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City of Bentonville·Arkansas

Commercial Real Estate Advisory, Brokerage, Transaction, and Business Recruitment Services Request for Proposals

Closes 10/8/2026$150k – $500kRequest for Proposal
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Description

The City of Bentonville seeks a qualified commercial real‑estate advisory firm to act as strategic advisor, broker, and transaction representative for a range of real‑property activities and business‑recruitment initiatives. The selected firm will provide market analysis, acquisition, disposition, leasing, ground‑lease, repositioning, marketing, and business‑recruitment support, with each assignment requiring written city authorization. The contract is initially for one year, renewable up to three years, and may be awarded to one or multiple firms based on the City’s best interest. • Serve as strategic advisor and, when authorized, broker/transaction representative for city real‑estate projects. • Conduct property evaluation, acquisition, sale, lease, ground‑lease, repositioning, and marketing activities. • Identify and recruit prospective businesses and development partners for the city. • Manage assignments from strategy formulation through closing or lease execution, subject to city approvals. • Provide deliverables under a binding one‑year contract, renewable annually up to a maximum of three years.

Attached files

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

Contact

[email protected]

(479) 271-3115

Key dates

Opened
9/13/2026
Questions due
9/30/2026
Closes
10/8/2026
Duration
1 year

Last updated

Details

Type
Request for Proposal
Industry
Real Estate
NAICS
531310
Solicitation №
RFP-26-64

Budget estimate

$150,000 – $500,000

No contract value is disclosed, but based on comparable municipal real‑estate advisory and brokerage contracts, a one‑year engagement for a city of Bentonville’s size typically ranges from $150,000 to $500,000, depending on scope, complexity, and number of transactions handled. Larger, multi‑year renewals could push the total higher.

AI estimate from the solicitation

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