Real Estate Brokerage Services: Sale of Cascade Station Leased Parcels D, E, and G
ID: 25-09
• State: Oregon
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Description
Background
Prosper Portland, the economic development and redevelopment agency for the City of Portland, Oregon, is seeking proposals from qualified real estate brokers to represent the agency in the sale of three leased properties known as Cascade Station Parcels D, E, and G. These properties are vacant and targeted for future retail development, located at NE Cascades Parkway, Portland, OR 97220.
Work Details
The selected broker will provide comprehensive marketing and brokerage services which include:
- Developing marketing strategies and materials.
- Soliciting interest from potential buyers, tenants, and developers.
- Showing the properties.
- Recommending sale prices.
- Screening prospective buyers/tenants.
- Participating in community outreach.
- Assisting in negotiations.
- Documenting all actions and providing regular reports on marketing activities.
- Submitting offers for consideration.
- Preparing necessary disclosures.
- Acting as Prosper Portland’s representative during transactions.
The properties consist of three parcels totaling 22.98 acres: Parcel D (5.907 acres), Parcel E (7.797 acres), and Parcel G (9.268 acres), all zoned General Employment 2 (EG2hx).
Period of Performance
The contract period is expected to commence upon selection of the broker and will continue until the successful sale of the properties or until otherwise terminated by Prosper Portland.
Place of Performance
The work will be performed at Cascade Station Parcels D, E, and G located at NE Cascades Parkway, Portland, OR 97220.
Bidder Requirements
Bidders must demonstrate relevant experience in real estate transactions similar to this RFP. They should also outline any diversity initiatives undertaken to support historically marginalized groups within the real estate industry.
Prosper Portland, the economic development and redevelopment agency for the City of Portland, Oregon, is seeking proposals from qualified real estate brokers to represent the agency in the sale of three leased properties known as Cascade Station Parcels D, E, and G. These properties are vacant and targeted for future retail development, located at NE Cascades Parkway, Portland, OR 97220.
Work Details
The selected broker will provide comprehensive marketing and brokerage services which include:
- Developing marketing strategies and materials.
- Soliciting interest from potential buyers, tenants, and developers.
- Showing the properties.
- Recommending sale prices.
- Screening prospective buyers/tenants.
- Participating in community outreach.
- Assisting in negotiations.
- Documenting all actions and providing regular reports on marketing activities.
- Submitting offers for consideration.
- Preparing necessary disclosures.
- Acting as Prosper Portland’s representative during transactions.
The properties consist of three parcels totaling 22.98 acres: Parcel D (5.907 acres), Parcel E (7.797 acres), and Parcel G (9.268 acres), all zoned General Employment 2 (EG2hx).
Period of Performance
The contract period is expected to commence upon selection of the broker and will continue until the successful sale of the properties or until otherwise terminated by Prosper Portland.
Place of Performance
The work will be performed at Cascade Station Parcels D, E, and G located at NE Cascades Parkway, Portland, OR 97220.
Bidder Requirements
Bidders must demonstrate relevant experience in real estate transactions similar to this RFP. They should also outline any diversity initiatives undertaken to support historically marginalized groups within the real estate industry.
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Overview
Agency
Opportunity ID
25-09
Response Deadline
June 4, 2026
Past Due
Date Posted
May 21, 2026
Source
Q&A Deadline
Vendor questions must be submitted to the RFP Coordinator, Caleb Comas, at comasc@prosperportland.us. Questions are due by the stated deadline.
Est. Value Range
Experimental
$300,000 - $1,200,000
(AI estimate)
On 5/21/26 Prosper Portland in Oregon issued Real Estate Brokerage Services: Sale of Cascade Station Leased Parcels D, E, and G with ID 25-09 due 6/3/26.
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Documents
Posted documents for Real Estate Brokerage Services: Sale of Cascade Station Leased Parcels D, E, and G
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