CONTRACTAMENDED

Ventura Expands Property Services Agreement with CBRE

City of San Buenaventura (Ventura)
Disclosed value
Increase of $170,400; future increase of $170,440 per fiscal year; aggregate not-to-exceed amount of $852,000; additional contingency of $17,400 per fiscal year
From agenda
Document date
Oct 27, 2026
Term
Extended through June 30, 2029
Renews
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The 30-second brief

What it covers

The City of Ventura approved a second amendment with CBRE, Inc. for lease negotiation and property management services. The amendment adds $170,400, authorizes future annual increases of $170,440 plus $17,400 in annual contingency, and sets an aggregate ceiling of $852,000 through June 30, 2029.

Who holds it

Cbre Inc holds this professional services contract with City of San Buenaventura (Ventura). Its other public contracts on record include work for Douglas County and Housing Authority of the county of Santa Cruz.

What happens next

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Contract details

Contract type
Professional Services
Amount
Increase of $170,400; future increase of $170,440 per fiscal year; aggregate not-to-exceed amount of $852,000; additional contingency of $17,400 per fiscal year
Document date
October 27, 2026
Term
Extended through June 30, 2029
Renews
On record
Vendor
Cbre Inc
Source document
City of Ventura Agenda City Council Action Agenda 2026-10-27 (Agenda)

Cbre Inc's other public contracts

More City of San Buenaventura (Ventura) contracts

Questions about this contract

Who was awarded the professional services contract by City of San Buenaventura (Ventura)?

Cbre Inc was awarded this professional services contract by City of San Buenaventura (Ventura), as recorded on October 27, 2026. The contract value is Increase of $170,400; future increase of $170,440 per fiscal year; aggregate not-to-exceed amount of $852,000; additional contingency of $17,400 per fiscal year.

How much is the Cbre Inc contract with City of San Buenaventura (Ventura) worth?

The Cbre Inc contract with City of San Buenaventura (Ventura) is valued at Increase of $170,400; future increase of $170,440 per fiscal year; aggregate not-to-exceed amount of $852,000; additional contingency of $17,400 per fiscal year, covering professional services work.

What type of contract is this?

This is a Professional Services contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in City of Ventura Agenda City Council Action Agenda 2026-10-27 (Agenda), dated October 27, 2026 from City of San Buenaventura (Ventura). Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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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.

What is City of San Buenaventura (Ventura) currently buying?

Explore City of San Buenaventura (Ventura)'s vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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