Madison is anchored by the University of Wisconsin and state government, with a growing biotech and tech sector. Epic Systems (healthcare IT) is the dominant private employer. The isthmus downtown and University Ave corridor are key submarkets.
By Angel Campa, Founder · Updated March 2026
Commercial Space
25M sq ft
Avg Office Rent
$18–$28/sq ft
Vacancy Rate
12%
Avg Lease Term
3–8 years
Madison CBD office is FSG. University-adjacent research and biotech leases are specialized. Epic Systems dominates the Verona suburb with a massive campus. State government uses standard procurement leases.
Wisconsin Landlord–Tenant Guide
State-specific commercial lease laws, notice periods, and tenant rights for Wisconsin →
UW-Madison and Epic Systems are the two dominant forces. Epic's Verona campus lease is one of the largest single-tenant occupancies in the state. University research spin-out leases require careful permitted use and assignment provision extraction.
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