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Welton Newsletter October 2019

FEATURED TENANT

Established in 1961 and headquartered in Windsor, WI, Diesel Forward, Inc. is the nation’s largest distributor of aftermarket diesel engine fuel systems and technical components. From top brands to re-manufactured parts, they supply diesel power products and support services that keep your vehicles and equipment running like new.


FEATURED PROPERTY

SILICON PRAIRIE™

Silicon Prairie™, one of Madison’s newest mixed use business parks, is located on the west side of Madison at the intersection of Mineral Point Road and South Point Road and has only a little over 35 acres of available land remaining for office and light industrial development. With protective covenants in place you can rest assured that each property will be developed with an eye towards long term value and constructed to environmentally sustainable standards. Contact Paul Molinaro for more information.

Silicon Prairie™ is already home to Full Compass SystemsExtreme Engineering SolutionsProductive Programming, Inc.Coated Metals GroupAcademy for Little Learners and a 286 unit Legacy Apartment complex developed by The McKenzie Company. Contact Paul Molinaro for more information.


TENANT NEWS

Middleton company ACS was named a ‘Top Workplace’ of 2019 by the Wisconsin State Journal. The title is awarded to companies based on anonymous employee feedback, calculated using a third party provider (Energage). ACS is an equipment, controls and facility solutions provider and employs nearly 100 people, most of whom have extensive education, half of whom have been with the company for more than 10 years. 
Madison Children’s Museum received the Gold Award for Best Museum in Madison Magazine’s “Best of Madison 2019” – their [38th] Annual Readers Poll which brought in 180,000 total votes.  The Children’s Museum contains exhibits on the arts, sciences, history, culture health and civic engagement and operates in a LEED (Leadership in Energy and Environmental Design) Gold Certified building in downtown Madison, WI. 


Exact Sciences opened a new 169,000 square foot clinical laboratory and warehouse on Madison’s west side in June 2019. The new facility reflects the company’s continued expansion and growth and is just one part of their campus, which also includes a newly renovated office building, a cafeteria and employee amenities building, a 970-stall parking garage and additional production and manufacturing space. Exact Sciences is a biotechnology company focused on delivering life-changing innovations in earlier cancer detection.


Prevagen is now pharmacists’ #1 product of choice for memory support. Pharmacy Times annually surveys tens of thousands of pharmacists across the country to determine the top recommended brands across several different health areas, and 2019 results showed 72% of recommendations were for Prevagen for memory support. Prevagen is a dietary supplement formulated with apoaequorin (pron. ‘a-po-ah-kwor-in’) which is patented by Quincy Bioscience for use in a variety of products to support cognitive function. Prevagen is available over-the-counter without the need for a prescription and can be found in over 50,000 stores across the country.


WELCOME NEW WELTON TENANTS


CONGRATULATIONS BUSINESS PARTNERS

IBMadison_masthead (1)

 2019 InBusiness Commercial Design Awards

Eppstein Uhen Architects
Most Innovative Green Solutions: American Family Insurance (The Spark)
Best New Development or Renovation–Heath Care: WI Institute of Urology
Best New Development or Renovation-Mixed Use: Goodman Community Center (Brassworks)


Celebrating 20 Years 1999-2019

Burse Surveying and Engineering, Inc.

Owner Michelle Burse, a Madison native and University of Wisconsin Engineering graduate, founded the company when women in civil engineering fields was still unfamiliar and 20 years later she maintains steady growth within the company, a strong loyal client base, and active involvement in many local development projects including The James (top left) and “The Hub” Madison (top right.) Burse Surveying and Engineering is certified as a Disadvantaged Business Enterprise (DBE) for the Wisconsin Department of Transportation and Milwaukee County and as a Small Business Entity (SBE) by the City of Madison and Dane County. The company also is certified by the Wisconsin Department of Commerce as a Woman-Owned Business Enterprise (WBE).

(Above) Burse Surveying and Engineering, featured by IB “On the Job,”demonstrates how land surveyors determine placement of roads, pipelines, structures (e.g., fire hydrants), fence lines, and property boundaries on build sites.


While working in Silicon Prairie™, a Welton owned mixed-use business park in Madison, DRS Asphalt was highlighted by WKOW in July 2019 for their diligence to work through the heat and extreme conditions that summer weather subjects them to as a result. Crews are shown spreading asphalt that can reach 300-350 degrees Fahrenheit. “If you really need to, we go sit in a truck and cool down, you try not to really go from extreme highs to extreme lows,” said DRS General Manager Josh Strassman.


WELTON NEWS

NEW TO WELTON’S WEBSITE WWW.BUILDTOSUIT.COM
TENANT MAINTENANCE REQUEST

Tenants can now submit maintenance requests through our website! Go to https://buildtosuit.com/ and click on Maintenance Request in the upper right corner, or select Tenant Services from the Services menu OR go directly to https://buildtosuit.com/maintenance-request/.


COMMUNITY EFFORTS

Easter Seals Wisconsin serves close to 10,000 children and adults with disabilities and their families each year in Wisconsin, their mission is to increase independence, maximize opportunities, minimize barriers, and enhance the quality of life for people with disabilities. Welton supported this charity with a holiday donation.
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.
7 community efforts Boys and Girls ClubBoys and Girls Club of Dane County touches the lives of nearly 5,500 young people, their mission is to be the leader in youth development programs by developing partnerships to produce positive outcomes for young people, families and communities. Welton supported this charity with a holiday donation.
Our Lady of Hope Clinic‘s mission is to serve the community of Madison with a self-sustaining non-profit organization for the delivery of free outpatient healthcare to eligible uninsured persons. Welton supported this charity by sponsoring Our Lady of Hope Clinic and the Madison Women’s Care Center’s 5th annual Celebration of Life.
The Beacon is a comprehensive day resource center for people who are experiencing homelessness in Dane County. Along with basic needs services, they help people to connect with other area social services agencies. 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.


CLOSING SUMMARY

Dear Readers,

Welcome to all and thank you for reading our newsletter. It is a beautiful fall day as I sit and write this letter to you. The badgers are having a historically successful year in football and the Packers are looking pretty good as well. As the year winds to a close we can look back on a very busy and productive year for Welton Enterprises.

At this time we have over 450 apartment units winding their way through the approval process with the City of Madison in three different locations. I am sure we will be letting you know more about this in future newsletters.

In addition to our new developments, we spent over a million and a half dollars this year on new roofs, new parking lots and new roads. This followed the last two years where we replaced 16 roofs damaged by hail. We have been very busy, the economy looks very strong and we expect 2020 to be one of our best years ever.

As usual, please give me a call if you have any questions about commercial real estate, the development process or investment advise relating to real estate.

Sincerely,

Kurtis D. Welton
President and Treasurer
Welton Enterprises, Inc.

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