Ambrose Property Group

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  • Historic Indy Building Gets New Facade

    The complicated process of renovating the historic Litho Press building in Indianapolis passed another milestone this week with the completed restoration of the building’s façade. Initially planned as a three or four part of the overall renovation, the façade work actually took about six months. When complete, the building will offer 111 apartments and be called 800 North Capitol Apartments.

    Midwest 11 July 2014 12:31
  • Hertz Investment Acquires 650,000 SF Office Property in Indianapolis

    Hertz Investment Group of Santa Monica, CA has closed on the purchase of the 650,000 square-foot Capital Center Office Tower Complex in Indianapolis from Invesco Real Estate. The local office of CBRE represented the seller in the transaction. According to the Indianapolis Business Journal, the complex is the 12th-largest in the city and the fifth-largest downtown. Located on Illinois Street, between Ohio and New York streets, the two-building Class A office property is comprised of the 17-story North Tower and the 22-story South Tower. Amenities include an underground parking structure with 525 spaces, two restaurants, conference facilities, a sundry shop, a coffee shop and a fitness center.

    Indianapolis 22 April 2013 16:42