Ambrose announced key promotions and new hires across its growing team.
Ambrose announced key promotions and new hires across its growing team.
Real Estate, Retail, Construction: Aasif Bade founded Ambrose — an investment management firm focused on acquiring, developing and running industrial, logistics and e-commerce real estate — nearly two decades ago. Ambrose has developed and acquired more than $3.5 billion in assets.
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 key promotions and new hires across its growing team. This announcement follows the recent hiring of Courtney Schneider as Vice President and Market Officer for the Mountain States Region.
“The promotions and new additions of these Ambrose team members reinforces our commitment to cultivating and recruiting industry-leading talent that enables our platform to drive successful, consistent outcomes for our tenants, clients, business partners and investors,” said Ambrose President and Chief Investment Officer Jason Sturman. “The depth of experience, capabilities and achievements of both our advancing and newly added team members strengthens Ambrose’s ability to strategically deploy and manage investor capital and effectively develop and acquire modern industrial assets across target markets in the U.S.”
The following Ambrose team members have been promoted:
Clay Smith has been promoted to director of development. An instrumental contributor to the development team since joining the firm in 2021, Smith has played a pivotal role in managing numerous build-to-suit projects on behalf of global occupiers. His ability to balance risk management with client success will continue to be a critical value-add as his role expands to take on more leadership with tenant clients within the Ambrose build-to-suit business.
Kendrick Crisp has been promoted to accounting manager. Since joining the Ambrose accounting team in 2020, Crisp has consistently demonstrated strong performance and reliability, delivering results that have made a meaningful impact on Ambrose’s success.
Ambrose has welcomed the following new hires:
Anne Stewart has joined Ambrose as chief of staff, supporting Founder & CEO Aasif Bade in advancing key strategic priorities across the organization. In this role, Stewart will help support the executive team and drive high-priority initiatives as Ambrose continues to expand its national institutional investment and capital deployment platform. Immediately prior to joining Ambrose, Stewart served as operations and financial advisor to Project Sankofa, where she helped stabilize and scale operations. She previously spent six years with Noodle, a higher-education technology company, where she held several leadership roles, as well as five years at the University of North Carolina’s Kenan-Flagler Business School in operational leadership roles and nine years in political and government operations, including roles at The White House and national political conventions. Stewart holds an MBA from the University of North Carolina’s Kenan-Flagler Business School and a bachelor’s degree in business administration from Meredith College.
Leslie Hobbs has joined Ambrose as vice president of accounting. Hobbs has over 20 years of experience in real estate and accounting, having led full‑cycle accounting operations across complex, multi‑entity real estate portfolios. She most recently served as head of accounting at Gray Capital, in addition to previously holding roles with Atrium Capital Advisors and Zidan Management Group. Additionally, Hobbs ran her own consulting practice supporting property management clients with Yardi and Juniper Square implementations, as well as providing outsourced accounting services. She holds a Bachelor of Science in accounting from Saint Mary-of-the-Woods College.
Sean Steidler has joined Ambrose as vice president of financial planning and analysis. In this role, Steidler will oversee real estate financial analyses performed by Ambrose’s deployment, development and asset management teams. He most recently served as vice president of capital deployment at Dermody Properties and previously spent over 15 years with Duke Realty, now Prologis (NYSE: PLD), in various roles, including associate vice president of financial analysis. He holds a bachelor’s degree in accounting from Indiana University of Pennsylvania.
Natalie Peters has joined Ambrose as director of investor relations. In this role, Peters will lead firm’s investor relations strategy, overseeing institutional investor engagement, capital raising support and the end-to-end investor experience across the firm’s investment platform. She brings over two decades of experience serving institutional and high-net-worth investors. Most recently, she spent eight years at Archway, where she partnered with institutional and ultra-high-net-worth clients throughout their lifecycle, managing investor services and strategic relationship management. Prior to Archway, Peters spent more than a decade at Tradelink Capital. She holds a Bachelor of Science in finance from the Indiana University’s Kelley School of Business.
Jake Okerson has joined Ambrose as an accountant. Okerson previously held property accountant roles at Becknell Industrial and Milhaus. He earned a Bachelor of Science in accounting from the University of Dayton.
Melodee Allen has joined Ambrose as an accounting operations specialist. Allen will be responsible for processing invoices and tenant receipts, managing monthly billbacks and onboarding new vendors, along with other accounting support functions. She most recently spent three years with Bradley Company and previously spent 16 years at Duke Realty, now Prologis (NYSE: PLD).
Cathy Roth has joined Ambrose as office and operations coordinator, where she will oversee day-to-day office operations. She most recently served as Manager of Administration at Central Indiana Corporate Partnership (CICP) and previously held administrative roles at the Archdiocese of Indianapolis, EHOB, Inc. and Hirons & Company. Roth holds a Bachelor of Science in public relations, advertising and applied communication from Ball State University.
Ambrose has been busy near the runways this month, landing two industrial leases in the Cincinnati and Denver markets that fill roughly 154,000 square feet between them.
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 completion of two separate leases at modern industrial properties in Denver and Cincinnati totaling over 143,000 square feet of space.
“This leasing activity exemplifies the strong demand from both third-party logistics firms and global manufacturers for best-in-class facilities situated in markets with strong economic growth fundamentals and proximity to critical transportation hubs,” said Stephen Lindley, Senior Vice President, Investments at Ambrose. “The diverse nature of each firm’s respective evolution and growth stages reflects the flexibility and functionality of Ambrose’s modern industrial assets, which are designed to serve companies with various levels of strategic expansion, operations and business needs.”
A confidential company in the material handling industry has leased 110,457 square feet of Building I at Cincinnati Logistics Park – Airport West, a modern, four-building, 84.77-acre industrial development in the Cincinnati / Northern Kentucky submarket. Additional space remains available to lease for immediate move-in within both Buildings I and II, ranging from 40,000 – 176,893 square feet, and Buildings III & IV are available for build-to-suit configurations. The park is situated ideally along I-275, offering convenient 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 Cincinnati-based Colliers International team.
HubStarr Logistics, a third-party logistics provider headquartered in Arizona, has leased 43,350 square feet at Building I of Ascent Commerce Center in Denver, marking the firm’s first location in Colorado and the expansion of HubStarr’s Western U.S. logistics network. The lease brings Building I to full occupancy. Acquired by Ambrose in 2024, Ascent Commerce Center is a modern, multi-tenant industrial park comprised of three industrial buildings strategically located just west of Denver International Airport with convenient access to Peña Boulevard and E-470. One space remains available in the park. Building III offers a 84,528-square-foot space that can be demised down to 16,640 square feet. The leasing agent for the park is the Denver-based Cushman and Wakefield team.
HubStarr Logistics, a rapidly growing third-party logistics provider headquartered in Arizona, has opened a new 40,000-square-foot distribution facility in Denve
Boston Scientific Corp. plans to spend $138 million to build and equip a 500,000-square-foot medical device distribution and light-manufacturing facility in Plainfield, where it will hire up to 300 people, Indiana Gov. Mike Braun announced Wednesday morning.
INDIANAPOLIS – Ambrose, a vertically integrated investment management firm that specializes in acquiring, developing and operating modern industrial, logistics and e-commerce real estate, announced that Courtney Schneider has joined the firm as vice president and market officer for the Mountain States region. In this role, Schneider will be based in Denver and lead capital deployment efforts, leasing activity and identifying new investment opportunities as Ambrose continues to expand its investment platform across key markets in the region.
“Courtney brings tremendous value and expertise to Ambrose as we strengthen our footprint and capabilities in the Mountain States region,” said Stephen Lindley, senior vice president, Investments at Ambrose. “Courtney’s depth of knowledge and industry relationships in the market, coupled with her proven track record in the industrial sector, will be critical to amplifying Ambrose’s reputation as a leading industrial developer and asset manager across the Mountain States. The addition of her leadership to our growing regional team will help to ensure we can effectively meet the complex and evolving demands of modern logistics and industrial occupiers within these growing markets.”
Schneider has over a decade of real estate development, acquisition and investment experience, with a strong concentration in the industrial sector. Prior to joining Ambrose, Schneider served as managing director at Hines, establishing and growing the firm’s industrial platform in Denver and Phoenix. She also previously spent five years at United Properties overseeing large-scale office and industrial developments and supporting acquisition and financing efforts. She holds a Bachelor of Science in business administration with a Real Estate Certificate from the University of Colorado Boulder and is regularly active within key industry organizations, including serving on the Board of NAIOP Colorado.
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.