REPORT/RECOMMENDATION TO THE BOARD OF SUPERVISORS
OF SAN BERNARDINO COUNTY
AND RECORD OF ACTION
December 5, 2023
FROM
TERRY W. THOMPSON, Director, Real Estate Services Department
JAMES E. JENKINS, Director, Department of Airports
SUBJECT
Title
Consultant Agreement with Jones Lang LaSalle Brokerage, Inc. for Marketing and Commercial Brokerage Services at Chino Airport
End
RECOMMENDATION(S)
Recommendation
1. Approve a Consultant Agreement with Jones Lang LaSalle Brokerage, Inc., to represent San Bernardino County in negotiating and securing potential ground leases at designated portions of Chino Airport, consisting of approximately 307 acres of land in Chino, for approximately a one-year term commencing on December 5, 2023 through December 4, 2024, with four one-year extension options, with real estate commissions for such leases executed during the term and within six months thereafter, with eligible tenants confirmed by San Bernardino County, payable as follows: (a) for a single executed lease for the entire 307 acres, a flat fee of $3,750,000, or (b) for separate executed leases for portions of the 307 acres, 2.5% commission from the rent payments for years one through five of the initial term plus 1.25% commission from the rent payments for years six through 10 of the initial term, provided that the commissions payable for all executed leases for portions of the 307 acres of land do not exceed a total of $6,000,000.
2. Authorize the Director of the Real Estate Services Department to execute amendments to the Consultant Agreement with Jones Lang LaSalle Brokerage, Inc., upon consultation with the Chief Executive Officer and Director of the Department of Airports, and subject to review and approval by County Counsel, solely for the purposes of exercising San Bernardino County's four, one-year extension options, for a total term not to exceed December 4, 2028.
3. Direct the Director of the Real Estate Services Department to transmit any subs...
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