SRS Real Estate Partners completed the $39.11 million sale of a four-story, single-tenant, 197,860-square-foot office property at 7954-7974 UW Health Court in Middleton, Wisconsin.
A tenant since 2008, University of Wisconsin Health Administrative Services occupies the entire property and recently signed new 20-year lease. The property serves as one of UW Health’s administrative service office buildings and plays a crucial role in various areas including medical management, information services, compliance, and patient billing services.
SRS Capital Markets Senior Vice President & Principal John Redfield, and John Battle, Principal and Managing Director with Lee & Associates, represented the seller, a California-based private owner. The buyer was ASG Equities.
The property is strategically located less than six miles northeast of the University of Wisconsin-Madison and UW Health University Hospital, a 505-bed facility that serves as a key component of the UW Health System and has recently earned a top ranking among all Wisconsin hospitals according to U.S. News and World Report. The site is ideally positioned just off Highway 12, an arterial thoroughfare that serves over 57,000 vehicles daily.
