Description
The Texas Department of Banking, together with the Department of Savings and Mortgage Lending and the Office of Consumer Credit Commissioner, is seeking a qualified commercial real‑estate brokerage firm to market, negotiate, and close the sale of its 36,499‑sq‑ft headquarters at 2601 N. Lamar Blvd., Austin. The contract will run for an initial one‑year term with up to three optional one‑year renewals, and compensation will be based solely on a commission percentage of the final sale price. Respondents must demonstrate Texas brokerage licensure, a minimum of ten years’ relevant experience, and meet stringent insurance and financial solvency requirements. Proposals are due 11/19/2026, with questions due by 11/5/2026. The award is expected on 12/1/2026.
• Scope: Listing, marketing, due‑diligence support, negotiation, and closing assistance for the sale of a state‑owned office building.
• Compensation: Commission on sale price (respondent to propose %).
• Term: 1‑year initial term, renewable up to three additional years.
• Required qualifications: Texas‑licensed brokers, ≥10 years experience, proof of $500k/$1M professional liability coverage, workers’ comp, and financial statements.
• Submission: Hard‑copy proposals (1 original + 3 copies) by 3:00 PM CT, 11/19/2026; questions via email to Chris Wood.