2908 Marketplace Dr
Madison, WI 53719
Office Property For Sale

Colliers is pleased to offer to qualified investors the opportunity to acquire a stabilized multi-tenant building located in the thriving Madison MSA. Located at 2908 Marketplace Dr in Fitchburg, WI, the Dashiell Corp Anchored Building is a 64,984 SF single story building 95% leased to three tenants. The building is anchored by Dashiell Corporation, a leading national provider of high and medium voltage electrical services. Dashiell is an operating company of Quanta Services (NYSE: PWR), a specialized contracting company with over 200 operating companies producing $23.7 billion in 2024 revenues. Dashiell leases 77% of the building under a long term lease.
The building is well located within the Fitchburg Business Park, sitting just south of Madison and only two miles from the Madison Beltline bypass highway. Neighboring the south and west sides of the Dashiell building is the Sub-Zero & Wolf Appliance Fitchburg campus with over 1.6 MSF across 114 AC. Included in their campus is a recently completed $70 million, 350,000 SF innovation center directly south of Dashiell. Additional nearby recently completed developments include Promega’s $114 million, 160,000 SF small molecule production facility and the $29.5 million O’Brien Solar Fields with over 60,000 bifacial solar panels and a 20-megawatt capacity.
This property, offered at an appealing 9% cap rate, provides an excellent opportunity to acquire a stabilized, well-maintained building with a 7 year WALT. Located in the heart of a growing innovation and technology hub, the area boasts over $200 million in recent developments, making it a prime investment.