Commercial and Industrial and Aeronautical Real Estate Brokerage Services

The Vendor is required to provide commercial, industrial, and aeronautical real estate brokerage services.
- The Broker should have experience and specialize in commercial, industrial, and aeronautical real estate transactions.
- The Trust currently has another broker that provides real estate services for the development of retail space in the eastern portion of lariat landing.
- The Transaction Manager shall supervise and coordinate transactions and advise and make recommendations to the director with respect thereto. In addition, the transaction manager will coordinate transaction strategy, resource allocation, and process consistency on transactions.
- These Brokerage Services shall include all of the following:
•    Monitor and analyze comparable transactions and market value.
•    Assist with determining the highest and best use.
•    Perform market and feasibility analysis to identify potential aeronautical, commercial, and industrial businesses that may be suitable for tenancy on the airport;
•    Provide quarterly reporting on activity status, marketing campaigns, and other tasks as requested.
•    Develop marketing strategies to assist in attracting viable and suitable prospective aeronautical and non-aeronautical businesses to enter into lease agreements with the trust and to promote agency will rogers international airport and create market awareness;
•    Perform outreach to prospective tenants, developers, investors, other real estate brokers/agents, and other interested parties.
•    Familiarize prospective tenants with the trust’s standard leasing terms and conditions.
•    Timely present any offers to the director or counter offers to a perspective tenant including transactional key terms.
•    Draft or assist airport staff with the preparation, evaluation and analysis of any requests for proposal, request for bids, or other pro forma related to the leasing of the subject parcels.
•    Facilitate negotiation and drafting of leases that is agreeable to the director and prepared with sufficient detail for presentation to the trust and city.
•    Facilitate the negotiation of letters of intent.
•    Perform any necessary due diligence review of the premises to be leased or the prospective tenant.
•    Collection of any applicable earnest money.
•    Recommend lease rental rates and other appropriate fees for each transaction.
•    Coordinate with legal counsel designated by trust.
•    Provide summary report of transaction for final review/approval by trust in conjunction with execution of documents.
•    Coordinate and obtain any necessary appraisal.
•    All other services normally provided by brokers and leasing agents within the commercial real estate services industry in the region in which the relevant facility is located.

- Contract Period/Term: 5 years
- Non-Mandatory Pre-Qualification Meeting Date: December 11, 2025
- Questions/Inquires Deadline: December 16, 2025