Compass Properties Now Owns Park West I Building in Madison’s University Research Park

Compass Properties recently purchased the Park West I office building in Madison’s University Research Park at 406 Science Drive.  The acquisition of the 4-story, 50,000+ square foot building expands the company’s footprint in the internationally recognized University Research Park, as it currently owns the adjacent Park West II building, as well as other prime office buildings in the greater Madison area.

Noel said extensive capital improvements have already been made to the Park West I building, including HVAC systems, updated elevators, lobby upgrades, interior lighting upgrades and upgrades to the conference room facilities.   The building is currently 97% occupied and its tenants include Rogers Memorial Hospital, Prosthetic Dental Associates and Madison Endodontic Associates.

“We’re excited to leverage the client-focused property management services we provide to our tenants in Park West II to meet the needs of our new tenants in Park West I,” Noel said.  “We have deep roots here and are pleased to strengthen the commitment to our clients in the Madison area.”

The Park West I office building is located near the entrance of University Research Park, a research and technological oriented business park on 351 acres that is home to approximately 128 companies and generates almost a billion dollars in economic impact each year.