"The Gate City"
4s THE CITY OF NASHUA
Economic Development Division
To: Mayor Donchess, City of Nashua
From: Tim Cummings, Economic Development Division Director
Ce: Janet Graziano, Financial Manager
Date: August/2018
Re: Real Estate Broker Contract
Request
The Office of Economic Development requests the approval of the contract before you in the amount of
30,00 with Brochu Realty Group of KW Realty Metropolitan of Bedford, New Hampshire.
Background on Procurement
This contract is with a reputable real estate brokerage group. In May of 2018, the City of Nashua Office of
Economic Development issued a Request for Proposals seeking responses from professional real estate
brokers and agents to assist in the marketing and disposition of residential property obtained either for
related infrastructure projects and now deemed surplus or tax deeded property.
While following required Purchasing Department protocol for public notification of brokerage/marketing
services, staff took additional steps to identify the most capable companies in Nashua. Notices of the
availability to pursue this work were sent directly to five (5) firms. The City received one (1) response.
The following is the current list of property that city will be selling:
* 11 Baldwin Street - Nashua
* 9 Hillcrest Avenue - Nashua
® 38 % West Hollis Street - Nashua
Enclosure
Please see the enclosed RFP and Respondent.
