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City manager’s office sets ambitious lease‑update target after contracting with Campbell Commercial

3301910 · May 14, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Budget committee members questioned a performance target that would update 75% of city leases in fiscal year 2026 when last year’s estimated completion was 20%. Staff said a new management contract with Campbell Commercial Real Estate underpins the higher target and the firm is under contract through fiscal 2027.

Budget committee members questioned the City Manager’s Office performance measure that targets updating 75% of city leases in fiscal year 2026, noting the estimated completion for fiscal year 2025 was 20%.

Committee member Arthur Ayre asked whether the 75% target was realistic or…

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