Real Estate and Property Acquisition Support Services

The Vendor is required to provide commercial real estate firms to provide site identification, evaluation, negotiation, and acquisition services related to city facilities and infrastructure.
- Site identification
•    Identify on market and  off market  parcels that meet project requirements.
•    Conduct parcel level screening using GIS, zoning maps, ownership records, and land use data.
•    Engage with landowners to assess willingness to sell or negotiate.
- Site evaluation
•    Perform high level  due diligence, including:
o    Market research, title review and identification of encumbrances
o    Zoning and land use compatibility
o    Access, easements, and right-of-way  considerations
o    Preliminary environmental red flag  screening (phase i coordination if needed)
•    Provide comparative analysis of candidate sites.
- Appraisal and valuation support
•    Provide or coordinate property appraisals and review appraisals
•    Conduct market value analyses and cost estimates
•    Support development of just compensation values in accordance with applicable regulations
- Negotiation and acquisition support
•    Develop acquisition strategies, including purchase, option agreements, or phased acquisition.
•    Lead or support negotiations with landowners.
•    Coordinate legal counsel, surveyors, appraisers, and environmental consultants as needed.
•    Support preparation of documentation for governing body approvals.
•    Prepare and present offers of just compensation
•    Secure necessary property rights, including fee title, easements, leases, and rights-of-way
- Title and closing coordination
•    Coordinate with title companies and legal counsel 
•    Resolve title issues and ensure clear conveyance 
•    Facilitate escrow and closing processes 
- Stakeholder coordination and public engagement
•    Interface with property owners, tenants, businesses, and community members 
•    Support public meetings and communications related to acquisitions 
- Project management and reporting
•    Provide regular progress updates and maintain documentation of all outreach and negotiations
•    Coordinate with city staff, consultants, and project teams
•    Deliver a final acquisition recommendation and transaction summary.