Ned Turner
Senior Associate
Lic. Licensed in the State of Iowa
Professional Experience
Associated Office
Ned began his career in commercial real estate in 2020 with Hubbell Realty Company, one of Iowa’s oldest and largest developers. In 2022, he partnered with, Harrison Kruse, CCIM, SIOR, who collectively have completed over two million square feet in industrial real estate transactions across the Midwest since they’ve teamed up.
As a Senior Associate, Ned prioritizes providing exceptional advisory services to his industrial and logistics clients throughout the acquisition, disposition, and leasing processes in Iowa and the Midwest region. His expertise in the industrial sector fuels his passion to understand and master the nuances of industrial real estate, which he diligently shares with his clients. With extensive knowledge of industrial land, rail, warehouse, and distribution, coupled with an unparalleled work ethic, Ned consistently delivers results that exceed client expectations. He assists his clients in executing various types of transactions.
Ned assists his clients in performing on the following types of transactions:
- Developer/Investor Representation
- Landlord/Seller Representation
- Tenant/Buyer Representation
- Build-To-Suit Opportunities
- Sale Leasebacks
- Site Selection
Education
- University of Iowa, B.A. in Economics
Pro Affiliations / Accreditations
- Iowa Certified Commercial Investment Member (Iowa CCIM), Board Member 2023 & 2024
- Iowa Commercial Real Estate Association (ICREA)
Significant Transactions
- Innovairre, Mt. Pleasant, IA – Sale Leaseback, $10,670,000 Disposition
- MHC Ground, Ankeny, IA - Ground Acquisition, $5,445,000 Acquisition
- Weaton Companies Fairfield, IA – Sale Leaseback: $4,350,000
- DBE HQ Expansion, Urbandale, IA: $3,450,000 Acquisition
- 3800 West Ave, Burlington, IA – Industrial Investment & 15 Year Lease Upon Closing, $2,850,000 AcquisitionTenant: Western Smokehouse 103,000 SF Lease
- 400 SE 41st St, Grimes, IA- Industrial Lease, Tenant: Ferguson, 151,135 SF
- Des Moines Industrial - Industrial Lease, Tenant: Ziegler CAT, 111,000 SF
- 3500 Park Ave W, Muscatine, IA – Industrial Lease, Tenant: Butcherbox, 34,500 SF
Partial Client List
- Artisent Floors
- Barker Financial
- Compounding Capital Holdings
- Data Business Equipment, Inc
- Des Moines Industrial
- Ferguson
- Innovairre
- Knaebel’s Inc
- Kyger Glass
- Murphy Tower Service
- Navajo Inc
- Oxbo International
- Rost Bros LLC
- Soucy USA
- Weaton Companies
Team Overview
Specializing in Investment Properties in Iowa.
Harrison Kruse, Ned Turner and Francesca Smith are a specialized team in industrial real estate, focusing on the sales and leasing of industrial assets. With a combined 14 years of experience in the commercial real estate industry, they bring extensive knowledge and expertise to their clients. Harrison Kruse, with 9 years of experience, is known for his exceptional negotiation skills, strong analytical abilities, and deep market knowledge, making him a trusted advisor. Ned Turner, with 4 years of experience, with his market insight, analytical skills, and strong industry connections, ensuring high client satisfaction. Francesca Smith, with 1 year of experience, delivers value through her financial analysis, property valuations and curate market studies that identify key trends and opportunities for clients.
Their partnership leverages their complementary strengths to deliver comprehensive real estate solutions. By combining their market knowledge, they provide clients with an in-depth understanding of current trends and opportunities. Harrison’s negotiation skills, Ned’s industry connections, and Francesca’s data driven insight allow the team to secure favorable terms for their clients. Their analytical abilities support detailed market analysis and strategic planning, maximizing the value of industrial assets. The team is dedicated to offering personalized service and proactive solutions, ensuring that they stay ahead of market trends and effectively address potential challenges. Together, Harrison, Ned and Francesca form a formidable team in the industrial real estate sector, providing significant value to their clients.
Services Provided
Investment Sales- Represent investors on 1031
- Exchanges, Acquisitions, and Dispositions
Ground Up Construction
- Assist companies with expansion searches and acquiring vacant assets.
Owner/User Buyer Rep
- Represent developers on site selection, build-to-suits, and lease-ups.
Tenant Rep
- Represent Tenants on space searches for expansion and relocation requisites.
Landlord Rep
- Assist Landlords with leasing up vacant space and directly targeting users in the market.
Sale Leasebacks
- Assist businesses on SLB transactions to free-up liquidity for capital re-allocation strategies.
Clients
- Kinzler Construction Services
- Data Business Equipment Inc.
- Weaton Companies
- Des Moines Industrial
- BASF
- Monsanto
- Innovairre Inc.
- Bryan Heavy Equipment
- Ferguson Inc.
- Soucy USA
- Rost Bros LLC
- Kyger Glass
- Artisent Flooring
- Oxbo
- Franzenburg Centrifuge
- Plumb Supply Company
- MHC Kenworth
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