This Solicitation opportunity from Kansas was posted on January 5, 2024. The submission period has ended. Browse the details below for market research, or find similar active opportunities.

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Lease,Development & Operation of Commercial Space

Closed

2142470 Addendum 1State & Local

Submission Closed02/06/2024, 12:00:00 AM UTC

Contract Overview

Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.

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NAICS: 531210

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Request for Proposals to Provide Commercial Real Estate Brokerage Services

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Real Estate Brokerage Services

Solicitation # BD-27-1267-SEL02-SEL02-134534

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Department of Natural Resources

POSTED

9 days ago

DEADLINE

in 1 day

AI Contract Overview

The University of Kansas is seeking proposals for the lease, development, and operation of a commercial space located at 12520 Quivira Rd., Overland Park, Kansas, near the Edwards Campus. The building currently faces significant deferred maintenance, with estimated capital improvement costs ranging from $1 million to $1.5 million to restore its market competitiveness. The selected developer or broker will enter into a 20-year Master Lease with KU, assuming responsibility for two existing tenants and making necessary improvements within 365 days of lease signing. The project emphasizes a comprehensive redevelopment effort, requiring bidders to submit proposals through an electronic process, beginning with a designated Gray Tab, and adhering to specified deadlines for questions and proposal submissions, with the final response deadline set for February 6, 2024. The contract details highlight the importance of a thorough proposal process, with the selected party expected to undertake significant building upgrades and assume existing tenant arrangements. The RFP process is structured to ensure competitive and compliant submissions, with contact information provided for inquiries. The overarching goal is to revitalize the property to meet market standards, leveraging a long-term lease arrangement that aligns with KU’s strategic objectives for the site. The procurement process is part of a broader set of solicitations, including construction, recycling services, and other municipal bids, indicating an active engagement in diverse development and service projects across various jurisdictions.

General Info

Agency

University of Kansas

NAICS

531210 - Offices of Real Estate Agents and Brokers

Place of Performance

KS, USA

Set-Aside

NONE

Documents

RFP 2142470 Lease, Development & Operation of Commercial Space Addendum 1

amendment

High

RFP Addendum 1 for Solicitation 2142470 - Commercial Lease Development Operations

amendment

High

Solicitation 2142470 - Commercial Real Estate Space for Lease RFP

rfp

High

AI Contract Breakdown

Uniform Contract Format

Timeline

PhaseClosed

PostedJan 5

Solicitation

Response DeadlineFeb 6

Deadline has passed

Submission Closed

02/06/2024, 12:00:00 AM UTC

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Organization & Contact Information

AgencyUniversity of Kansas

Contacts1 person available

OfficeN/A

Organization / AgencyUniversity of Kansas

Office AddressN/A

Contacts

Carla Swoyer

contact@example.gov

+1 (555) 000-0000

Full Description

ADDENDUM 1 to this RFP is being issued to reschedule the PreProposal Conference to: Monday January 29, 2022 onsite at the location: 12520 Quivira Rd., Overland Park, KS at 11:00 AM. QUESTION Deadline is rescheduled to: Tuesday January 30, 2024 at 12 Noon Central Time CLOSE DATE is rescheduled to: Tuesday February 6, 2024 at 2PM Central Time. The University of Kansas (KU) is seeking proposals for the lease, development, and operation of commercial space in the building located at 12520 Quivira Rd, Overland Park, Kansas (“Building”), which is near KU’s Edwards Campus at 127th and Quivira. The Building has significant deferred maintenance. As such, KU estimates the building will require at least $1M and up to $1.5 million in capital improvements to restore its market competitiveness. There are currently two tenants in the Building. The awarded real estate broker/developer will enter a 20-year Master Lease with KU with assignment and assumption of those two existing tenants and will be required to make the required improvements to the building within 365 days of signoff of the Master Lease award. See the details in the RFP Document in the ATTACHMENTS Tab. It is recommended that interested bidders proceed through this RFP starting with the Gray Tab on the far left of the screen one at a time through the Gray Tab at the far right of the screen where you will electronically sign and submit your proposal.