The general services administration s (GSA) great lakes region, public buildings service (PBS), real estate acquisition division (read) is exploring opportunities for private sector professionals to…

The general services administration s (GSA) great lakes region, public buildings service (PBS), real estate acquisition division (read) is exploring opportunities for private sector professionals to provide strategic real estate market analysis services to assist the government in planning and acquiring leased or federally owned space. These services will provide market intelligence required to make sound financial lease acquisitions and assist with strategic planning of space needs in a community for federal government agencies in as economic and efficient a manner as possible. The market analyses and strategic planning shall be concise documents that examine current and future local real estate market conditions and trends for a specific area or location within the great lakes region for a period of five years, or others as requested by the government. The real estate market analysis services shall include, but not limited to, the market dynamics, current and anticipated future market cycles, and market economic analysis for specific locations within the great lakes region. These services will also include summaries of the data interpretation, analysis and presentation. The analysis for each location shall provide different strategies for potential available space and pricing of potential buildings for lease acquisitions, or sales of real estate assets and the potential impact on the community. The GSA performance measures linking budget to performance measure, lease cost relative to market (lcrm) and lease productivity measures are a major component of GSA space delivery. GSA must negotiate rental rates that fall within a specific commercial market range for the area, and shall be in accordance with GSA performance measures. The market intelligence provided by this real estate market analysis services will assist client delivery teams and lease contracting officer (LCO s) with customer decisions and provide GSA s value added market expertise. The real estate market analysis services will also provide local portfolio planning, which will provide a concise examination of a specific location/area within the great lakes region. GSA-PBS evaluates real estate decisions in terms of their impact on the customer agency; the geographic market; and existing portfolio of owned and leased real estate assets. One of the main purposes of this contract is to clearly document these three elements for major urban, primary, secondary and submarkets at a moment in time to enable individual decisions to be placed in the context of these three perspectives. The contractor will be required to provide any number of the tasks listed outlined below. The contractor may be required to perform these tasks either as stand-alone requests or as groups of tasks requested by the government to support GSA s lease acquisitions and strategic planning program. All contractor work performed under the contract will be subject to appropriate government review and approval, as specified in this scope of work. 1. Market research and market analysis intelligence 2. Portfolio strategic real estate planning 3. Quarterly presentations on major markets within region 5