{"id":1004546645,"date":"2021-01-29T08:02:00","date_gmt":"2021-01-29T16:02:00","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004546645"},"modified":"2022-12-09T01:36:12","modified_gmt":"2022-12-09T09:36:12","slug":"ambrose-sells-indianapolis-amazon-leased-warehouse","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/ambrose-sells-indianapolis-amazon-leased-warehouse\/","title":{"rendered":"Ambrose Sells Amazon-Leased Indianapolis Warehouse"},"content":{"rendered":"<div id=\"attachment_1004546646\" style=\"width: 310px\" class=\"wp-caption alignright\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004546646\" data-attachment-id=\"1004546646\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/ambrose-sells-indianapolis-amazon-leased-warehouse\/mount-comfort-logistics-center-building-i-image-courtesy-of-jll\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/08\/Mount-Comfort-Logistics-Center-Building-I.-Image-courtesy-of-JLL.jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Mount Comfort Logistics Center Building I. Image courtesy of JLL\" data-image-description=\"&lt;p&gt;Mount Comfort Logistics Center Building I. Image courtesy of JLL&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;Mount Comfort Logistics Center Building I. Image courtesy of JLL&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/08\/Mount-Comfort-Logistics-Center-Building-I.-Image-courtesy-of-JLL.jpg?w=800\" class=\"size-medium wp-image-1004546646\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/08\/Mount-Comfort-Logistics-Center-Building-I.-Image-courtesy-of-JLL.jpg?w=300\" alt=\"\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/08\/Mount-Comfort-Logistics-Center-Building-I.-Image-courtesy-of-JLL.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/08\/Mount-Comfort-Logistics-Center-Building-I.-Image-courtesy-of-JLL.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/08\/Mount-Comfort-Logistics-Center-Building-I.-Image-courtesy-of-JLL.jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><p id=\"caption-attachment-1004546646\" class=\"wp-caption-text\">Mount Comfort Logistics Center Building I. Image courtesy of JLL<\/p><\/div>\n<p>Ambrose Property Group has finalized the disposition of Building I at Mount Comfort Logistics Center, a recently delivered 660,384-square-foot Class A industrial property in Greenfield, Ind. The cross-dock warehouse serves as a fulfillment center for Amazon, which occupies the facility on a net lease.<\/p>\n<p>The seller and developer broke ground on the project in November 2019 and delivered it in 2020. The building sits on nearly 87 acres at 4412 W. County Road 300 N. The warehouse has a 36-foot clear height, two drive-in and 178 dock-high doors and an LED lighting system. Situated close to the Indianapolis Regional Airport, the property is within three miles of Interstate 70 and roughly 17 miles northeast of downtown Indianapolis.<\/p>\n<p>Building I is the first property in a 176-acre master-planned industrial complex. Currently, Ambrose is finalizing the construction of Building II, a 505,000-square-foot spec facility that is expandable by up to 222,560 square feet. The developer has 2.2 million square feet of additional logistics space planned within the park. Hancock County has awarded Ambrose a 10-year tax abatement on the first four buildings at Mount Comfort Logistics Center, according to <em>Inside Indiana Business<\/em>.<\/p>\n<p>The JLL Team that assisted the seller included Senior Managing Director John Huguenard, Senior Director Ed Halaburt and Managing Director Jake Sturman.<\/p>\n<p>Earlier this month, Hines sold a 414,300-square-foot industrial property in Santa Ana, Calif., <a href=\"https:\/\/www.cpexecutive.com\/post\/hines-sells-orange-county-industrial-asset-for-114m\/\">for $113.5 million<\/a>. Realty Income purchased the Amazon-leased asset, according to CommercialEdge.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The facility is part of a 176-acre master planned industrial park.<\/p>\n","protected":false},"author":867,"featured_media":1004546646,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1590,21748,21783,13,21742],"tags":[37482,39801,32914,32796],"class_list":["post-1004546645","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-indianapolis","category-industrial","category-investment","category-midwest","category-latest","tag-amazon","tag-ambrose-property-group","tag-e-commerce","tag-jll"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Ambrose Sells Amazon-Leased Indianapolis Warehouse - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/ambrose-sells-indianapolis-amazon-leased-warehouse\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ambrose Sells Amazon-Leased Indianapolis Warehouse\" \/>\n<meta property=\"og:description\" content=\"The facility is part of a 176-acre master planned industrial park.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/ambrose-sells-indianapolis-amazon-leased-warehouse\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-29T16:02:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T09:36:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/08\/Mount-Comfort-Logistics-Center-Building-I.-Image-courtesy-of-JLL.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"620\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Pavel Cazacu\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/ambrose-sells-indianapolis-amazon-leased-warehouse\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/ambrose-sells-indianapolis-amazon-leased-warehouse\/\",\"name\":\"Ambrose Sells Amazon-Leased Indianapolis Warehouse - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/ambrose-sells-indianapolis-amazon-leased-warehouse\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/ambrose-sells-indianapolis-amazon-leased-warehouse\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/08\/Mount-Comfort-Logistics-Center-Building-I.-Image-courtesy-of-JLL.jpg\",\"datePublished\":\"2021-01-29T16:02:00+00:00\",\"dateModified\":\"2022-12-09T09:36:12+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/caac04e9f88552f7c898ba456c2498d8\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/ambrose-sells-indianapolis-amazon-leased-warehouse\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/ambrose-sells-indianapolis-amazon-leased-warehouse\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/ambrose-sells-indianapolis-amazon-leased-warehouse\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/08\/Mount-Comfort-Logistics-Center-Building-I.-Image-courtesy-of-JLL.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/08\/Mount-Comfort-Logistics-Center-Building-I.-Image-courtesy-of-JLL.jpg\",\"width\":800,\"height\":620,\"caption\":\"Mount Comfort Logistics Center Building I. 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