Selected firm will be required to provide a range of real estate broker services including but not limited to the following: Task 1: At request of CITY, assist CITY with leasing transactions with CITY as Lessor or Lessee (e.g., lease acquisitions, base lease, renewals, extensions, expansions, subleasing), including but not limited to: needs assessment, market research, proposal solicitation, marketing, document/lease review, and negotiations. Task 2: At request of CITY, assist CITY with the purchase or sale of real property, including but not limited to: • Provide analysis and recommendations on certain City-owned properties. • Identify or confirm encumbrances and/or constraints on properties utilizing official records and geographic information systems. • Verify zoning and land use requirements including flood map designations, available utilities, and related jurisdiction requirements. • Complete market comparable and availability analyses. • Prepare and/or review documents, including but not limited to real estate documents, property documents, and legal notices. • Assist with marketing and sale of City-owned property according to applicable requirements of the California Government Code. • Assist CITY with property sale and purchase negotiations, including assistance with due diligence requests. • Provide status reports at agreed upon frequencies. Task 3: At request of CITY, provide consulting services related to real estate feasibility and marketing analysis, including but not limited to: • Provide opinions of value, assist in obtaining real property appraisal and other evaluation services. • Assist with preparation or review of legal documents such as deeds, easements and associated agreements. • Participate in property inspections and provide assistance or make recommendations related to suitable property for leasing, acquisition, and/or sale. • Consult on other miscellaneous real estate matters, as requested.
