Village of DeForest Community Development Authority Agenda Packet Feb 2026
Listing Agreement for Yahara Crossing with Oakbrook Corporation
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Description
The CDA is considering authorizing the Executive Director to enter into a 9-month exclusive listing agreement with Oakbrook Corporation for brokerage and leasing services of Yahara Crossing's commercial space. Oakbrook will receive a commission of 4.5% or 6% of lease value, depending on broker participation, with payment in two stages.
Contract Details
Contract Amount
4.5% commission of total triple-net lease (no co-broker) or 6% (with co-broker, split equally); payable 50% upon lease execution, 50% upon occupancy
Vendor
OAKBROOK CORPORATION
Agency
DeForest Housing Authority, WI
Contract Type
PROFESSIONAL_SERVICES
Document Date
February 12, 2026
Contract Term
9 months exclusive listing term
Renewal Date
2026-11-12
Renewal Info
Exclusive listing for 9 months; renewal or extension possible upon review at end of term per standard brokerage practice.
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