Closed: Request for Qualifications Seeking Brokerage Services for City-Owned Properties
The City of Urbana is seeking an interested Commercial Real Estate Broker, holding a valid Illinois brokerage license, to provide agent representation and related services to facilitate the marketing and disposition of the City-owned property located at 1301 East Washington Street at the intersection of Washington Street and Philo Road. The 1301 Property, a 2-acre site, includes a 10,000 square foot commercial building.
The City intends to identify a buyer who aims to redevelop the property and expand commercial uses in a way which may serve as a catalyst for investment in commercial and residential properties within the Philo Road Business District and the Washington Street Corridor.
In addition the selected broker will be given the opportunity to represent other City-owned properties for sale and development.
Submission Deadline: 12:00 p.m. CST (Noon) on Wednesday, August 5, 2015.
Questions may be direct to:
Brandon Boys, City of Urbana
+1 217 328 8270