Monday, June 8, 2026
Family Office Briefing on research byLee & Associates·Jul 18, 2023

2023 Q2 Madison - Office

This report provides an overview of the Madison office market for Q2 2023.

OfficeMadisonWisconsin2023

Key Metrics

MetricValue
Vacancy Rate5.8%
12 Mo. Net Absorption SF73,972SF
Avg NNN Asking Rate PSF23.09$/SF
SF Under Construction565,800SF
Inventory SF38,271,667SF

Metrics extracted from the source report and independently fact-checked. Method →

Building a thesis around Madison? Share it confidentially with the Thesis Exchange — we pair you anonymously with family offices running adjacent office strategies.

Peer Network · By Invitation

The Thesis Exchange

Share an investment thesis in confidence. We pair you anonymously with up to two other family offices running adjacent strategies. Reviewed by Gallium's editorial team. No vendor pitch.