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Upper Dublin selects Avison Young to begin transportation facility real-estate search and brokerage work
Summary
After a competitive RFP and interviews, district staff recommended Avison Young as the real estate broker to support a search for a new transportation facility site. The firm’s commission structure means no broker fee until a transaction closes; a 12-month engagement term was proposed with typical commission rates noted in proposals.
The Finance Committee on May 13 received an update on a request-for-proposal process to identify a real estate broker for a transportation facility site search and recommended moving forward with Avison Young.
District staff described outreach to four recommended brokerage firms; three submitted proposals and two firms were interviewed. Staff…
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