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CirexNews - CRE and Investment News | ||||||||||||||||||||||||||||||||||||
![]() This Week - Notes - Search - Index - Share ...Full Story Here![]() Ralph Kamps Editor CirexNews 608.345.2880 Ken Harwood Publisher CirexNews 608.334.2174
"It's not the mountain we conquer, but ourselves."
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Re-envisioning Regional Economic Development in Madison, WI with Zach Brandon and Sahian Valladares | ||||||||||||||||||||||||||||||||||||
![]() Since 2023, the Taubman Center has hosted the Economic Development Post-Graduate Fellowship—a yearlong, competitively paid fellowship for a graduating HKS student to work full-time with a state, county, regional, or city economic development agency. As we mark our fourth year of the fellowship, we’re excited to announce our newest fellow Sahian Valladares MC/MPA 2026 who will be working in the Greater Madison Chamber of Commerce in Madison, WI. Sahian joins an impressive group of past fellows serving in roles across the country, including Virginia Carefoot (MPP 2023) with the City of San Antonio Economic Development Department?, James Schisler (MPP 2024) with the Colorado Office of Economic Development & International Trade, and, most recently, Gloria Korpas (MPP 2025) with the Miami-Dade County Office of Innovation and Economic Development... ...Full Story Here Ken Notes: Great Read! ![]() | ||||||||||||||||||||||||||||||||||||
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![]() | ||||||||||||||||||||||||||||||||||||
Madison churches becoming housing, community spaces as religion shifts | ||||||||||||||||||||||||||||||||||||
![]() The Rev. Staci Marrese-Wheeler can pinpoint the moment she heard a
conversation that crystalized the need for Madison’s churches to rethink
their model. Two young student teachers were talking on their way to a
monthly gathering, hosted in the former Lakeview Moravian Church
building... ...In October, Common Grace is set to celebrate another milestone: the
opening of 26 units of workforce housing and the new 6,800-square-foot Eastmorland Community Center,
with a multiuse space designed to hold around 90 people for larger
gatherings — Sunday worship or otherwise — as well as a community
kitchen, food pantry and smaller rooms for art classes, after-school
programs or remote workers who need somewhere to take a meeting... RSK: Excellent idea. There will be more of this. ![]() | ||||||||||||||||||||||||||||||||||||
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. ![]() | ||||||||||||||||||||||||||||||||||||
How homebuyers are using AI-powered realtors to save tens of thousands in fees | ||||||||||||||||||||||||||||||||||||
Homebuyers are saving thousands of dollars by using artificial intelligence to cut out some of the costly legwork traditionally performed by real estate agents — while still keeping a human broker on call to negotiate and close the deal.The new model is geared toward buyers who already scour listings and open houses themselves, but still want an expert to handle offers, contracts and the closing process — without having to cough up a percentage-based commission. The model is part of a broader push to use AI to automate work once performed by professional middlemen — from managing investments and preparing taxes to booking travel — with TurboHome betting the same shift is coming for residential real estate... RSK: No doubt AI will take over some agent duties, especially for a second time buyer. But for more complicated transactions it has its limits to date. The thing that is worrisome here is commercial real estate usually follows residential so get ready CRE brokers. ![]() | ||||||||||||||||||||||||||||||||||||
Madison Lifestyle Office Portfolio | ||||||||||||||||||||||||||||||||||||
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. ![]() | ||||||||||||||||||||||||||||||||||||
Selective Capital Returning to Office in Strong Markets | ||||||||||||||||||||||||||||||||||||
![]() Capital favors trophy assets with strong tenantsCommercial real estate bidding reached its strongest monthly improvement in a year.
Remarkably, office is leading the recovery. For the first time since
early 2024, office overtook living properties as the most liquid CRE
sector. The shift points to a repricing actually happening in the office
market. Office buildings that seemed unbuyable two years ago are now
attracting serious institutional capital. Valuations fell far enough to
justify acquisition and capital is coming back in looking for good
deals... ...Full Story Here RSK: Office sales for investors are back but mainly for trophy or top tier ones. ![]() | ||||||||||||||||||||||||||||||||||||
Investors Associated | ||||||||||||||||||||||||||||||||||||
“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.” ![]() | ||||||||||||||||||||||||||||||||||||
Value-Add Buyers Bet on Deferred Maintenance Across Hotel Sector | ||||||||||||||||||||||||||||||||||||
![]() Investors bought hotels at a 28% higher pace in the first half of 2025
compared with the same period in 2024, according to MSCI. JMI Realty
paid roughly $100,000 per room for a 254-key Hilton Garden Inn in Austin
in June and plans to invest another $65,000 per key in renovations.
Park Hotels & Resorts sold a Hilton in Short Hills, New Jersey, for
$12 million in July, less than half the anticipated cost of required
property improvements. Acrophyte Hospitality Trust unloaded a Hyatt
Place in Memphis, Tennessee, for $6.9 million, a 10% discount to its
December valuation, citing mandated capital expenditures... RSK: Another sector that is rising from the ashes. ![]() | ||||||||||||||||||||||||||||||||||||
Commercial Brokers Group | ||||||||||||||||||||||||||||||||||||
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Madison Commercial Real Estate LLC | ||||||||||||||||||||||||||||||||||||
Let our years of experience help you find relief from this excess space and help your bottom line" Call Ralph Kamps 608-345-2880 ![]() | ||||||||||||||||||||||||||||||||||||
Kenosha area residents push for data center moratorium to pause proposed Microsoft development | ||||||||||||||||||||||||||||||||||||
![]() Microsoft purchased around 240 acres in early 2025 for a data centerSome Kenosha area residents are pushing for local officials to pause a proposed Microsoft data center development there. In early 2025, Microsoft announced the company had purchased around 240 acres in Kenosha for a data center development. The property is around eight miles southwest of the tech company’s data center campus in Mount Pleasant... RSK: Another data center battle in Kenosha this time. ![]() | ||||||||||||||||||||||||||||||||||||
CARW 2025 Events and Resources | ||||||||||||||||||||||||||||||||||||
![]() CARW Deal of the Year Awards and Annual MeetingOctober 28 @ 4:00 pm - 7:30 pm ![]() The Deal of the Year Awards & Annual Meeting recognizes the most notable commercial real estate professionals and transactions in Wisconsin. The awards event was created to highlight accomplished CARW REALTOR® members who have displayed exceptional achievement in sale and/or lease transactions. Submission categories include; Office, Industrial, Retail, Investment, Development, and more! Deals must have been completed between August 1, 2025 – July 31, 2026. ![]() | ||||||||||||||||||||||||||||||||||||
Knight Barry Title Group | ||||||||||||||||||||||||||||||||||||
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 ![]() | ||||||||||||||||||||||||||||||||||||
Fed Chair Warsh signals rate hikes may be needed with US inflation stubbornly elevated | ||||||||||||||||||||||||||||||||||||
In his first high-profile speech at the Fed’s annual conference in Jackson Hole, Wyoming, Warsh acknowledged that recent U.S. reports show that inflation has cooled a bit, but “they do not tell me that underlying trends have meaningfully improved.” “We must be confident that underlying inflation is moving to our objective, clearly and at sufficient speed,” Warsh said. “Otherwise, we have work to do.”... ...Full Story Here RSK: I highly doubt they will raise rates...just my guess. ![]() | ||||||||||||||||||||||||||||||||||||
Reinhart | ||||||||||||||||||||||||||||||||||||
With the largest Real Estate Practice of any law firm in Wisconsin, Reinhart offers clients custom-tailored real estate insight. ![]() | ||||||||||||||||||||||||||||||||||||
Title Companies Are Becoming Property Data Companies | ||||||||||||||||||||||||||||||||||||
![]() Every title insurance policy issued in the United States rests on a search. Before a policy gets written, someone has to establish who owns a property, what claims exist against it, whether prior transfers were valid, and what encumbrances survive the transaction. Title companies have been doing that work for well over a century, building the archives, indexing systems, and verification processes required to answer those questions reliably across thousands of counties with wildly inconsistent record-keeping practices. The result is one of the most comprehensive and rigorously maintained bodies of property information in the country, assembled originally as an internal cost of doing business... RSK: I know FAT here in Madison has a portal for commercial real estate that is very good. Give them a call if you want to get set up. ![]() | ||||||||||||||||||||||||||||||||||||
St. John Properties | ||||||||||||||||||||||||||||||||||||
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. ![]() | ||||||||||||||||||||||||||||||||||||
Trump: Communities that reject data centers will end up ‘backwards and poor’ | ||||||||||||||||||||||||||||||||||||
President Donald Trump on Monday again championed the spread of data centers despite growing bipartisan backlash ahead of the midterms in November.In a post to Truth Social, the president insisted data centers will lead to richer, more successful Americans and criticized those who object to them. “The only reason that communities throughout the U.S.A. should not want
Data Centers is if they want to end up being backwards and poor,” Trump said. “If we kill the Golden Goose, you will only have yourselves to blame.”... RSK: I think VP Vance hit the nail on the head. Increasing electric bills is the major craw followed by noise pollution and environmental concerns. ![]() | ||||||||||||||||||||||||||||||||||||
Park Towne Realty LLC | ||||||||||||||||||||||||||||||||||||
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. ![]() | ||||||||||||||||||||||||||||||||||||
North America Data Center Trends H1 2026 | ||||||||||||||||||||||||||||||||||||
![]() Construction Increases While Vacancy Falls to New LowOverviewChapter 1 Atlanta Data Center MarketChapter 2 Chicago Data Center Market Chapter 3 Dallas-Ft. Worth Data Center Market Chapter 4 Hillsboro, OR Data Center Market Chapter 5 New York Tri-State Data Center Market Chapter 6 Northern Virginia Data Center Market Chapter 7 Phoenix Data Center Market Chapter 8 Silicon Valley Data Center Market ...Full Story Here RSK: CBRE's study on the state of data centers. Very timely. ![]() | ||||||||||||||||||||||||||||||||||||
RASCW Events | ||||||||||||||||||||||||||||||||||||
![]() Preparing for January 1: Understanding the 2027 Practice Changes Thursday, October 29, 2026 (2:30 PM - 4:00 PM) (CDT) DescriptionJanuary 1, 2027, brings significant changes to Wisconsin real estate practice. Join WRA attorneys Cori Lamont and Jennifer Lindsley for an overview of the new statutory requirements created by 2025 Wisconsin Act 69 and the final REEB-approved WB forms implementing those changes. The program will review the new public marketing requirements, changes to seller-paid compensation, and technology-enhanced advertising rules, while highlighting the revisions to the listing contracts, buyer agency agreement, offers to purchase, and public marketing opt-out agreement. Whether you're looking for a refresher or preparing for implementation, this session will help you understand what changes on January 1 and what it means for your practice... ![]() | ||||||||||||||||||||||||||||||||||||
Mullins Group LLC | ||||||||||||||||||||||||||||||||||||
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The new Texas law declawing NIMBYs | ||||||||||||||||||||||||||||||||||||
![]() State lawmakers gutted an old Jim Crow-era state law that required a city council supermajority to approve a new housing development if neighbors petitioned the proposal.When a shrinking church proposed to turn its property in a wealthy South Austin neighborhood into homes for lower-income families, neighboring homeowners revolted — petitioning the Austin City Council to halt the project. Neighbors complained the 64-unit development — nestled in a desirable neighborhood just a block from the South Congress shopping district — would be out of character with surrounding single-family homes. The complex, they told city officials, would be too tall. The combination of new homes and a preschool planned for the site would jam up neighborhood streets with traffic, they argued. “Just because there is a developer willing to cram an absurdly out-of-scale project onto this site does not mean it's the correct or best project for this property,” one resident wrote to city officials... RSK: In Madison the NIMBY's have lost a little of their bark as noted by all the apartment complexes being constructed. But, they are still a force to be reckoned with. Often times their protest have actual good points in them for safety and aesthetic reasons not just personal gain. ![]() | ||||||||||||||||||||||||||||||||||||
Key Commercial Real Estate, LLC | ||||||||||||||||||||||||||||||||||||
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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... ![]() | ||||||||||||||||||||||||||||||||||||
Properties for Lease or for Sale By Company | ||||||||||||||||||||||||||||||||||||
Hovde & Hovde, IncABSTRACT Commercial Real Estate LLC ...Full Story Here ![]() | ||||||||||||||||||||||||||||||||||||
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![]() |