OFFICE OVERVIEW Madison, WI Q 4 2025

SCANNING THE HORIZON

Slight uptick in transaction activity did not improve the market but may be a sign the

• Vacancy 15.9%, Availability 17.6% - Vacancy has flatlined and availability is slowly decreasing
  
  
• 2.2% Dane County unemployment* - steadily decreasing and remains low compared to 4.4% nationally.
  
  
• 7 new transactions greater than 5,000 SF, a hopeful sign

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RSK: Broadwing-Advisors Q4 office report.