Real Estate Advisory & Brokerage Services for the FASTA High Value Asset Portfolio
The General Services Administration, on behalf of the Public Buildings Reform Board, is seeking proposals for real estate advisory and brokerage services to assist in the sale of twelve high-value federal real properties identified in the Federal Assets Sale and Transfer Act portfolio. The solicitation requires offerors to propose a project team with over ten years of experience representing clients in commercial real estate transactions totaling a minimum of $100 million to provide transaction strategy, marketing, and execution support. Proposals will be evaluated based on key personnel qualifications, past experience selling similar property portfolios, and commission pricing structure. Proposals are due by November 20, 2020 for a one-year contract with an optional six-month extension period.
The solicitation has no set-aside designations. The primary NAICS code is 531210 for office of real estate agents and brokers, and the estimated total value of property sales ranges from $500 million to $750 million. The properties are located across seven states and total over 4.5 million square feet. The contract type will be firm-fixed price, with performance taking place across the United States.
47PB0020R0052 General Services Administration Public Buildings Service Region 1
10/19/20, 5:30 PM Real Estate Advisory & Brokerage Services for the FASTA High Value Asset Portfolio
Savills Inc. has been awarded a no-cost, firm fixed price contract by the General Services Administration Public Buildings Service Region 1 to provide real estate advisory and brokerage services for the Federal Assets Sale & Transfer Act High Value Assets Portfolio. The contract, valued at $0, has a period of performance from January 18, 2021 through January 14, 2022 to support the sale of federal properties under the FASTA program.
47PB0021C0004 General Services Administration Public Buildings Service Region 1
1/15/21, 3:54 PM Real Estate Advisory & Brokerage Services for the FASTA High Value Asset Portfolio
The General Services Administration seeks information from contractors interested in providing real estate advisory and brokerage services for the sale of a high value asset portfolio under the Federal Assets Sale and Transfer Act. The portfolio consists of 12 properties across 7 states with an estimated total value between $500 million and $750 million. Services required include developing a project management plan, performing financial and market analyses, creating and executing a marketing strategy, managing offers, and facilitating a sale closing by December 2021. Responses are due by July 28, 2020 and will be evaluated based on experience completing similar portfolio sales, project management and marketing plans, financial resources, and any applicable small business certifications.
The anticipated NAICS code is 531210 for offices of real estate agents and brokers with a size standard of $8 million. While no set-aside is currently designated, the notice encourages responses from small businesses including small disadvantaged, women-owned, veteran-owned, HUBZone, and 8(a) firms to inform an upcoming set-aside determination. Contract award is expected between November 2020 through December 2021 with the goal of realizing sales proceeds for the portfolio in fiscal year 2021.
47PB0020R0052 General Services Administration Public Buildings Service Region 1
7/17/20, 2:27 PM Real Estate Advisory & Brokerage Services for the FASTA High Value Asset Portfolio
The General Services Administration, New England Region intends to release a solicitation seeking an experienced commercial real estate brokerage entity to assist in the sale of twelve high-value assets totaling $500-750 million identified for disposition under the Federal Assets Sale and Transfer Act. The selected contractor will analyze the portfolio, prepare and execute a transaction strategy, market the properties, analyze and present offers, and provide full brokerage services. Proposals will be evaluated based on the offeror's experience, qualifications, and approach. The deadline for questions is November 20, 2020.
There is no set-aside designated for this procurement. The NAICS code is 531210 for real estate agents and brokers offices. The contract type will be both firm-fixed-price and time-and-materials, with a one-year base period and six-month option. The period of performance for brokerage services will be to complete the sale of the twelve high-value assets within the contract terms.
47PB0020R0052 General Services Administration Public Buildings Service Region 1
10/13/20, 1:31 PM