Elevating the Quality of Life in the District. REQUEST FOR PROPOSALS Real Estate Brokerage and Consulting Services Elevating the Quality of Life in the.

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Presentation transcript:

Elevating the Quality of Life in the District

REQUEST FOR PROPOSALS Real Estate Brokerage and Consulting Services Elevating the Quality of Life in the District Pre-Proposal Conference: Friday April 11, 2014 at 11:00 AM Frank D. Reeves Center 2nd Floor Community Room th Street, NW Washington, DC Elevating the Quality of Life in the District

Portfolio Management Division Elevating the Quality of Life in the District SUMMARY OF SERVICES Space Allocation Oversee Leasing (Tenant : Landlord) Acquisition : Disposition Fixed cost forecasting Portfolio Strategy Elevating the Quality of Life in the District

Portfolio Statistics Manage 15 million square feet (excludes school inventory) 3.2 million square feet of leased space. 66 leases Approx. 700 K SF of leases expiring FY14 - FY16 Completed Transaction FY13 - FY14 YTD for approx. 600 K SF. Elevating the Quality of Life in the District

Tenant Representation: Identify Space Analyze offer and make Recommendations Assist with Negotiation Assist with Coordination of Process Market Research Elevating the Quality of Life in the District

Portfolio Consulting Services: Evaluate Properties Portfolio Strategy Disposition/ Surplus assets Space Utilization Elevating the Quality of Life in the District

Portfolio Document Preparation Services: Prepare and negotiate leases and prepare other real estate documents Term sheet/letter of intent District legal requirements generally DGS legal staff oversight Elevating the Quality of Life in the District

Work Directly with Portfolio Management and Department Legal staff to prepare documents in accordance with forms provided by DGS Changes to forms Council approval DGS legal staff shall review for legal sufficiency and approve any document produced by the Real Estate Consultant. Legal Staff – Office of the Attorney General Execution Elevating the Quality of Life in the District

Question and Answer Session Elevating the Quality of Life in the District Like Department of General Services (DGS) Follow DCDGS Elevating the Quality of Life in the District