Wisconsin's Capital Markets Team

Reach out to learn more! Cushman & Wakefield | Boerke Wisconsin's Capital Markets Team

Wisconsin's multifamily market is thriving with steady demand, affordability, economic strength, and suburban growth. With tax advantages and a resilient workforce, investing in Wisconsin real estate means contributing to and benefiting from our state’s vibrant communities. Curious to learn more? Contact us to explore opportunities! Wisconsin's Capital Markets Team Cushman & Wakefield | Boerke

Last Tuesday, members of our team attended the NAIOP Wisconsin Capital Markets Update, where industry leaders gathered to share insights on the evolving investment landscape. Key topics included shifts in interest rates, investor sentiment across asset classes, and strategic considerations for 2024. Wisconsin remains a market to watch, with local dynamics offering unique opportunities in today’s complex environment. Our brokers weigh in on the current state of the Wisconsin investment market: “While investor caution persists, Wisconsin’s stable multifamily fundamentals and population growth in key cities are expected to support demand, potentially setting the stage for a rebound in transaction volume over the next few quarters.” — Steve Brunow “Capital markets are showing signs of gradual improvement as we enter 2025 with lending standards easing, yield spreads widening, and pricing slowly adjusting. With a soft landing in sight and recession fears easing, there’s growing optimism in the market.” — Kathryn Gremban For a deeper dive, check out our latest MarketBeat report for Q3—a comprehensive summary of Wisconsin’s market activity, trends, and opportunities: https://lnkd.in/gS33jr3n #WisconsinRealEstate #CapitalMarkets #MultifamilyMarket #NAIOP #CRE

Last week, we had the pleasure of hosting our 2nd Annual Bourbon Event at The Trade Hotel, celebrating the incredible relationships we've built with our clients. We're grateful for the trust and partnership that make these moments possible. Cheers to continued success and collaboration! ? #DeliveringResults #ClientAppreciation #CRE #CapitalMarkets #Milwaukee Cushman & Wakefield | Boerke

Presenting our Q2 2024 Investment Marketbeat! Here are some essential insights: 1.) Challenging Financing Environment Rising interest rates and stricter lending criteria have significantly decreased transaction volume year-over-year (YOY) in Wisconsin's investment real estate market. Investors face difficulties securing favorable loan terms, leading to more conservative strategies and longer negotiation periods. 2.) Popularity of Sale-Leasebacks Sale-leasebacks remain popular in the industrial sector as businesses seek to manage rising maintenance costs. This strategy provides immediate capital and stable long-term lease payments, appealing to both owner-users and institutional investors. 3.) Retail as the Preferred Asset Class Retail properties have become the preferred asset class among institutional investors in Wisconsin. High-quality retail assets in prime locations attract substantial investment due to their potential for steady cash flow and long-term appreciation, with confidence in sustained consumer spending and strategic value. For more information on the state of Wisconsin's investment market, contact our team: Benjamin Adank, David Tighe, CRE Advisor, Kathryn Gremban, Steve Brunow, Sarah Koenekamp, Scott Harford #capitalmarkets #investmentrealestate #wisconsin

We are excited to bring this three property Absolute Net Leased Industrial Portfolio to market. The portfolio, which can be sold as a package or individually, boasts long-term leases, annual rent increases and is 100% occupied to three different tenants. With over 277,000 square feet and a remaining WALT of over 9 years, the offering allows a new investor to take down a significant portfolio at an attractive basis. Reach out to David Tighe, CRE Advisor for more information.

Presenting our Q2 2024 Industrial Marketbeats! 3 Things to Know about the state of Milwaukee’s Industrial Market: 1.)??Leasing Activity Remains Strong: Year-to-date overall leasing activity (new leases and renewals, in total SF) has increased 17% year-over-year (YOY). New leasing activity alone has increased 16% YOY, keeping the region’s overall vacancy rate low at 3.7%. 2.)??Speculative Construction Pipeline Slowdown: With no new deliveries in Q1 or Q2 2024, this marks the first stretch of two consecutive quarters without speculative construction deliveries since early 2013. 3.)??Capital Markets Coming Back to Life: Q2 saw two large transaction volume deals, including STAG Industrial’s $16.0M acquisition of Wangard Partners’ Sussex speculative project, fully leased up by Cushman & Wakefield | Boerke advisors. OpenPath Investments also completed a $9.9M sale-leaseback in Milwaukee facilitated by Cushman & Wakefield | Boerke’s Wisconsin's Capital Markets Team. For more on the Milwaukee Industrial Market: https://lnkd.in/ggmXtTx7 3 Things to Know about the state of Madison’s Industrial Market: 1.)??Lack of Class A Space: Only one Class A building in Dane County offers more than 50,000 SF of available space. With developable land scarce, demand continues to outpace supply. Of the two speculative projects under construction, one is already fully pre-leased. 2.)??Growing Economy Fueling Industrial Market Growth: Metro Madison’s economy continues to grow, with Dane and Rock Counties experiencing 2.0% population growth since 2020. This growth has contributed to the ongoing demand for new industrial space. 3.)??Owner-User / BTS Construction Strong: There has been 979,988 SF of owner-user/BTS construction delivered so far in 2024. Additionally, 712,291 SF is currently under construction, driven by economic growth, particularly in the manufacturing sectors. For more on the Madison Industrial Market: https://lnkd.in/g6wDQ_U2 #IndustrialData #LogisticsandManufacturing #Q2Stats #CommericalRealEstate

As we move into the second half of 2024, our team continues to deliver exceptional results. We are thrilled to announce the successful sale-leaseback of the property located at 5701 & 5801 Manufacturers Drive, Madison, WI. Congratulations to all parties involved in this transaction! For more details, contact Kathryn Gremban and Robert O. Fulford II #CapitalMarkets #Madison #SaleLeaseback #CommercialRealEstate

We are thrilled to announce the successful closing of a 211,000 SF industrial sale-leaseback for $9.9 million located at 620 E Vienna Avenue in Milwaukee, WI. Congratulations to our client and the buyer on this significant transaction! Reach out to Benjamin Adank and Lindsey Coakley for more details! #capitalmarkets #wisconsin #commercialrealestate #saleleaseback

Now Booking Tours of the West Bend Terrace Apartments! The property features a mix of 1-bedroom and 2-bedroom units, totaling 64 units, with 48 of them recently updated to offer modern amenities such as stainless-steel appliances, granite countertops, and new flooring throughout. Additionally, the property presents a new owner the ability to assume a below-market loan through Fannie Mae's small balance loan program, featuring a favorable 3.40% interest rate, 30-year amortization period, and maturity date in 2030.? ? Want to know more? Reach out to David Tighe, CRE Advisor or Steve Brunow to schedule your tour today