U.T. System Board of Regents Consent Agenda May 2026
U.T. System engages Cresa for real estate brokerage
Trusted by teams at
Description
The U.T. System Board of Regents approved a contract with Cresa, LLC, to provide nonexclusive commercial real estate brokerage and ancillary services in the Washington, D.C. region. The agreement, potentially exceeding $3 million over a term through March 4, 2031, will support leasing, acquisition, and disposition needs for U.T. institutions. The contract was competitively procured and may be used Systemwide.
Contract Details
Contract Amount
Total cost has potential to exceed approximately $3,000,000
Vendor
CRESA LLC
Agency
The University Of Texas System Office, TX
Contract Type
PROFESSIONAL_SERVICES
Document Date
May 17, 2026
Contract Term
March 5, 2026 through March 4, 2031; initial three-year term plus two one-year renewals; terminable after one year
Renewal Date
2031-03-04
Renewal Info
Initial three-year term from March 5, 2026, with two optional one-year renewals; contract may be terminated after one year.
More from CRESA LLC
Related Contracts
The University of Texas System Board of Regents Meeting Agenda May 2026
APPROVEDState Building Commission Executive Subcommittee Agenda April 2026
AWARDEDphoenixville-area-sd-report-2024-11-30_764.pdf
APPROVEDMore from The University Of Texas System Office
The University of Texas System Office Agreement Job Order Contracting Agreement 2026-06-14
U.T. System Board of Regents Health Affairs Committee Agenda May 2026
The University of Texas System Board of Regents Meeting Agenda May 2026
The University of Texas System Board of Regents Meeting Agenda May 2026
The University of Texas System Board of Regents Meeting Agenda May 2026
Want to learn more?
Get alerts on contract renewals, new awards, and vendor activity.
Bring us your territory.
We'll show you what is forming.
See live SLED buying signals, source docs, decision-makers, contract context, and the next step into your CRM or pipeline.