CUSTOMIZED MARKETING, ADVISORY AND OFF-MARKET ACQUISITION SOLUTIONS FOR BUYERS AND SELLERS ALIKE
ADVISORY-MARKETING SERVICES
Providing customized marketing services for select developers and sellers enlisting properties for sale.
ACQUISITION
Creating investment vehicles to source blend/extend and/or backfill redevelopment opportunities in collaboration with relationships built over the years by Ian Harrison. The primary focus will be on well-located neighborhood retail strip centers and mixed-use properties located throughout the greater Midwest, as well as select opportunistic net lease retail, medical and industrial net lease investments.
WHO WE LOVE
Our off-market offerings are for private investors engaged in a 1031 exchange, institutional net lease buyers (REITs, LPs and DST Sponsors), family office buyers and foreign investors. Property uses are primarily focused on single-tenant industrial, retail and medical properties. However, we are very in tune with additional property types, such as self storage, office, multi-tenant industrial, neighborhood centers and power centers. The majority of net lease properties will be under long-term leases with credit-worthy and qualified tenants. Some investments will be under existing leases but most will be either a new build-to-suit or a sale-leaseback by the tenant.
WHO WE ARE
In addition to sourcing, investment analysis and deal negotiation, Great Rivers has the experience and ability to carry the transaction from inception to closing and beyond. Lease review, purchase agreement draft and negotiation, third-party (survey, environmental, appraiser) engagement and, finally, arrangement of financing. Post-closing, Great Rivers can also offer asset management services, making the opportunity that much more passive to the investor With our long-standing experience with “double” net leases and extensive tenant relationships, our goal would be to give the investor that extra layer of comfort knowing their property and lease are in good hands.
WHAT WE’VE DONE
US FOODS CHEF STORE SALE-LEASEBACK
The client spent a lifetime managing and building thousands of acres of ranch and farmland in south-central California. It came to a point in life to consider a sale of the acreage and roll the equity into a 1031 Exchange and to target a series of passive net lease investments for the client and for generations to come.
PETSMART SALE-LEASEBACK
Another generational farmer/rancher client from California involved in a 1031 Exchange targeting a series of passive net lease investments. Great Rivers again partnered with Arete Wealth in providing direct, off-market whole property solutions for the client. Great Rivers worked directly with PetSmart corporate to structure a sale-leaseback of the facility, providing a long-term lease, strong rental escalations and an absolute net lease.
FENNEMORE CRAIG OFFICE BUILDING
A private, California-based client involved in a 1031 Exchange specifically sought after quality assets in Northern Nevada. Great Rivers harnessed the long-standing relationships the firm has with developers in sourcing a direct, off-market newly developing single-tenant net lease corporate office building in Reno, Nevada.
DOLLAR GENERAL
A private California-based client entered into a 1031 Exchange and wanted to pull investment dollars from very-active management in apartment ownership and instead reinvest in passive net lease property for the long-term. Great Rivers partnered with the client’s registered investment advisor (RIA) to provide a direct, off-market whole property.