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Awarded contract·Snohomish County·Washington

Commercial Real Estate Brokerage Services for Airport

Won by CBRE$3MAwarded 3/20/2018Single Award
Contract source

Awarded vendors

  • CBRE

Description

This contract calls for a commercial real‑estate brokerage firm to market, lease, and manage the Snohomish County Aerospace Business Park, targeting aerospace industry tenants (space, commercial, military, and general aviation). The award was made to CBRE following an open RFP process that closed on May 12 2017, with the award announced on March 20 2018. The work involves tenant outreach, lease negotiations, and possibly ongoing property‑management support for a specialized airport‑adjacent business park. • Scope: Marketing, leasing, and brokerage services for a large aerospace business park. • Process: Open competition (RFP) with bid due May 12 2017; award granted March 20 2018. • Awardee: CBRE – a leading commercial real‑estate brokerage firm.

Attached files

The award documents live at the source — open the contract source above to download them.

Key dates

Bids closed
5/12/2017
Intent to award
3/20/2018
Awarded
3/20/2018
Starts
3/20/2018

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Real Estate
NAICS
531210
Solicitation №
RFP-21-17SR

Contract value

$3,000,000

No contract value is disclosed in the provided material. For a large aerospace business park leasing program, a commercial‑real‑estate brokerage contract typically ranges from a few hundred thousand dollars in commissions up to several million dollars in total fees, depending on the size of the portfolio and the scope of services (marketing, lease negotiations, tenant representation, and ongoing management). Considering the strategic importance of the Snohomish County Aerospace Business Park and the involvement of a top‑tier firm like CBRE, a reasonable ball‑park estimate would be between $2 million and $5 million, with a midpoint of roughly $3 million.

AI estimate from the award documents

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