Q4 2022 Newsletter

A Strong 2022 and Pursuit for Greatness in 2023

We finished the end of 2022 with continued brisk activity and great Team success. The Team worked hard and stayed persistent in order to uncover off-market deals to satisfy our customer’s needs and win over the ongoing lack of supply We experienced growth in investment sales, industrial sales and leasing as well as office leasing. All in All, 2022 was a tremendous year for the entire Judson and Associates, s.c. Team. As we enter 2023 we foresee more challenges with rising interest rates, increased scrutiny in bank underwriting, lack of industrial inventory, high construction costs and a fear of a continued recession. That being said, we have been planning for these challenges for over 6 months and know that with our Team’s continuous pursuit to listen to and solve our customer’s and client’s real estate problems, we are confident we will overcome all obstacles.

Mike Judson, Broker/Owner

Greater Milwaukee Q4 2022 Reports

Industiral Report

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Office Report

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From Judson & Associates, S.C

Staying in Contact Yields Results

At Judson and Associates, s.c. clients are valued.  Checking in with past clients and their commercial real estate goals is something Matt Judson has continued to do since he started in the industry.  Case in point with a recent portfolio sale at 411 Travis Lane and 2121 S West Avenue in Waukesha.  Over many years Matt has enjoyed conversations with the owner of the properties, but during the last check in the owner was ready to entertain to  a quiet sale.  As luck would have it, fellow Judson and Associates agent Will Schlosser had an investor client that was wanting to add to his portfolio!  Bonus was the long-term tenants were able to remain in the premises without major disruptions due to the sale of the buildings. A big win for all involved!

Team Work Nets Better Values

Matt Judson and Cole Russell teamed up with a multi-tenant building owner to come up with a strategy to net the best overall value.  When the property was listed about 75% of the SF was occupied by a month-to-month Tenant who needed to downsize.  Matt and Cole were able to work with the building owner to paint the picture of diversifying the building with a new tenant that encompassed converting office space to warehouse to properly accommodate a prospective user. After completing a lease and one tenant taking on an additional 3,000 SF the month-to-month user “rightsized” and the value of the property significantly increased due to the rents/building improvements/tenant diversity.  Matt and Cole were then able to market the property as an investment opportunity and the property sold at 100% of the asking price!

No Boxes Left Unchecked

Luke Russell with Judson & Associates, s.c. was honored to work with United for Waukesha Resiliency Center in finding them a new home.  After their initial round of tours, they singled in on one property that checked most, but not all, of their boxes.  After a slow process of getting quotes and needing to get into a space quickly, they decided to go back to the drawing board to find the right property. During that time, a longtime friend of Judson and Associates, s.c., and property investment group mentioned an office space opportunity that could be coming on the market. This Landlord made quick decisions and responded promptly to all requests and UWRC is now enjoying their new space off of Pewaukee Road in Waukesha where they hope to assist many more people who have been affected by the Waukesha Christmas Parade on 11/21/221.

Exploring All Options

In today’s difficult market to find warehouse space with its historically low 3.3% vacancy rate, it is necessary to open all doors to solve a customer’s problems.  Will Schlosser took the challenge head on and identified a great option just outside the customers requested territory and it was a match.  Congratulations to Vorteq Coil in finding your new company headquarters.

New Properties For Sale or Lease

Judson & Associates is excited to Announce

12600 W Burleigh Road, Brookfield

5,210 SF Multi-Use Investment Property for Sale

Fully Occupied

Zoning: B2 – Downtown Business District

1.99 Acres 

Lease Rate: $6.50 PSF NNN

Sale Price: Negotiable

151 E Wisconsin Avenue, Pewaukee

5,210 SF Multi-Use Investment Property for Sale

Fully Occupied

Zoning: B2 – Downtown Business District

1.99 Acres 

Sale Price: $1,200,000.00

325 W Sunset Drive, Waukesha

5,800 SF Industrial Building for Sale

Features: Floor Drains, Air Exchange System

Monument Signage

Zoning: B3 – General Business District

Sale Price: $499,000.00

241 N Broadway, Ste. 402, Milwaukee

4,639 SF Available for SubLease

In the Heart of Milwaukee’s Historid Third Ward

Big Windows and High Ceilings

Furniture Negotiable.

Amenity Rich Area.

Lease Rate: $15.00 PSF NNN

8301 N 76th Street, Milwaukee

5,300 SF Stand Alone Retail or Office Space for Lease

Parking: 61 Surface Spaces

Open Concept Area and Two Private Offices

Zoning: CS – Commercial Services    

Lease Rate: $9.00 PSF NNN

10521 W Layton Avenue, Greenfield

2,683 SF Second Floor Office Space for Lease

Monument Signage Available

Just off of Hwy 100 and near the Hale Interchange


Lease Rate: $20.00 PSF Gross

Winter Comfort By the Slice