Acadia Realty Trust Acquires 64-Acre Maple Tree Place Complex In Williston, VT For $77M

Acadia Realty Trust, a New York-based commercial real estate company, has acquired the 64-acre Taft Corners shopping and office space complex, Maple Tree Place, located at 28 Walnut Street in Williston, VT. The property is a retail asset with a total area of 64 acres. The transaction took place on January 11, 2024, with a sale price of $77,000,000.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $77,000,000
• Address: 28 Walnut Street, Williston, VT
• Market: Williston, VT
• Buyer: Kenneth F. Bernstein - Acadia Realty Trust

The buyer in this transaction is Kenneth F. Bernstein, representing Acadia Realty Trust. Acadia Realty Trust is a New York-based commercial real estate company that specializes in acquiring and managing retail properties. With the acquisition of Maple Tree Place, Acadia Realty Trust expands its portfolio with a significant retail complex in Williston.