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The Wisconsin Department of Safety and Professional Services announced Thursday new state safety codes for electrical and plumbing work.  

The new plumbing and electrical codes will be published June 29 and take effect Sept. 1. 

“State codes are vital public safety tools, and these code updates will improve the safety of future commercial and residential buildings across Wisconsin,” DSPS Secretary Dan Hereth said in a statement.  

The update to Wisconsin’s plumbing code addresses inconsistencies between the state plumbing code, other DSPS rules and some national standards DSPS has adopted. 

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RSK: This affects commercial properties as well. Join Smart Growth Madison to help stay on top of this and other important issues.

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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.

The city of Madison held a virtual public information meeting on its data center moratorium late Wednesday afternoon — a moratorium that buys the city staff some time to amend its zoning code to regulate future data centers, especially proposals to develop the increasingly controversial hyperscale data centers.

Following an informational presentation in which city staffers outlined the process for enacting a land-use ordinance to regulate data centers, Christie Baumel, deputy mayor for housing and sustainability, and other city officials fielded questions from the public and indicated there would be several more opportunities for public input as 2026 unfolds.

While the ordinance will cover data centers of varying sizes, much of the attention focused on regulating the large facilities that accommodate artificial intelligence applications but also can strain energy and water use, emergency services and air quality.

“We realize that our regulations don't reflect current best practices and how this industry is evolving,” Baumel said. “We needed time to update our code to make sure we're managing the potential impacts the best that we can.”

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RSK: 10,000 sf is small for a data center....and I think it would take a year to get all approvals to build something larger. What I do like is the data center would have to supply its own power source.

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“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.”

A San Gabriel Valley city has passed the nation's first permanent citywide data center ban by a wide margin. 

More than 86% of voters in Monterey Park voted in favor of the ban as of midday Wednesday. 

The ban, called Measure NDC, prohibits data centers within city limits. Only another citywide vote could overturn it. 

Popular sentiment has been building against data centers in the San Gabriel Valley broadly and especially in Monterey Park, where Australian asset management company HMC Capital had proposed a 250K SF data center project.

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RSK: Imagine that... California City first to ban data centers yet home to Silicon Valley.

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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.

Three Amazon engineers publicly called for oversight of large-scale data center construction as their employer cuts jobs to fund AI infrastructure

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RSK: You know Dane County has put a moratorium on land use for data centers to review all the energy and environmental usage of the center.....we are ahead of the game.

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The open-plan office reckoning has been well documented. Over the course of a decade, the commercial real estate and workplace design industries accumulated substantial evidence that stripping away private space in the name of collaboration and cost efficiency had created environments that were too loud, too distracting, and too poorly suited to focused or confidential work. The response has been a gradual but meaningful shift in how offices are designed. More acoustic zoning, more access to enclosed space, and the widespread adoption of privacy pods and phone booths that give workers a quick retreat without requiring a trip to a conference room. That conversation has been largely confined to the commercial office world. It is now beginning to happen in healthcare, where the noise problem is older, better documented, and considerably more consequential.

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RSK: Having just gone through chemo, I can tell you that privacy is a major concern at UW Carbone Cancer Center. Closable glad door panels in the cubes make a lot of difference.

 Madison Mallards Game – CBG Summer Social

     Wednesday, July 22
     6:00 PM
     Madison Mallards Baseball Game
    Warner Park: 2920 N Sherman Ave, Madison, WI 53704

Join us for a fun summer evening of baseball, networking, and socializing at the Madison Mallards game! Enjoy a night at the ballpark with fellow members, sponsors and colleagues.

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Commercial real estate is not short on AI enthusiasm. Walk through any industry conference, read any proptech publication, or sit in on any technology vendor presentation and the message is consistent: AI is transforming the way buildings are managed, deals are underwritten, and portfolios are operated. That enthusiasm is reflected in adoption numbers that have climbed rapidly across the industry. 

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RSK: I think this is mostly true but here in Madison, our agents seem to have a higher skill set to go beyond the basics....just saying.

Ken Notes: I now use AI daily. The improvement in the last 6 months is exponential.

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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.

Four Corners Property Trust agreed to acquire up to 102 veterinary properties from Shore Capital Real Estate Partners Fund I for up to $268 million. Mission Pet Health, a Shore Capital Partners portfolio company that operates over 930 veterinary locations nationwide, will remain tenant under the triple-net leases. The transaction is expected to close in early third quarter of 2026, subject to due diligence and standard closing conditions.

The properties sit under two master leases covering 100 locations plus two individually leased sites, with approximately 10 years of remaining term and annual rent escalations averaging over 2.0 percent. Initial cash rent totals approximately $17.33 million, which includes contractual rent increases scheduled for September 2026. FCPT reported EBITDAR coverage averaging over 6.0 times across the portfolio. The company plans to fund the acquisition with cash on hand and its undrawn revolving credit facility.

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RSK: This is nothing new. My previous Vet Clinic was bought out a few years ago by a REIT. It is hard to find a Vet Clinic that isn't owned by someone else.

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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

The 1031 exchange has been the backbone of the commercial real estate sales market for decades, allowing property sellers to avoid paying taxes if they can secure another deal to invest their gains into within 45 days.

But in an era where the macroeconomic outlook seems to shift by the day — and interest rates refuse to come down — the six-week window has become a major problem for executing these deals.

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RSK: A DFST may be the route to go if a standard 1031 is not available. Read about them here.

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

Student housing has always been easy to underestimate. For most of its history as a distinct asset class, it was defined by proximity to campus and not much else. The amenity package was an afterthought. The design was generic. The assumption baked into nearly every development decision was that students would tolerate whatever they were given because their options were limited and their stay was temporary. That assumption has been wrong for a while, and the wave of new student housing breaking ground in 2025 and 2026 makes the case conclusively. What is being built right now isn’t an incremental improvement on the last generation of off-campus housing. It is a fundamentally different product, one that treats students as discerning consumers with sophisticated expectations and designs explicitly around their actual lives.

The luxury baseline has moved considerably, and the amenity packages being delivered across the current development pipeline reflect how far the category has come...   ...Full Story Here

RSK: It means much higher rents with some amenities you probably will hardly use.

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Market conditions shifted in 16 out of 35 major U.S. markets, with most moving from tenant-friendly to more neutral or more landlord-favorable conditions, according to the brokerage’s annual Waypoint: Global Industrial Dynamics report. 

The shift comes as logistics operators pivot to a business model where “uncertainty is now embedded in day-to-day operations,” with the ongoing conflict in the Middle East presenting the most immediate pressures on global demand for space as fuel and transportation costs soar and shipping routes are disrupted, the report’s authors wrote. 

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RSK: Not much spec construction in this sector so demand is outpacing supply making things favorable for landlords.

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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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RSK: A slow Memorial Weekend for the sector but a major bounce back after that. Seems oil and gas prices are not stopping people from vacationing at their favorite motel/hotels.

2026 Cindy Strange Memorial Golf Outing

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

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Employers report higher property taxes—and back eliminating Wisconsin’s income tax

MADISON – A majority of Wisconsin employers say the state’s business climate is headed in the wrong direction, with their responses underscoring growing concerns about taxes and the state’s workforce, according to the latest Wisconsin Employer Survey. Wisconsin Manufacturers & Commerce (WMC) – the combined manufacturers’ association and state chamber of commerce – conducts the survey twice a year to gauge top issues facing the state’s business climate and economy.

Over half of the nearly 200 respondents (56 percent) said Wisconsin is headed in the wrong direction when asked, “Would you say that things here in Wisconsin are headed in the right or wrong direction?” Similarly, when asked, “How do Wisconsin’s state and local taxes impact your company’s ability to compete with businesses in other states,” 51 percent said taxes weaken their competitiveness, while just 6 percent said they improve it.

Concerns about Wisconsin’s tax environment were reinforced by property tax trends. A staggering 71 percent of respondents reported an increase in their property tax bill for owned or leased commercial property over the past year, while less than 1% saw a decrease.

“It’s no wonder employers say Wisconsin is headed the wrong way: we’re already among the highest-taxed states in the nation, with top-10 individual and property tax burdens and a top-12 corporate tax burden,” said Kurt R. Bauer, WMC President/CEO. “Property taxes are a punishing fixed cost, owed whether a business is just starting out, expanding, or struggling. With Governor Evers’ 400-year autopilot increase, Wisconsin is on track to climb even higher.”....

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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 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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