Two more state-owned buildings in downtown Madison are hitting the market as the state government continues efforts to reduce its real estate portfolio in the capital.
A pair of office buildings on South Webster Street are up for sale, the Department of Administration announced March 18. Bidding on the “Block 107” site, which contains roughly 400,000 square feet of office space along with underground parking, will remain open through June 5.
The buildings were appraised last fall for a combined $45.5 million, or at separate values of $28.6 million for 101 S. Webster St. and $22.4 million for 125 S. Webster St…