NIGP 20876: Real Estate/Property Management

NIGP 20876 Real Estate/Property Management, an Item code, encompasses facility operations and leasing, property acquisition and disposition, real estate consulting, development of public property, and related management services—all grounded in current procurement activity at state and local agencies. State and local governments use this code to solicit operators for public facilities (parks, transit centers, recreational campuses), brokers for property sales and acquisitions, consultants for redevelopment and feasibility analysis, and software platforms for tenant and property management. Issuing bodies span city planning and parks departments, county purchasing offices, transit authorities, municipal finance divisions, public housing authorities, and special districts. Recent solicitations show a mix of outcome-based facility operations contracts (Pasadena equestrian center, Kenosha historic campus), traditional real estate brokerage RFPs (Orlando, Collin County, Gainesville, Collier County), project-specific consulting (Sarasota workforce housing, Tucson transit center), and property redevelopment RFIs (Phoenix acquisition and relocation services, Pflugerville downtown site). Software procurements in the code address property management operations (Salem Housing Authority tenant and accounting systems) and inspection automation (California custodial platform).

Geographic activity concentrates in the Southeast (Florida, Georgia, South Carolina), Southwest (Arizona, Texas), and Pacific Northwest (Washington, Oregon), with scattered Midwest and Upper Midwest opportunities. Representative recent procurements include the City of Pasadena's February 2026 RFP for a twenty-year equestrian center operations contract with a mandatory pre-proposal meeting in January and evaluation weighted toward public benefit programs (30 points), the City of Orlando's December 2025 RFP for real estate consulting across acquisition, disposition, appraisal, and tenant management supporting properties exceeding $5 million in annual transaction value, Collin County Texas's May 2026 RFP for general real estate brokerage services covering multiple properties with a June 2026 anticipated award date, and the City of Gainesville's June 2026 RFP for commercial brokerage services focused on attracting anchor tenants (grocery store, pharmacy, financial services) to a pad-ready development. Several solicitations emphasize local business preferences (Pasadena, Gainesville, Phoenix) and federal compliance where FTA or HUD funding applies (Tucson relocation, Phoenix acquisition services, Salem housing software).