Full-Time
Development Manager
Ambrose
51-200 employees
Industrial and e-commerce real estate development
No salary listed
Indianapolis, IN, USA
In Person
Bachelor's
 Real Estate (1) |
|---|
Get referred to Ambrose
See people who can refer or advise you
- A Bachelor of Science degree in engineering, architecture, construction management, finance, and/or real estate.
- At least 5 years of experience in the commercial real estate development field.
- Excellent organizational, interpersonal, writing, and communication skills.
- Ability to read and interpret construction drawings and budgets.
- Experience managing multiple projects simultaneously.
- Ability to anticipate and mitigate development risks.
- Knowledge of the entitlement and municipal approval process.
- Identify, perform due diligence for, underwrite, and acquire strategic land positions.
- Oversee due-diligence consultants, including survey, geotechnical review, environmental, legal, zoning, permitting, and related work.
- Review survey and title information, easements, environmental data, zoning, governing-agency requirements, and utilities.
- Lead the creation and documentation of easements and covenants, conditions, and restrictions.
- Interact with municipal staff during the entitlement process for zoning, plan commission approvals, and entitlements.
- Oversee third-party preconstruction and design personnel.
- Create predevelopment budgets and schedules.
- Support the team during request-for-proposal responses and lease negotiations, including site plan design, building layouts, underwriting updates, and request-for-proposal document drafting.
- Monitor and report on design and preconstruction schedules, budgets, and scope against the approved plan and pro forma.
- Manage the general contractor selection process and contract negotiations.
- Lead design development and value-engineering efforts.
- Mitigate risks related to change orders, delays, and cost overruns.
- Review monthly development draws and submit them with approval recommendations.
- Report project status, including schedule performance, contingency usage, quality issues, allowance status, and change orders.
- Coordinate early tenant access for fixturing to support a smooth transition for lease commencement.
- Participate in the turnover process to internal or third-party property-management personnel.
- Coordinate tenant-improvement design and buildout.
- Assist with acquisitions and dispositions, primarily in due-diligence matters.
- Experience in industrial, e-commerce, or data-center development.
Ambrose Property Group develops and manages industrial and e-commerce real estate in the logistics market, focusing on strategic development opportunities from its Indianapolis base. Their offerings include real estate development and management services for facilities that support e-commerce and distribution needs. The company delivers projects by pursuing precise execution and a strong focus on user experience, using a collaborative, entrepreneurial approach with clients. Ambrose differentiates itself through a hands-on development mindset, award-winning recognition (2020 Industrial Developer of the Year by NAIOP Indiana), and a commitment to client satisfaction and strategic growth. The goal is to help customers grow their logistics and e-commerce operations by delivering targeted development opportunities and high-quality facilities that meet their needs.
Company Size
51-200
Company Stage
N/A
Total Funding
N/A
Headquarters
Indianapolis, Indiana
Founded
2008
Get referred to Ambrose
See people who can refer or advise you
Simplify's Take
What believers are saying
- Ambrose broke ground on two Indianapolis projects in May and August 2026.
- The company sold a Louisiana logistics facility for $57.6 million in August 2026.
- Ambrose signed 190,000 square feet of leases across Denver, Cincinnati, and Orlando in 2026.
What critics are saying
- Wesco leaves 287,500 square feet available in Jannetides Boulevard, pressuring 2026 NOI.
- Ambrose's 2019 Indianapolis eminent-domain fight still signals political risk and legal distraction.
- Industrial leasing weakens quickly if 2026 speculative projects in Greenwood and Plainfield miss absorption.
What makes Ambrose unique
- Aasif Bade built Ambrose from internship access into an institutional platform.
- Ambrose controls 2,000 acres nationwide, supporting 20 million developable square feet.
- Its Midwest portfolio spans 13 buildings across Indianapolis, Cincinnati, Columbus, Toledo, Pittsburgh.
Help us improve and share your feedback! Did you find this helpful?
Company News
Ambrose and PREA Foundation unveil Opportunity Scholarship Program for the next generation of commercial Real Estate leaders. Five-year program will support 50 internships for students annually across the industry through 2030 INDIANAPOLIS-(BUSINESS WIRE)-Ambrose, a vertically integrated real estate investment manager that specializes in acquiring, developing and operating modern industrial, logistics and e-commerce real estate, in partnership with the Pension Real Estate Association ("PREA") Foundation, today announced the launch of the Ambrose x PREA Foundation Opportunity Scholarship Program, which will fund 50 internship scholarships annually to support the next generation of leaders in commercial real estate. Ambrose has pledged $1,000,000 to support the five-year program. The program, which is open to undergraduate and graduate students from all backgrounds, aims to remove financial roadblocks and open meaningful doors in an industry historically characterized by higher barriers to entry and career advancement. Students who have accepted an internship through a PREA Foundation-funded program and expressed a financial need to pursue a career in the commercial real estate and/or finance sectors will be considered for the scholarships. The program's inaugural 2026 Scholars Class will be announced later this spring. "As a direct beneficiary of an internship program that opened the doors to the start of my successful industrial real estate career, I am proud that Ambrose is playing such an impactful role in cultivating the future talent pipeline of our industry," said Aasif Bade, Founder and CEO of Ambrose. "Programs such as this provide the practical experience, exposure, foundational knowledge and inspiration that is critical for a young person's career trajectory. I am grateful for the support and partnership of the PREA Foundation as we help to create life-changing opportunities for the next generation of innovative young professionals who will have a positive and enduring impact on our industry for many decades to come." PREA Foundation is the philanthropic arm of PREA, a non-profit trade organization representing the global institutional real estate investment industry. The Foundation's mission is to advance the interests and values of the institutional real estate investment community by creating opportunities for people from all backgrounds to access and excel in the industry. They provide grant funds to create programs that equip emerging talent with the skills, experiences and opportunities needed for long-term career success in the real estate industry. "Ambrose's investment reflects the kind of leadership that defines our industry at its best," said Dr. Ivan Barron, Executive Director of the PREA Foundation. "Aasif's journey is a powerful example of what access and opportunity can unlock, and his decision to pay that forward will create transformative pathways for more than 200 students to enter and advance in commercial real estate. By addressing financial barriers at a critical moment, this scholarship helps ensure that emerging talent can pursue and sustain long-term careers in our industry." About Ambrose Ambrose is a vertically integrated investment manager focused exclusively on acquiring, developing and operating modern industrial, logistics and e-commerce real estate throughout the United States. Founded in 2008, the firm pairs institutional expertise with a people-first approach to drive performance and progress, partnering with leading global occupiers of logistics and manufacturing assets. The firm is headquartered in Indianapolis with offices in Fort Lauderdale, Denver and Cincinnati. For more information, visit ambrosepg.com. About PREA Founded in 1979, the Pension Real Estate Association (PREA) is a non-profit trade association for the global institutional real estate investment industry. PREA currently lists over 700 corporate member firms across the United States, Canada, Europe and Asia. PREA members include public and corporate pension funds, endowments, foundations, insurance companies, investment advisory firms, REITs, developers, real estate operating companies and industry service providers.
Ambrose partnered with Horizon Bank on the construction financing for Buildings II and IV.