University of Illinois at Urbana-Champaign
Request for Proposal:
Real Estate Advisory Services
Vendor: Jones, Lang, LaSalle, Chicago, IL
Number of Unsuccessful, Responsive Respondents:
An estimated $220,000
Terms: 5/21/07 to 6/30/08, with 1 one-year renewal
The University award process may be delayed up to thirty days as this award goes through a state approval process.
Amendment #1 contains schedule and wording changes to the RFP document.
Thursday March 22, 2007
Sealed responses will be accepted at the address below until
Thursday April 12, 2007:
616 E. Green Street, Suite 212, MC-364
The University is seeking proposals from qualified firms to provide comprehensive professional real estate advisory services related to the mixed use development of a 160-acre tract of University of Illinois land. The services required will include but not be limited to the review, analysis, assessment, and valuation of four Master Development Plans in such areas as: evaluating market and financial feasibility, highest and best use of land, consistency with University's land use vision, and valuation of development plans. Further, services will include ongoing negotiations and decision support to the selection committee and University staff of the ground lease and development agreements.
For additional information, contact:
Phone: (217) 333-3584
FAX: (217) 239-6869
Submit 1 original and 6 copies of the response as defined in the specifications.
This procurement will be contingent on Board of Trustees approval.
Illinois Department of Human Rights
(IDHR) eligibility number is required on all proposals.