The Vantage IV office building in Madison has been sold to a new owner for $1.5 million. Greywolf Brokerage, LLC, a division of Greywolf Partners, Inc., a full service commercial real estate company, assisted the seller in the sale. Steve Turner, a senior advisor with Greywolf Brokerage, represented the seller in this transaction.
The two-story, 18,653 square foot multi-tenant office building is located at 2802 Coho Street. Conveniently located just off the Beltline Highway in Madison, the property is near the connecting interchange of 90/94/39, connecting the area to Milwaukee, Chicago, Wisconsin Dells and the rest of Madison. The property is located near a variety of amenities including restaurants, clinics, hotels and shopping areas.
“Steve was able to lease up the property to 78%, therefore making it more appealing to new owners, as they planned on occupying the remainder of the building,” said Wally Sauthoff, Managing Director of Brokerage at Greywolf Brokerage, LLC. “He worked to ensure he was achieving the best option for his client, the seller. This investment sale was successful due to Steve’s hard work and determination.”
Vantage IV is currently occupied by multiple tenants, including Levine Eisberner LLC, Dungarvin, Spacelabs and others.
For more information about this transaction, or to discuss more about office property or availability in the greater Madison market area, please contact Steve Turner at 608.338.4110 or steve.turner@greywp.com.
About Greywolf Brokerage and Greywolf Partners
Greywolf Brokerage, LLC is a division of Greywolf Partners, Inc., a full-service real estate company with an entrepreneurial mindset with headquarters in Milwaukee, executive offices in Cottage Grove and a branch office in Appleton, Wisconsin.
Formed in 2009, Greywolf Partners provides a comprehensive range of services including development, brokerage, asset and property management, while also specializing in hospitality, gas stations, senior housing property management through Park Vista Senior Housing Management, as well as residential real estate through Badger Realty Team. Our clients include a variety of ownership groups, including small entrepreneurial owners, large institutional investors and other investment structures. Greywolf Partners takes a collaborative, consultative approach to understanding each clients’ needs and delivering real estate solutions.
