Charter Realty Leases 65,000 sq. ft. to Shaw's in Burlington, VT


Greenwich, CT - December 28,  2001  - Greenwich, CT based Charter Realty & Development Corp has leased 65,000 sq. ft. to Shaw's for a new store in Burlington, VT.  Construction will begin shortly in place of a vacant mall and a former Grand Union store.  The property is owned by Acadia Realty Trust and is located at the intersection of I-189 and Route 7 in South Burlington.  the store represents the second Shaw's recently being built in the Burlington Area, the other is located in Williston.  This store will replace a Grand Union of 31,000 sq. ft. that Shaw's took over earlier this year.

Charter has now completed 10 deals with Shaw's throughout the Northeast.  

For more information, please contact Charter Realty & Development Corp., 411 West Putnam Ave., Suite 111, Greenwich, CT  06830, 203-629-3939, or go to chartweb.com.

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