Knakedodge.com

Q1 2023 Newsletter

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What Does This Mean For Our Industry?

In a nutshell it represents a slowing of the commercial real estate market. However, it is the opinion of the players in the Commercial Real Estate market that a majority of the slowdown will be seen in the overall commercial markets with the exception of industrial buildings. Development of new product will slow and stabilize but existing industrial should remain healthy. Office, of course, still has not rebounded from the COVID overreaction and it is predicted to remain soft. With the continued soft office market, it may be a great time to relocate into a new office setting! Call us to explore your options. Judson and Associates Team Members continue to be aggressive and adapt to market conditions to help customers and clients find the right deal.

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Recent Deals

From Judson & Associates, S.C

Future Redevelopment in Downtown Okauchee

In a nutshell it represents a slowing of the commercial real estate market. However, it is the opinion of the players in the Commercial Real Estate market that a majority of the slowdown will be seen in the overall commercial markets with the exception of industrial buildings. Development of new product will slow and stabilize but existing industrial should remain healthy. Office, of course, still has not rebounded from the COVID overreaction and it is predicted to remain soft. With the continued soft office market, it may be a great time to relocate into a new office setting! Call us to explore your options. Judson and Associates Team Members continue to be aggressive and adapt to market conditions to help customers and clients find the right deal.

New Mukwonago Office For Federated Mutual Insurance

Colleen Geiger executed her first lease with the help of Will Schlosser, when a representative of Federated Mutual Insurance came to her looking for office space. She was able to find a 900 square foot office to fit his needs after only a few short months of sifting through the limited spaces available in Mukwonago. Judson & Associates not only works with local businesses, but we also help national companies too. Thank you to Federated Mutual Insurance for giving us the opportunity to work with them and being able to find their new Mukwonago office!

Future Redevelopment in Downtown Okauchee

In a nutshell it represents a slowing of the commercial real estate market. However, it is the opinion of the players in the Commercial Real Estate market that a majority of the slowdown will be seen in the overall commercial markets with the exception of industrial buildings. Development of new product will slow and stabilize but existing industrial should remain healthy. Office, of course, still has not rebounded from the COVID overreaction and it is predicted to remain soft. With the continued soft office market, it may be a great time to relocate into a new office setting! Call us to explore your options. Judson and Associates Team Members continue to be aggressive and adapt to market conditions to help customers and clients find the right deal.

Agents Working together for the benefit of others

Cole Russell was calling on business owners in the Oconomowoc area and successfully found an interested Seller interested in capitalizing on the investment market regarding sale of his building with the ability to leaseback. Matt Judson successfully secured a Buyer.  Successful negotiations with a Seller leaseback allowed the Buyer to add to his investment portfolio and provided the Seller with funds to invest in new equipment for his company. Congratulations to the Buyer’s and Seller’s new partnership.

Kettle Moraine Counseling Group Expands

Kettle Moraine Counseling is a growing Mental Health Counseling Group that has locations throughout the state of Wisconsin! After meeting Will Schlosser, some detailed communication, and a little time to explore the areas of interest, the right space in the right location was found. Congratulations to Kettle Moraine Counseling Group on their new location at W117 N9856 Rivercrest Drive, Suite 112 in Germantown!

New Properties For Sale or Lease

Judson & Associates is excited to Announce

W359 N5002 Brown Street Oconomowoc

7,180 SF of Retail / Office Space Available

 

Multiple Suites from 774 SF - 3,782 SF in Size

 

Beautiful Window Lined Suites on Two Levels

 

High Visibility off a Heavily Trafficked Road (29,000 VPD)

 

Zoning: B2 - Local Business

Lease Rate: $14.00 – $16.00 PSF NNN

1133 Quail Court, Pewaukee

10,195 SF of Office Space for Lease

 

Suite Sizes Range Between 1,435 SF and 4,665 SF

 

High Visibility Building Along Busy Capitol Drive

 

Large Windows Throughout Brings in an Abundance of Natural Light

Lease Rate: $17.00 RSF + Electric (Modified Gross)

1200 Capitol Drive, Oconomowoc

8,160 SF Multi-Tenant Industrial Property for Sale

 

Great for an Owner-Occupant

 

Drive In Doors: 7 Total (10’x12′)

 

Zoning: Industrial

Sale Price: $819,000

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

15460 W Capitol Drive, Brookfield

20,288 SF Office Building for Sale

 

2 Suites Available for Lease  (1,000 SF and 1,333 SF Suites)

 

Highly Accessible Location off of W Capitol Dr & Pilgrim Rd

 

Traffic Count: 37,000 Vehicles Per Day (WI DOT)

Sale Price: $2,700,000 / Lease Rate: $18.00 PSF Gross

14680 W Greenfield Avenue, Brookfield

8,280 SF Industrial Building for Sale or Lease

 

1,800 SF Office/Showroom and 6,480 SF Warehouse

 

Prime location off of Greenfield Avenue

 

Traffic Count: 29,300 Vehicles Per Day (WI DOT)

 

Drive In Door: 1 – 12’x20

Lease Rate: $6,900/Month NNN Sale Price: $1,200,000

395 Forest Grove Drive, Pewaukee

6,120 SF Industrial Space for Lease

 

Zoning: B5 Light Industrial

 

Clear Height: 18′

 

Drive In Doors: 2 – 12’x14′

 

Great Location Just South of Pewaukee’s Busy Capitol Drive Retail/Office Corridor

Lease Rate: $5,350/Month Modified Gross

2445 S 179th Street, New Berlin

8,800 SF Industrial Space for Lease

 

3,300 SF Office / 5,500 SF Warehouse

 

Clear Height: 16.5′

 

Dock Doors: 1 – 10’x12′

 

Zoning: M1 Light Manufacturing

Lease Rate: $7.00 PSF NNN

325 Forest Grove Drive, Pewaukee

Industrial / Office Building with Two Suites Available for Lease

 

Suite 101: 2,549 SF Total (1,071 SF Office/ 1,478 SF Warehouse)

 

Suite 201: 1,700 SF Office

 

Parking: 31 Total Surface Spaces

Lease Rate: $14.00 – $17.00 PSF Gross

N115 W18835 Edison Drive, Germantown

4,050 SF Industrial Space Available for Lease

 

1,080 SF Office / 2,970 SF Warehouse

 

Drive In Door: 1 – 10’x12′

 

Zoning: M1 Limited Industrial

Lease Rate: $6.50 PSF NNN

2735 S Calhoun Road, Unit 2, New Berlin

1,793 SF Retail / Office Space for Sale or Lease

Parkland Plaza Commercial Condominium

Convenient Location Near the Corner of Calhound Rd & Cleveland Ave

Zoning: B-1 Shopping Center

Lease Rate: $10.00 PSF NNN Sale Price: $250,000

A Healthy Springtime Bowl of oats!

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KnakeDodge & Company has been exclusively retained by Owner to represent the offering of its interest in The Property.  The undersigned Recipient hereby acknowledges and agrees that certain confidential information which has been or may be disclosed in the future is intended solely for Recipient’s own limited use in considering whether to pursue negotiations to acquire the property listed above.

Neither Owner nor KnakeDodge & Company or any of their officers, employees or agents make any representation or warranty, expressed or implied, as to the accuracy or completeness of this confidential information and no legal liability is assumed or shall be implied with respect thereto.

Information provided has been or will be gathered from sources that are deemed reliable but Owner or KnakeDodge & Company does not warrant or represent that the information is true or correct.  Recipient is advised to verify information independently.  Owner or KnakeDodge & Company reserves the right to change the price, or any information provided or to withdraw the Property from the market at any time without notice.

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While Owner and/or KnakeDodge & Company may discuss the purchase and sale of the Property with Recipient, either Owner or KnakeDodge & Company in our sole and absolute discretion, may terminate discussions at any time and for any reason.  Recipient acknowledges Owner has no obligation to discuss or agree to the sale of any of the Property.  The discussions may be lengthy and complex, notwithstanding that we may reach one or more oral understandings or agreements on one or more issues we are discussing, neither of us shall be bound by any oral agreement of any kind and no rights, claims, obligations or liabilities of any kind, either expressed or implied, shall arise or exist in favor of or be binding upon either Owner or KnakeDodge & Company except to the extent expressly set out in a written agreement signed by both Owner and KnakeDodge & Company.

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THIS CONFIDENTIAL INFORMATION SHALL NOT BE DEEMED AS REPRESENTATIVE OF THE STATE OF AFFAIRS OF THE PROPERTY OR CONSTITUTE AN INDICATION THAT THERE HAS BEEN NO CHANGE IN THE BUSINESS OR AFFAIRS OF THE PROPERTY SINCE THE DATE OF PREPARATION OF THE MEMORANDUM.

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