PROFESSIONAL_SERVICESAWARDED

Kennett Area Park Authority Awards Professional Services Contract to Nai Emory Hill Real Estate Services Inc (April 2023)

The Borough of Kennett Square contracts with NAI Emory Hill Real Estate Services, Inc. for a two-year term to provide both exclusive brokerage services for certain Borough properties and comprehensive property management for 600 South Broad Street. Compensation includes lease and sales commissions, percentage-based management fees with minimum monthly charges, project management fees, and defined maintenance and reimbursable cost structures, with options for annual renewal.

Document date · April 1, 2023

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TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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Scope & details

The full contract record, as filed.

Contract type
PROFESSIONAL_SERVICES
Contract term
Two (2) years from April 2023 as part of Brokerage Team, plus separate two (2) year property management term for 600 South Broad Street, each subject to automatic one (1) year renewals upon 90 days’ notice and Borough approval; terminable by either party on 60 days’ notice
Renewal
Initial brokerage and property management terms are each two years starting April 2023. Upon written request by Emory Hill at least 90 days prior to term expiration and with Borough approval, each agreement automatically renews for one-year periods. Either party may terminate with 60 days’ written notice. Project management fees apply only to Borough Council pre-approved capital projects not outsourced to construction management firms.
Document type
Contract
Source document
Kennett Square Borough Broker and Property Management Services Agreement April 2023

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the professional services contract by Kennett Area Park Authority?

Nai Emory Hill Real Estate Services Inc was awarded this professional services contract by Kennett Area Park Authority, as recorded on April 1, 2023.

What type of contract is this?

This is a Professional Services contract, documented as a contract record.

Where was this contract approved?

This contract appears in Kennett Square Borough Broker and Property Management Services Agreement April 2023 (Contract), dated April 1, 2023 from Kennett Area Park Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Nai Emory Hill Real Estate Services Inc hold?

Nai Emory Hill Real Estate Services Inc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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