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City of Franklin·Tennessee

Commercial Brokerage Firm for Property Management Services

Closes 1/2/2026$200k – $500kRequest for Qualification
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Description

The City of Franklin is seeking a qualified commercial brokerage firm to provide licensed leasing agent and management services for up to three tenant spaces in a total of 4,500 Gross Square Feet of commercial space as part of its City Hall block redevelopment. The firm should possess a deep familiarity with the Franklin commercial market and be able to curate interesting and appealing local tenants that complement the downtown area. The scope of work includes securing lease agreements, marketing and showing the available spaces, meeting with downtown stakeholders, obtaining qualified letters of intent, evaluating proposals, and providing property management services. • Key responsibilities include: securing lease agreements, marketing and showing the available spaces, meeting with downtown stakeholders, obtaining qualified letters of intent, evaluating proposals, and providing property management services. • The firm should have experience in similar services, particularly in the Franklin commercial market. • The City is looking for a firm that can provide high-quality services, has a strong understanding of the City's needs, and can demonstrate its capabilities and unique strengths. • The evaluation criteria include experience and qualifications, capabilities and unique strengths, project methodology, and quality of response submittal.

Attached files

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

Contact

[email protected]

(615) 550-6692

Key dates

Opened
12/4/2025
Questions due
12/15/2025
Pre-bid meeting
1/23/2026
Closes
1/2/2026
Projected award
4/28/2026
Duration
8 years

Last updated

Details

Type
Request for Qualification
Industry
Real Estate
NAICS
531210
Solicitation №
2026-012

Budget estimate

$200,000 – $500,000

The budget for this contract is estimated to be between $200,000 and $500,000 per year, based on the scope of work and the services required. The total budget for the 8-year contract period could be between $1.6 million and $4 million. The estimation is based on the assumption that the commercial brokerage firm will be responsible for leasing and managing up to three tenant spaces, and the annual revenue from these leases will be around $200,000 to $500,000. The actual budget may vary depending on the specific services provided and the terms of the contract.

AI estimate from the solicitation

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