Ambrose negotiated the sale of a 233,348-square-foot modern distribution facility located at 5163 Perry Worth Road, in Whitestown, Indiana, within Greater Indianapolis.
The building, which is part of the wider Indianapolis Logistics Park – Northwest, a four-building, 95.5-acre industrial park developed by Ambrose, is fully leased to a global healthcare services and products company that provides customized solutions for hospitals, health systems, pharmacies, and ambulatory surgery centers. The property was sold to a private REIT.
Ambrose completed construction of the speculative property in 2025 and secured a long-term lease later that year. The state-of-the-art facility features 32-foot clear height, dock-high and grade-level doors, a 135-foot truck court depth, 4,000 amps of power, ample trailer parking and 13,996 SF of office space. The facility, which is LEED Silver certified, also has an ESFR sprinkler system and LED lighting. Situated within the leading Northwest industrial submarket of Indianapolis, the property offers convenient connectivity to I-65, I-465, I-74 and the I-865/I-465 interchange, placing it within a one-day’s drive of 80% of the U.S. population.
Earlier this month, Ambrose also completed the disposition of Building IV at Westpoint Business Park, a 500,406-square-foot, LEED Silver certified industrial facility in Mooresville, Indiana, to SkyREM. Completed in 2022, the Class A facility is fully leased to a leading packaging and manufacturing company. Together, the two transactions represent nearly 734,000 SF of industrial dispositions in the Greater Indianapolis market this month.
