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Cresa Madison
613 Williamson Street, Suite 210
Madison, WI 53703
608.467.1513 tel
608.259.9114 fax
Email
Map/Directions

Contacts

Matt J. Apter
Principal
Email
608.467.1534 tel
TJ Blitz, CCIM
Principal
Email
608.467.0116 tel
Josh Rikkers
Principal
Email
608.467.1513 tel
Ross Rikkers
Principal
Email
608.467.1536 tel
Tim Rikkers
Principal
Email
608.467.1535 tel

Madison

  • Downtown Madison Office Submarket

    Central Business District

    Supply
    6,392,862 SF
    Vacancy
    8.4%
    Absorption
    51,338
    Avg. Lease Rate
    $18.22

We are a team of commercial real estate experts devoted to ensuring commercial tenants receive conflict free, tenant-focused advice. Our experienced advisors understand that your commercial office space lease has a profound impact on your organization’s operations and profitability. We talk business before we talk real estate and, unlike a traditional brokerage firm, we only represent tenants.
 

Regardless of whether or not you require a single office to lease or an entire office building for rent, Cresa can handle your requirement. We excel at creating leverage among landlords and winning the best possible terms for your business office lease.

The supply of commercial space for lease in Madison is in constant flux; we take pride in knowing the market and delivering expert advice to our clients free of the conflicts of interest inherent in traditional brokerage firms.

MISSION

Our mission is to provide customized solutions exclusively for corporate space users by offering fully integrated services that align their real estate needs with their business plans, delivering maximum cost savings and exceeding expectations.

VISION

Our vision is to be the exception in the commercial real estate industry: A company that is service-oriented rather than transaction-oriented, with advisors who are client focused not deal focused.

VALUES

We are guided by the concept, “Do the Right Thing,” both internally and externally. We will always do what is right for the client’s best interest and put that interest before our own. We treat our clients and employees with respect, dignity and fairness in all matters.


People

Kevin Anderson Advisor 608.807.1286
Matt J. Apter Principal 608.467.1534
TJ Blitz, CCIM Principal 608.467.0116
Patrick Lonergan Business Manager 608.467.0720
Mark Pucci Senior Advisor 608.467.0105
Josh Rikkers Principal 608.467.1513
Ross Rikkers Principal 608.467.1536
Tim Rikkers Principal 608.467.1535

News

Success Stories

Client Location Sq. Footage
A Woman's Touch Madison, WI  5,247 
Ale Asylum Madison, WI  50,000 
Luminex Madison, WI  35,000 
Navitus Health Solutions Austin  13,118 
Sub-Zero/Wolf - US Portfolio Madison, WI  2,300,000 

Subleases & Sales

Property Available Space Rental Rate
Sublease: The Harvester Building
301 S. Blount Street
Suite 100
Madison, WI 53703
2,127 SF $4,500/Month
Sublease: City Center West
525 Junction Road
8th Floor
Madison, WI 53717
7,468 SF $16.00 NNN
Sublease: One Financial Place
8215 Greenway Blvd.
Suite 340
Middleton, WI 53562
6,386 SF Negotiable
Sublease: Deming Plaza
918 Deming Plaza
3rd Floor
Madison, WI 53717
4,000 SF (divisible) Negotiable
Sublease: Forward Drive
815 Forward Drive
Madison, WI 53711
13,880 SF $10.00 Gross + Janitorial
Sublease: Machinery Row
613 Williamson Street
Suite 209
Madison, WI 53703
$250-$300/month
Sublease: 212 East Washington Avenue
4th Floor
Madison, WI 53703
10,250 SF $24.00 Gross
Sublease: 2912 Marketplace Dr.
2912 Marketplace Dr.
Fitchburg, WI 53719
4,000 SF $4,000/Month
Sublease: 10 E. Doty Street
Suite 509
Madison, WI 53703
1,080 Negotiable

Cresa Madison Blog

  • 3/26/2014How do you reduce occupancy costs without moving?
    (By Tim Rikkers) Tenants who represent themselves fail to take full advantage of an opportunity to reduce lease costs and increase profitability. Engaging a qualified real estate professional is the best way to ensure that a lease renewal or renegotiation reflects market conditions. Our research indicates that a professionally represented tenant negotiates leases that are [...] Read More
  • 2/28/2014Why do you pay rent for more space than you occupy?
    (By Tim and Ross Rikkers) Very few commercial real estate concepts are as misunderstood by tenants, and real estate professionals, as the measurement of office space square footage for the purpose of calculating rent.  The formula to determine the amount of rent in most office leases incorporates the following two factors:   1.     Useable Square Footage - [...] Read More
  • 1/28/2014Tenant Representation – Explained
    (By Tim and Ross Rikkers) “Tenant Representative”: A leasing specialist whose responsibility, as an advocate for the tenant, is to negotiate the most favorable terms and conditions available in the marketplace without conflict and to align the aspirations and motivations of their client with the final results of the commercial real estate transaction.   An [...] Read More
  • 11/19/2013What is the significance of the “Use” clause in a lease?
    (By Ross Rikkers) The “Use” clause of a lease defines the manner in which a Premise may be used.  The clause, while often overlooked or taken for granted, can have significant implications on a tenant’s current and long-term flexibility. Three of the principal considerations regarding Use are: zoning, subleasing options and exclusivity.  These considerations are [...] Read More
  • 10/22/2013Commercial Real Estate Jargon 101: “Capital Expenditures”
    (By Tim and Ross Rikkers) Capital Expenditures are generally defined as a business expense incurred to create future benefit. In commercial real estate, Capital Expenditures are generally related to material improvements or upgrades to a property such as new machinery or equipment or upgrades to existing facilities as these acquisitions will have a useful benefit [...] Read More
  • 10/3/2013New Feature – Office Space Calculator!
    Each tenant’s needs are unique. Use this link to project your space needs.       Read More
  • 9/6/2013“What if I don’t want to move? Do I need still need a tenant broker?”
    (By Tim Rikkers)   Unless your existing space simply cannot support your operations or has otherwise become a detriment to your success, a lease renewal is something you should always consider in parallel with a search of alternative properties because there are few things as disruptive to your business as a relocation and the costs [...] Read More
  • 8/22/2013“What is the Venture Capital Bill?”
    (By Ross Rikkers) In July, Governor Walker signed the Wisconsin Venture Capital Bill.  The new bill will inject $25 million into Wisconsin startup companies in a variety of industries, including agriculture, advanced manufacturing and information technology. Startup companies are expanding – raising funds and hiring more employees.  The increased variety and quantity of startups in [...] Read More
  • 7/15/2013“With all the information available online, why should I hire a commercial tenant advisor; can’t I just search for properties on my own?”
    (By Tim and Ross Rikkers) While the number of landlords and landlord-brokers listing their available properties online continues to grow, a dedicated commercial tenant advisor, like Cresa, offers companies numerous advantages over the “go-it-alone” approach: Market Knowledge - Cresa has detailed knowledge of the Madison marketplace, including available properties that are not actively listed, properties that [...] Read More
  • 6/25/2013Relocation Strategies
    (By Ross Rikkers) Relocating your company to a new office space can seem a daunting task; however, with the proper preparation and qualified third-party vendors, the relocation process can be substantially simplified. As with most things, getting started early can alleviate many possible headaches down the road. Many Tenants create a “Relocation Checklist” to help [...] Read More
More from Cresa Madison Blog

Select Clients and Testimonials



Please email madison@cresa.com for a complete list of Cresa Madison clients.

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Awards

2013 CoStar Awards



2013 Commercial Brokers Group Deal of the Year - Investment (WTS Paradigm)

2013 Watkins Survey

2012 CoStar Awards


 

2012 Commercial Brokers Group Deal of the Year - Office (Navitus Health Solutions)

 

2012 Commercial Brokers Group Deal of the Year - Retail (A Woman's Touch)

 

2011 Commercial Brokers Group Deal of the Year - Industrial (Ale Asylum Brewery)

 

2011 Commercial Brokers Group Deal of the Year - Retail (Amazon.com/Shopbop)

 

2011 CoStar Power Broker Award

 

Cresa Coworking

Client Spotlight

 

2/25/14 Phoenix Nuclear Labs makes its first commercial sale

2/20/14 AquaMost raises $1.3 million

2/17/14 Nelson Schmidt revitalizes Wisconsin Avenue building

2/16/14 Bendyworks co-founder Brad Crzesiak creates software shaped to meet a company's needs

2/14/14 EatStreet has raised $3.7 million from outside investors

1/31/14 Kickstart your day at Johnson Public House

1/31/14 Wausa-based probiotics maker UAS sets up Madison office

1/30/14 Top Beers, Brewers, New Brewers By Subregion

1/19/14 Executive Q&A: Opening the door on windows

1/07/14 Tech incubator, gener8tor, names its winter class of startups

10/28/13 Seeking to attract new tech talent, Strive opens office on Madison's Capitol Square

9/25/13 Irish biotech startup chooses Madison for U.S. headquarters

7/20/13 The Art Commission draws more investors

7/11/13 Cellular Dynamics International provides details of its IPO

6/28/13 Asthmapolis scores more funding and a national award

6/19/13 Madison entrepreneur lands $700,000 in seed funding for new social networking site

6/13/13 Pro Golfer Andy North among new investors in Kayo Technology Inc.

5/14/13 Wisconsin embraces fermentation craze

5/13/13 Colorado tech product company opens branch in Middleton

5/8/13 Masters of the Game: Ronin Studios creates computers games that make training fun

5/3/2013 SHINE Medical Technology reaches key milestone

3/21/13 Cellular Dynamics awarded $16M grant from California institute

3/2/13 Stamp Rocket Brings Simple Task Automation to iPhone, iPad

2/18/13 Testing 1, 2, 3: SHINE makes progress at demonstration facility

1/18/13 Cellular Dynmaics to add GMP process

1/8/13 Gail Ambrosius named one of top 10 chocolatiers in North America

12/28/12 E-cigarettes not just a fad for Johnson Creek Enterprises

12/10/12 AquaMost - A New Way of Cleaning Up Dirty Fracking Water

12/1/12  New indoor baseball facility CIBA joins others in Middleton

11/27/12 Ale Asylum starts bottling beer at new brewery

10/24/12 Cellular Dynamics awarded $7M contract from NIH center

10/23/12 Phoenix Nuclear Labs gets 2 Army contracts

10/4/12 FDA Clears Echometrix to market its ultrasound technology

9/20/12 Property Trax: Energy Center of Wisconsin will move to 100 million University Crossing site for its green features