Real Estate Leasing Services - Retail/Commercial/Office Spaces in Salt Lake City

The Housing Authority of Salt Lake City (HASLC) and its affiliate Housing Assistance Management Enterprise (HAME) are seeking qualified real estate brokerage firms to provide comprehensive leasing and marketing services for retail, commercial, and office spaces across their portfolio of affordable and mixed-income housing developments. The Request for Proposals (RFP #25-012) specifically targets firms capable of developing strategic leasing approaches, conducting market analysis, executing marketing campaigns, performing tenant outreach, and negotiating lease agreements. Key development sites include The Grove (15,000-18,000 sq ft), Capitol Homes (2,364 sq ft), 9th East Lofts (2,410 sq ft), West Temple Offices (13,000 sq ft), and additional planned properties. The procurement will utilize the Competitive Proposals method, with proposals due on October 22, 2025, by 5:00 pm MDT, and questions accepted until October 10, 2025. Evaluation will focus on the most advantageous proposal considering both price and qualitative factors, with the selected firm expected to provide exclusive leasing services that enhance and complement surrounding residential communities.

The RFP does not explicitly specify set-aside designations for disadvantaged business enterprises, and no incumbent vendors are mentioned in the provided documentation. The contract will be an initial two-year term with options to extend up to three additional one-year periods, allowing for a potential total contract duration of five years. While specific budget ranges are not detailed, the scope encompasses marketing and leasing services for multiple mixed-use developments funded through Low Income Housing Tax Credit (LIHTC) funding, equity investors, and commercial lenders. The selected brokerage firm will be responsible for marketing spaces across HASLC's portfolio of over 35 affordable housing properties in Salt Lake City, suggesting a potentially significant ongoing engagement. The real estate leasing services will require deep understanding of local commercial real estate markets, strong tenant negotiation skills, and the ability to strategically position commercial spaces within mixed-income housing developments.