Southeastern Pennsylvania Transportation Authority (septa) Septa #26-00102-AHAC

SEPTA Solicits Tenant Management and Property Leasing Services for Real Estate Portfolio

The Southeastern Pennsylvania Transportation Authority (SEPTA) is seeking proposals for tenant management and property leasing services for its real estate portfolio. - Government Buyer: - Southeastern Pennsylvania Transportation Authority (SEPTA) - Real Estate Department, Procurement & Supply Chain Management - Scope of Services: - Comprehensive tenant/property management, including lease administration, compliance monitoring, tenant construction coordination, dispute resolution, financial reporting, insurance tracking, and revenue optimization - Property leasing and brokerage services, including marketing, market analysis, transaction management, negotiation, and closing of leases and sales - On-call real estate consulting for special projects (e.g., acquisition support, master planning) - Contract Structure: - Base period of five years with two optional five-year extensions (potential total of 15 years) - Compensation includes monthly management fees and leasing commissions - Key Requirements: - Key personnel must have specified experience in property management and leasing - Compliance with all applicable federal, state, and local laws - Federal compliance provisions apply; no DBE participation goals - Excludes certain properties (e.g., 1234 Market Street, Amtrak-owned lines) - No specific OEMs or vendors are named in the solicitation - All details and requirements are further outlined in the RFP attachments

Description

SEPTA is soliciting proposals for tenant management and property leasing services related to its real estate portfolio. The contract will be a base five-year agreement with two five-year extensions. Proposals must include a technical proposal addressing the scope of services and a separate sealed price proposal. The solicitation requires compliance with all applicable federal, state, and local laws and includes provisions for disadvantaged business enterprises and equal employment opportunity.

View original listing