city_of_newton_regular_commission_meeting_agenda_s.pdf
NAI Martens hired to market ABI Manufacturing Building
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Description
Newton City Commission approved a 12-month agreement with NAI Martens to provide marketing and brokerage services for the ABI Manufacturing Building. The firm will receive a 6% commission on any sale or 6% of gross rent for the initial lease term if the property is leased.
Contract Details
Contract Amount
6% commission on sale price or 6% of gross rent for initial lease term
Vendor
NAI MARTENS
Agency
City of Newton, KS
Contract Type
PROFESSIONAL_SERVICES
Document Date
September 23, 2025
Contract Term
12-month term
Renewal Info
Initial agreement is for 12 months; any renewal or extension terms are not specified in the minutes and would require further approval or negotiation.
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