WHAT WE’VE DONE

Great Rivers has been blessed with such wonderful relationships built over the years.  We take a great deal of pride in our work ethic, tenacity and genuine pursuit of excellence, then success for our clients and partners.  To us, this is what “winning” is.  While earnings are important and are the fuel to our business, earnings do not define success.  Providing the best of customer service, counsel, knowledge and execution is what success is to us at Great Rivers.  Below is a sampling and testament of what we have been able to accomplish in our short history:

medical clinic

“Ian did a great job bringing my firm a property and helping us close. I appreciate the experience he brings to the transaction and how he’ll make sure we get what we need to close. I would strongly recommend working with him.” 

– Daniel Abramowitz, Kingsbarn Realty Capital

FRESENIUS KIDNEY CARE

Property Type:
Medical Clinic		 Location:
Arleta, California		 Purchase Price:
$8,960,000

Custom Client Assignment:
Institutional Investor

SOLUTION: 

Great Rivers was tasked with sourcing a medical office investment for a large institutional buyer.  Great Rivers worked directly with the preferred developer of the property to negotiate an agreeable purchase price for the investor.

discount retail

“Embree Capital Markets Group, Inc. has had the pleasure working with The Great Rivers Company, LLC on a number of our build-to-suit development projects. Ian Harrison represented the purchasers on several of our developed assets, he has great understanding of both the development and transaction intricacies, which resulted in smooth and efficient closings. We look forward to working with Ian in the future.” 

– Klinton Lewis, Director of Brokerage Embree Capital Markets Group, Inc.

DOLLAR GENERAL

Property Type:
Discount Retail		 Location:
Welches, Oregon		 Purchase Price:
$2,614,000

Custom Client Assignment:
Private 1031 Exchange

Partner:
Broker-Dealer/Registered Investment Advisor

SOLUTION:

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.  Great Rivers worked directly with the preferred developer of the property to negotiate a price prior to the property being broadly marketed, thereby providing a stronger return for the investor.

office building

“Ian has been a pleasure to work with and has become a great resource for us. He’s diligent, responsive and has demonstrated an ability to navigate complex transactions under tight deadlines.” 

– Tyler Lantrip, Tolles Development

FENNEMORE CRAIG OFFICE BUILDING

Property Type:
Office Building		 Location:
Reno, Nevada		 Purchase Price:
$6,400,000

Custom Client Assignment:
Private 1031 Exchange

Partner:
Broker-Dealer/Registered Investment Advisor

SOLUTION:

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.  The tenant, Fennemore Craig, is a reputable regional law firm in the western USA and relocated their Reno offices to this new development in the beautiful Villages at Rancharrah development.

big box retail

“Working with Ian Harrison was a pleasure. He delivered exactly what I asked for, an off market clean corporate backed, bread and butter property. I look forward to working with Ian on future deals. I’ve referred him to several people. He worked tirelessly on my closing to make sure my 1031 went smoothly and listened to my needs. Ian is your man he delivers.”

– C.S. Los Angeles, CA

PETSMART SALE-LEASEBACK

Property Type:
Big Box Retail 		Location:
Edmond, Oklahoma		 Purchase Price:
$3,255,000

Custom Client Assignment:
Private 1031 Exchange

Partner:
Broker-Dealer/Registered Investment Advisor

SOLUTION:

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.

bulk grocery store

“In working with Ian for over 10 years, I’ve been impressed with Ian’s ability to source off market transactions with high quality tenants in high quality buildings across the US. From deal initiation to close, Ian is well versed in the intimacy of the transaction and maintains a positive relationship with all parties without sacrificing deal integrity. His work leads to satisfied investors both at deal initiation and years after the close. I am happy to refer Ian and continue to work with him as a key piece of our team.” 

– Matt

US FOODS CHEF STORE SALE-LEASEBACK

Property Type:
Bulk Grocery Store 		Location:
Charleston,
South Carolina		 Purchase Price:
$14,500,000

Custom Client Assignment:
Private 1031 Exchange

Partner:
Broker-Dealer/Registered Investment Advisor

SOLUTION:

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.  Great Rivers partnered with Arete Wealth in providing direct, off-market whole property solutions for the client.  In collaboration with the property broker providing tenant representation, Great Rivers was able to structure a sale-leaseback of the facility, providing a long-term lease, strong annual rental escalations and an absolute net lease with the tenant.  Additionally, Great Rivers was able to arrange permanent acquisition financing for the client with a reputable CMBS lender.

“Ian brought a buyer to a multi-tenant garden office building.  Throughout the transaction, he was professional and diligent in his representation.  We were able to successfully close the deal.  Ian and I have continued our relationship in sourcing off-market deals”

-Michael K., broker with LOGIC CRE

Plumas Commons Office Acquisition

Property Type:
Multi-tenant Office		 Location:
Reno,
Nevada		 Purchase Price:
$11,945,000

Custom Client Assignment:
Private 1031 Exchange

Partner:
Broker-Dealer/Registered Investment Advisor

SOLUTION:

The client was in pursuit of a well-located, strong growth and demographic market such as Reno, Nevada.  Due to existing relationships Great Rivers has in Reno (having lived there for 4 years), we were able to secure a fantastic property with a lineup of tenants that should be in place for years to come.  The intrinsic value of this property was better than most, being located in a very infill location amongst wealthy and high-density households, very close to all the great amenities that Reno has to offer.  It was a pleasure to work with this client again and to have a wonderful collaboration with the brokers as well, who were top-notch in helping see the transaction through to a smoove closing.

“Ian did a great job matching us with a very specific Buyer for a short term industrial asset we were looking to sell in the Midwest.  I sought out Ian because of his experience and strong relationships in our space.  It resulted in a quick and seamless closing.”

-Jared M., Four Springs Capital Trust

“Ian has always been able to source hard to find deals for our company. He is a sophisticated broker as he knows what kind of deals we like and only sends the ones that make sense for us showing that he is careful about his clients use of time. Ian is very detail oriented, which has been very helpful on challenging deals as has always stayed actively involved in every transaction from start to finish. We enjoy working with Ian and would welcome an opportunity to close another deal with him soon!”

-Brad J., The Joseph Companies

Monsanto-backed Industrial Warehouse

Property Type:
Net Lease Industrial Warehouse		 Location:
Morton,
Illinois		 Purchase Price:
$6,175,000

Custom Client Assignment:
Family Office Investor/Developer

Partner:
Institutional Owner/REIT

SOLUTION:

Great Rivers was approached by a well-known Institutional owner and Real Estate Investment Trust (REIT) to source an off-market investor for a property planned for disposition.  We were able to quickly present the opportunity to a local family office and real estate developer seeking short-term passive net lease industrial/warehouse property in a market “close to home”.  This property held a very strong credit tenant behind the lease, but with clarity that this tenant had intention of vacating the property in the near future albeit with a back-up tenant in hand ready to occupy the space long-term.  This provided comfort to the investor in pursuing the deal and the owner was pleased we were able to source an investor that had great familiarity with the market and the back-up tenant.
“I’ve gotten to know Ian over the last 12 years and have worked with him on multiple transactions. He is always responsive and understands how to navigate a deal forward to closing. He does a great job both representing Buyers and Sellers and I hope to have the opportunity to work with Ian again soon.”

-Chris H., Thompson Thrift Development

“Ian Harrison and Great Rivers have been outstanding in their work. They were extremely knowledgeable about real estate offerings to meet my needs. Beyond that, they are efficient and responsive to requests, with prompt replies covering the needed details. It has been a pleasure to work with them. I highly recommend them without reservation.”

-Marc S.

Bank of America Ground Lease

Property Type:
Bank Ground Lease		 Location:
Columbus,
Ohio		 Purchase Price:
$2,365,000

Custom Client Assignment:
Private 1031 Exchange

Partner:
Broker-Dealer/Registered Investment Advisor

SOLUTION:

Great Rivers was engaged by a broker-dealer rep/partner to assist him in helping his client source a direct, off-market passive net lease property within a short time period.  Having the “finger on the pulse” of hundreds of direct off-market deals at all times, we were able to secure a new build-to-suit Bank of America branch on a ground lease for this client.  The developer is a long-standing colleague and friend of the firm and, having a great deal of intimate knowledge on the resilient and stable market of Columbus, Ohio (having lived there for 4 years), we were able to describe with clarity the value of the intrinsic value of the real estate, while also explaining the reason Bank of America would choose such a site in this market.  It gives us great satisfaction when we are able to provide a passive deal like this one, where the investor simply collects a check every month and can proceed into their later years with complete peace of mind that this strong investment grade tenant is on the hook for the next 15 years.
“Ian is very professional and immediately showed me that he knows this business very well as he has been a commercial RE buyer for about 10 years prior to branching out on his own. He spent a lot of time educating and explaining the NNN leasing business to me since I was a complete novice at that time and this was my first 1031 NNN purchase. Ian is also very good in following up and getting back as promised, which is not always the case with other agents and brokers in this business. To summarize, Ian is knowledgeable, honest and reliable, and I am planning to use his services again in the near future.”

-Lev T.

Jared the Galleria of Jewelers

Property Type:
Single-tenant Retail
Absolute Net Lease		 Location:
Winston-Salem,
North Carolina		 Purchase Price:
$4,260,000

Custom Client Assignment:
Private 1031 Exchange

Partner:
Broker-Dealer/Registered Investment Advisor

SOLUTION:

A broker-dealer rep/partner urgently approached Great Rivers to assist him and his client in sourcing a direct, off-market passive net lease property in a very tax friendly state.  We actually assisted the previous owner of the property in securing this acquisition as well, therefore representing both sides of the transaction and having the investment come “full circle”.  Due to a decade of experience we have in understanding the psychology and performance of particular tenants, such as Jared Jewelry, we were able to present this direct, off-market property with the knowledge and utmost confidence that Jared will perform well at this location for the long-term, while also having inside knowledge on the corporate performance of the tenant on the lease.  We were able to assist the client with engaging both the appropriate title company and a local real estate attorney, while additionally guiding the client’s lender through the quality of the investment.  This client and his rep have become close friends of the firm and it was an absolute honor to work with each of them toward a successful closing.

“Ian was a great resource to have when it came to a sale we had earlier this year. Ian is an experienced professional who is personable, diligent, and knowledgeable of the “credit” and was able to help us find the right buyer for our recently developed properties.”

– Jon H. , Drake Real Estate Services

To learn more about this portfolio transaction, please contact Ian Harrison at 612-840-4942.

GET STARTED

If you are ready to move into the net-lease real estate sector, or are seeking new or additional investment partnerships, contact Ian at Great Rivers Realty Capital today.

Call Ian at 612-840-4942
iharrison@greatriversco.com