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Agenda - Council - 12/10/2013
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Agenda - Council - 12/10/2013
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3/18/2025 9:41:17 AM
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12/11/2013 10:22:34 AM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
12/10/2013
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TERM AND COMPENSATION <br />Tern and Compensation <br />A contract for sale listing services would be for the time period required, but no less than twelve (12) months, <br />with conditions that shall he mutually acceptable to all parties. Either party may have the right to cancel the <br />listing contract with thirty (30) clays written notice, with no further consideration to either party required. <br />Campleteri Sale Fee: Six percent (6%) of sale values Co -Brokered Fees below for Buyer representat sales_ <br />Development and Cnrrstraetio r ain:Ele€rrent Fee.: If requested, Mid -America proposes to provide <br />conceptual project planning services for development, estimating or space planning at the rate of $150.00 per <br />man hour, plus the direct costs for reproduction services, In addition, Mid -America shall oversee the <br />construction of capital improvement projects required by Owner, Tenant Deliveries and Tenant Improvement <br />projects as defined by individual leases. Mid -America proposes fees in the amount of five percent (5%) of the <br />gross construction costs for any development or tenant improvement oversight. <br />Fame'', of Commission: Paid in full upon successful closing of a sale. <br />Co -Brokered Fees Will be negotiated an a ease by case baths with outside broker for leases so long asthey <br />have an exclusive relationship (including Mid -America Real Estate -Minnesota. LLC or any of its affiliates, <br />when they have an exclusive tenant/buyer relationship). In the event of a co -brokered (buyer represented <br />sale), the Completed sale fee shall be increased to eight percent (8%) to be equitably split between the <br />Listing Broker and the Buyer Rep Broker, <br />Other Fees: No other fees will be required of client other than sale commissions and any other fees for <br />requested services by client. <br />References <br />The Marketing Team has collaborated on the successful management and leasing assignments for llae <br />following clients: <br />1.11iV <br />Invesco <br />William Brown <br />13155 Neel Road, Suite 500 <br />Dallas, TX 75240 <br />(972) 715-5846 <br />��soLo�oN <br />REAL ESTATE <br />Jay Scott <br />6500 Felieita Court <br />Naples, FL 34110 <br />(651) 336-6060 <br />GATLIN DEVELOPMENT COMPANY <br />Loren Van Der Slik <br />88S E. Las O1as Boulevard, Suite 600 <br />Fort Lauderdale, EL 33301 <br />(954) 3 02-5900 <br />MID-M/ERI A <br />
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