4th Quarter 2021 Newsletter
January 01, 2022
4th Quarter 2021
|Team Judson Editorial:|
Below are the Quarterly Office and Industrial Reports for our Greater Milwaukee Area:
First meeting about a year and a half ago, Will Schlosser of Judson and Associates, s.c. was able to assist his client to find a small warehouse space for the client’s secondary business in making masks for himself and fellow cohorts in the dental field. More recently Will was tasked in assisting the Dentist in locating a space to purchase for his dental practice. After searching for an investment property in which there would be an available space for his dental practice for a few months and not finding the right fit it was time to think outside of the box. There was a space for lease in which Will also represented the Ownership and he felt the space would work great for a dental practice, but the client’s goal was to be an owner. In discussing options with building ownership and the buyer/tenant an agreement was made that the dental practice would lease the space while the Doctor would also become a percentage Owner within the building. This was a “win-win” scenario for all parties! Having an open and communicative relationship with clients helps make real estate goals come true. Will and all of us at Judson and Associates, s.c. are extremely happy for all involved in this transaction!
Making Year-End Goals
In early December Matt Judson was tasked by the owners of 204 Wilmont Drive in Waukesha to sell their industrial building by year's end. Knowing the market was low on inventory and working within his pipeline Matt was able to quickly source a Buyer whom was a long term client. Not only was the sale of building closed on December 31st, one of the selling partners was able to agree on a lease to remain in a portion of the property. Quick thinking, knowing the needs of clients and postive relationships with all involved helped get this deal completed smoothly and within the Seller's desired timeframe. Way to go, Matt!
10,460 SF Retail/Mixed Use Building for Sale
Features 2 Upper Level Apartments
Popular Bar/Restaurant on Main Level
Sale Price: $895,000
Approximatley 6.5 Acres
Highly Visible Corner (Hwy 164 & Hwy M)
Zoning: B-6 Mixed-Use Business District
Traffic Count: 23,700 Vehicles Per Day
Sale Price: $1,200,000.00
2,200 SF Office/Retail Space for Lease
Formerly Occupied by a Coffee Shop
Lease Rate: $14.00 PSF + Utilities
2,820 SF Main Level Suite
High End Build Out Suitable for Medical Office.
Includes 5 Treatment Rooms with Sinks.
High Visibility - Just off of I-94/Hwy 83
Traffic Count: 26,900 Vehicles Per Day
Lease Rate:$20.00 PSF Gross
4,320 SF Industrial Space for Lease
Clear Height: 17'
1 Drive In Door
3 Phase Power
Lease Rate: $1,550.00/Month NNN
400 W Sunset Drive, Waukesha
3,120 SF Industrial Building for Sale
Zoning: B-3 General Business Uses
Renovated in 2018
1- 10'x12' Drive In Door
Sale Price: $300,000.00
2,140 SF Retail Space Available
In the Heart of Mukwonago's Growth!
Easy Access to I-43 and Hwy 83