The speculative development will feature two bulk facilities designed for modern logistics and manufacturing

INDIANAPOLIS – Ambrose, a vertically integrated real estate investment manager that specializes in the acquisition and development of modern industrial, logistics and e-commerce real estate, has broken ground on Indianapolis Logistics Park – South, a 16-acre, two-building Class A industrial park in Greenwood, Indiana, a suburb located directly south of Indianapolis.

Building I will offer approximately 105,000 square feet of space for lease, including a 2,900-square-foot office area; and building II will feature approximately 150,000 square feet, including a 3,200-square-foot office area. Both buildings are being developed on a speculative basis featuring 32-foot clear height and will seek LEED Silver Certification. Various configurations are available between buildings, with a minimum divisibility of 30,000. The buildings will be available for fixturing In October with substantial completion by year-end 2026.

“Indianapolis continues to show encouraging industrial momentum, with demand strengthening for modern, high-quality space that can support a range of logistics, distribution and manufacturing needs.,” said Senior Vice President of Investments Stephen Lindley. “Indianapolis Logistics Park – South is well positioned within that environment, offering direct I-65 access, proximity to I-465 and the airport, flexible Class A space and a strong surrounding labor base. We believe those fundamentals make this a compelling development opportunity and an attractive option for users seeking efficient connectivity across the Indianapolis market and broader Midwest.”

Situated along I-65 in Greenwood (within the South submarket of Indianapolis), the park is strategically positioned for local, regional and national distribution. It offers immediate access to I-65 through a directly adjacent I-65 interchange and is located within 10 minutes of I-465, which provides convenient access to I-70, I-69 and I-74. The site is also approximately 25 minutes from Indianapolis International Airport and the world’s second-largest FedEx hub, benefits from a surrounding labor pool of more than 170,000 people in Johnson County and is positioned within a one-day drive of 50% of the U.S. population.

The general contractor on the project is Compass Commercial Construction with design services provided by Curran Architecture and Kimley-Horn. The Indianapolis-based JLL team is handling leasing and marketing for the property.  Ambrose has partnered with Pinnacle Bank on the construction loan.

Ambrose announced the signing of three separate leases with occupiers at modern industrial facilities in Cincinnati, Denver and Orlando, totaling over 190,000 square feet of space.

A variety of logistics, manufacturing and technology firms secure space in developments designed to meet occupiers’ evolving and diverse operational needs

INDIANAPOLIS – Ambrose, a vertically integrated real estate investment manager that specializes in acquiring, developing and operating modern industrial, logistics and e-commerce real estate, today announced the signing of three separate leases with occupiers at modern industrial facilities in Cincinnati, Denver and Orlando, for a total of over 190,000 square feet of space.

“Each of these markets has its own unique dymanics and demand drivers, however, the common theme that ties them together is that occupiers across a variety of industries continue to have strong demand for modern, high-quality industrial spaces that meet their evolving manufacturing, logistics and supply chain needs,” said Stephen Lindley, Senior Vice President, Investments at Ambrose. “This leasing activity is a testament to our team’s capability to provide tailored real estate solutions to satisify the operational intensity and business expansion for firms of various scopes and growth stages.”

Sky Café, a subsidiary of PrimeFlight Aviation Services that provides catering logistics for commercial airlines, has leased 16,640 square feet at Building III of Ascent Commerce Center, a modern, multi-tenant industrial park comprised of three industrial buildings in the Denver Airport submarket. The 127,631-square-foot Building III is already home to Lawless Group and 84,528 square feet remains available to lease, including a 2,600-square-foot office. Acquired by Ambrose in 2024, Ascent Commerce Center is strategically located just west of Denver International Airport with easy access to Peña Boulevard and E-470. Ascent Commerce Center Building I also has 43,350 square feet available for immediate occupancy, including a 1,858-square-foot office. The leasing agent for the park is the locally-based Cushman and Wakefield team.

OSH Cut, a manufacturing firm that provides on-demand metal fabrication for end users across the U.S., has leased  69,659 square feet at Building II of Cincinnati Logistics Park – Airport West, a modern, four-building, 84.77-acre industrial development in the Cincinnati / Northern Kentucky market. Building II is a 246,552-square-foot facility with 176,893 square feet still available to lease, including a 3,084-square-foot office. Additional space is also available to lease within Building I of the park, including 260,072 square feet with a 3,084-square-foot office, and Buildings III & IV are available for build-to-suit configurations. The park is situated ideally along I-275, offering easy access to I-71, I-75 and I-74, and just six miles west of the Cincinnati / Northern Kentucky International Airport, the seventh largest cargo airport in North America. The leasing agent for the park is the locally-based Colliers International team.

A confidential technology subsidiary of a Fortune 500 company has signed a 103,878-square-foot, full-building lease at Ambrose’s Orlando Logistics Park at LeeVista in Orlando, Florida. The three-building, state-of-the-art industrial park is situated just five minutes north of the Orlando International Airport, offering unparalleled access to Central and Southeast Florida via the Florida Turnpike and State Route 528. Buildings II and III remain available to lease.  Building II is a 349,795-square-foot, 36’ clear height cross-dock facility with 2,899-square-foot office, while Building III has 219,533 square feet available, including a 2,499-square-foot office. The leasing agent for the park is the locally-based JLL team.

Ambrose has made two new hires…

INDIANAPOLIS – Ambrose, a vertically integrated real estate investment manager that specializes in acquiring, developing and operating modern industrial, logistics and e-commerce real estate, today announced the addition of two team members: Dina Randall as senior executive assistant and Nate Eckert as financial analyst. The announcement follows the recent promotion of three key team members in Ambrose’s investment and development teams.

“Dina and Nate both bring quality, relevant professional experience and a track record of excellence that will make them a valuable addition to our team,” said Ambrose President and Chief Investment Officer Jason Sturman. “Our culture is centered around investing in the diverse skill sets of talented professionals across all aspects of our platform and ensuring consistent value and positive outcomes delivered for our partners and investors.”

Dina Randall is an experienced administrative professional with more than 20 years in the commercial real estate industry. In her role as senior executive administrative assistant, Randall will bring precision and expertise to supporting Ambrose Founder and CEO, Aasif Bade. She most recently served as vice president of HR, IT, marketing and office management at Strategic Capital Partners and and previously held roles Duke Realty (now Prologis (NYSE: PLD)). Randall holds an associate’s degree in marketing, advertising and middle management from Ball State University, Miller College of Business.

Nate Eckert began his professional career in 2023 at Extra Space Storage, advancing from an intern to an investment analyst role where he built financial models for acquisitions, dispositions and asset management. As financial analyst at Ambrose, he will be responsible for supporting financial modeling and underwriting, market research and analytics and reporting for acquisitions and development.  Eckert holds a bachelor’s degree in finance from Indiana University’s Kelley School of Business.

Ambrose, a vertically integrated real estate investment manager, has partnered with the PREA Foundation to launch the Ambrose x PREA Foundation Opportunity Scholarship Program, a fiv…

Five-year program will support 50 internships for students annually across the industry through 2030

INDIANAPOLIS – Ambrose, a vertically integrated real estate investment manager that specializes in acquiring, developing and operating modern industrial, logistics and e-commerce real estate, in partnership with the Pension Real Estate Association (“PREA”) Foundation, today announced the launch of the Ambrose x PREA Foundation Opportunity Scholarship Program, which will fund 50 internship scholarships annually to support the next generation of leaders in commercial real estate. Ambrose has pledged $1,000,000 to support the five-year program. 

The program, which is open to undergraduate and graduate students from all backgrounds, aims to remove financial roadblocks and open meaningful doors in an industry historically characterized by higher barriers to entry and career advancement. Students who have accepted an internship through a PREA Foundation-funded program and expressed a financial need to pursue a career in the commercial real estate and/or finance sectors will be considered for the scholarships. The program’s inaugural 2026 Scholars Class will be announced later this spring.

“As a direct beneficiary of an internship program that opened the doors to the start of my successful industrial real estate career, I am proud that Ambrose is playing such an impactful role in cultivating the future talent pipeline of our industry,” said Aasif Bade, Founder and CEO of Ambrose. “Programs such as this provide the practical experience, exposure, foundational knowledge and inspiration that is critical for a young person’s career trajectory. I am grateful for the support and partnership of the PREA Foundation as we help to create life-changing opportunities for the next generation of innovative young professionals who will have a positive and enduring impact on our industry for many decades to come.”

PREA Foundation is the philanthropic arm of PREA, a non-profit trade organization representing the global institutional real estate investment industry. The Foundation’s mission is to advance the interests and values of the institutional real estate investment community by creating opportunities for people from all backgrounds to access and excel in the industry. They provide grant funds to create programs that equip emerging talent with the skills, experiences and opportunities needed for long-term career success in the real estate industry.

“Ambrose’s investment reflects the kind of leadership that defines our industry at its best,” said Dr. Ivan Barron, Executive Director of the PREA Foundation. “Aasif’s journey is a powerful example of what access and opportunity can unlock, and his decision to pay that forward will create transformative pathways for more than 200 students to enter and advance in commercial real estate. By addressing financial barriers at a critical moment, this scholarship helps ensure that emerging talent can pursue and sustain long-term careers in our industry.”

Advancement of key team members demonstrates the firm’s depth of excellence and capabilities in industrial real estate investment and development

INDIANAPOLIS – Ambrose, a vertically integrated real estate investment manager that specializes in acquiring, developing and operating modern industrial, logistics and e-commerce real estate, today announced the promotion of three key team members. These elevations demonstrate the firm’s ongoing commitment to cultivating industry-leading talent and delivering superior outcomes for its occupiers, business partners and investors.

“The exceptional achievements of each one of these team members during their tenure here reflects the caliber and depth of talent that drives Ambrose’s success,” said Ambrose President and Chief Investment Officer Jason Sturman. “As our platform continues to expand and scale, the hands-on expertise of our team and the empowerment of their continued professional growth gives us an optimal position to navigate evolving market dynamics while maintaining our commitment to excellence, innovation and positive outcomes for our clients and investors.”

The following Ambrose team members have been promoted:

Todd Justus has been promoted to Senior Development Manager. A key contributor to the build-to-suit team for more than four years, Justus has executed hundreds of millions of dollars in development volume across fee and capitalized structures for national clients including Amazon, Siemens and PL Cold. Known for his exceptional technical expertise and unwavering commitment to quality, Justus will continue driving Ambrose’s growth in the build-to-suit sector in this elevated role.

Dan Kmiecik has been promoted to Senior Development Manager. During his four years on Ambrose’s development team, Kmiecik has played a pivotal role in expanding the firm’s presence in the Florida and Denver markets. He also supports national build-to-suit clients, bringing grit and persistence to every project — efforts that earned him Ambrose’s internal award for determination. In his expanded role, Kmiecik will apply his development expertise to leading complex projects within Ambrose’s build-to-suit operations.

David Dunbar has been promoted to Market Officer. Since joining the firm more than two years ago, Dunbar has been a vital member of the deployment team, strengthening Ambrose’s presence throughout the Midwest and Denver regions through strategic relationship building and business development efforts. He also supports leasing initiatives in key markets, leveraging his extensive network. In his new role, Dunbar will broaden his focus across the greater Midwest, leading pipeline expansion and leasing execution.

The fundraising landscape for industrial and logistics strategies is entering a new phase as capital markets begin to normalize and investor confidence gradually returns. While the secto…

Some in the industry see little impact from the decision, while others lament the heightened market uncertainty