Pasadena Unified School District Resolution 2985 2026-06-25
CBRE Listed As District Broker In Park IV Proposal
Trusted by teams at
Description
The Park IV Group LOI provides for CBRE to represent Pasadena Unified School District as broker on a potential 99-year ground lease of the Linda Vista site. The brokerage compensation would be 4% of the first 25 years of ground lease payments, funded by the developer and shared with the Lessee’s broker.
Contract Details
Contract Amount
Brokerage fee equal to 4% of the cumulative first 25 years of ground lease payments, paid by Lessee and split between Lessor and Lessee’s brokers
Vendor
CBRE
Agency
Pasadena Unified, CA
Contract Type
PROFESSIONAL_SERVICES
Document Date
June 24, 2026
Contract Term
Applies to the proposed 99-year ground lease if executed
More from CBRE
Related Contracts
Pasadena Unified School District Resolution 2895 2026-06-25
DISCUSSSEDPasadena Unified School District Resolution 2895 2026-06-25
PENDINGPasadena Unified School District Resolution 2895 2026-06-25
PENDINGPasadena Unified School District Resolution 2985 2026-06-25
DISCUSSEDPasadena Unified School District Resolution 2985 2026-06-25
DISCUSSEDMore from Pasadena Unified
Pasadena Unified School District Resolution 2895 2026-06-25
Pasadena Unified School District Resolution 2895 2026-06-25
Pasadena Unified School District Resolution 2895 2026-06-25
Pasadena Unified School District Resolution 2895 2026-06-25
Pasadena Unified School District Resolution 2895 2026-06-25
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.