MONROVIA, Ind. (Inside INdiana Business) — Indianapolis-based Ambrose Property Group says it has completed construction of the first building at its Westpoint Business Park in Monrovia. The developer says Oklahoma-based Love’s Truck Solutions will be the first company to locate in the Class-A logistics park southwest of Indianapolis in Morgan County.
Love’s will operate a 206,000-square-foot tire retread and distribution center at the facility.
Ambrose says it has also completed a 507,000-square-foot speculative warehouse in the 555-acre logistics park.
The company says it plans to construct up to nine Class-A distribution buildings at Westpoint Business Park. They will range in size from 200,000-square-feet to over one million square feet.
“The past year has further proven the impact that e-commerce and logistics has in both the economy and day-to-day living for most Americans,” said Goldman. “Companies are seeking innovative industrial real estate solutions that help them meet increasingly complex demands.”
Westpoint is located at the intersection of Interstate 70 and State Road 39 and is about nine miles from Indianapolis International Airport.