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4th Qtr 2020 - Newsletter

January 05, 2021

                                                                                                                                                                         4th Quarter 2020

 

Good Bye 2020, Welcome 2021
Team Judson Editorial:

We have seen a lot over our 32 years of business and 2020 was like none other.  We were happy to conclude another successful year at Judson and Associates, s.c. despite the pandemic!  The market in 2020 was full of ups and downs that tested the creativity and perseverance of our Team.  With that said, our Team faced the challenges head-on and ended  2020 on a high note with spurring activity coming into the new year! 

The SE Wisconsin industrial market is still showing signs of strength in comparison to the office and retail markets. In addition, property values are at an all time high and are stable, which means that companies are still in need of additional space for their operations. The industrial market overview for SE Wisconsin shows an overall 4.2% vacancy rate with the lowest vacancy coming from manufacturing and the highest coming from spaces having heavy office concentrations. The Office market vacancy rate is 15.1% with much being allocated to multi-tenant properties.

We have been blessed with great clients throughout the year who continue to see our value as commercial real estate experts.  The best part of our job is helping to aide in the continued success of our clients in both their businesses and investments.  Our Team is the epitome of a quote from Gregory Peck, "Tough times don't last. Tough people do."

May 2021 bring you good health, happiness and prosperity!

-Matt Judson, Vice President Sales

Introducing our newest team member:

Samantha Parent!

Samantha will assist J&A Property Management Services as a Portfolio Manager. 

Click here or on her photo to learn more about Samantha.

                                                                  

  Pristine 20,000 SF Downtown Milwaukee Office Space Available FOR LEASE!

                                        648 N. Plankinton Ave, Suite 425

        

Click the photo to enjoy a virtual tour!

 

                             Below are the Quarterly Office and Industrial Reports for our Greater Milwaukee Area:

                                                                  

Badger Supply Finds A New Home

A three year search to find the perfect spot for Badger Supply's new location has come to an end with the assistance of Matt Judson with Judson & Associates, s.c.!  They will be moving from their long time Hartland location to W229 N2450 Homewood Court in Pewaukee.  The new spot gives Bader Supply an additional 2 acres and 10,000 SF of space for growth.  It also provides the ability to add a rail line in the future. Congratulations to all involved!

Wisconsin Location For Sun Badger Solar

Sun Badger Solar used Matt Judson to find their new Wisconsin location. Sun Badger Solar provides residential and commercial clients with installation of solar panels to reduce electric bills and provides a sustainable alternative solution. This will be their main headquarters in the Wisconsin market as they continuously grow their footprint!

4th Location For Tender Car Care

Petrie Property LLC d/b/a Tender Car Care leased out 5,800 SF at 323 W Sunset Drive in Waukesha. This will be their fourth location in Southeastern Wisconsin.  Cole Russell and all of us at Judson and Associates, s.c. wish you great success on Sunset Drive.

Lakeshore Burial Vault Moves To Lannon

Lakeshore Burial Vault had been looking for many years to relocate out of their Brookfield location. Mark Gorski connected with Lakeshore and learned about the business's challenge in finding a new location. Lakeshore's use requires a heavy industrial zoning that would allow for significant outdoor storage. After understanding this unique requirement, Mark used his knowledge of the local communities to find the perfect location at 21319 West Good Hope Road in Lannon; a community with a strong mining base that would welcome Lakeshore's business. We are excited to see the property transform as Lakeshore plans to make significant upgrades to the facility this fall.  We wish Hubert and his team at Lakeshore good luck with the project!

 

 

           

2211 Badger Court, Waukesha

9,000 SF Industrial/Warehouse Building

6,000 SF space available for owner/user

Trench Drains

Sale Price: $720,000   Accepted Offer!

 

N28 W23050 Roundy Dr, Suite 203, Pewaukee

1,547 SF Commercial Office Condominium

End-Cap Unit

Multiple Private Offices

Sale Price: $165,000

2.235 Acres, Nancys Court/Hwy F, Pewaukee

2.235 Acres of Commercial Land

Zoning: B-6 Mixed Use Business District

Water/Sewer: Municipal

Sale Price: $425,000                       

N47 W28229 Lynndale Road, Delafield

19,800 SF on 19.895 Acres

Visible from Hwy 16

Zoning: Industrial

Sale Price: $2,200,000

Lease Rate: $10,000/Month Gross

7026 N Teutonia Avenue, Milwaukee

2 Warehouse Buildings Totaling 42,744 SF

2.32 Acres

6 - 10'x10' Dock Doors

3 Drive In Doors

Sale Price: $875,000

925 Walnut Ridge Road, Hartland

Multiple Office Suites for Lease

Suites Sizes From 1,960 SF to 15,437 SF

Customizable Open Floor Plan

Quality Finishes

Lease Rate: $16.50 PSF Gross

5073 N. 125th Street, Butler

4,000 SF Industrial/Warehouse Space

1 - 12'x12' Drive-in Door

Zoning: M-1 Industrial District

Lighting: LED and Fluorescent 

Lease Rate: $2,050/Month Modified Gross

227 Sussex Street, Pewaukee

2 lots available for a total of 13.92 Acres

Lease: Build to Suit up to 40,000 SF Industrial Space

Sale Price: $395,000-$545,000

Lease Rate: TBD            

7900 W Burleigh Street, Milwaukee

4,290 SF Office/Retail Building

Divisible (628 SF up to 4,290 SF) for Lease

Features an ADA Compliant Restroom

Sale Price: $425,000

Lease Rate: $12.00 PSF NNN

165 Bishops Way, Brookfield

Remodeled Office Building on 3.53 Serene Acres

Multiple Office Suites Available

Various sizes from 712 SF - 13,563 SF

Lease Rate: $14.00 - $16.00 PSF Gross

21124 W Good Hope Road, Lannon

4,356 SF Available

Warehouse with potential office space of 1,347 SF

Lease Rate: $2,600.00/Month +Utilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Enjoy this Delicious Recipe:  

                                                                                                                                                                                                                                                                                                                                    Source: Brown Eyed Baker

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