The Vendor is required to provide accounts with access to a database containing commercial sales and leasing information on properties throughout state (database).
- Access to the Database for up to fifteen (15) accounts users.
- Access must be restricted with required log-in IDs;
- Commercial sales or leasing data within Database must include all businesses and multi-family residences such as apartment complexes and hotels;
- Ability to monitor leasing data (e.g., leasing and rental rate history, property characteristics and contact information);
- Ability to monitor apartment leasing data, (e.g., current market rent, vacancy and concessions) including three (3) year history for rent and vacancy;
- Database must be secure and accessible over the internet;
- Ability to create a printable property value study report based on user-defined search criteria;
- Search capability of Database must include address, company name, buyer name, seller name, broker names, dates, property type or unique characteristics like year built, zoning or number of units;
- Search capability of Database must not require a minimum square footage to research properties;
- Search capability of Database must include radius searches with an address or intersection;
- Ability to sort a minimum of 2,000 records simultaneously;
- Ability to extract the following visual points or information from database for each property:
• Photograph(s);
• Aerials from satellite images;
• Relevant maps;
• Building location;
• Zoning;
• Available space;
• Class;
• Asking rents and sales prices;
• Vacancy rate;
• Ownership type;
• Maximum contiguous space;
• Typical floor size;
• Core factor;
• Elevators;
• Year built;
• Contract information;
• Parking;
• Minimum vacancy and rental trends;
• Sales and loan information; and
• Assessment data.
- Database updated on daily, weekly and monthly basis with new commercial sales and leasing information on properties throughout state;
- Database must include a minimum of 100,000 verified sales in state for the last six (6) years; and
- Database must include a minimum of 500,000 verified leases in state for the last six (6) years.
- Contract Period/Term: 1 year
- Questions/Inquires Deadline: September 5, 2025
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