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25G - AGMT - BROKERAGE SRVS
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05/17/2016
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25G - AGMT - BROKERAGE SRVS
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5/13/2016 5:01:25 PM
Creation date
5/13/2016 4:49:17 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Public Works
Item #
25G
Date
5/17/2016
Destruction Year
2021
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CBRE I PROPOSAL TO THE CITY OF SANTA ANA FOR COMMERCIAL BROKERAGE SERVICES <br />d. Understanding the Need <br />UNDERSTANDING THE CITY's GOALS a NEEDS <br />CBRE leads the industry in public sector experience, providing services to more than 100 state <br />and local governments across the country through CBRE's Public Institutions and Education <br />Solutions ( "PIES ") practice. PIES enhances CBRE's ability to share best practices from other <br />states, counties and cities, and can advise on the effect of current market conditions — Including <br />state and municipal budget shortfalls- -and their influence on real estate decisions. <br />As demonstrated in the previous section, our CBRE team has extensive experience supporting <br />public sector entities like the City in the disposition of core and surplus real estate assets, <br />including land parcels and the full range of commercial properties. Our team's meticulous, <br />transparent process has been refined over the past 15+ years in partnership with our public <br />sector clients to ensure we best meet their unique goals and needs. <br />We understand the City has expressed the following key objectives for this assignment — <br />optimizing sale value, minimizing costs, accelerating the process and ensuring quality <br />performance for a diverse, surplus portfolio, We have achieved these same goals for other <br />public and private sector clients as well. We will employ our proven process and tailor the <br />disposition strategy to the needs of each specific requirement and the realities and trends of <br />each market and target buyer pool. <br />In response to Question F (Schedule), we have included a timeline that outlines the steps <br />necessary for the successful completion of each disposition assignment and the implementation <br />of the Scope of Work outlined under Task 1: "Real Property Analysis, Transactions & Financial <br />Analysis" for Al: "Commercial Brokerage Services ". <br />It is important to note that CBRE also has all services and resources required to effectively <br />implement the Scope of Work described under Task 2: "Asset Management ". We respectfully <br />request the opportunity to discuss the City's portfolio goals and vision further prior to assigning <br />the best Asset Services team members and establishing the optimal approach for this potential <br />scope of work. <br />CBRE's experience with a broad array of property management challenges and opportunities <br />has enabled the firm to build the industry's preeminent Asset Services platform. Our focus on <br />value -add service delivery, high -touch tenant relations and communication, streamlined <br />efficiencies and cost savings, accurate and timely reporting, and scrupulous maintenance have <br />enhanced the performance level of our clients' valued assets worldwide. If the City elects to <br />move forward with the Task 2 scope of work, we will leverage CBRE's Asset Management <br />expertise, platform and tools to tailor a service delivery program that allows for individual <br />property and overall portfolio goals to be achieved. <br />We look forward to discussing this further with the City <br />r <br />25G -27 <br />
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