RFP SSU 2026-02B Realtor Services to Sale 66 Loring Avenue

The Salem State University Assistance Corporation is requesting proposals from Massachusetts-licensed commercial real estate brokers to serve as exclusive realtor for the sale of a commercial property at 66 Loring Avenue, Salem, Massachusetts (also known as 122 Broadway), with proposals due June 25, 2026 at 12:00 p.m.

The scope requires the selected broker to recommend an asking price range based on market analysis, promptly market the property, manage transaction documentation, conduct buyer showings, negotiate with integrity, and maintain regular status communication with SSUAC. Proposals must include firm qualifications, lead realtor credentials, marketing methods and timeline, fee structure, business references, liability insurance documentation, tax compliance certification, and a detailed market analysis with recommended asking price. SSUAC reserves the right to invite finalist candidates for interviews as part of evaluation.

Evaluation will prioritize greatest value, service quality, firm reputation, quality of references, personnel qualifications, and the bidder's demonstrated ability to meet SSUAC's needs and timeline. A single contract will be awarded with notification anticipated in July 2026 and commencement also in July 2026.

Property walk-throughs are available by appointment June 8–11, 2026. Written questions are due to Reynaldo Ramos, AVP of Purchasing and Auxiliary Services, with responses provided by June 18, 2026. Bidders must submit a Certificate of Non-Collusion and Tax Compliance and bear their own proposal preparation costs. SSUAC reserves the right to reject any or all proposals, award in part, waive technical defects, or negotiate with a single qualified bidder if deemed in the university's best interest.