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Cresa Madison
613 Williamson Street, Suite 210
Madison, WI 53703
608.467.1513 tel
608.259.9114 fax


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


  • Downtown Madison Office Submarket

    Central Business District

    3,522,375 SF
    Avg. Lease Rate

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.


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.


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.


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.


Kevin Anderson Vice President 608.807.1286
Matt J. Apter Principal 608.467.1534
TJ Blitz, CCIM Principal 608.467.0116
Patrick Muranyi Advisor 608.467.0105
Josh Rikkers Principal 608.467.1513
Ross Rikkers Principal 608.467.1536
Tim Rikkers Principal 608.467.1535
Jeremy D Tunis, JD Vice President 608.204.7477
Kristi Warriner Business Manager 608.467.0720


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: 212 East Washington Avenue
4th Floor
Madison, WI 53703
10,250 SF $24.00 Gross
Sublease: University Research Park
455 Science Dr.
Suite 250
Madison, WI 53711
6,199 SF $18.39 Gross
Sublease: Network222
222 West Washington Avenue
Suite 470
Madison, WI 53703
3,980 sf $24.50 Modified Gross
Sublease: Paterson Building
211 South Paterson Street
Suite 380
Madison, WI 53703
4,145 sf $22.32 Modified Gross
Sublease: 465 Science Drive
465 Science Drive
Madison, WI 53711
29,500 square feet: 9,500 sq ft office; 18,000 sq ft lab; 1,500 sq ft support/storage Negotiable

Cresa Madison Blog

  • 7/6/2015Business Growth – Expansion, Termination and Renewal Rights: A Series in 3 Parts. Part Two: Termination
    By Tim and Ross Rikkers Planning for, accommodating and managing growth is amongst the most difficult elements of doing business.  Companies hire consultants to form strategic plans; they engage architects to optimize existing space; and they schedule executive retreats for visioning sessions.  But as happens all too frequently, the elephant in the room, impacting nearly [...] Read More
  • 5/6/2015Business Growth – Expansion, Termination and Renewal Rights: A Series in 3 Parts. Part One: Expansion
    By Tim and Ross Rikkers Planning for, accommodating and managing growth are among the most difficult elements of running a business. Companies hire consultants to form strategic plans; they engage architects to optimize existing space; and they schedule executive retreats for visioning sessions. But as happens all too frequently, the 800 lb. gorilla in the [...] Read More
  • 4/28/2015Ask Yourself the Right Questions About Your Office Space
    By Patrick Muranyi Two important questions to ask yourself when you are in the market for commercial space are:  How much space do I really need; and what type of space is going to best reflect my company? Obviously there is a physical limit to your size requirements, an absolute minimum amount of space that [...] Read More
  • 4/2/2015Why Do You Pay Rent for More Space Than You Occupy?
    By 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 [...] Read More
  • 4/1/2015Donald Trump Endorses Tenant Representation. ‘You’re Crazy to Go it Alone’
    Donald Trump, an entrepreneur best known as the owner of Trump Vineyard in Charlottesville,  Virginia and the skating rink in Manhattan’s Central Park, also owns various commercial rental properties, primarily along the Eastern Seaboard. Occasionally one can determine which properties are owned by Trump, as they frequently say “Trump” on them in letters that tend [...] Read More
  • 3/31/2015Go Ahead, Procrastinate on Your Lease. Your Landlord Will Love You
    By Kevin Anderson Pop Quiz:  How long before your lease expires should you start thinking about renegotiating your commercial lease or start looking for new space? If your answer is somewhere between one to six months, you are setting yourself up to be on the short end of the negotiating stick when it comes time [...] Read More
  • 3/24/2015Broker Secrets in a Tightening Market
    By Patrick Muranyi     The Madison real estate market is tightening up.  In broker speak we call this “positive absorption”.  Positive absorption is the adding of tenancy to the market, which drops the vacancy rate. In 2014, Class A office space in Madison saw a positive absorption rate of 61,532 square feet.  Class B [...] Read More
  • 3/18/2015How to get kids to eat healthy school lunches: hint – the answer is NOT just the food
    By Kristi Warriner When my oldest was a baby we moved to Milwaukee.  I needed to get a job and put her in daycare and the thought of leaving her all day killed me.  So instead of fretting about missing her while she was at the daycare,  I went to work  there.   As the [...] Read More
  • 3/2/2015Best year ever for Madison startup community reports Capital Entrepreneurs
    Is Silicon Valley moving to the Midwest? Okay, we may be getting ahead of ourselves a bit, but the Madison technology startup community is becoming the new, up-and-coming city for young entrepreneurs. Even better, the Madison technology startup community reveled in its best year of growth ever in 2014. Capital Entrepreneurs, an organization created five [...] Read More
  • 2/25/2015Fifty-Four entries advance to next round in 2015 Wisconsin Governor’s Business Plan Contest
    Fifty-four entries from 26 communities have advanced to the semi-final round of the 12th annual Wisconsin Governor’s Business Plan Contest. The contestants were selected from a field of 238 qualified first-round entries by an panel of more than 80 judges organized through the Wisconsin Technology Council, the Wisconsin Innovation Network and the Wisconsin Angel Network. [...] Read More
Cresa Madison Blog / Read More

Select Clients and Testimonials

Please email for a complete list of Cresa Madison clients.



   2014 CoStar Awards


                                                                                    Tim Rikkers

                                                                                    Top Office Leasing
                                                                                    Top Industrial Leasing

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 (


2011 CoStar Power Broker Award


Client Spotlight

3/10/15 Navitus pharmacy benefits management to open Phoenix office

3/3/15 Madison social media marketing firm Shoutlet raises $5 million

2/15/15 Wardbrodt Music Co. to move to Fitchburg

11/18/14 Gener8tor raises $2.2 fund to invest in start-ups

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

Contact us today to schedule a free consultation to determine what cost savings are available to your company. Please call us at 608.467.1513 Monday through Friday 8:00am - 5:00pm, or use the form below and one of our real estate experts will call you within 24 hours to answer your questions.

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