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Council authorizes consultant agreement with CBRE for real‑property services
Summary
The City Council approved an 18‑month consultant and professional services agreement with CBRE for real‑property services not to exceed $675,000, with options to extend; staff said the agreement includes a retainer and provisions to cover appraisals and third‑party costs for acquisitions when transactions proceed.
The City Council on Dec. 17 authorized the mayor to execute an 18‑month consultant and professional services agreement with CBRE for real‑property services for an amount not to exceed the figure listed in the staff report. Staff said CBRE was the only responsive proposer to the city’s RFP and described the agreement structure: a retainer that…
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