NIGP 20876: Real Estate/Property Management

NIGP 20876 Real Estate/Property Management, an Item code, encompasses the leasing, acquisition, disposition, and operational management of real property assets—including land, buildings, facilities, and mixed-use development sites—that state and local governments own, control, or seek to develop. Recent solicitations show jurisdictions procuring brokerage services for sales and acquisitions, ground leases for airport and commercial properties, property management for civic redevelopment portfolios, and disposition of surplus public assets.

State agencies, counties, cities, and special-purpose authorities issue under this code. Repeat buyers include Florida municipalities (Sebastian, Collier County, Gainesville, City of Tucson) and Georgia jurisdictions (City of Augusta, City of Newnan, Metropolitan Atlanta Rapid Transit Authority). Issuing bodies range from city planning and redevelopment departments to county procurement offices and transit authorities. Geographic activity concentrates in Florida and Georgia, with additional recent opportunities in Arizona (City of Phoenix), Texas (Collin County, City of Austin), Michigan (Martin Luther King Corridor Improvement Authority in Jackson), and Washington State (OSPI). City of Sebastian issued RFP 2604-RFP (due December 11, 2025) to lease and develop five airport property parcels as 60-by-60-foot aircraft hangars under 30-year ground leases with FAA compliance requirements. Collier County Board of County Commissioners issued Invitation to Negotiate 26-8679 (due October 14, 2026) for development or outright purchase of a 6.86-acre waterfront property in Naples with two tracks—affordable housing development or direct sale—evaluated on development concept, minority/women business enterprise status, and local vendor preference. City of Phoenix Finance Department issued Request for Qualifications RFQu-26-0091 (due April 3, 2026) for a five-year contract providing real property acquisition, relocation, and related services including rights of entry, easements, fee acquisitions, and URA-compliant relocation assistance. Collin County, Texas issued RFP 2026-098 (due May 21, 2026) for general real estate brokerage services covering approximately thirteen county-owned properties across McKinney and Farmersville. Martin Luther King Corridor Improvement Authority in Jackson, Michigan issued two property management solicitations—RFP 2026DEI041 (due August 13, 2026) and rebid RFP 2026DEI049 (due November 2, 2026)—to manage portfolios of thirteen redevelopment properties totaling approximately 67,000 square feet across vacant and occupied commercial and residential parcels. Local vendor preferences appear in Florida and Arizona procurements; E-Verify enrollment is standard across most issuing bodies. Commission-based compensation and transaction-contingent fee structures dominate brokerage work, while property management roles typically use monthly fees drawn from operating accounts. Insurance minimums range from $500,000 to $5,000,000 per occurrence depending on scope.