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Ralph Kamps
"Energy and persistence conquer all things."
— Benjamin Franklin
Lease Asking Rates August 2026...
This Weeks Articles for 7/28/2026 ...
- Villas Student Housing aims for 2028 opening of 16-story student housing tower...
- Woodland Crest's next step in Waunakee: stacked flats ...
- Thinking Inside The Box: The Latest In Data Center Cooling Tech Is Full Immersion ...
- Adaptive-Reuse Conversion Projects on the Rise, Tackling Stubbornly High Office Vacancy Levels ...
- U.S. Office Reports...
- Gateway Markets on the Rise - Q2 2026...
- Bankruptcies Are Rising, Putting More Real Estate Up For Negotiation ...
- Albertsons slashes outlook amid cautious consumers, soft grocery trends ...
- From Megawatts to Multipliers: The Data Center Effect on Industrial Demand, Jobs and Local Revenue...
- Hines Research Identifies The Scarcity Advantage as a Defining Theme for the Next Real Estate Cycle...
- Pep Boys to be acquired for $700 million in cash...
- The Glut Of Big-Box Warehouses Is Finally Getting 'Gobbled Up' ...
- The $70B Quantum Boom Is Building A New Real Estate Sector ...
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Villas Student Housing aims for 2028 opening of 16-story student housing tower
A new, 157,000-square-foot, 16-story student housing development at North Frances and West Gilman streets aims to provide students with housing for the 2028 fall semester.
Developed by Villas Student Housing and designed by Rhode Partners, this will be the fourth student housing project for Rhode Partners. The building will also have below-grade parking and retail space, and 466 bedrooms.
“Villas has been searching for the right opportunity to enter the Madison market for many years. This iconic location on North Frances, just a few steps off State Street, is the perfect location to showcase our brand of boutique one-of-a-kind projects,” Villas Student Housing’s Grant Zucker said in a statement...
...Full Story Here
RSK: One of the tallest if not the tallest building from ground to height with 466 bedrooms....and some of those bedrooms will be shared.
Madison Lifestyle Office Portfolio
Woodland Crest's next step in Waunakee: stacked flats
Housing offerings will continue to grow in Waunakee with the path cleared for construction of five stacked flat residential buildings as a part of the Woodland Crest development.
Each two-story building will house 10 units each, making up a total of 50, and be located along the eastern side of Simon Crestway, north of Peaceful Valley Parkway.
They are planned to consist of either one or two bedrooms. Each will have a private driveway stall and single bay garage with direct access to the unit.
The Waunakee Village Board unanimously a development agreement (DA) for the project with Forward Development Group of Verona at its meeting on Monday, July 20. This was the last step needed before Forward could begin acquiring building permits for the project...
...Full Story Here
RSK: Waunakee is growing. I know the grocery sector is being stretched but wonder why Hy-Vee pulled out of the development?
Investors Associated
Thinking Inside The Box: The Latest In Data Center Cooling Tech Is Full Immersion
Before the advent of generative artificial intelligence, data centers were kept from overheating by circulating chilled air through the facilities.“Air cooling was the industry standard because air is abundant and the way it works is simple,” said Brian Haught, director of engineering at Airedale, a cooling solutions company. “Air is literally everywhere.”
But AI’s growing need for power and the server rack densities it requires has pushed data center cooling demands beyond what these conventional systems can handle.
“Air cooling was fine for server racks of 5 to 15 kilowatts,” Haught said. “The new generation of server racks that are being rolled out over the last two years are 100 kilowatts. At those densities, air is no longer able to carry the heat load because it's not a good enough conductor of heat.”
RSK: This could be a game changer for water use in data centers and overall cooling of the racks.
The Gialamas Company, Inc.
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.
Adaptive-Reuse Conversion Projects on the Rise, Tackling Stubbornly High Office Vacancy Levels
Key Takeaways:
- In June, the national office vacancy rate was 17.7% following a decrease of 170 basis points (bps) year-over-year (Y-o-Y).
- The national office listing rate averaged $33.67 per square foot last month, which was 2.4% lower than values recorded in June 2025.
- Nationally, the modest office supply pipeline inched up to nearly 29.6 million square feet of office space under construction last month.
- With more than $4.3 billion in deals closed since the start of the year, Manhattan, N.Y., topped the list for sales. It was followed by Dallas ($2.6 billion) and San Francisco ($2.4 billion).
- Among the eight large U.S. office markets where vacancy was below the national average, Manhattan, N.Y., and Miami averaged the lowest vacancy rates in June.
- Western and Northeastern U.S. markets had most of the leasing rates that were above the national average, while Southern and Midwestern markets had some of the most affordable office asking rates in June.
- Boston; Manhattan, N.Y.; and Dallas had the most active construction pipelines and were still the only markets where more than 2 million square feet of new office space was in development last month.
RSK: On note, the Midwest has some of the more reasonable office asking rates....really?
Madison Commercial Real Estate LLC
Let our years of experience help you find relief
from this excess space and help your bottom line"
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U.S. Office Reports
Office dynamics are more complex than ever. Get insights into U.S. office market trends in our latest MarketBeat report, including supply, demand, and pricing.
Key OFFICE Takeaways For Q2 2026
- Office fundamentals continue to accelerate. Tenant demand has steadily been increasing. The 4-quarter rolling absorption total hit +14.3 million square feet (msf) in Q2 2026, which is the strongest reading since 2020 and marks the seventh consecutive quarter of improvement.
- Vacancy is easing as supply-side pressures fade. National vacancy declined by 10 basis points (bps) year-over-year (YOY), supported by the continued lease-up of sublease space. Available sublease inventory has now fallen 28% from its cyclical peak, while new office deliveries have slowed to a 14-year low. With just 19.7 msf under construction, the pipeline remains near its historic low, limiting new supply in the coming years.
- The office market is evolving. Conversions, demolitions and repositioning of projects are steadily removing obsolete buildings from inventory, particularly in major urban markets. U.S. office inventory has declined by 0.6% (-33 msf) over the past five quarters.
Download Report Here!
RSK: Highlights of the report plus if you wish, download it all right here.
Commercial Brokers Group
Wednesday, September 2, 2026
10 AM
The Oaks Golf Course
Make your plans now to attend the 29th Commercial Brokers Group Scholarship Golf Outing. This fun-filled afternoon will include 18 holes of golf, prizes, lunch, dinner and drink tickets. You can set up your own foursome or we’ll happily assign you to one.
We’re offering a purchase option which includes a 4-some and hole sponsorship!
There will also be sponsorship opportunities including the bloody mary bar, lunch, dinner, beverage, raffle items and items for golf cart goodie bags. Please reach out if you would like to be a sponsor or donate raffle items. Email: info@cbgmadison.com
St. John Properties
Gateway Markets on the Rise - Q2 2026
The following analysis examines leasing activity across Tier 1 office markets through midyear 2026 and explores the market dynamics likely to shape demand during the second half of the year.
Momentum builds as U.S. gateway market office leasing hits multi-year highs
A defining quarter for U.S. office demandThe U.S. office sector hit a defining moment in Q2 2026, with gateway market leasing totaling 42.6 million square feet (msf)—the most active quarter since 2019. Quarterly demand exceeded the average recorded during the three years preceding the pandemic, highlighting that leasing activity has returned to levels that would have represented a strong quarter even before the office market’s pandemic-era disruption. First-half 2026 leasing volume among these markets reached 84.2 msf, delivering the strongest firsthalf performance since 2019. The growing momentum in office demand underscores the resilience of U.S. occupiers, who have continued to make leasing decisions despite macroeconomic uncertainty.
Tech hubs lead the charge...
Download the full report
RSK: It might be larger markets but the same momentum can be seen in submarkets.
CARW 2025 Events and Resources
Knight Barry Title Group
MADISON: 2450 Rimrock Road, Suite 204, 608-255-2700
CAP SQUARE: 44 E. Mifflin Street, Suite 101, 608-255-2700
Bankruptcies Are Rising, Putting More Real Estate Up For Negotiation
Reemerging inflation and stubbornly high interest rates — paired with shifting consumer preferences — are driving a surge in corporate bankruptcy filings, resulting in widespread real estate portfolio cullings and restructurings.
One of the first things consumer-facing companies do in a Chapter 11 restructuring process is reevaluate their real estate portfolios to see which locations are performing, underperforming or have the potential to perform in the future, bankruptcy experts said.
Once they do, many landlords are faced with tenants asking to cut their rents or drop their leases altogether — which they are legally allowed to do with no consequence.
“The conversations themselves sometimes take the form of a game of chicken,” said Neill Kelly, managing principal and senior vice president of the restructuring and disposition team at SRS Real Estate Partners.
“It's not how I personally conduct those conversations, but it's very close to, in more cases than not, ‘Do this or take your store back,’” he added...
RSK: Mainly about retail and franchise restaurants.
Reinhart
With the largest Real Estate Practice of any law firm in Wisconsin, Reinhart offers clients custom-tailored real estate insight.
Albertsons slashes outlook amid cautious consumers, soft grocery trends
Albertsons Cos. reported strong growth in its first-quarter digital and pharmacy sales, but ongoing softness in its core grocery business took a toll on its results.The grocer cut its outlook. It now expects identical sales in the range of (1.5)% to (0.5)%, compared to its previous estimate of 0.0% to 1.0%. Adjusted net income per share is expected to be in the range of $1.75 to $1.85 per share, down from its previous estimate of $2.22 to $2.32 per share.
RSK: Sometimes with growth and expansion, companies get too heavy in management, and it usually puts a drain on the bottom line.
Colliers|Wisconsin
See All Listings Here...
...Full Story HereFrom Megawatts to Multipliers: The Data Center Effect on Industrial Demand, Jobs and Local Revenue
RSK: Interesting if true.
Park Towne Realty LLC
Hines Research Identifies The Scarcity Advantage as a Defining Theme for the Next Real Estate Cycle
New mid year outlook finds investment opportunities have increasingly emerged where durable demand meets constrained future supply.
HOUSTON--(BUSINESS WIRE)--Structural supply constraints have become one of the defining forces shaping global real estate investment, according to Hines' 2026 Mid Year Outlook released today.
The report finds that long-term demand has accelerated, fueled by trends such as artificial intelligence and electrification, at a time when new development remains difficult to deliver across many sectors and markets. As competition for land and power intensifies, Hines believes the next phase of the real estate cycle will increasingly reward investors who recognize the scarcity advantage and identify markets where long-term demand has been reinforced by meaningful barriers to future supply.
“Investors have spent the past several years focused on inflation, interest rates and economic uncertainty,” said David Steinbach, global chief investment officer at Hines. “Those factors remain important, but we believe the defining investment question has shifted. Increasingly, the issue isn't whether demand exists. It's whether markets can deliver the housing, logistics and digital infrastructure needed to keep pace with it.”...
...Full Story Here
RSK: Scarcity is the word. Identify where it will be or is.
RASCW Events
Wednesday, July 29, 2026
(11:00 AM - 4:30 PM) (CDT)
Description
Join a powerhouse community of women redefining leadership in real estate. Connect with your fellow RASCW and CWBR members for an immersive day designed to transform market volatility into your greatest competitive edge. From mastering high-performance habits to scaling your business with insights from elite broker panels, this conference is a blueprint for the professional who is unshakeable. Secure your spot and get ready to elevate your impact!
- Registration, Welcome and Headshot Station
- Lunch
- Top Producer/Broker-Owner Panel
- The New REALTOR® Playbook Lighting Talks
- Supra: Core Strengths, New Horizons
- Speed Networking
- Executive Panel
- Cocktail Reception...
Mullins Group LLC
Pep Boys to be acquired for $700 million in cash
The Pep Boys-Manny, Moe & Jack Holding Corp. is being acquired by the largest tire dealership in the U.S. Mavis Tire Express Services Corp. has entered into an agreement to acquire the automotive services company from Carl Icahn’s Icahn Enterprises for approximately $700 million in cash. Icahn Enterprises, which bought Pep Boys in 2016, will retain the owned real estate previously transferred to it from Pep Boys, as well as the AAMCO Transmissions and Precision Tune Auto Care businesses.
RSK: Ichann knows where the real value lies.....why he is keeping the real estate.
Key Commercial Real Estate, LLC
The Glut Of Big-Box Warehouses Is Finally Getting 'Gobbled Up'
After a year of caution, America’s industrial occupiers are once again taking leaps by signing megadeals. The tenants are backfilling the surplus of big-box warehouses that were built to meet projected post-pandemic demand before tariffs and a war in the Middle East reset market expectations.
Deals for more than 500K SF are now driving activity in the sector, and users of the largest spaces are being squeezed for rent hikes at a faster pace than their smaller peers. The supply of large buildings built during the pandemic is quickly being absorbed by strong demand, which is returning pricing power to landlords...
...Full Story Here
RSK: I wouldn't be surprised to start seeing some spec space soon.
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.
The $70B Quantum Boom Is Building A New Real Estate Sector
An emerging technology drawing billions of dollars of investment from the likes of Amazon, Google and Microsoft is spurring a new real estate sector — and it isn’t AI.
Quantum computing, once seen as a moon shot, is now hurtling toward commercial viability. It is generating new research, computing and manufacturing hubs in markets that have sat out the artificial intelligence boom, and it is ultimately expected to become a significant part of the data center sector.
RSK: The new hot sector and it isn't AI...
Properties for Lease or for Sale By Company
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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 |
Flad Development & Investment Corp. |
Evans Properties, LLC |
Keller Real Estate Group |
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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  |
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Hovde & Hovde, Inc
...Full Story Here
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