INDIAN MOTORCYCLE ESTABLISHES NEW GLOBAL HEADQUARTERS IN GOLDEN VALLEY, MINNESOTA

New Headquarters Marks Next Chapter as Stand-Alone Company

Golden Valley, MN — February 25, 2026 — Indian Motorcycle, America’s first motorcycle company, today announced the signing of a 37,832-square-foot, seven-year lease for its new global headquarters at Golden Valley Building II in Golden Valley, Minnesota. The new headquarters represents a significant milestone for the company as it begins its next chapter as a stand-alone company and positions itself for continued long-term growth and innovation, while celebrating its 125^th Anniversary.

The new headquarters will serve as a central hub for global leadership, operations, and brand development, with integrated industrial space that supports product development, prototyping, and operational alignment — enabling greater vertical integration across key functions of the business. The facility reinforces Indian Motorcycle’s commitment to the Twin Cities and its continued investment in talent, innovation, and the regional community.

“This new global headquarters represents an exciting next step for Indian Motorcycle,” said Mike Kennedy, CEO of Indian Motorcycle. “As we begin this new chapter, we are proud to remain in Minnesota — a state that has played an important role in our journey — and to continue building a future focused on innovation, growth, and delivering exceptional products to riders around the world.”

The announcement follows the recent acquisition of Indian Motorcycle by Carolwood LP, a Los Angeles-based investment firm focused on long-term growth and value creation.

“Establishing Indian Motorcycle’s global headquarters in Minnesota reflects both the strength of the organization and its long-term strategic direction,” said Andrew Shanfeld, Partner at Carolwood LP. “This investment positions the company for continued growth while reinforcing its deep connection to the region and its talented workforce.”

Indian Motorcycle was represented in its headquarters search and strategic site selection process by Willow Peak, led by Erin Fitzgerald. The building is owned by Link Logistics, a Blackstone portfolio company, and Cushman & Wakefield represented the landlord, with brokers Brent Masica and Jason Meyer. Construction will be led by Matt Anderson of Anderson Construction, with architectural design by David Serrano, Founder of Drift Prairie.

“Indian Motorcycle is an iconic American brand, and we are thrilled they chose to remain and reinvest in the Twin Cities market,” said Erin Fitzgerald, Founder and CEO of Willow Peak. “This headquarters reflects a forward-looking commitment to innovation, talent, and long-term growth in the region. It was a privilege to support Indian through a strategic and thoughtful site selection process, and we are proud to help companies make real estate decisions that strengthen both their business and the communities they operate in.”

Project Summary

Tenant: Indian Motorcycle (Global Headquarters)
Location: Golden Valley Building II — Golden Valley, Minnesota
Size: 37,832 square feet
Lease Term: 7 years
Landlord: Link Logistics (Blackstone)
Tenant Broker: Willow Peak — Erin Fitzgerald
Landlord Broker: Cushman & Wakefield — Brent Masica, Jason Meyer
General Contractor: Anderson Construction — Matt Anderson
Architect: Drift Prairie — David Serrano

About Indian Motorcycle

Indian Motorcycle is America’s First Motorcycle Company. Founded in 1901, Indian Motorcycle has won the hearts of motorcyclists around the world and earned distinction as one of America’s most legendary and iconic brands through unrivaled racing dominance, engineering prowess and countless innovations and industry firsts. Today that heritage and passion is reignited under new brand stewardship. To learn more, please visit www.indianmotorcycle.com.

About Carolwood LP

Carolwood LP is a Los Angeles-based investment firm focused on acquiring and growing market-leading businesses across multiple sectors. The firm recently completed the acquisition of Indian Motorcycle from Polaris, supporting the company’s next phase of strategic growth and expansion.

About Willow Peak

Willow Peak is a Minneapolis-based commercial real estate investment and advisory firm specializing in strategic site selection, business relocations, and repositioning assets with a value-add methodology. The firm provides office, retail and industrial leasing services and represents buyers and sellers in acquisitions and dispositions across all asset classes. Willow Peak partners with leading companies to deliver real estate strategies that support growth, operational excellence, and long-term value creation.