The vendor required to provide real estate appraisal, valuations, marketing and brokerage services for include:
1. Appraisal services:
• Provide independent, third-party real estate appraisals in compliance with USPAP and all applicable state and federal standards.
• Appraisals may include industrial and aviation facilities, ground leases, office, retail, land, and other specialty-use properties located on or near agency-owned property.
2. Property valuation and advisory analysis:
• Prepare market value estimates, market rent studies, highest-and-best-use analyses, comparable sales and rent evaluations, feasibility assessments, and valuation updates to support agency real estate decision-making, lease negotiations, and long-term planning.
3. Brokerage and transaction support:
• Provide professional leasing, acquisition, and disposition services on behalf of agency, including marketing of available properties, market outreach, negotiation support, preparation of offer analyses, and full transaction coordination in accordance with agency policies and procedures.
4. Market research and strategic recommendations:
• Deliver periodic analyses of regional and national commercial real estate trends impacting agency assets; advise on development potential, revenue opportunities, and portfolio optimization strategies consistent with agency long-term real estate objectives.
5. Documentation, reporting and compliance:
• Provide written reports, valuation documentation, transaction summaries, and supporting materials in formats acceptable to agency, ensuring compliance with applicable regulatory requirements, public-sector procurement standards, and agency internal processes.
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