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Arizona Department of Administration·Arizona

Commercial Real Estate Broker Services

Closes 7/2/2026$200k – $1.5MRequest for Proposal
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Description

The Arizona Department of Administration is seeking qualified commercial real estate brokerage firms to provide comprehensive broker services for state‑owned properties. This RFP outlines the expectations for market analysis, transaction facilitation, and fee structures to support the department’s real‑estate portfolio management. • Deliver brokerage services for lease, sale, or acquisition of commercial properties owned or managed by the state. • Conduct market research, property valuation, and competitive analysis to recommend optimal transaction strategies. • Manage all aspects of the transaction process, including negotiation, documentation, and coordination with legal and finance teams. • Propose a commission‑based fee structure consistent with state procurement policies, as detailed in the “Proposed Commission Fee Structure” attachment. • Provide ongoing reporting and performance metrics throughout the contract term.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Tristan Bartels(Procurement Officer)

[email protected]

Key dates

Opened
6/12/2026
Questions due
6/29/2026
Closes
7/2/2026

Last updated

Details

Type
Request for Proposal
Industry
Real Estate
NAICS
531210
Solicitation №
BPM007500

Budget estimate

$200,000 – $1,500,000

No explicit contract value is disclosed, but typical state‑wide commercial brokerage contracts range from a few hundred thousand dollars to several million, depending on the portfolio size and transaction volume. Assuming a commission‑based model with multiple high‑value leases or sales, the award could reasonably fall between $200,000 and $1,500,000. Factors influencing the final amount include the number of properties, total transaction value, and negotiated commission rates.

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