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Welton Newsletter May 2018

FEATURED TENANT

Devoted to their mission statement, “We move you, not just your boxes,” the core of You Move Me is focused on delivering the type of service that eliminates stress and moves the customer, both physically and emotionally. Offering a variety of local moving services they tailor your moving experience to suit your needs. Launched in April 2013 and quickly recognized by Franchising.com as one of the fastest growing franchises, You Move Me has grown to service 11 locations in Canada and 39 locations in the United States including Madison, WI.


FEATURED PROPERTY

8830 N GREENVIEW DRIVE, MIDDLETON, WI

For Lease: Two suites at 8830 N Greenview with easy access off of Highway 14/University Avenue in Middleton. Suite 3 has 19,600 sf of high bay warehouse space and Suite 1 has 24,540 sf of high quality office, flex and warehouse space. Available ~6/1/18. Contact Paul Molinaro for more details.

77,840 sf Industrial 2001 – 8830 N Greenview Dr, Middleton – West Metro Business Park


TENANT NEWS

Founded in 1948 by Sam Nuzzo, Advertisers Press may be one of the oldest local printing companies. Located in Middleton, it has evolved from focusing on manufacturing business forms to a state-of-the-art printer offering services that include cutting edge digital technology, commercial offset and business forms print, fulfillment, mailing services and promotional items. Congratulations on 70 Years Ad Press!
Deer Creek Seed was featured in a US Business Executive’s special section on Agriculture. Founded in 1980 by Bill Leakey and Thomus Lund in 1980 and expanded in 1999 with the acquisition of J.M. Schultz Seed Company (founded in 1903), it has grown to be one of the most comprehensive turf and forage seed companies in the Midwest. 
Madison company Exact Sciences is expanding its Cologuard processing lab on Badger Road and is building a second lab and additional offices just off Schroeder Road. The projects are part of $300 million worth of construction Exact says it will have completed in 2018 and 2019 and will then have the capacity to process up to 5 million Cologuard tests a year. Exact has nearly 1,500 employees nationwide, of which more than 1,100 are in the Madison area.
Madison Children’s Museum hosts the annual American Girl Benefit Sale July 21-22, 2018 at 8830 N Greenview Drive in Middleton, Wisconsin. The benefit attracts up to 7,000 shoppers from all over the country and raises around $1 million dollars each year. All funds are divided between Madison Children’s Museum and American Girl’s Fund for Children which provides grants for charitable programs for children throughout Dane County. 
PhylloTech, Inc. (Middleton, WI) developed a new protein production system in plants, based on research funded by the National Science Foundation. The proprietary system can manufacture proteins and antibodies at a reduced cost compared to other systems. The breakthrough has major implications for the nation’s preparedness for global pandemics and bio-terrorism. 
Formech, the UK designer and manufacturer of vacuum forming machinery, has launched a new division, Formech Inspire. The division aims to celebrate and foster potential and innovation, encouraging the responsible use and disposal of plastics. Inspire will educate the company, customers and students on aspects such as material choice, energy consumption, waste reduction and recycling.


WELCOME NEW WELTON TENANTS

ARROW EXPRESS


CONGRATULATIONS BUSINESS PARTNERS

VORTEX OPTICS – BARNEVELD, WI

Vortex Optics‘ grand opening for their new facility in Barneveld, Wisconsin, is slated for July 2018, but all operations have already moved to the this new headquarters. Vortex Optics, founded in 1986 by present owner Dan Hamilton, operated out of seven smaller buildings in Middleton before relocating to the state-of-the-art 250,000 square foot building.


IBMadison_masthead (1)

 2018 InBusiness Commercial Design Awards

Eppstein Uhen Architects
Best New Development or Renovation–Heath Care: Froedtert and the Medical College of Wisconsin Drexel Town Square Health Center, Architect/Interior Design

Ideal Builders
Best Office Renovation–Center for Healthy Minds, General Contractor

Supreme Structures
Most Innovative Green Solution: State Line Distillery, General Contractor


WELTON NEWS

CONGRATULATIONS to Paul Molinaro on his promotion to Vice President of Welton Enterprises, Inc. Paul is a Wisconsin native, raised in Minocqua, WI, and attended the University of Wisconsin-Madison. In 2007 he graduated from the Wisconsin School of Business with a double major in Real Estate & Urban Land Economics and Finance & Investment Banking and joined Welton Enterprises in August 2009. Paul’s day-to-day responsibilities include: the leasing & sales of existing properties & build-to-suit development land, prospecting for new opportunities & business partners, financing for existing properties and new acquisitions and the coordination of the marketing for the overall Welton Enterprises brand & each asset under management.

WELCOME Kort Frank as Welton Enterprises, Inc.’s new Property and Project Manager. Kort attended Madison Area Technical College and Concordia University graduating in 2014 with a Bachelor’s of Science in Accounting and Finance. He  comes to Welton with roots in general contracting, construction, interior design, and project management. Kort’s day-to-day responsibilities include the supervision, planning, and daily coordination of the upkeep of all facilities; planning, directing, and coordinating activities of assigned construction related projects to ensure that goals and objectives are accomplished within the prescribed time frames and funding parameters; and obtaining/generating cost estimates for construction, renovation, and repair.

 


WELTON VIES FOR CITY-OWNED LAND ON S PARK STREET

Welton Enterprises, Inc. is one of two developers to submit a proposal for the long vacant 3.5 acre lot at 1402 S. Park St. which formerly held the Truman Olson Army Reserve Center. Welton included two options in its proposal, with both options including a 25,000 square foot grocery store and an apartment building offering low-income housing units. A committee of city staff will analyze the proposals and hold public meetings for the two interested developers to make presentations, with the developer selection scheduled for July 2018.


EXTREME ENGINEERING SOLUTIONS

Extreme Engineering is moving to Silicon Prairie™ Business Park, near Mineral Point and South Point roads, on the far west side of Madison in a newly created TIF District. The proposed two-story, 115,000 square-foot building, shown in this rendering by KEE Architecture, is scheduled to be completed by late summer 2018.


SILICON PRAIRIE™ BUSINESS PARK

Silicon Prairie™, one of Madison’s newest mixed use business parks, has over 51 acres of land available for office, complimentary retail and light industrial/flex development. With protective covenants in place you can ensured 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.


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,

I wanted to share some good news with you: I have recently had my cornea transplanted in my left eye. iIhave 16 stitches in my eye holding the cornea in right now, so everything is a bit fuzzy, but I am told once the stitches are out I will be able to see, even though I may need glasses.

I also wanted to give you the good news about our economy. From all indications, we have a very strong economy with many strong businesses that are growing and 2018 looks like it will be a very good year. We believe that this will be apparent across all sectors.

I encourage you to give me a call if you have any questions about commercial real estate. In the last few years, we have diversified our industrial portfolio into the multi-family sector, so I would also encourage you to call if you are interested in investing in high quality new developments in the Greater Madison area.

Sincerely,

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

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