1st Qtr 2021 Newsletter
April 07, 2021
1st Quarter 2021
|Team Judson Editorial:|
Introducing our newest team member:
Liz will assist J&A Property Management Services as a Portfolio Manager.
Click here or on her photo to learn more about Liz.
Single or Multi-Tenant Office Building Available FOR SALE!
Enjoy our latest Video Tour of N17 W24300 Riverwood Drive, Pewaukee
Click the photo to enjoy a virtual tour!
Below are the Quarterly Office and Industrial Reports for our Greater Milwaukee Area:
Long Time Owner - Newer Investor
After a long history of leasing the building at 4568 N 125th St in Butler with Judson and Associates, s.c. our client decided to sell. The team of Mark Gorski and Cole Russell assisted the seller organize his leases and work through his largest tenant. Mike Steiner was able to bring in a Buyer that wanted to move in and implement some new plans for the property. The sale closed and both Buyer and Seller were able to shake hands and move forward with their goals.
Green Bay Packaging Inc. Expands
Green Bay Packaging was in need of additional space for a specific seasonal project. After reviewing options and touring it was determined that they may need more long term space to help with their current growth. Matt Judson was able to identify a great opportunity that will now allow Green Bay Packaging to grow within the greater Milwaukee market. Congratulations!
Land For New Headquarters
Matt Judson assisted Hydro Excavators LLC in finding a parcel of land in Vernon to develop their new SE Wisconsin Headquarters. Hydro Excavators provides excavation services to many municipalities, utility companies and developers when needing an alternative to traditional excavation. It was a pleasure to work with both the Seller and Buyer in this transaction and we are excited to see the new headquarters when built!
Badger Brothers Moving's 2nd Location
Will Schlosser and Mark Gorski of Judson and Associates, s.c. welcome Badger Brothers Moving to their new location in the greater Milwaukee area. After talking with many local agents Bader connected with Will. Will understood their unique parking needs and showing Badger a selection of properties that would fit their requirements. The Westmound Drive, Pewaukee location was chosen due to its easy freeway access and above average parking area. Mark, was able to assist in putting the transaction together by representing the Landlord and keeping his portfolio 100% occupied!
City of Beaver Dam's New DPW Building
A client with whom Judson and Associates, s.c. has had a long term relationship with tasked Matt Judson and Mike Judson with selling his property at 238 Commercial Drive in Beaver Dam. The sale began as an investment opportunity as the 28,954 SF industrial building was leased to a single user tenant. During the COVID pandemic the Tenant's plans changed, which left the owner with an empty building. At the same time, Beaver Dam's DPW was looking for a new location that would meet their needs while being financially responsible. The DPW decided to purchase the building and will be able to add a 51,000 SF addition. A win-win for both the Seller and City of Beaver Dam! Click HERE to read an article about the purchase. The Seller and Judson Team are excited to see the finished product!
S33W23105 & S33W23115 Wynn Drive, Big Bend
14,000 SF Front Building with 5 Drive-in Doors
7,000 SF Rear Building with 3 Drive-in Doors
5,000 SF Industrial Space
2,200 SF Office / 2,800 SF Warehouse
1-12'x14' Drive-in Door
7,274 SF to 20,000 SF Industrial Space Available
Dock Door(s) with Levelers
Clear Height: 18'
Lease Rate: $6.75 PSF NNN
3110 Watford Way, Madison
10,062 SF Industrial Space
1-23'x12' Drive-In Door with External Load Dock Platform
3,000 SF - 15,632 SF Industrial Space Available
Drive-in Doors Available (1-14'x14', 1-12'x14')
Lease Rate: $4.50 - $8.50 PSF NNN
Sale Price: $1,500,000
7,680 SF Industrial/ Space
1 - 8'x8' Dock Door
Power: 240 Volt, 800 Amp, 3 Phase
Lease Rate: $6.50 PSF NNN
1,865 SF - 9,220 SF Office / Retail Suites Available
Exceptional location adjacent to Bluemound Rd
Ample Natural Light Throughout
Lease Rate: $13.00 - $15.00 PSF Gross
Multiple Office Suites Available
Sizes from 606 SF to 5,722 SF
Traffic Count: 28,200 Vehicles Per Day
Lease Rate: $14.25 PSF Gross
29,634 SF Industrial/Office Building
Clear Height: 19'-20'
1 Dock with Leveler / 1-10'x9' Drive-in Door
Sale Price: $2,500,000
Lease Rate: $7.00 PSF NNN
16,636 Industrial/Office Building
Additional 3,500 SF Outbuilding
3.61 Acres - Provides Expansion Possibilities
1 Dock with Platform / 1-10'x10' Drive-in Door
Sale Price: $1,650,000