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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...

Colliers|Wisconsin is expanding its Madison, Wisconsin, office with the addition Jesse Schluter.

Schluter, a 20-year Madison-area commercial real estate veteran, has joined the firm as a partner and will be based in Madison, bringing a proven track record of success in the Wisconsin restaurant and retail real estate market.

Prior to joining Colliers|Wisconsin, Schluter was principal at Wisconsin Commercial Real Estate, a Madison-based firm he founded in 2016. He is an active community member in the Greater Madison area, serving as a volunteer firefighter and Battalion Chief with the Middleton Fire Department since 2004...

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Ken Notes: Congrats! Jesse brings much to the table...

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Madison Lifestyle Office Portfolio comprises 14 Class A properties totaling over 1.7 million square feet of leasable area and an additional 8.3 acres of development land. The portfolio is located on the west side of Madison, Wisconsin.

Adjustments by Amazon and Microsoft reflect harsh realities: power grids that take years to expand, land speculators inflating prices, and overwhelmed utilities

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RSK: I have said all along...data centers eat huge amounts of electricity. Yes, speculators have driven up the price of land but the real stepping stone is power and the grid.

219 E Main St, Mount Horeb, WI	5955 McKee Rd, Fitchburg, WI	640 University Ave Madison, WI	704 Williamson St Madison, WI
5955 McKee Rd, Fitchburg, WI	638 University Ave Madison, WI

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President Donald Trump is eyeing the nation’s nuclear capacity and not exclusively from a defense perspective.

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RSK: This may be the only logical solution to Data power needs...but we must tread carefully.

1200 John Q Hammons Dr Madison, WI	8040 Excelsior Dr Madison, WI	1255 Fourier Dr Madison, WI	8000 Excelsior Dr Madison, WI
8025 Excelsior Dr Madison, WI	8030 Excelsior Dr Madison, WI	8020 Excelsior Dr Madison, WI	1241 John Q Hammons Dr Madison, WI

8150 Excelsior Dr Madison, WI

1289 Deming Way Madison, WI

918 Deming Way Madison, WI

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For over 45 years, The Gialamas Company has brought real estate development, brokerage, leasing and building management expertise to the City of Madison and the State of Wisconsin.

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RSK: Always fun ideas for your home and what are the new trends in home building.

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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A hotel converted into apartments on the east side of Madison is nearing completion.

Madison-based Wiseman Capital led the adaptive reuse of the 129-unit Sandburg Studios, built out of a former Super 8 hotel on the east side of the city. The project, expected to open in June, will create housing without the use of public money that is affordable for professionals, said Cody Wiseman, founder and CEO of Wiseman Capital.,,,

THE BLUEPRINT:

• Former Super 8 hotel in east Madison converted into 129 apartments.
• Rents average $1,075, well below Madison’s $1,600 average.
• Project uses adaptive reuse to avoid public subsidies.
• Amenities include coworking space, dog park and renovated pool.

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RSK: Kudos

Event Information
    June 10, 2025
    7am-12pm
    Ideal Builders

Please join us for our breakfast meeting and CE-2 on Tuesday, June 10th 2025 at Ideal Builders, 1406 Emil St Madison. Thanks to our presenting sponsors, Ideal Builders and Yaeger Advisors. The meeting schedule is:

    7 AM Breakfast
    8 AM Yaeger Advisors Presentation
    8:30 AM Ideal Builders Presentation
    9 AM – 12 PM CE-2

Add to your calendar June 10

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Ken Notes: Thank you Tracy Johnson President and CEO of CARW for keeping me in the loop.

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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

After four decades of being headquartered blocks away from the Capitol Square in Madison, Wisconsin Manufacturers & Commerce (WMC), the combined state chamber of commerce, state manufacturers’ association and state safety council, will move to a new location on the city’s far east side on June 3.

WMC’s new address will be 2 Buttonwood Court in the American Center Business Park. WMC’s affiliations — WMC Foundation, the WMC Litigation Center, Wisconsin Safety Council, WMC Insurance, the Wisconsin Chamber of Commerce Executives and Wisconsin Business World — will all move their operations to the new location.

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RSK: Much better location if you are serving the entire state for access.....poor location for lobbying, which is what they did so well for many years.

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

A pizza chain is bringing a high-tech franchise location to John Glenn Columbus International Airport in Ohio.

Columbus, Ohio-based Donatos Pizza and its sister company, smart kitchen technology developer Agape Automation, are partnering with robotic food tech provider Appetronix to open the pizza chain’s first robot-operated restaurant in its headquarters city.

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RSK: This is the future people. Undependable employees are driving this in the hospitality industry unfortunately. Not much different than vending machines in the future.

6504 Ronald Reagan Ave, Madison, WI	Madison East Business Center 4602 S Biltmore Ln, Madison, WI	4602 S Biltmore Ln Madison, WI

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lue Plate Catering has taken over the 24,500-square-foot former furniture store in Fitchburg that had been leased to restaurateur Dave Heide for the defunct Little John’s.

The nonprofit organization had produced about 16,000 meals a week for the Madison community, but its use of the building was brief.

David Porto, co-owner of Blue Plate Catering, bought the building on Oct. 24 for $2.2 million with Blue Plate founder and Chief Executive Jodi Fowler, and his brother, Michael Porto. They’re renting it to Blue Plate, which they own with three other partners.

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RSK: Congrats guys, the apple doesn`t fall far from the tree and you picked up the concept of buying and leasing back from the group. Well done and continued success.

75 Gasser Rd Wisconsin Dells, WI

4711 Farwell St McFarland, WI

808 Industry Rd Sauk City, WI

426 Gammon Pl Madison, WI

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Retailers so far appear to be forging ahead with their roll-outs of new stores, even after telling investors how potential tariffs and spending-weary consumers may end up dinging their bottom lines.

This week a variety of major chains — including off-price retailer Burlington Stores and apparel seller Abercrombie & Fitch — reported their earnings. They didn`t say they planned to slow their expansion plans at this time, but rather will continue to open brick-and-mortar locations.

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RSK: Looks like they are bullish on the economy improving. Either way, good news for brick n mortar retail.

4901 Eastpark Blvd	5201 Eastpark Blvd Madison, WI	2310 Crossroads Dr	5315 Wall St Madison, WI
2801 Crossroads Dr Madison, WI	5325 Wall St Madison, WI	2128 City View Dr Madison, WI	5310 Wall St Madison, WI

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One area of expertise for Investors Associated is first class property management. To keep our properties running smoothly, we focus on the little things with the big picture in mind. Our team is comprised of a group of individuals that oversees the day-to-day operations such tenant retention, lease negotiations and property maintenance costs. Bottom line, if you’re not happy, we’re not happy! Check out our properties today and see why you should lease with us.

Description

Pop-Up Networking Happy Hour
On the Patio at Vintage Brewing 

Expand your circle, strengthen your connections, and unwind with fellow real estate pros at this laid-back networking event. There’s no agenda - just real conversations, potential referrals, and the chance to connect with others who understand the business.

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RSK: I`ll give them maybe 3 years.

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With hurricane season just days away, property insurance providers will be without a critical piece of information this year that they use to inform their pricing decisions.

Earlier this month, the National Oceanic and Atmospheric Administration announced it would stop tracking the cost of extreme weather. Commercial property insurers rely on federal weather data to assess risk and price coverage, especially as weather events become more severe, industry insiders say. They warn that without access to NOAA`s data, it could disrupt underwriting, drive up premiums or lead to no coverage at all.

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RSK: I get where it might slow some data response down but people who live in these areas will know when a storm is coming. If you buy a home next to railroad tracks, don`t be surprised if a train comes rolling through. Insurers will get their money somehow so I do not feel too sorry for them.

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The Brief

• Mounds Pet Food Warehouse has opened a new west side location off Junction Road and plans an east side store near East Towne Mall

• The locally owned company closed three existing locations to consolidate operations and provide better customer convenience

• New stores will offer expanded services including a potential doggy day care and grooming services

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MADISON — A locally owned pet food retailer is closing three stores while opening two new replacement locations as part of a plan to better serve Madison-area pet owners.

Mounds Pet Food Warehouse opened its new west side location off Junction Road near Target on Sunday, drawing more than 500 customers on its first day. The store replaces the company`s former Fitchburg and Middleton locations.

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RSK: Much needed. As an owner of 2 Goldens I wind my way there often. Much larger store and a bit more convenient for me. We now have two older retail warehouse spaces to lease up.

Commercial real estate firms have reached a broad consensus that artificial intelligence could eventually help workers, especially analysts, do their jobs more efficiently. Expectations are higher and job openings are fewer as companies vie to be bigger, faster and stronger through the use of AI.

But angst and anxiety follow about long-term effects to the broader talent pipeline and the early career workers in it. 

“At the C-suite, it’s a concern about losing an edge, or giving an edge to someone else if they don`t leverage AI to its full capability,” said Spencer Burton, former president of Stablewood Properties and co-founder and CEO of CRE Agents, an AI program for CRE.


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AI will becoming a part of your daily routines just like the computer and cell phones revolutionized communications.

2 E Mifflin St Madison, WI	22 E Mifflin St Madison, WI	152 W Johnson St Madison, WI	1400 E Washington Ave, Madison, WI
10 W Mifflin St Madison, WI

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MADISON, Wis. (WMTV) - For more than a century, the Oscar Mayer plant was a fixture of Madison’s north side — pumping out hot dogs, lunch meats, and a particular scent that longtime residents still remember.

“I remember the smell when you would drive by. It was a very distinctive smell,” said Laleña Lampe, board member of The Bodgery, a nonprofit makerspace now operating inside the historic factory.

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RSK: Still need a major tenant or developer to take this over. Oakbrook has portions of this listed. Check it out.

ABSTRACT Commercial Real Estate LLC	The Gialamas Company, Inc.	Artis Reit	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

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