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Ralph
Kamps
Editor CirexNews
608.345.2880
                Ken Harwood
Publisher CirexNews
608.334.2174

“Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, it is about the safest investment in the world.” 

– Franklin D. Roosevelt

Lease Asking Rates July 2026

This Weeks Articles for 7/7/2026 ...

  1. Going nuclear...
  2. Casey's aims to open 'at least' 400 new stores over next three years ...
  3. Residents sue Microsoft over noise from Mount Pleasant data center...
  4. Big Tech Says Data Centers Must Change To Survive Local Opposition ...
  5. Spatial Branding Is Turning Offices Into a Company’s Most Powerful Storytelling Tool...
  6. Repriced And Ripe: Institutional Buyers Eyeing Trophy Office ...
  7. Drones and Aerial Sensors Are Redefining Due Diligence Standards For Commercial Buildings...
  8. Pizza: A Menu Staple and Canvas for Creativity in Ingredient and Sauce Pairing...
  9. Falling Office Vacancy Contrasts With Rising Distress...
  10. America Faces A Massive Senior Housing Shortage. Wall Street Sees Opportunity...
  11. Assigned Seating Is Slowly, Quietly Coming Back To Offices ...
  12. ICE Looks To Offload $700M In U.S. Warehouses As Detention Overhaul Unravels ...
  13. Investment Giants Now Predict 3 Rate Hikes This Year...
  14. When does AI-enhanced advertising require a disclosure??...

New Listing

Building for Lease Active
119 E Main St
Madison, WI

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Cirex News is emailed weekly to over 2,000 CRE Brokers/Agents and people interested in commercial real estate. Email Ralph or call 608-345-2880 to feature your business or properties in CirexNews...

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Madison’s Momentum: Development, retail and innovation continue to fuel Wisconsin’s capital city


The cranes dotting Madison’s skyline tell the story.

From downtown high-rises and mixed-use developments to new retail concepts and industrial projects, commercial real estate activity remains robust in Wisconsin’s capital city. Even as developers grapple with elevated construction costs and higher borrowing rates, industry professionals say Madison’s strong economic fundamentals continue to support growth across nearly every property sector.

“Demand for mixed-use development remains exceptionally strong throughout Madison and Dane County,” said Heather Ewing, founder and managing principal of Madison, Wisconsin-based ABSTRACT Commercial Real Estate.

According to Ewing, Downtown Madison Inc.’s development tracker currently lists more than 60 projects in various stages of planning, development, construction and delivery.

“Cranes are visible from nearly every vantage point in the downtown,”Ewing said. “It underscores the scale of ongoing investment.”

She said developers continue to gravitate toward projects that create walkable, higher-density environments emphasizing community gathering spaces, restaurants, public art and opportunities for social interaction.


   ...Full Story Here

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Going nuclear


Madison’s Realta Fusion is among a select group racing to turn plasma into clean energy

Down a long driveway, just off a rustic road in Stoughton, scientists are plugging away in a basement warehouse, trying to generate and confine plasma, the fourth state of matter.

They’re doing it in the WHAM: a cylinder connected through wires and cables with powerful magnets on both sides. The goal is to trap ionized particles long enough to generate plasma and keep the reaction going.

Plasma is what powers the stars, but creating it reliably on Earth is more difficult. Still, that’s what nuclear physicists are racing worldwide to do: scale this superheated soup of particles to produce a cleaner energy source amid a climate crisis...


   ...Full Story Here

RSK: Madison is a finalist to have their R&D lab built here. Would bring other jobs with it.

Ken Notes: Fusion is the next big thing and it will be bigger than AI or Tech, bigger than foreign oil, bigger than the automobile. Whoever figures it out will make Elon look like an also ran alas figuring it out will be a challenge that makes landing and living on Mars look easy.

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Madison Lifestyle Office Portfolio



   ...Full Story Here
The Madison Office Lifestyle Portfolio consists of 13 Class A, amenity-rich office properties ranging in size from approximately 25,000 square feet to over 300,000 square feet and is home to more than 130 tenants. The portfolio is located on the west side of Madison and Middleton, with the majority of properties situated in the Far West submarket.

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Casey's aims to open 'at least' 400 new stores over next three years


The nation's third-largest convenience store retailer is implementing a new three-year plan that will see it greatly expand its store footprint.

Iowa-based Casey’s General Stores Inc.’s new strategic plan is centered around three priorities: adding "at least" 400 new stores over the period, expanding its food and beverage offerings, and enhancing its operational efficiency by implementing new technology. Since introducing its last strategic plan in 2023, Casey's has opened more than 500 new stores and joined the S&P 500...


   ...Full Story Here

RSK: Don't be surprised if you see one of the third-largest convenience stores open up around here. Best known for it pizza and other made to order food. Kwik Trip seems to have that locked up around here for now.

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Investors Associated



See All Listings Here...

   ...Full Story Here
“At Investors Associated, we make it easy for brokers to match clients with well?managed, high?quality spaces. Our team prioritizes clear communication, quick turnaround times, and a seamless leasing experience. Partner with us to provide your clients with properties backed by dependable service and long?term value.”

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Residents sue Microsoft over noise from Mount Pleasant data center


Residents in Mount Pleasant and Sturtevant filed a class action lawsuit against Microsoft over noise during construction of the company's new data center. 

MOUNT PLEASANT, Wis. — Racine County residents filed a class action lawsuit against Microsoft over noise during construction of the company's new data center.

According to the lawsuit, the residents allege the facility emits a constant industrial hum that has disrupted their daily lives, interfered with sleep and outdoor activities, and diminished their property values. 

"The noise emitted from the Data Center, and experienced by Plaintiffs and the Class, is not only excessive, but consistent and pervasive," the lawsuit reads.

The plaintiffs claim Microsoft failed to adequately control the noise through proper soundproofing, acoustic barriers, and quieter cooling systems, despite knowing about community complaints..



   ...Full Story Here

RSK: Another nemesis for data centers....noise!

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The Gialamas Company, Inc.


   ...Full Story Here

We offer the experience, quality and service you deserve, but with the personal attention and dedication that only a family business can provide. We’re not just your landlord, we’re partners in your success.

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Big Tech Says Data Centers Must Change To Survive Local Opposition


As data center projects face fierce opposition across the U.S., leaders at Microsoft and Oracle say the industry can no longer afford to be dismissive of local concerns.

Instead, developers and hyperscalers need to be proactive and change how data centers are designed and built to be more palatable to the growing number of communities into which the industry is expanding.

With the artificial intelligence building boom pushing large-scale data center development beyond the industry’s traditional footprint, local opposition is emerging alongside power availability as one of the sector’s biggest constraints...


   ...Full Story Here

RSK: About time!

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Madison Commercial Real Estate LLC



SEE ALL LISTINGS HERE


   ...Full Story Here

Need to sublet extra office space?
Let our years of experience help you find relief
from this excess space and help your bottom line"


Call Ralph Kamps 608-345-2880

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Spatial Branding Is Turning Offices Into a Company’s Most Powerful Storytelling Tool


...The approach requires a fundamentally different starting point than conventional interior design. Where traditional workplace design begins with function, how many people need to sit, where the conference rooms go, how circulation flows, spatial branding begins with meaning. What is the story this company needs to tell? What does the physical environment need to make someone feel when they walk in for the first time? What should an employee understand about where they work just from moving through the building on an ordinary Tuesday? Answering those questions well demands research into the company’s history, its values, and the audience it’s designing for, whether that’s clients, recruits, or the employees who will spend the most time inside...   ...Full Story Here

RSK: Excellent idea if you can make it work.

Ken Notes: EPIC is on this path...

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Commercial Brokers Group




   ...Full Story Here

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Repriced And Ripe: Institutional Buyers Eyeing Trophy Office


Artificial intelligence is driving a wave of office leasing in a select few cities on both coasts, and investors are trying to follow closely behind.

A growing group of institutional buyers is zeroing in on the top office towers that have recently been magnets for AI and tech demand. They're betting that the current outsized demand for gleaming spaces is here to stay and building strategies around the buildings that are most likely to keep their pricing power after the dust from AI dislocation settles...


   ...Full Story Here

RSK: Trophy office buildings are still in demand while others seem to suffer.

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St. John Properties




See All Listings Here...

   ...Full Story Here
Since 1971, St. John Properties has designed, developed, and managed spaces that fit every type of business. Our team anticipates and serves the needs of over 2,700 clients, including small, mid-sized, and large companies, nationwide.

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Drones and Aerial Sensors Are Redefining Due Diligence Standards For Commercial Buildings


The Property Condition Assessment or PCA has served as the commercial real estate industry’s primary risk-management tool for decades. The methodology governing these assessments, specifically the ASTM E2018 standard, was last substantially revised in 2015. At that time, the protocols were calibrated to what a qualified professional could observe from ground level, a roof hatch, or the top of an extension ladder.

While those constraints were reasonable a decade ago, they represent a significant structural limitation in 2026. As transaction speeds accelerate and the density of building systems increases, the traditional manual walk-through is becoming an informational bottleneck that many institutional investors can no longer afford to ignore...



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RSK: Can a drone and AI do a better job than humans doing a walk through in building.

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CARW 2025 Events and Resources









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Knight Barry Title Group



                       608-255-2700  www.KnightBarry.com
   ...Full Story Here
With over 350 experienced real estate professionals, Knight Barry provides exceptional support and service. Visit our website for more information about our 50+ commercial and residential offices throughout Wisconsin, Michigan, and Minnesota.

MADISON: 2450 Rimrock Road, Suite 204, 608-255-2700
CAP SQUARE: 44 E. Mifflin Street, Suite 101, 608-255-2700

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Pizza: A Menu Staple and Canvas for Creativity in Ingredient and Sauce Pairing


A report from Technomic Ignite Menu

The Steakhouse Pizza - Mellow Mushroom

This pizza starts with an olive oil and garlic base and is topped with all-natural grilled ribeye steak, roasted shiitake, button and portobello mushrooms, creamy mozzarella, caramelized onions, tangy peppers, chives and a garlic aioli drizzle...

Bacon Brussel Pie & pizza

A masterclass in sweet and savory. Charred roasted Brussels sprouts meet the crunch of bacon and the sweetness of grilled onion. Baked with shredded mozzarella cheese and savory parm-romano sauce, then topped with a fig balsamic drizzle... 
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RSK: Speaking of pizza, here is a good report on what consumers want and like on their pizzas.

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Reinhart



Milwaukee: 414.298.1000
Madison: 608.229.2200
Waukesha: 262.951.4500
   ...Full Story Here

With the largest Real Estate Practice of any law firm in Wisconsin, Reinhart offers clients custom-tailored real estate insight.

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Falling Office Vacancy Contrasts With Rising Distress


Large properties continue to face pricing challenges as investors favor amenity-rich assets, Yardi Matrix data shows.

Discounted sales are still rising in the sector for properties unable to adapt to shifting demand, according to the latest Yardi Matrix national office report. 

Though vacancy is on the decline, office utilization did not significantly increase, while hybrid work is being widely adopted. Kastle’s Back to Work Barometer indicates that office attendance has remained at around 55 percent for the last few years. Office fundamentals remain challenged, making a sustained decline in vacancy unlikely. Market bifurcation across property types will continue and is expected to grow as AI adoption increases.

Distress continues to rise across the sector. Since 2024, distressed properties have accounted for 19.4 percent of the 800 million square feet that changed ownership—up 6.2 percent from the deals closed between 2021 and 2023. Urban core assets are experiencing the highest rate of distress...

   ...Full Story Here

RSK: Office vacancy rates are slowly falling while distressed office buildings are rising.

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Colliers|Wisconsin


Colliers| Wisconsin offers clients in the Wisconsin market, expertise in every property type. Wisconsin’s Colliers office offers a comprehensive portfolio of real estate services to occupiers, owners and investors on a local, regional, national and international basis, including: Brokerage Services, Corporate Solutions, Property Management and Valuation & Advisory Services. Colliers is the third-largest commercial real estate services company in the world, with over 12,300 professionals operating out of more than 522 offices in 62 countries.

See All Listings Here...

   ...Full Story Here

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America Faces A Massive Senior Housing Shortage. Wall Street Sees Opportunity


When Karen Tahler’s 62-year-old brother Raymond Soderberg started going blind due to a degenerative eye condition, she sought senior housing where he could receive the appropriate support. The process took more than three years. 

Tahler reached out to numerous private-pay facilities near her San Fernando Valley, California, home. Many were full, and the ones that weren’t charged between $7K and $10K per month. That was more than Tahler, the director of operations at Resolve Law Group, and her brother, a retired attorney, could afford.

“It was extremely draining and absolutely felt hopeless,” said Tahler, a 56-year-old mother of three.


   ...Full Story Here

RSK: Boomers are aging and assisted living is becoming more and more in demand.

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Park Towne Realty LLC



   ...Full Story Here
Park Towne is a family run Madison-based real estate company serving southern Wisconsin for over 50 years. Led by second generation brothers Mike, Jim and Joe Ring, Park Towne has a portfolio of for-lease commercial properties and offers development, management and brokerage services.

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Assigned Seating Is Slowly, Quietly Coming Back To Offices


In the efforts to bring tenants back to the office, coworking became king. Companies have spent millions of dollars building out office floors that prioritize the flexibility required for hybrid work.

Instead of sitting at the same desk every day, businesses could save money by allowing employees to touch down wherever they felt comfortable.

Executives at these office occupiers said at Bisnow’s New York Office Conference on Wednesday that it might have all been for naught...


   ...Full Story Here

RSK: Open seating in an office is like grade school on your first day looking for a seat in the cafeteria......so people want to know where they can sit and work....private space and offices are coming back.

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RASCW Events


2026 Cindy Strange Memorial Golf Outing

Monday, July 13, 2026 
(10:00 AM - 6:00 PM) (CDT)




Description

Registration opens at 8:45am with a Shotgun Start at 10:00am!

Pleasant View Golf Course: 1322 N Pleasant View Rd Middleton 53562 

Join us for an incredible day of golf while supporting a great cause — all event proceeds go to the RASCW Good Neighbor Award, which celebrates our members’ dedication to community service and provides recipients with a donation for their local nonprofit of choice...

   ...Full Story Here

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Mullins Group LLC



See All Listings here...



   ...Full Story Here

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ICE Looks To Offload $700M In U.S. Warehouses As Detention Overhaul Unravels


The Department of Homeland Security's plan to go on a $38.3B spree to acquire warehouses across the country and convert them into detention facilities is reversing course.

Now, the government agency wants to sell or give away seven out of the 11 facilities it spent $1B acquiring over the last year, marking the collapse of the most aggressive expansion of federal detention infrastructure in U.S. history.


   ...Full Story Here

RSK: Talk about a reverse course and giving away properties as well?

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Key Commercial Real Estate, LLC


   ...Full Story Here

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Investment Giants Now Predict 3 Rate Hikes This Year


Hopes for rate relief from the Federal Reserve that permeated the start of the year have largely faded, and two investment management giants have updated their projections to include a steep move in the other direction. 

Bank of America and PGIM, an arm of Prudential Financial, updated forecasts this month to include three rate hikes this year that they believe the central bank will need to tamp down inflation driven by the oil price shock brought on by the war in Iran....   ...Full Story Here

RSK: I have to disagree. I think they will remain steady and one hike at the most.

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Food Fight


Food Fight Gift Cards...

Food Fight is a locally owned and operated restaurant group with an ever-growing family of unique and diverse restaurants in the greater Madison area. Founded in 1994 by Monty Schiro of Monty’s Blue Plate Diner and local real estate investor Peder Moren, Food Fight Restaurant Group combined their creative vision and business sense with a mission of providing the best possible service and experiences for the greater community.

Gift cards can be redeemed at all of our restaurants for dine-in visits or call-in carryout orders, and they never expire...

   ...Full Story Here

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When does AI-enhanced advertising require a disclosure??


Question:

Once the practice changes go into effect on January 1, 2027, when does AI-enhanced advertising require a disclosure?

Answer:

A disclosure is required when technology, including artificial intelligence (AI), is used to add, remove or change elements of a property in a way that creates a false or misleading impression. For example, virtually staging a room, removing permanent features, or depicting renovations that do not exist may require a disclosure. Routine edits that simply improve image quality generally do not require disclosure.

A Change Is Gonna Come



   ...Full Story Here

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Properties for Lease or for Sale By Company



          


The Gialamas Company, Inc.









RFA Asset Management Madison, WI

Key Commercial Real Estate, LLC

Madison Commercial Real Estate LLC


St. John Properties

IA Management, LLC

Wisconsin Commercial Real Estate


Park Towne Realty LLC

Mullins Group, LLC

Crown
Commercial

Flad Development & Investment Corp.

Evans Properties, LLC

Keller Real Estate Group

MIG Commercial Real Estate, LLC

First Weber Group, Inc - West Towne

Opitz Realty, Inc.
First Weber Group, Inc - Prairie Du Sac

Peterson Management Company Inc.

The Lenhart Company, Inc

Scott Faust & Associates

Shamrock Real Estate Services, LLC

Targa, Inc

Executive Management, Inc



Stark Commercial - East

Urban Land Interests

Slinde Realty Company

Assist-2-Sell/Pohlkamp & Associates




Berkshire Hathaway Home Services Matson Real Estate


Artisan Graham Real Estate





Hovde & Hovde, Inc

ABSTRACT Commercial Real Estate LLC




   ...Full Story Here

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About CirexNews.com


Ralph Kamps
Editor CirexNews
608.345.2880

Ken Harwood
Publisher CirexNews
608.334.2174

Cirex News is emailed weekly to over 2,000 CRE Brokers/Agents and people interested in commercial real estate. It is online at CirexNews.com. All of our articles are archived and searchable. So a search for "opportunity zone" will bring up dozens of articles on the subject.


In our weekly News & Views you can promote your clients properties and your services
call 608-345-2880 for details...
   ...Full Story Here

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Start Week: 27 - Query String:SELECT * FROM cirex WHERE `issue` > 27 and volume = 26 OR `issue` > 90 ORDER BY sortorder