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January 2016 Newsletter

FEATURED TENANT

Exact Sciences Laboratories, LLC

Based in Madison, WI and established in 1995, Exact Sciences’ focus is on the eradication of colorectal cancer through early detection using their revolutionary product Cologuard, the first and only FDA approved stool DNA noninvasive colorectal cancer screening test capable of identifying 92% of cancers.


FEATURED PROPERTY

6115 Pepsi Way, Burke WI

This 50,000 sf multi or single-tenant industrial building features a pre-engineered metal building construction, a ~1,500 sf office build-out with load bearing mezzanine, 8 loading docks and frontage on interstate 39/90/94.

6115-6129 Pepsi Aerial 26115-6129 Pepsi Aerial

 

 

 

 

For Lease: 11,167-33,000 sf of industrial/warehouse space with easy access to Interstate 39/90/94 via Highway 19. Available space has four (4) loading docks, a sprinkler system, partial air conditioning, and options to add drive-in-doors/office space.

 

Date Available: Immediately
Lease Rate $3.75 / sf NNN
2016 NNN: ~$1.27 / sf (Budget)
Loading Docks: 4
Drive-In-Doors: 0 (can be added)
Ceiling Heights: 20’+
Office Space: BTS
Sprinkler: Yes
Other: Tenant also responsible for trash service, utilities, in-suite maintenance and janitorial
Contact: Paul Molinaro


TENANT NEWS

adpressAdvertisers Press continues to be the largest state certified woman-owned business in Dane County, and one of the leading in the State of Wisconsin. Founded in 1948 by Sam Nuzzo and lead today by Linda and Bill Wild, Advertisers Press offers a full range of commercial printing services from prepress to press, through bindery and delivery, all with mid-western family values.
mcmThe Madison’s Children’s Museum American Girl Benefit in July 2015 raised over $900,000 for its 28th anniversary thanks to 350 volunteers and 6,000 shoppers. Proceeds benefit the museum and the American Girl’s Fund for Children. Over $21 million has been raised over the past 28 years, benefiting children in Dane County. Show your support and don’t miss the 2016 Benefit.

abcsupplyABC Supply Company, headquartered in Beloit, WI, recently acquired Norandex adding 103 locations to their supply roster. The nations largest wholesale distributor of exterior building products, ABC now has over 600 locations in 49 states and the District of Columbia.
Windsor-based athletic apparel producer Kollege Town Sports was acquired by Riddell, a sports equipment company headquartered in Rosemont, Illinois. Kollege Town continues to offer its same services under the same leadership out of Windsor in addition to its comprehensive online store.

krogerRoundy’s, a Milwaukee based chain founded in 1872, became a subsidiary of Kroger with the completion of a merger on December 18, 2015. Together they will operate 2,774 supermarkets and employ over 422,00 associates across 35 states and the District of Columbia.
QuincyMadison-based biotechnology company Quincy Bioscience Manufacturing announced that Prevagen was the recipient for the 2015 Vity Award for best brain support formula. Prevagan contains a protein originally discovered in jellyfish proven to show improvements in cognition and memory.


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eagle optics30 yeras


WELCOME NEW WELTON TENANTS

CarX Tire & Auto
Champions International Baseball Academy, LLC  (CIBA)
Exact Sciences Laboratories, LLC
Interfuse, LLC
Madison Granite, LLC
Nedrebos Formalwear
Wal-Mart Stores East, LP


 CONGRATULATIONS BUSINESS PARTNERS

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 Executive Choice Awards

Smith & Gesteland – Accounting Firm (Winner)
First Business Bank – Bank [for Business] (Winner)
Makin-Hey – Website Development Company (Finalist)
Monona State Bank – Bank [for Business] (Finalist)
Morgan Stanley – Wealth Management Firm (Finalist)
Murphy Desmond – Law Firm (Finalist)
Ideal Builders – Commercial Builder (Finalist)
Eppstein Uhen Architects – Commercial Architectural Firm (Finalist)
OlsonToon – Commercial Landscaper (Finalist)


WELTON NEWS

Have you seen our new website? Go to www.buildtosuit.com today and you will find it now includes an interactive Google map with more details about each property including tons of photos. Other new additions to the site include a News section and a historical “Journey” of our Silicon Prairie™ project. We want to thank Makin-Hey for all their hard work putting this new site together!

LinkedIn Post


COMMUNITY EFFORTS

July 8, 2015 a benefit was held in support of Our Lady of Hope Clinic at the Badger Bowl raising over $4,000. Sponsored by Kurt Welton and Welton business partners (listed below), the benefit included a free concert featuring W.C. Clark, free bowling and raffle drawings for items donated by Welton business partners (listed below). Our Lady of Hope Clinic is a free primary medical care clinic for uninsured men, women and children that offers walk-in appointment times for recipients four days a week; effectively eliminating the need for those without insurance to wait weeks, or longer, to see a doctor.

Event Sponsors and/or Donators of Raffle Prizes


CLA LogoClean Lakes Alliance is dedicated to the improvement and protection of the lakes, streams and wetlands in the Yahara Watershed. Through community support, advocacy and education, CLA is working to restore and protect our lakes for future generations. Welton supported this organization via donated space.
Domestic Abuse Intervention Services offers crisis intervention and community education/ prevention programs, including a 24-hour Help Line, programming for children from violent homes, legal advocacy, support groups, emergency safety planning and the only domestic violence shelter for all of Dane County. Welton supported this charity with a holiday donation.

habitat for humanity restore logoHabitat for Humanity Restores are nonprofit home improvement stores and donation centers that sell new and gently used furniture, home goods, building materials and appliances at a fraction of the retail price. The Habitat ReStore helps Habitat for Humanity of Dane County fund the construction, rehabilitation or repair of affordable homes locally in Dane County. Welton supported this charity via donated space.
Habitat for Humanity of Dane County “is a Hand Up not a Hand Out.” Habitat builds and rehabilitates simple, decent houses with the help of the partner families. Habitat homes are sold to partner families at no profit, financed with affordable, no-interest loans. The homeowners’ monthly mortgage payments are used to build more Habitat houses. Welton supported this charity with a holiday donation.

Porchlight, Inc. strives to decrease the homeless population by providing shelter, housing, supportive services and a sense of community in ways that empower residents and program participants to positively shape their lives. Welton supported this charity with a holiday donation.
Second Harvest Foodbank of Southern Wisconsin is a hunger-relief charity whose goal is to make sure everyone in southwestern Wisconsin has enough of the right kinds of food to live a happy and healthy life. Welton supported this charity with a holiday donation.
St. John Leonardi Pharmacy & Resource Family Life Center is a non-profit organization and was supported by Welton via donated space.

St Marys Pine BluffSt. Mary Pine Bluff Catholic Church is a faith-filled community rooted in the Catholic Tradition, dedicated to the discipleship of Christ. Through their actions of worshiping, teaching and serving, they continue to build a diverse community of love for God and for the members of St. Mary. Welton supported this organization via donated space.
St Pauls Catholic CenterSt. Paul’s University Catholic Center primarily exists to promote the spiritual welfare and moral and intellectual development of the Catholic students (and faculty) attending the University of Wisconsin – Madison and to provide similar services to other college students who live and study in the Madison area. Welton supported this organization via donated space.


SUMMARY FROM OUR STAFF

Unfortunately I cannot open this paragraph with a note about the Packers’ upcoming appearance in the Super Bowl; however, as the best franchise in all of professional sports I’m sure we will be on the Super Bowl path again next year!  Aside from the disappointing Packers loss we have a lot to be grateful for at Welton.  While 2014 marked the best year in the company’s history by deal volume, 2015 marked the highest portfolio wide occupancy percentage we have achieved in over 15 years by ending the year with over 97% of our spaces occupied.  Not only have we achieved a high occupancy, we have seen more confidence in the market over the last 12-24 months than we have seen since prior to the recession.  This confidence is marked by longer lease term commitments, capital investments in expansion, etc. This further adds stability to the Welton portfolio.

2016 is looking like another great year and we are excited to see what new milestone(s) we can achieve as a company.  We have several new developments in the planning stages, are continuing to realize our strategic company goals and continue to look for ways to give back to the community through various charitable organizations.  None of this would be possible without the two main factors to our company’s success: our fantastic team and our roster of incredible tenants.  We have worked diligently over the last few years to get us to this point and it was truly a team effort that would not have happened without the significant contributions made by each team member.  Additionally, we feel that we have one of the best, if not the best, tenant rosters in the marketplace.  We owe a lot of our success to the success of our tenants and we would not be where we are today without such great business partners!

We hope everyone has a very prosperous 2016!

All the Best,

Paul Molinaro
Business Development Manager
Welton Enterprises, Inc.

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P.O. Box 44580 Madison, WI 53744-4580 | Phone: (608) 833-5590 | ©2015 Welton Enterprises, Inc. | Disclaimer | Links