REAL ESTATE NEWS
Q4 2023 Newsletter
From Judson & Associates, S.C
Industrial Properties lands Large Tenant
Exciting News! Matt Judson and Cole Rusell-Judson have successfully leased 178,520 square feet of heavy industrial space for Global Power Components from Landlord, Industrial Properties LLC. Global Power Components was in need of a facility for consistent growth and required abundant power and heavy cranes. The property at 3073 S Chase Avenue in Milwaukee boasts a rich history in industry and provided all of the features Global Power Components required. Both ownership and tenant have heavily invested in the property, which shows in its remarkable transformation. Congratulations to Matt and Cole for their dedication to find the right Tenant for the space and all of us at Judson and Associates, s.c. wish the Tenant grand success in their new space.
New Health and Wellness Center in Oconomowoc
Balance Health and Wellness LLC came to Colleen Geiger of Judson and Associates, s.c. looking for help to find the perfect place to open their new business. After touring several places, they narrowed down to two locations. Beginning negotiations on both spaces, Colleen was able to help guide them through the negotiation process, and they were able to reach an agreement with the location that best fit at 1239 Corporate Center Drive in Oconomowoc. Balance Health and Wellness is excited to start this new venture and even more excited about their new location!
Owner/User Investment with 11,000 SF Available to Lease
W237 N2920 Woodgate Rd, Pewaukee, WI has been successfully sold with Matt Judson and Judson and Associates, s.c. representing the buyer. Spanning 29,358 SF, the Seller ensured continued rental income by leasing back 10,800 SF, the Buyer is utilizing 7,358 SF for their business, and Judson and Associates, s.c. is actively seeking a new Tenant for Suite 100 which is 11,000 SF in size. This strategic transaction, navigated by Matt Judson, highlights the opportunities in Pewaukee’s thriving business landscape.
Patience Pays Off for Horizon Performance Technologies
Cole Russell and Matt Judson worked with Horizon Performance Technologies for over 2 years to find them a new home. Horizon had specific requirements that needed to be met and was in no rush to move, so patience and continued follow up was important. After constant communication about their exact needs over such a long span, Horizon’s exact needs were clear to Cole and Matt. Upon 955 Walnut Ridge Drive in Hartland coming on the market, Cole was able to get Horizon through immediately for a tour. Due to the market and the fit of the building, the buyer made an aggressive quick close offer with a shorted due diligence timeframe. Cole and Matt worked well under pressure and overcame some significant hurdles with the help of the listing agents. In the end, Horizon Performance Technologies was able to acquire a new home that they will be able to grow in! Congratulations to all involved.
PAX Bags Moves Operations to Big Bend
Cole Russell and Jarrod A Murbarager helped secure PAX Bags, a global company, a lease for 9,802 SF in Big Bend, Wisconsin. PAX Bags is a manufacturer of emergency backpacks and other equipment designed for EMS. PAX Bags previously had two smaller spaces, but they now have the whole local operation under one roof. They are excited to expand their local footprint across southeast Wisconsin. This space garnered a great deal of attention, but PAX Bags acted swiftly in order to secure their new space. Both sides to this transaction were sourced in-house by Cole and Jarrod.
Midwest Dirt Fiend
Midwest Dirt Fiend is moving out of the garage and into a great 4,000 SF space at N78 W31400 Kilbourne Road in Merton! After years of building the business it was time to get into a commercial space. Colleen Geiger with Judson and Associates, s.c. was just the person to help Midwest Dirt Fiend find the perfect spot. Working with new ownership of the building, the negotiation process was seamless. Check out Midwest Dirt Fiend for your custom designed and crafted UTV roll cage.
New Properties For Sale or Lease
Judson & Associates is excited to Announce
W360 N8739 Brown Street, Oconomowoc
6,524 SF Former Popular Bar/Restaurant for Sale
Dining Room Seating: Up to 132 Chairs
Bar Area: 12 Table Top Seats and 32 Bar Stools
Potential for a 2nd Floor 2BR/1BA apartment
Sale Price: $995,900
+/- 51 Acres off S. Calhoun Rd & W. Coffee Road, New Berlin
Close proximity to the freeway.
Ideal for diverse business ventures.
Zoning: M-1 Light Manufacturing
Sale Price: $2,200,000
8301 N 76th Street, Milwaukee
37,300 SF Multi-Tenant Industrial Building for Sale
Seller looking to Lease-Back +/- 10,500 SF
+/-21,500 SF Available for Owner/User
Located in an Opportunity Zone
Possible Railroad Access
Zoning: Commerical Services
Sale Price: $1,950,000
3300 Medalist Drive, Oshkosh
20,000 SF Industrial/Warehouse Space Available for Lease
Significant Upgrades to Building (Rooftop Units, Roof, etc.) under New Ownership
Customizable Space to Meet Your Unique Business Needs
Close to Wittman Regional Airport.
Zoning: HI – Manufacturing
Lease Rate: $6.00-$7.50 PSF NNN
325 Forest Grove Drive, Pewaukee
11,248 SF Investment Flex Building for Sale
Parking: Paved Surface lot with 31 Spaces
Possible Seller Financing Available
Sale Price: $1,500,000
415 W Capitol Drive, Hartland
8,960 SF Specialty Building for Sale
Current Zoning: I (Institutional)
Potential for Re-Zoning
A Few Short Blocks from Hartland’s Main Downtown Area
Sale Price: $680,000
1151 2nd Street, Oconomowoc
7,340 SF of Industrial Space for Lease (Main Building)
Zoning: I – Industrial
Available: March 1, 2024
Drive in Doors: 1-10’x10, 1-8’x10′
3 Phase Power
Lease Rate: $7.50 PSF NNN
2762 S. Moorland Road, New Berlin
+/- .85 Acres of Prime Commercial
Municipal Sewer and Water
Traffic Count: 30,000 Vehicles Per Day (WI DOT)
To Be Sold “AS-IS”
Listing Agent Must Be Present To Walk Property.
Sale Price: Negotiable
W238 N1645 Rockwood Drive, Pewauke
4,000 SF Industrial Space for Lease
Drive In Doors: 2 – 8’x10′
Zoning: B-6 Mixed Use Business District
Power: 120/208 volt, 3 Phase
Lease Rate: $1,835/Month NNN
N17 W24300 Riverwood Dr, Pewaukee
176,960 SF Office Building for Sale
Single User or Multi-Tenancy
3 Floors plus Walk Out Lower Level
Sale Price: Negotiable