City of Ontario Awards Professional Services Contract to Cbre Inc (July 2026)

The City of Ontario entered into a professional services agreement with CBRE, Inc. to provide brokerage services for the sale of approximately 73.19 acres of City-owned industrial land at Bon View Avenue and Eucalyptus Avenue. CBRE will be paid a brokerage fee of $300,000 under a term running from July 21, 2026 to July 21, 2027, with an option for a one-year renewal.

Scope & details

The full contract record, as filed.

Contract amount

$300,000 (brokerage fee cap)

Contract type

PROFESSIONAL_SERVICES

Contract term

July 21, 2026 to July 21, 2027, with one optional one-year renewal

Renewal date

2027-07-21

Renewal

Agreement term is one year from July 21, 2026, with a unilateral City option to renew automatically for no more than one additional one-year term. Parties may also extend the term further by mutual written consent if necessary to complete the services.

Document type

Agreement

Source document

City of Ontario Agreement Professional Services Agreement 2026-07-21

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the professional services contract by City of Ontario?

Cbre Inc was awarded this professional services contract by City of Ontario, as recorded on July 21, 2026. The contract value is $300,000 (brokerage fee cap).

How much is the Cbre Inc contract with City of Ontario worth?

The Cbre Inc contract with City of Ontario is valued at $300,000 (brokerage fee cap), covering professional services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Ontario Agreement Professional Services Agreement 2026-07-21 (Agreement), dated July 21, 2026 from City of Ontario. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Cbre Inc hold?

Cbre 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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What is City of Ontario currently buying?

Explore City of Ontario's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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