Check this blog for weekly updates on Commercial Real Estate & Business Opportunities in the Rutland – Killington region and statewide, throughout Vermont.

This Spring, the level of inquiries for commercial and industrial properties for sale or lease have doubled over the same period last year.  However, negotiated sale prices and lease rates have not increased.  Buyers and prospective tenants have expected and are negotiating deals at low historical market prices and rents, (going back 20 years)!

Inventory of properties for sale and available spaces for lease is near an all-time high.  And that inventory includes a significant number of bank-owned foreclosed commercial and industrial properties.  Until that segment of the market is cleared out, prices are likely to remain low.

In short, its still a “Buyer’s Market”, still a “Tenant’s Market”, in Commercial & Industrial Sales and Leasing in Rutland and Killington, and indeed, throughout most of Vermont.  Downtown Burlington may be the strong exception.