PROFESSIONAL_SERVICESRECOMMENDED

Tustin Selects CBRE for South Hangar Marketing

The City of Tustin recommended selecting CBRE, Inc. as real estate broker for marketing and solicitation services for the approximately 32-acre South Hangar site. The proposed listing agreement provides tiered commissions through year 20 of a sublease, paid by the prospective sublessee.

Document date · September 15, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
Commission structure: 3.0% of total sublease payments for Years 1-5; 1.5% for Years 6-10; 0.75% for Years 11-15; 0.37% for Years 16-20
Contract type
PROFESSIONAL_SERVICES
Contract term
Capped at the first 20 years of sublease payments
Renewal
Listing Agreement commission is capped at the first 20 years of sublease payments. No separate renewal or extension terms were stated.
Document type
Agenda
Source document
City of Tustin Agenda September 15, 2026

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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 Tustin?

Cbre Inc was awarded this professional services contract by City of Tustin, as recorded on September 15, 2026. The contract value is Commission structure: 3.0% of total sublease payments for Years 1-5; 1.5% for Years 6-10; 0.75% for Years 11-15; 0.37% for Years 16-20.

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

The Cbre Inc contract with City of Tustin is valued at Commission structure: 3.0% of total sublease payments for Years 1-5; 1.5% for Years 6-10; 0.75% for Years 11-15; 0.37% for Years 16-20, covering professional services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Tustin Agenda September 15, 2026 (Agenda), dated September 15, 2026 from City of Tustin. 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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