431 Pine St. Burlington, VT

Redstone Portfolio

45,000 SF


The project involved the rehabilitation of a vacant factory building known as the 'Maltex' building. The project created 45,000 SF of office and industrial space in the first incubator building in Burlington. The total project was financed through an Industrial Revenue Bond, Urban Development Action Grant, and a limited partnership syndication. The property was 100% leased during the first year of operation.