Real Estate Analysis and Brokerage Services

The City of Spokane is procuring a master‑services agreement to provide comprehensive real‑estate analysis and brokerage services, including transaction management, lease administration, strategic portfolio analysis, and related consulting. The agreement is a non‑exclusive, optional master contract that may result in multiple listing agreements over its term. JLL (Jones Lang LaSalle Americas, Inc.) has been selected for negotiations, and the contract will commence in December 2024 with an initial three‑year term, extendable by up to two additional one‑year periods. The scope focuses on Spokane‑area commercial properties, with a commission structure capped at 3 % of sales price and hourly rates for non‑transactional services. • Services: acquisition/disposition brokerage, lease administration, project management, strategic portfolio and feasibility studies. • Term: 3 years (possible extensions to 5 years). • Compensation: 3 % commission on sales (buyer & seller) plus hourly fee schedule for consulting services. • Awarded Vendor: Jones Lang LaSalle Americas, Inc. (JLL).