Asset Management and Real Property Consulting Services

Overview

Real Estate & Property Management

Shoreline, Washington, United StatesPosted 13 days agoDeadline: May 13th, 2026

Fit Score

Settle Intelligence

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SUMMARY

The City of Shoreline, Washington is seeking expert asset management and real property consulting services, including oversight of third-party managers and comprehensive financial and operational reporting.

KEY REQUIREMENTS

Must have 3-5 years of relevant commercial real estate asset management and consulting experience
Must demonstrate leadership, problem solving, and analytical capabilities
Must have strong knowledge of financial analysis, revenue optimization, and building operations
Must obtain a City of Shoreline Business License
Must provide professional liability insurance with limits of at least $2,000,000 per claim
Must provide commercial general liability insurance with limits of at least $2,000,000 per occurrence
Must provide automobile liability insurance with limits of at least $1,000,000
Must comply with Washington State prevailing wage requirements where applicable

BUDGET

Estimate

$50,000 – $150,000

CONTRACT DURATION

24 months

TIMELINE

Advertise RFP: April 24th, 2026

On-site Tours: April 30th, 2026

Deadline for Questions: May 4th, 2026

Submittal Deadline: May 13th, 2026

Review and select finalists: May 20th, 2026

Anticipated Interviews: May 25th–28th, 2026

Anticipated Contract Award: June 8th, 2026

Contract Start Date: July 1st, 2026

QUESTION DEADLINE

May 4th, 2026

Issuing Agency

City Of Shoreline

Organization overview and procurement intelligence available on paid plans.

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DESCRIPTION

A government authority in Shoreline, Washington seeks a vendor to provide asset management and real property consulting services. The selected firm will be responsible for overseeing third-party property management and leasing teams to ensure alignment with asset and real estate strategies.

Responsibilities include developing annual property budgets, preparing accurate monthly financial and variance reports, and reporting on year-end expense reconciliations. The vendor will also manage all lease administration duties, oversee collections, and notify city staff of any default proceedings. Compliance with property management policies, codes, regulations, and directives from governmental agencies is expected.

Additionally, the scope includes developing and implementing comprehensive annual inspection processes and completing property inspections at weekly, monthly, quarterly, and annual intervals per best practices. The consultant will provide overall guidance on real estate and property management strategy.

Source attribution

This Settle analysis is based on the issuing organization’s public RFP listing.