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REA
June 19, 2019  

Upside Touted for Vt. Retail Center

Brookfield Asset Management is marketing a grocery-anchored shopping center in Vermont that has an estimated value of $85 million.Maple Tree Place, in Williston, encompasses 500,000 square feet that is 87% occupied. Newmark is representing Toronto-based Brookfield.The pitch is that a buyer could fill the property’s 63,000 sf of vacant space. Such an effort could benefit from strict land-use and development laws in Vermont, which minimize...


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