The state of Wisconsin will be selling two downtown Madison office buildings to a private developer.
That’s after a legislative budget committee gave the final go-ahead this week, setting off a 90-day timeframe for Wisconsin’s Department of Administration to close on the sale.
A subsidiary of Urban Land Interests will be purchasing the buildings for a total of $12.7 million. In all, the Madison-based developer has proposed building more than 400 residential units and 315 parking stalls at the property just blocks from the state Capitol…