Expansion and growth of third-party logistics and manufacturing firms drive strong demand for industrial assets situated within submarkets underpinned by strong economic fundamentals

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.

Schneider to lead capital deployment efforts across the Denver, Phoenix, Las Vegas, Reno, Salt Lake City, El Paso and Laredo markets

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.

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…