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Bullboard - Stock Discussion Forum Artis Real Estate Investment Pref Shs Series E T.AX.PR.E

Alternate Symbol(s):  ARESF | T.AX.UN | T.AX.PR.I

Artis Real Estate Investment Trust is an unincorporated closed-end REIT based in Canada. Artis REIT's portfolio comprises properties located in Central and Western Canada and select markets throughout the United States, including regions such as Alberta, British Columbia, Manitoba, Ontario, Saskatchewan, Arizona, Minnesota, Colorado, New York, and Wisconsin. The properties are divided into... see more

TSX:AX.PR.E - Post Discussion

Artis Real Estate Investment Pref Shs Series E > Artis selling Madison WI office buildings?
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Post by EstevanOutsider on Sep 30, 2023 9:32am

Artis selling Madison WI office buildings?

On Youtube they made videos of several Madison office buildings and nothing more a few weeks ago. First update on their account in four years. Suspect it is for sale. Madison has a housing shortage. Not sure bow viable conversions are there but saw a record portfolio sale of apartments this year so perhaps some connection to the idea. Just search Artis REIT on youtube to see them.
Comment by Catchtherally on Sep 30, 2023 9:56am
I believe it's been for sale for a while. Old AT&T building. Last I recall they were renovating it and separating the floors so it can host multiple tenants. Looks like a nice building to me, I am sure they will find new tenants eventually. 
Comment by garyreins on Sep 30, 2023 11:52am
Is there a way to see a list of Artis properties held for sale across the portfolio or is that kept private?
Comment by InvestSmarter on Sep 30, 2023 12:31pm
At the end of the videos, it says "for leasing inquiries call..." They are leasing videos as all those properties have vacant spaces.
Comment by Income on Oct 01, 2023 12:30pm
Thanks for posting this. I was in Madison a few years ago. Nice little town/city. Government office buildings and University of Wisconsin located there. I have no idea about the office market thou.
Comment by Income on Oct 01, 2023 12:38pm
Madison Office Price per Sqft and Office Market Trends (commercialcafe.com) Good site on recent pricing in Madison.  Rents look fairly flat. Interesting to see sale volumes up in 2022.
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