

Robert Fuller, owner of Leunig's Bistro, purchased a 7,650-square-foot multi-tenant commercial building at the corner of Church and College streets in Burlington. The historic building is a landmark property consisting of 3,000 square feet of retail space, including Leunig's Bistro and the former Abrams Camera Shop, and 4,650 square feet of office space on the second and third floors. Bill Kiendl of V/T Commercial assisted with the transaction and worked as a consultant for the buyer.

John Stimets of CBI was the listing broker working with buyer and seller in the sale of the Sears Independent Dealership in St. Johnsbury to Joe Phelps, president of Abgal Inc., from Sherm Laughton, president of SRC Inc. Phelps also owns the Sears Dealership in Morrisville.

Tony Blake of V/T Commercial represented Northeastern Family Institute in the leasing of 8,800 square feet at 30 Airport Road, South Burlington. NFI-Vermont will relocate its administrative offices and some of its counseling programs from its Williston location to the building. Michael Simoneau of Hickok & Boardman Commercial Realty represented the landlord, Chase Properties.

Linda I. Letourneau of Redstone was the listing broker representing 10&2 Trust in the leasing of an office at 174 Battery St. in Burlington to the Isaiah 61 Foundation. Jed Dousevicz of V/T commercial was the leasing broker.

May

Doug Nedde of Redstone was the listing and leasing broker representing Catamount East Development Co. in the leasing of 4,000 square feet of warehouse and office space at 948 Hercules Drive, Unit 3, Colchester, to Ed Harrison of American Carpet Inc. Eva P. Skinner of Redstone assisted in the transaction.

Elizabeth Dilley of Redstone was the listing broker and Duncan S. Harris of Redstone was the leasing broker representing Blueprints Properties LLC in the leasing of 1,108 square feet of retail/office space at 89 Roosevelt Highway, Colchester, to Dominion Tech.

Linda I. Letourneau of Redstone was the listing broker representing owners Douglas and Priscilla Cheeseman, and Tom Raub of Hickok & Boardman Realty was the leasing broker representing Yellow Birch Investments LLC in the leasing of 950 square feet of office space at 181 South Union St., Burlington.

The Vermont College of Cosmetology Inc. has leased from Allen Brook Development Inc. a 6,166-square-foot retail, office and classroom space at 400 Cornerstone Drive, Suites 140 and 220, Taft Farms Village Center in Williston. The school, which was recently sold, is being relocated. A June occupancy is planned. Rick Harrison, NAI/J.L. Davis Realty represented the landlord and Jed Dousevicz, V/T Commercial, represented the tenant.

Chittenden Corp. announced plans to purchase National Pension Service Inc. of Burlington. NPS, founded in 1976, is a retirement plan services provider with approximately 400 clients throughout the New England and northern mid-Atlantic regions. The company will continue to operate as an independent business with Chittenden.

Blueprints Properties LLC recently closed on the sale of a 17,000-square-foot retail/commercial complex in Colchester known as Centre 16. Elizabeth Dilley of Redstone represented the seller.

Tim Burke of David G. White & Associates Inc. of Burlington announced the signing of a lease with T.J. Maxx for 26,000 square feet in the Highgate Commons shopping center in St. Albans. Burke was the listing and leasing broker for the transaction. T.J. Maxx will open its store in the fall in a portion of the former Ames space.

Tony Blake of V/T Commercial, exclusive tenant representative for the U.S. Army Corps of Engineers, leased 528 square feet of office space to the U.S. government for the U.S. Army Medical Recruitment Office at 100 Dorset St., South Burlington. Judge Companies is the landlord. Blake assisted both parties.

Doug Nedde of Redstone was listing and leasing broker representing Catamount East Development Co. in the lease of 1,980 square feet of warehouse and office space at 15 Tigan St., Winooski, to Hussmann-New England. Eva P. Skinner of Redstone represented the seller.

The Chopstick House has leased approximately 2,200 square feet of space at 24-26 Main St., Winooski, for a restaurant. Jed Dousevicz of V/T Commercial represented the landlord, and Rick Harrison of J.L. Davis Realty represented the tenant.

LNP Inc. has purchased a 6,560-square-foot industrial building on 3.7 acres at 378 Commerce St. in Williston. Rick Harrison of NAI/J.L. DAVIS REALTY represented the buyer and Redstone Commercial Group represented the seller, Jeffords Properties.

Doug Nedde of Redstone was the listing broker representing Catamount/College LLC, and Duncan S. Harris of Redstone was the leasing broker in the leasing of 2,688 square feet of retail space at 210 College St. in Burlington to Will and Linda Vinci of the North Face Store.

Fusion Management Group, an area manager for models in northwestern Vermont, leased 450 square feet at 3 Church St. in Burlington from Davis Companies. Jed Dousevicz of V/T commercial assisted the tenant, and Hillary Boardman of J.L. Davis Realty represented the landlord.

Silver Bow Communications Inc. has bought a 7,000-square-foot commercial building at 372 Dorset St. in South Burlington. Rick Harrison and Jeff Nick of NAI/J.L. Davis Realty represented the seller, Nigel Mucklow.

Linda I. Letourneau of Redstone was the listing broker representing 10&2 Trust, and Jed Dousevicz of V/T commercial was the leasing broker in the leasing of 230 square feet at 174 Battery St. in Burlington to Philip Zaldatte.

Swings & Things Inc. d/b/a Rainbow Direct has leased a 2,400-square-foot retail space at 35 Zephyr Road in Williston from Guy Williston Holdings LLC. Rick Harrison of NAI/J.L. Davis Realty, represented the landlord.

Hitachi Global Services has leased 1,300 square feet at 72 Helena Drive in Williston. The California-based technology company was represented by Tony Blake of V/T Commercial. Greg Dirmaier of J.L. Davis Realty represented the landlord, 4 Helena Drive Associates.

The Jamieson Insurance Agency Inc. announced that Jon Jamieson, the son of the founder, Dick Jamieson, has taken over the business. Dick Jamieson founded the agency in 1977 and has served as president since then. He will continue as vice president for business development to ensure continuity.

Jean Ward, d/b/a Scrapbook Central, has leased a 4,100-square-foot retail space at 204 Cornerstone Drive, Taft Farms Village Center, Williston, from Allen Brook Development Inc. Rick Harrison, NAI/J.L. Davis Realty, represented the landlord.

Colorlab Cosmetics Inc. has leased an 11,400-square-foot manufacturing, warehouse and office space at 110 Pioneer Drive in Williston from LNP Inc. Rick Harrison of NAI/J.L. Davis Realty represented the landlord, and Esther Lotz of HighPoint Realty represented the tenant.

April

Rich Feeley of Feeley Commercial Real Estate represented Mike Holwood, owner of The 4x4 Center, in the purchase of a 6,000-square-foot building at 63 Ethan Allen Drive, South Burlington. Holwood will relocate his business upon completion of renovations. Esther Lotz represented the seller, Rene Berard.

Linda I. Letourneau of Redstone was the listing agent representing Evan MacEwan in the sale of a 6,794-square-foot medical office building and land at 184 U.S. 7 in Milton to Kathy Bradley and Julia Winters, owners of Excel Physical Therapy. The new owners plan to renovate the building and open a PT office. Marilyn Brant Lagrow of Lang Associates represented the buyers.

Kim Borsavage of Williston has bought The Lang House bed and breakfast on Main Street in Burlington from Bobbe Maynes and Beverly Watson. Borsavage has hired her sister Patsy Redalieu as assistant innkeeper for the 11-room property. Borsavage's daughter, Julia Owen, shares chef duties; her son Jack handles maintenance; and her son Carter, a ninth-grader at Burlington High School, helps with yard duties and handles recycling. Staff members will stay on.

Edward Ames bought a four-unit apartment building from the estate of Reginald Godin at 81-83 Monroe St., Burlington. Rich Feeley of Feeley Commercial Real Estate represented the buyer, and Tony Lafayette of Lafayette Real Estate represented the seller.

The Marshfield Village Store on U.S. 2 in Marshfield was sold by longtime owners Evan and Jeanne Bernek to SVS Green Mountain LLC and Steven Stallsmith. The building has housed a country store since 1852 and is considered to be one of the oldest in the nation. Charlie Poulin of Pomerleau Business Services was the broker.

Micropack Bottled Water, with headquarters in Natick, Mass., bought the assets of Vermont Pure Springs Inc., a division of Vermont Pure Holdings Ltd. Micropack acquired Vermont Pure Springs' bottling facility and spring sources in Randolph and will immediately assume responsibility to serve Vermont Pure's private label retail customers. Micropack also acquired the Hidden Spring trademark and will continue to market spring water in single-serve packages under the Vermont Pure brand name. Vermont Pure will continue to market its office and home delivery water products.

Doug Nedde of Redstone was the listing and leasing broker representing Ed Harrison of American Carpet Inc. and Cedric Demerit in the leasing of 4,000 square feet of warehouse space at 948 Hercules Drive, Unit 3, Colchester. Eva P. Skinner of Redstone assisted in the transaction.

Linda I. Letourneau of Redstone was the listing and leasing broker representing Court Street Associates in the leasing of 3,300 square feet of Class A office space at 275 College St., Burlington, to MSKVT PLC.

Tim Burke of David G. White & Associates Inc. of Burlington represented the landlord in the leasing of 2,200 square feet to Showtime Video in Shelburne Bay Plaza. Hillary Boardman of J.L. Davis Realty represented the tenant.

Linda I. Letourneau of Redstone was the leasing broker and Greg Dirmaier of J.L. Davis Realty was the listing broker in the lease transaction of 1,940 square feet of office space at 188 Allen Brook Lane in Williston to Susan Legacy, M.D.

Duncan S. Harris of Redstone was the leasing broker representing Megan Hill in the leasing of 1,295 square feet at 205 Cornerstone Drive in Williston. Rick Harrison of J.L. Davis Realty was the listing broker representing Allenbrook Development.

Duncan S. Harris of Redstone was the listing and leasing broker representing Star Mill Partners in leasing 1,188 square feet of retail space in the Star Mill Building at 5 Park St., Middlebury, to Bethany Barry.

LNP Inc. purchased the 6,560-square-foot building on 3.68 acres at 378 Commerce St., Williston, from Jeffords Properties for $678,000. The size of the property may allow for up to an additional 82,000 square feet of improvements. Duncan S. Harris of Redstone represented the seller; J.L. Davis Realty represented the buyer.

March

Isabean children's clothing store has signed a lease to open a new business at Maple Tree Place in Williston. The 1,000-square-foot business, to be located in the theater complex, is scheduled to open in the spring. Jed Dousevicz of V/T Commercial represented the tenant, and John J. Rao III of Pomerleau Real Estate represented the landlord, Starwood Ceruzzi.

Velocity Business Publishing Inc. of Middlebury has sold its premier product line, the Agile Manager Series, to Thomson Business and Professional Publishing of Cincinnati, Ohio. Velocity's president, Jeff Olson, founded the company with fellow Addison County residents Dave Folino and Guy Kimball in 1997. By Dec. 31, 2003, the company had sold more than 200,000 of its 23 core management books in the Agile Manager Series. The agreement allows Velocity to continue selling books through direct marketing channels, including its Web site, through 2004. Velocity plans a new line of books by the end of the year.

Propeller Media Works

Burlington interactive agencies Propeller Media Works and Scully Interactive have joined forces. The new Web-development firm retains the name Propeller Media Works LLC. Propeller's space at 208 Flynn Ave., Studio 21, Burlington, has been doubled in size. All staff members continue, making 10 full-time employees. Propeller's principals are David Gibson (right) and Russ Scully.

Doug Nedde of Redstone was the listing and selling broker representing Thomas Booska of Pool World in the sale of a 1,888-square-foot commercial condominium at 37 Susie Wilson Road, Unit 1, Essex Junction, to Jeff and Claudine Williams of Marketplace Insurance Center.

Eric Farrell and Elizabeth Dilley of Redstone represented Christine Farrell in the purchase of a residential-commercial building at 74 N. Main St., St. Albans. Phil Gerbode of Coldwell Bank Poquette & Bruley Inc. represented the owners, Gregory J. and Christopher M. Costes.

Mark and Sandra Grenier sold the Surf & Sirloin Restaurant in St. Johnsbury to Calvin and Alisa Belknap of Whitefield, N.H. John Stimets, a Certified Business Intermediary in the CBI (Country Business Inc.) Burlington office, represented the sellers. Chef Calvin was the executive chef and director of food and beverage at the Mount Washington Hotel & Resort in Bretton Woods, N.H. An award-winning chef, he was named one of the top 100 chefs in the United States, participated on the U.S. Culinary Olympic Team and appeared on the Food Network with Al Roker.

Linda I. Letourneau of Redstone was listing and leasing broker representing Court Street Associates in the leasing of 3,300 square feet of office space at 275 College St., Burlington, to MSKVT PLC.

Steve Donahue of Pomerleau Real Estate was the listing and leasing agent in the lease of a 2,490-square-foot retail suite at 84 Pearl St., Burlington, to Vermont Development Credit Union.

Tony Blake of V/T Commercial announced that the American Cancer Society signed a lease for 8,987 square feet at the Offices at Maple Tree Place in Williston. Upon completion of the Vermont headquarters, ACS will relocate from its South Burlington home. Blake represented the landlord, Starwood Ceruzzi, and Michael Simoneau of Hickok & Boardman Commercial Realty represented the tenant.

February

River Road Holdings LLC announced the addition of a new title to its family of regional niche periodicals: Vermont Sports Today (circulation 10,400), a monthly publication for individuals with a hunger for outdoor sports, recreation and physical fitness. Editorial and advertising offices will remain in Waterbury. The former owner, publisher and editor, Kate Carter, will remain as managing editor. Advertising sales for the magazine will continue to be handled by Ellie Tobin. Production and operations for the magazine will be relocated to River Road Holdings' headquarters in Hanover, N.H. Chris Blau is president and publisher at River Road Holdings, which also publishes The Upper Valley Parents' Paper, The Quechee Times and The Norwich Times.

Gallagher, Flynn and Co., LLP, of Burlington and Pierson & Associates, PLLC, of Hanover, N.H., announced the merger of the regional CPA firms. Gallagher, Flynn is Vermont's largest and northern New England's second-largest independent CPA and business consulting firm. Jay Pierson, founder of Pierson & Associates, will be partner-in-charge of the Gallagher, Flynn Hanover office at the former Pierson & Associates address, 45 Lyme Road. Gallagher, Flynn's co-managing partners are Greg Bourgea and Mike Keller.

John J. Rao III and Steve Donahue of Pomerleau Real Estate were the listing and leasing brokers on the leasing of 1,600 square feet of retail space at Maple Tree Place in Williston to Glamour Nails.

Duncan S. Harris of Redstone was the listing and leasing broker representing Top Notch Properties in the leasing of 6,200 square feet of warehouse space at 80 Commercial Drive in Waterbury to Will Forrest of The Sweet Spot, an indoor batting cage and golf facility.

Jed Dousevicz of V/T Commercial announced the lease of approximately 900 square feet of space at the corner of North Winooski Avenue and North Street in Burlington to the Soul Shack. The space will be fit-up for a neighborhood take-out restaurant. Dousevicz assisted the landlord, Red Door Holdings and the tenant.

John J. Rao III and Steve Donahue of Pomerleau Real Estate were the listing and leasing brokers on the leasing of a retail suite at Maple Tree Place in Williston to @Wireless, a franchisee of Verizon.

Doug Nedde of Redstone was the listing and leasing broker representing Hallam Associates in the leasing of 3,620 square feet of office space at 20 Joy Drive in South Burlington to Cambridge Alliance.

DesLauriers & Co. leased 1,500 square feet at 1 Church St., Burlington, from One Church Street Partnership. Chuck DesLauriers, the company's principal, is a hotel developer. The new offices will be headquarters for a Burlington development he is working on. Jed Dousevicz of V/T Commercial represented DesLauriers, and Mike Simoneau of Hickok & Boardman Commercial Realty represented the landlord.

Steve Donahue and John J. Rao III of Pomerleau Real Estate were the listing and leasing brokers on the leasing of 48,000 square feet of retail space at Burlington Shopping Center to Ashley Furniture.

Linda I. Letourneau of Redstone was the leasing and listing broker representing REM Development Co. in the leasing of 4,000 square feet of warehouse and office space at 296 Avenue D, Suite 30, Williston, to AJ Mechanical.

John J. Rao III and Steve Donahue of Pomerleau Real Estate were the listing brokers on the lease of 9,193 square feet of retail space at Maple Tree Place in Williston to 1 Party. A spring opening is planned.

Yandow Dousevicz Construction has relocated its offices to 56 West Twin Oaks, South Burlington. The 1,250-square-foot office suite is owned by One Twin Oaks Associates. Jed Dousevicz of V/T Commercial assisted the landlord and the tenant in the transaction.

Robert Marlowe of Pomerleau Real Estate was the listing and leasing broker on the leasing of 4,000 square feet of industrial space at 35 San Remo Drive, South Burlington, by David and Janet Desarno to Rodney Mayo for the purpose of auto uses.

Tony Blake of V/T Commercial leased 2,560 square feet of office space to the Laborers' International Union of North America at 600 Blair Park, Williston, for its Vermont headquarters. Blake assisted the landlord, Bredon Realty Corp., and the tenant in the transaction.

January

Henninge Inc. recently purchased the building where its office resides at 5 Lawson Lane in Burlington. The circa 1890 building is referred to as "The Powerhouse," because of its prominent smoke stacks, unique in the Burlington skyline. Henninge Inc. is a Burlington industrial design company. www.henninge.com.

Tim Burke of David G. White & Associates Inc. announced that Synergy Software Technologies has leased 4,300 square feet in the former A&P Shopping Center in Essex Junction. Burke was the leasing broker, and Steve Reid of Brookfield Development Co., the broker/manager for Hannaford Bros. Co., which owns the property, was the listing broker.

Roe Educational Enterprises, doing business as the Blair Park Children's Center, has leased 3,967 square feet on the top floor of the building known as the Superstore at Taft Corners. Tony Blake of V/T Commercial assisted both parties in the transaction.

Steve Donahue of Pomerleau Real Estate represented the owners of 101 Main St., Burlington, in the leasing of several office spaces. The building's tenants include Palmer Snowboards, Robert Farrington Photography, Vermont Sky Network, Basha Enterprises, Baggot Entertainment, Sand Etc., Four Brothers Inc.
T-Shirts, Green Mountain Capital and Veat Net Web Hosting and Solutions.

Linda I. Letourneau of Redstone was the leasing broker representing Pampered Pet in the transaction of 570 square feet of service space at 75 Hegeman Ave., Colchester. The listing broker was Charlie Poulin of Pomerleau Real Estate.

Tim Burke of David G. White & Associates Inc. announced the long-term ground lease of the former Pacific View Motel property on U.S. 7 in Burlington. Burke represented the tenant, Northfield Savings Bank, in the transaction; David White secured the necessary permits. The branch is scheduled to open in January.

Jed Dousevicz of V/T Commercial announced that NetHarmonix leased 4,400 square feet of office space at 30 Main St., Burlington, from Investors Corp. of Vermont, where NetHarmonix, a national software and computer technology developer, will establish its headquarters. Dousevicz assisted both parties.

Mackenzie Architects PC has leased office space at suites 108 and 109, One Steele St., Burlington. Linda I. Letourneau of Redstone was the listing and leasing broker representing Main Street Landing Co.

John J. Rao III and Steve Donahue of Pomerleau Real Estate were the listing brokers representing the owner on the lease transaction of retail space at Maple Tree Place in Williston to Starbuck's. Jeff Nick of J.L. Davis Realty represented the tenant.

Doug Nedde of Redstone was the listing broker representing Tom Booska of Pool World, and Duncan S. Harris of Redstone was the leasing broker in the lease transaction of 3,000 square feet of retail space at 5649 Williston Road, Williston, to Far East Health Spa.

Duncan S. Harris of Redstone was the listing and leasing broker representing Vennor Group LLC, the property managers, in the lease transaction of 1,250 square feet of office space at 312 Commerce St., Williston, to Ronco Communications and Electronics.

Walt and Beverly Companion leased 1,930 square feet at 476 Main St., Winooski, to Greer's House of Dry-cleaning. The Greers plan to open a coin-operated laundry and drop-off and pickup for dry-cleaning services. Bob Edwards of Hickok & Boardman Commercial Realty represented the Companions. Jed Dousevicz of V/T Commercial represented the Greers.

After eight years, Renee Reiner and Mike DeSanto, owners of The Book Rack & Children's Pages, are moving on. The 22-year-old independent bookstore at the Essex Outlets & Cinema has been bought by longtime staff members Elaine Sopchak and her husband, Stephen. The Sopchaks plan to introduce new items to the merchandise, including children's music and videos, additional greeting cards and more products and gifts for babies.

Mike Rainville, owner and president of Maple Landmark, announced the acquisition of the Educational Birthday Card line from Hampton Direct of Essex Junction. The cards are designed for children ages 3 to 10. Each card has 48 pages of specially designed, age-appropriate activities. The cards compare in price to traditional birthday cards and come with envelopes for easy mailing.

LNP Inc. has purchased a 24,000-square-foot industrial building on 2.15 acres at 121 Commerce St. in Williston from Robert Wessner and the Estate of Joseph Peeters. Rick Harrison of J.L. Davis Realty represented LNP in the purchase; Dave Kelly of HighPoint Realty was the listing agent. Wallboard Supply Co. LLC has entered into a lease agreement with LNP for the occupancy of the building. Wallboard is a supplier of drywall supplies, acoustical materials, firestop materials, insulation materials, framing systems and treated lumber. The company is based in Londonderry, N.H. This will be its first facility in the greater Burlington area. Rick Harrison of J.L. Davis Realty represented LNP; Hillary Boardman of J.L. Davis Realty assisted Wallboard Supply.

Steve Donahue of Pomerleau Real Estate represented the landlord in the leasing of the former Capelli's Bank Street retail space to Dobra US, a chain of tearooms.

John J. Rao III and Steve Donahue of Pomerleau Real Estate were the listing brokers on the lease transaction of a retail suite at Maple Tree Place in Williston to H&R Block. Jeff Nick of J.L. Davis Realty represented the tenant.

John J. Rao III and Steve Donahue of Pomerleau Real Estate were the listing and leasing brokers on the lease transaction of retail space at Maple Tree Place in Williston to Maple Leaf Salon.

Eric Farrell and Elizabeth Dilley of Redstone were the listing and selling brokers representing the Estate of Marietta J. Palmer in the sale of 24.4 acres of land on U.S. 7 in Charlotte to Clark W. Hinsdale III.

Duncan S. Harris of Redstone was the listing and leasing broker representing Vennor Group LLC in the lease of 2,250 square feet of office space at 312 Commerce St. in Williston to Diamond Triumph Auto Glass.

Larry Williams of Redstone was the listing broker representing Larry Williams Sr., and Doug Nedde of Redstone was the leasing broker in the lease of approximately 1,535 square feet of warehouse space to Nova Natural Toys & Crafts LLC at 140 Webster Road, Shelburne. Eva P. Skinner of Redstone assisted in the transaction.

Tony Blake of V/T Commercial leased approximately 3,286 square feet at 33 Blair Park in Williston to Infineon. Infineon is expanding its Williston offices, and the Blair Park property will provide temporary expansion space until its new Hillside East facility is completed. Blake represented the tenant, and Greg Dirmaier of J.L. Davis Realty represented the landlord.

Maurice Brown purchased Hovencamp's Fitness Consulting in South Burlington and has changed the name to Your Personal Best. Brown was the head trainer at Hovencamp's for four years. He is certified with the American Council on Exercise and the International Fitness Professionals Association. 4050 Williston Road, Suite 132, South Burlington. 658-1616.

The Biltmore Grill Restaurant at 115-119 St. Paul St. in Burlington (formerly Carbur's Restaurant) has been sold to Wind Dog Beer Co. Inc. The sale included a 6,l40-square-foot commercial property fully licensed for a 200-seat restaurant; all furnishings, fixtures and equipment associated with the restaurant. The new owners plan to renovate the property and re-open as American Flatbread Pizza, whose parent company is in Waitsfield, with other locations in Middlebury; Portland, Maine; Amesbury, Mass.; and North Conway, N.H. Bill Kiendl of V/T Commercial Real Estate assisted both buyer and seller, Gresham Properties Inc., in the transaction.

Fibonacci's Pizzeria in the Shelburne Shopping Park was sold to Bill Maglaris. Maglaris plans to make changes to the popular dining establishment. Tony Blake of V/T Commercial represented the sellers, Mark and Carrie MacKillop, and assisted both parties with the transaction.

The McKernon Group has purchased two large commercial structures in the old Brandon Training School now known as Park Village. The two buildings are the training school's old infirmary and hospital, which are 30,000 square feet and 50,000 square feet respectively. The buildings will be renovated to suit the needs of new tenants or owners.