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Class A Office Space Available

150 E Gilman St, Madison, WI

For Lease
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Premier office building with lake views in downtown Madison.

Space Size5,034 SF - 5,108 SF
Lot Size1.19 Acres
Days on Market583

Property Features for 150 E Gilman St

General Information

Standard status Active
Size 5,034 SF - 5,108 SF
Lot size 1.19 Acres
Property subtype OFFICE
Lease Type Modified Gross

Site & Location

Neighborhood Capitol Neighborhoods

Spaces For Lease

at 150 E Gilman St Contact us

Verex Plaza AVAILABLE, Now

Floor 2
Size 5,034 SF
Type OFFICE
Lease Type MODIFIED_GROSS
Sublease No
First-Time Availability in Over 20 Years! Verex Plaza is a distinguished Class A office building that combines modern amenities with a prime location. Nestled in the picturesque northeast corner of downtown Madison, the property boasts stunning views of Lake Mendota, the State Capitol, and the historic Mansion Hill neighborhood. The building features heated underground parking, secured bicycle parking, and surface visitor parking for convenience. Tenants also enjoy access to a lakeside work café with a Canteen Grab n’ Go Market, an exclusive outdoor patio, a conference center, and shower and locker facilities. Additionally, lunch delivery services from local restaurants are provided, with delivery fees and tips covered by the landlord. Professionally managed by Fiore Companies, Verex Plaza is home to renowned tenants such as Foley & Lardner LLP, one of the nation’s leading law firms. The property exemplifies Fiore’s commitment to long-term ownership and exceptional management, making it a premier choice for businesses seeking a prestigious and well-equipped office environment in downtown Madison.
Contact us

Verex Plaza AVAILABLE, Now

Floor 3
Size 5,108 SF
Type OFFICE
Lease Type MODIFIED_GROSS
Sublease No
First-Time Availability in Over 20 Years! Verex Plaza is a distinguished Class A office building that combines modern amenities with a prime location. Nestled in the picturesque northeast corner of downtown Madison, the property boasts stunning views of Lake Mendota, the State Capitol, and the historic Mansion Hill neighborhood. The building features heated underground parking, secured bicycle parking, and surface visitor parking for convenience. Tenants also enjoy access to a lakeside work café with a Canteen Grab n’ Go Market, an exclusive outdoor patio, a conference center, and shower and locker facilities. Additionally, lunch delivery services from local restaurants are provided, with delivery fees and tips covered by the landlord. Professionally managed by Fiore Companies, Verex Plaza is home to renowned tenants such as Foley & Lardner LLP, one of the nation’s leading law firms. The property exemplifies Fiore’s commitment to long-term ownership and exceptional management, making it a premier choice for businesses seeking a prestigious and well-equipped office environment in downtown Madison.
Contact us
Listing Agency: The Fiore Companies
Listed By: Corey Kautzky · License WI 98365-94
Source: Moodyscre
Added: Apr 8, 2025 Changed: Nov 11 Last Checked: Nov 10 at 10:41AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Fiore Companies

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Investment Insights

Based on property information with market context.

Verex Plaza is a Class A office building situated in the northeast corner of downtown Madison, offering views of Lake Mendota, the State Capitol, and the Mansion Hill neighborhood. The building provides heated underground parking, secured bicycle parking, and surface visitor parking. Tenants have access to a lakeside work café with a Canteen Grab n’ Go Market, an outdoor patio, a conference center, and shower and locker facilities. Lunch delivery services from local restaurants are available, with the landlord covering delivery fees and tips. Professionally managed, Verex Plaza houses tenants such as Foley & Lardner LLP. This property offers a well-equipped office environment in downtown Madison.

Key Highlights

  • Prime downtown Madison location with STUNNING VIEWS of Lake Mendota, the State Capitol, and Mansion Hill.
  • Class A office building with modern amenities.
  • HEATED UNDERGROUND PARKING and secured bicycle parking.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Foley & Lardner LLP: ... Law Firm Habush Habush & Rottier ... Law Firm Jason J Knutson Law Firm Christopher E Rogers Law Firm Foley & Lardner LLP Law Firm

Suggested Use

Top Pick Daycare Center HVAC Service Electrical Service Furniture & Home Goods (Bike/Boat/Book/etc) Store Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$4.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,427
Businesses Nearby
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Madison, WI

$17.28 /SF/Yr
Avg Asking Price
$4.64–$29.5 /SF/Yr
Price Range
7,886 SF
Avg Space Size

This space is priced 85% above the average of $17.28 /SF/Yr.

Properties on Market for Office Units in Madison

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in Madison, WI

10.9% 2023
10.8% 2024
7.6% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Premier office building with lake views in downtown Madison.
Where is this office unit located?
The property is located at 150 E Gilman St Madison, WI.
What is the lease rate?
The lease rate is $32 SF/Yr.
What are key features of this property?
This property features: Prime downtown Madison location with STUNNING VIEWS of Lake Mendota, the State Capitol, and Mansion Hill.; Class A office building with modern amenities.; HEATED UNDERGROUND PARKING and secured bicycle parking.
(608) 665-1230 Call to check price and availability
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