Contracted Broker Services

In furtherance of the fulfillment of its statutorily assigned responsibilities, the Real Estate Program uses the services of private sector real estate brokerage firms to provide services to State agencies in various counties. With limited exceptions, all State agencies and institutions MUST utilize contracted real estate brokerage services when leasing or purchasing property in any of the nine counties covered by the contracts. Regardless of the contractual obligation to utilize the brokers’ services, the Real Estate Program has found that assistance from professional real estate brokers provides significant advantages to State agencies and institutions.

In a leasing situation the broker’s assistance up-front can save the agency/institution time, money and frustration by assisting with needs assessment and space programming. In addition, the brokers’ knowledge of the real estate market can help agencies find locations that meet their needs while assuring that State dollars are spent wisely.  The brokers, in collaboration with the tenant agency or institution, will conduct the negotiations with the landlord and/or its agent. In addition, the brokers will draft the lease agreement.

The State’s contract with its designated Broker specifies that the Broker will provide, within the assigned geographical area, all real estate acquisition services (defined as acquisition of any real estate interest such as lease, lease with option to purchase, out-right property purchase) to all State executive branch agencies including institutions of higher education. Statutory exceptions exist for Department of Transportation right-of-way transactions, Department of Natural Resources and Colorado Parks & Wildlife, and the State Land Board.

The Broker must also be used in lease term extensions, although a determination that takes into account the advantages and disadvantages of such extension should be made prior to pursuing the extension. 

Real Estate Programs, through its authority under § 24-30-1303, C.R.S. and § 24-80-102, C.R.S., has contracted with real estate brokers in the seven county Denver metro area and in El Paso and Pueblo Counties to be the state's sole source agents for acquiring real estate interests.

Denver Metropolitan Area

(Adams, Arapahoe, Boulder, Broomfield, Denver, Douglas and Jefferson Counties)
Jones Lang LaSalle
1225 17th Street, Ste. 1900
Denver, CO 80202
Tel: 303-260-6500
Fax: 303-572-0914
Contact: Barry Dorfman, Joe Hollister or Patrick Bolick

Colorado Springs and Pueblo

(El Paso and Pueblo Counties)
SOCO Commercial Real Estate
17 South Wasatch Avenue
Colorado Springs, CO 80903
Tel: 719-337-1500
Contact: Mary Frances Cowan