City staff briefs committee on multiple Dallas properties; council to consider surplus tests and market analysis June 11

City staff and CBRE briefed the Government Performance & Financial Management Committee May 27 on several city-owned properties and recommended market-testing and additional analysis on a subset of sites. Staff said items for potential surplus designation and market testing will appear on the City Council agenda for June 11.

Danzo Gibson, City Manager's Office, introduced the update and said CBRE would conduct facility-condition assessments and market work in parallel for sites where the city needs more information before making disposition decisions. Peter Janssen of CBRE said formally declaring a property surplus and listing it allows the city to obtain bona fide market offers and compare market value to repurposing or rehabilitation costs. "You have the ultimate vote in terms of whether you go under contract," Janssen said, explaining that…