Commercial Real Estate Brokerage Services

The Vendor is required to provide commercial real estate brokerage firm to provide brokerage, marketing, valuation, and transaction management services for the disposition of District-owned real property as assigned by the District during the contract term.
- Property Evaluation and Market Analysis
• Conduct a comprehensive review of the property and its redevelopment potential.
• Analyze market conditions affecting the sale of educational, institutional, and redevelopment properties.
• Prepare a Broker Opinion of Value (BOV) and recommend an appropriate listing price.
• Identify potential opportunities and constraints associated with zoning, land use, and redevelopment.
- Marketing Strategy and Materials
• Develop a detailed marketing plan for the property.
• Prepare professional marketing materials, including:
• Property summary
• Offering memorandum
• Site and building information
• Photography and digital content
• Property brochures and electronic marketing materials
• Create and maintain online property listings on appropriate commercial real estate platforms.
• Develop targeted outreach strategies to maximize exposure among qualified buyers.
- Buyer Identification and Outreach
• Identify and solicit prospective purchasers, including:
• Educational institutions
• Religious organizations
• Nonprofit organizations Government agencies
• Investors
• Commercial developers
• Residential and mixed-use developers
• Conduct direct marketing campaigns to qualified prospects.
• Coordinate and conduct property tours and inspections.
- Marketing Administration and Reporting
• Serve as the primary point of contact for all property inquiries.
• Maintain records of interested parties and marketing activities. Provide monthly written reports summarizing:
o Marketing efforts
o Buyer inquiries
o Property tours
o Market feedback
o Recommendations for adjustments to the marketing strategy
- Offer Solicitation and Evaluation
• Receive and review offers from prospective purchasers.
• Assist the Owner in evaluating offers and proposed terms.
• Analyze the financial and operational qualifications of prospective buyers.
• Provide recommendations regarding offer selection and negotiation strategies.
- Negotiation and Transaction Management
• Assist in negotiating purchase agreements and related documents.
• Coordinate communications among the Owner, prospective purchasers, attorneys, title companies, lenders, consultants, and other parties.
• Monitor due diligence activities and contractual milestones.
• Assist in resolving transaction issues through closing.

- Mandatory Site Walkthrough: July 16, 2026