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City of Portland·Maine

Commercial Real Estate Broker Services for City Owned Bayside Properties

Closes 12/17/2025$50k – $200kRequest for Proposal
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Description

The City of Portland, Maine is seeking a commercial real estate broker to provide services for four city-owned Bayside properties. The selected broker will be responsible for providing real estate brokerage services, which may include marketing, sales, and leasing of the properties. The city is looking for a broker with experience in commercial real estate and a strong understanding of the local market. • The broker will be required to provide a proposal that includes their experience, qualifications, and approach to marketing and selling the properties. • The city is seeking a broker who can provide a comprehensive marketing plan and has a proven track record of success in commercial real estate sales. • The selected broker will be expected to work closely with city staff to ensure that the properties are marketed and sold in a way that is consistent with the city's goals and objectives.

Attached files

Contact

[email protected]

(207) 874-8654

Key dates

Opened
11/14/2025
Closes
12/17/2025

Last updated

Details

Type
Request for Proposal
Industry
Real Estate
NAICS
531210
Solicitation №
RFP #26041

Budget estimate

$50,000 – $200,000

The budget for this opportunity is likely to be a commission-based payment structure, where the selected broker will earn a percentage of the sale or lease price of the properties. The exact budget amount will depend on the terms of the contract and the performance of the broker. Given the nature of the services required, the budget could be in the range of $50,000 to $200,000, depending on the sale or lease price of the properties and the commission rate agreed upon. Factors that may influence the likely payment range include the experience and qualifications of the broker, the market conditions, and the city's goals and objectives for the properties.

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