PROJECT APPROACH

Wilson Steele knows that the most successful real estate services partnerships are based on well documented and process-oriented delivery systems which define the steps, roles, responsibilities, deliverables, and performance metrics for each party based on transaction type. Wilson Steele has a very good understanding of the City process based on past transactional experiences with Wilson Steele’s key personnel. However, Wilson Steele remains very open to addressing a requirement for procedural changes that may best suit the City from time to time. The below processes, by transaction type, are initial recommendations based on standard practices for consideration. We will work with City real estate contacts to finalize each process creating a final Project Approach manual that can be shared with all key stakeholders which will participate in the real estate transaction process life cycle. With a well-defined Project Approach manual, functionality can be consistent and scalable to transaction volumes as the City requires.

CITY OF CHATTANOOGA REQUIREMENTS IN FOUR (4) KEY REAL ESTATE TRANSACTIONAL COMPETENCIES.

• Acquisition of Real Property (Purchase for fee ownership real estate)

• Acquisition Lease – Leasing Services representing the City as Tenant (New or Renewal Lease or Sublease)

• Sale - Disposition of Real Property (City owned asset)

• Third Party Lease - Leasing Services representing the City as Landlord (New or Renewal Lease)

Proposed Schedule

Wilson Steele proposes to have the final Project Approach Manual finalized with City cooperation within thirty (30) days of the fully executed supplier contract.

Availability

Wilson Steele is prepared to engage immediately upon executed supplier contract, or on such other date as requested by the City of Chattanooga.

Conflicts Of Interest

Wilson Steele has no conflicts of interest.