Real Estate Services

The Louisville Arena Authority is seeking a vendor to provide comprehensive real estate services in conjunction with the sale of real property, acquisitions, and other related activities. The agency needs to market and seek purchasers for agency-owned properties, which requires the development of marketing strategies and listing materials for vacant land, commercial buildings, and residential properties. To support these sales, the agency requires opinions of value, market analyses, and pricing recommendations. For acquisitions, the agency requires the identification of potential vacant land, commercial buildings, and residential properties that meet specific agency criteria. The selected vendor must conduct market research, assist in evaluating acquisition opportunities, negotiate equitable purchase prices, and coordinate all activities necessary to bring transactions to closing. Additionally, the agency needs assistance with lease negotiations and the determination of fair market rental rates for commercial leasing opportunities. The agency requires periodic reporting on marketing efforts, transaction status, and market conditions. Bidders must demonstrate extensive knowledge of the Louisville metropolitan commercial and residential real estate markets, including the specific factors that affect local property values and marketability. The agency is looking for proposals to establish a contract with a performance period of one year. Eligibility is restricted to onshore organizations based in the United States. The agency requires the performance of all work to be conducted onsite in Louisville, Kentucky. Bidders must submit any questions regarding this opportunity no later than July 3, 2026, and the final responses may be submitted digitally via email or online.