ASRS18-215215-ASRS18-215215CushmanWakefieldContract.pdf

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Attached to
Master Agreement AZ|ASRS18-215215
Contract number
ASRS18-215215
Issued by
Arizona

About this file

This is a Property Management, Leasing, and Project Management Services Agreement between the Arizona State Retirement System (ASRS), a state agency located in Phoenix, Arizona, and Cushman & Wakefield U.S., Inc., a Missouri corporation. The contract was awarded through a competitive solicitation process (Solicitation No. ASRS18-00008109) and signed on September 21, 2018, with an effective date of October 1, 2018.

The agreement covers property management services for the ASRS-owned 3300 Tower, a 363,655 square foot office tower complex located in Midtown Phoenix, with 241,524 RSF currently occupied (66.4% occupancy). Cushman & Wakefield will provide comprehensive property management, leasing, and related services, including operations, maintenance, leasing, tenant relations, financial reporting, and strategic planning. The compensation structure includes a property management fee of 1.5% of monthly gross revenues or $5,000 per month, whichever is greater. Leasing commissions are structured with varying percentages based on new leases, renewals, and the involvement of outside brokers. The initial contract term is one year, with options to renew for up to nine additional one-year periods, not to exceed a total of ten years.

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ATTACHMENT A: Offer and Acceptance

ARIZONA STATE

RETIREMENT SYSTEM

3300 N Central Ave

14th Floor Phoenix, AZ 85012

Property Management, Leasing, and Project Management Services Solicitation # ASRS18-00008109 PART 2 of 3 - Attachments (Response Forms)

Page of

TO THE STATE OF ARIZONA, ARIZONA STATE RETIREMENT SYSTEM (ASRS):

The Undersigned hereby offers and agrees to provide property management, leasing, and project management services in compliance with the Uniform and Special Instructions to Offerors, Uniform and Special Terms and Conditions, Attachments (Response Forms), Scope of Work, Solicitation or Contract Amendments, and Offeror’s Best and Final Offer as accepted by the ASRS, as part of the Solicitation.

Cushman & Wakefield US, Inc.

Company Name Signature of Person Authorized to Sign Offer

2555 E Camelback Road, Suite 400 Sue Cannon, Managing Director, Asset Services Address Printed Name and Title

Phoenix AZ 85016 Sue Cannon, Managing Director, Asset Services City State Zip Contact Name and Title www.cushmanwakefield.com 602 682 8250 Website Contact Phone sue.cannon@cushwake.com Contact Email Address

CERTIFICATION

By signature in the Offer section above, the Offeror certifies:

1. The Offeror shall not discriminate against any employee or applicant for employment in violation of Federal Executive

Order 11246, State Executive Order 2009-9 or A.R.S. §§ 41−1461 through 1465.

2. The Offeror has not given, offered to give, nor intends to give at any time hereafter any economic opportunity, future employment, gift, loan, gratuity, special discount, trip, favor, or service to a public servant in connection with the submitted Offer. Failure to provide a valid signature affirming the stipulations required by this clause shall result in rejection of the Offer. Signing the Offer with a false statement shall void the Offer, any resulting contract and may be subject to legal remedies provided by law.

3. The Offeror is not debarred by, or otherwise prohibited from participating in any publically-funded contract awarded by any Federal, State or local jurisdiction.

4. The Offeror is lawfully authorized to conduct business in Arizona or has no impediments to conduct business in Arizona.

5. The Offeror does not participate in, and agrees not to participate in during the term of the Contract, a boycott of the state of Israel in accordance with A.R.S. §35-393 and §35-393.01.

ATTACHMENT A: Offer and Acceptance

ARIZONA STATE

RETIREMENT SYSTEM

3300 N Central Ave

14th Floor Phoenix, AZ 85012

Property Management, Leasing, and Project Management Services Solicitation # ASRS18-00008109 PART 2 of 3 - Attachments (Response Forms)

Page of

ACCEPTANCE OF OFFER (FOR ARIZONA STATE RETIREMENT SYSTEM)

The Offer is hereby accepted.

The Contractor is now bound to provide] the services outlined in the Contract and based upon the Solicitation, including the Uniform and Special Instructions to Offerors, Uniform and Special Terms and Conditions, Attachments (Response Forms), Scope of Work, Solicitation or Contract Amendments, and Contractor’s Best and Final Offer as accepted by the

ASRS.

This Contract shall henceforth be referred to as Contract No. ______________________________________________

The effective date of the Contract is ____________________________________________________

The Contractor is cautioned not to commence any billable work or to provide any service under this Contract until Contractor receives purchase order, contract release document or written notice to proceed.

Awarded this _____ day of _________________ 20 _______

ASRS Signature Title

ASRS18-215215

October 1, 2018

21st September 18

Chief Procurement Officer/Chief of Administrative Services

Martha Rozen, Chief Procurement Officer/Chief of Administrative Services

Award Letter
Offer & Acceptance
Service Agreement

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