Vermont Commercial Real Estate

Nedde Real Estate is a full-service real estate firm specializing in acquisitions, development and brokerage of Vermont commercial real estate. Grounded in over 28 years of dedicated experience in these fields, Nedde Real Estate was founded by Doug Nedde. Throughout his career, Nedde managed, acquired and developed over 2 million square feet of property and was an integral part of the acquisition, conception, permitting, building and marketing.

This is an exciting time for Nedde Real Estate, we hope you’ll be a part of it!


Two Burlington Square

Building will be repurposed into a more modern VT headquarters for People United, and energy- efficient, affordable, market rate housing.

BURLINGTON, VT - People's United Bank, N.A., a subsidiary of People's United Financial, Inc. (NASDAQ: PBCT), announced the pending sale of its Two Burlington Square location in Burlington, Vermont to Nedde Real Estate. Built in 1970, the 95,000 square-foot building is located at the corner of Bank and Pine Street, and contains five floors of office space. People’s United Bank will continue to maintain its Vermont headquarters at the location, as well as drive-up banking services, a full-service branch and three floors of offices.

Nedde Real Estate will lead an extensive renovation of the property to ensure it is environmentally efficient and optimized to meet the current and future needs of Burlington, its residents and contribute to the advancement of the local economy.

Nedde Real Estate’s proposed vision would develop a portion of the building into approximately 50 affordable and market-rate apartments to bring much needed housing to the downtown core. Pending completion of design and permitting, the renovation project is expected to break-ground during the spring of 2020.

Battell Block Residences

THE BATTELL BLOCK RESIDENCES are 29 newly renovated loft, one- and two-bedroom apartments located in the heart of Middlebury. The historic Battell Block building has long been a landmark presiding over downtown Middlebury and the Otter Creek. It was originally built with the vision of creating a modern unified downtown. The Battell Block Residences pay homage to the original historic motifs, while providing fresh, modern upscale apartments and convenient downtown living. With apartments overlooking beautiful downtown Middlebury and the dramatic Otter Creek, the Battell Block Residences offer a true taste of Middlebury, both past and present. Learn more at BattellBlock.com.