The Vendor is required to provide software-as-a-service (SaaS) subscription platform that delivers comprehensive commercial real estate sales, lease, property, ownership, market, and analytics data through an online interface.
- Comprehensive market, sales, lease, ownership, and property information for all major commercial property categories located within county and comparable market areas, including:
• Multifamily properties.
• Office properties.
• Retail properties.
• Industrial properties.
• Research and development facilities.
• Mixed-use properties.
• Hospitality properties.
• Self-storage facilities.
• Medical office properties.
• Special-purpose commercial properties.
• Complex income-producing properties.
- Lease and income database
• Commercial lease comparables.
• Asking rents and executed lease rates where available.
• Vacancy and occupancy information.
• Market rent data.
• Capitalization rate information.
• Expense information where available.
• Submarket-level income and occupancy metrics.
- Property database
• Building size.
• Land area.
• Year built.
• Property use and classification.
• Number of units.
• Ownership information where available.
• Property history.
• Physical and economic characteristics relevant to valuation.
- System functionality requirements
• Advanced search functionality.
• Comparable sales search tools.
• Comparable lease search tools.
• Geographic and map-based search capabilities.
• Custom reporting functionality.
• Data export functionality.
• Property comparison tools.
• Market analytics dashboards.
• User-defined filtering and sorting tools.
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