Written by nereal on February 10, 2017
VT Commercial Real Estate News: Nedde Real Estate Purchases Historic Battell Block in Middlebury
Middlebury, VT – Doug Nedde, Alain Youkel and Fernando Cresta have formed the partnership Battell Block Partners, LLC to purchase the 68,200± square foot historic Battell Block building located at 10 Merchants Row in downtown Middlebury from its previously longstanding owners, Battell, LLC.
The Battell Block currently contains commercial and apartment tenants including Community College of Vermont, Edgewater Gallery, Sabai Sabai, Carol’s Hungry Mind Cafe and Middlebury College’s restaurant 51 Main. Battell Block Partners, LLC intends to redevelop parts of the building.
Nedde Real Estate offers commercial real estate in Middlebury, Vermont and the greater Burlington, VT area. We are a full-service Vermont commercial real estate firm specializing in acquisitions, development and brokerage. Grounded in over 28 years of dedicated experience in these fields, the firm was founded by Doug Nedde. Throughout his career, Nedde managed, acquired and developed over 1.5 million square feet of property and was an integral part of the acquisition, conception, permitting, building, marketing and leasing of over 3 million square feet of development, redevelopment and leasing projects.