Award
Iowa Department of Administrative Services 005-RFP-2790-2026
Real Estate Services
Recipient
Knapp Properties
Awarded
June 25, 2026
Identifier
005-RFP-2790-2026
The State of Iowa has engaged Knapp Properties, LC, a full-service real estate company based in West Des Moines, Iowa, to provide comprehensive real estate brokerage services. The awarded services include strategic real estate planning and advisory, market analysis, valuation, site selection, tenant and landlord representation, buyer and seller representation, acquisition and disposition services, lease and purchase agreement negotiation and administration, portfolio optimization and reporting, and transaction management from initiation through closing. Knapp Properties will leverage its extensive local and statewide market knowledge, supported by a team of licensed real estate professionals and in-house legal counsel, to serve the State's real estate needs across Iowa. The contract requires compliance with all State terms and conditions, including indemnification, confidentiality, payment methods, insurance, and reporting obligations. Notable contract requirements include detailed quarterly reporting, adherence to public-sector property disposition procedures, and coordination with State legal and procurement teams. The period of performance is aligned with the RFP cover sheet, with a structured phased implementation plan covering onboarding, property assessment, marketing, active brokerage, offer management, and transaction closing. Knapp Properties will utilize third-party vendors for marketing, due diligence, and professional services as needed, with all third-party engagements subject to State approval. The place of performance is statewide Iowa, with primary operations based in West Des Moines, IA. The contract emphasizes transparency, accountability, and measurable outcomes to maximize value and ensure compliance with public-sector requirements.
Description
The project involves establishing a contract with a qualified real estate brokerage firm or licensed real estate professional(s) to provide comprehensive real estate services. The solicitation is open with a response deadline of June 12, 2026, at 3:00 PM CDT. The project is currently awarded.