Qualified Commercial Real Estate Brokerage Services

Project Information

Bid Title
Qualified Commercial Real Estate Brokerage Services
Issuing Agency
Santa Fe Irrigation District
Location
California
Published Date
Mar 4, 2026
Closing Date
Mar 20, 2026
Government Level
State & Local
Status
Closed
Original Source
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Project Description
Bid Title: Qualified Commercial Real Estate Brokerage Services
Category: Services
Status: Open
Description:

SANTA FE IRRIGATION DISTRICT

REQUEST FOR PROPOSAL FOR

QUALIFIED COMMERCIAL REAL ESTATE BROKERAGE SERVICES

Introduction :

The Santa Fe Irrigation District (District) is seeking proposals from qualified broker to assist in identifying appropriate commercially zoned office properties within the District’s service territory (bounds shown later) that are approximately 10,000-15,000 sq. ft., preferably well maintained “class B” or greater, with an acquisition price that is around $12 million or less. If suitable properties are identified, District Staff and the winning broker will work with its Board of Directors (Board) to present information on the properties (with a potential tour) at one of their regular or special meetings. If the Board were to select a property to move forward with, the winning broker would be selected to negotiate on behalf of the District and provide services up to and including closing on the property.

This Request for Proposals (RFP) describes the project in more detail, the required scope of services, the selection process, and the minimum information that must be included in the proposal. Failure to submit information in accordance with the RFP requirements and procedures may be cause for disqualification. The District reserves the right to waive minor proposal deviations or omissions at its sole discretion.

General Information :

There is no express or implied obligation for the District to reimburse responding broker/firms for any expenses incurred in preparing proposals in response to this request. Materials submitted by respondents are subject to public inspection under the California Public Records Act (Government Code Sec. 6250 et seq.), unless exempt.

The District reserves the right to retain all proposals submitted and to use any ideas in a proposal regardless of whether the proposer is selected. Submission of a proposal indicates acceptance by the firm / broker of the conditions contained in this Request for Proposals, unless clearly and specifically noted in the proposal submitted and confirmed in the contract between the District and the broker selected.

Interested parties may obtain information about the District on the District’s website: www.sfidwater.org . The information available from the website includes current financial information, including Annual Comprehensive Financial Reports and budgets.

Project Description :

Based on outdated office facilities at the RSF Property, the District’s Board has directed Staff to work with a qualified commercial real estate broker to determine if any suitable properties are for sale within the District boundaries and to provide a report back at an appropriate time on options for potential purchase. If these office functions were to be relocated to another property, the corporate yard facilities would continue to reside at 5920 Linea del Cielo. Because the District is funded by, and exists to serve, ratepayers inside its service area, keeping our public-facing and governing functions in-District ensures that public expenditures and public benefit is upheld and supports accessibility for customers attending meetings or seeking services. The District’s boundary map is below. Typical areas within the District that have commercial office properties are located in Solana Beach (coastal and adjacent to Interstate 5), the core area of Rancho Santa Fe, and portions of unincorporated San Diego County located in the southern portion of the District.

The District performed a detailed facilities needs assessment that can be found in the link as follows, which performed a general estimate on square footage needs for current and projected uses.

https://www.sfidwater.org/DocumentCenter/View/1711/Draft-Assessment-Needs-Study-Sept- 2024

Based on this, the District is looking for a class B or above office property that has between 10,000 – 15,000 gross square foot of dedicated office space. Acquisition price should be approximately $12 million or less, excluding tenant improvement requirements, and shall be supported by an independent appraisal obtained by the District. Final purchase price shall be determined by the District.

The District is in a very favorable financial position and securing funding necessary for closing on a property (cash and / or financing) is not anticipated to be an issue. Additionally, the District’s Board will wait until the appropriate property at a fair value becomes available as the District may continue to serve its customers with the facilities currently in place.

Pre-Submittal Activities :

All communications relating to the RFP should be directed to:

Seth Gates, Chief Financial Officer

Santa Fe Irrigation District

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(858) 756-5970

There will be no pre-proposal meeting for this project. Please address all questions relating to the RFP to Seth Gates by March 12, 2026.

Publication Date/Time:
3/4/2026 12:00 AM
Closing Date/Time:
Open Until Contracted
Submittal Information:
See "Related Documents" tab
Bid Opening Information:
March 20, 2026 @ 12:00 p.m.
Contact Person:
Seth Gates, Chief Financial Officer
sgates@sfidwater.org
(858) 756-5970
Download Available:
See "Related Documents" tab
Plan & Spec Available:
See "Related Documents" tab
Business Hours:
8:00 a.m. - 4:00 p.m.
Related Documents:
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Commodity Codes
  • NAICS 531210Offices of Real Estate Agents and Brokers
  • NAICS 531390Other Activities Related to Real Estate
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