Officials will break ground Monday on another large distribution operation in Plainfield. Hanzo Logistics is planning a new $17 million headquarters. Work is set to be complete in September. June 20, 2014

News Release

PLAINFIELD, Ind. – Hendricks County and Plainfield, Indiana officials will join executives from Hanzo Logistics and Ambrose Property Group to celebrate the groundbreaking of a new 403,200-square-foot headquarters office and distribution facility located at 450 Airtech Parkway in Plainfield, Indiana. This development will become the new headquarters for Hanzo Logistics, a logistics firm specializing in warehouse management, fulfillment and distribution, cold storage and transportation.

Cushman & Wakefield/Summit brokers, Cam Kucic and Matt McGrady, represented Hanzo in its search for a new distribution facility. This facility will accommodate Hanzo's expansion requirements and anticipated growth. Ambrose Property Group has hired Pepper Construction as the general contractor and JRA Architecture as the project architect.

Aasif Bade, President of Ambrose Property Group, will host the ground breaking ceremony on Monday, June 23rd. Bade said, “We appreciate the opportunity to partner with Summit's client, Hanzo Logistics, on this new development. We also want to thank the state and local officials who were instrumental in making this important development a reality.”

“We are delighted to see Hanzo be successful in Plainfield and go forward with this expansion,” said Robin Brandgard, President of the Town Council. “Growth of current businesses in Plainfield is important to us, and we're pleased to be able to aid their expansion and the addition of new jobs in this new location. Having Hanzo's headquarters here is a testament to the dynamic atmosphere in our business parks, which now have over 33 million square feet under roof.”

The anticipated completion date for this project is in September of 2014.

About Hanzo Logistics

Hanzo Logistics is a logistics firm specializing in warehouse management, fulfillment, distribution, transportation, and logistics emergency services. Hanzo's facilities are located in Indianapolis, Indiana and Laredo, Texas. For more information about Hanzo Logistics, visit www.hanzologistics.com

About Ambrose Property Group

Ambrose Property group is a full service commercial real estate company that primarily focuses in real estate ownership, development, property management and construction management. Ambrose was founded in 2008 and is locally owned and operated in the heart of downtown Indianapolis. Ambrose's experience includes office, health care, industrial and retail real estate. For more information about Ambrose Property group, visit www.ambrosepg.com

Cushman & Wakefield l Summit

Cushman & Wakefield/Summit Realty Group (Summit) is a premier Midwest commercial real estate firm specializing in office, industrial, multi-family, capital markets, healthcare, retail, land, property management and corporate services. Headquartered in Indianapolis, Summit is a member of the C&W Alliance – a fully integrated extension of the C&W global platform. The Alliance consists of specially-selected independent firms, who provide clients with extended geographic reach through elite commercial real estate professionals and high quality, comprehensive services. Operating as a unified team, C&W and Alliance firms integrate the strength of local talent, relationships, and market intelligence with the full capacity of C&W’s resources and platform. www.SummitRealtyGroup.com

Cushman & Wakefield (C&W) is the world's largest privately-held commercial real estate services firm. The company advises and represents clients on all aspects of property occupancy and investment, and has established a preeminent position in the world’s major markets. Within the platform, there are 253 offices in 60 countries globally. www.cushmanwakefield.com

Source: Ambrose Property Group

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