Draco LLC has consolidated operations to a newly-completed facility by Ambrose Property Group…

INDIANAPOLIS – Ambrose Property Group today announced the completion of Mount Comfort Logistics Center Building V with a full-building lease.

Indianapolis-based Draco, LLC will occupy the 752,000-square-foot Class A building. The new facility will allow the company to consolidate its current operations, which are spread across five locations, into one efficient building. The logistics company offers solutions for co-packaging, warehouse, fulfillment and distribution challenges.

“We are excited to add Draco Logistics to the list of top-tier companies located within Mount Comfort Logistics Center,” said Grant Goldman, Ambrose executive vice president of development. “Our goal for the park was to attract more manufacturing, logistics and e-commerce companies with high-quality jobs. Draco’s move to the area is an excellent example of that goal being accomplished.”

The building is LEED Silver certified through the U.S. Green Building Council. The facility is part of Mount Comfort Logistics Center’s new east campus. Other companies located in the industrial park include Amazon, Progressive Logistics and U.S. AutoForce.

“Ambrose took the time to understand our vision and our business needs,” said Mark Garza, Draco president. “The team worked relentlessly under tight timelines to ensure our business could continue to grow and meet our clients’ and distribution demands. With this addition to our space portfolio, we feel we are positioned to become a top provider to food and beverage clients across the United States. We are looking forward to working with Ambrose on our future expansions across the Midwest and southern markets.”

Located on West County Road 300N at North County Road 400W along the Mount Comfort Corridor in Hancock County, the park offers easy access to the I-70, I-69 and I-74 distribution corridors and the Indianapolis International Airport. Eight Class A distribution buildings totaling more than 3.5 million square feet are planned across the park’s east and west campuses.

Ambrose is an industrial, logistics and e-commerce real estate developer and investor that was named one of the 2022 “Best of the Best in the Midwest” developers by Real Estate News, in addition to being named a 2023 “Best Places to work” by the Indiana Chamber of Commerce. Ambrose’s portfolio includes projects in Indianapolis, Denver, South Florida, Texas, Kentucky, Oklahoma, Cincinnati and Columbus, Ohio.

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Blaine Paul joins as Vice President of Land Development

INDIANAPOLIS – Ambrose Property Group announced today it added former Duke Realty leader Blaine Paul as vice president of land development.

“Blaine brings years of experience within our industry and incredible insight to Ambrose as we continue to grow our operations,” said Grant Goldman, Ambrose executive vice president of development. “We are excited to have him join our team and look forward to his leadership.”

In this role, Paul focuses on land development nationally with initial emphasis on complex projects in Indianapolis and Denver.

Prior to Ambrose, he spent the last 18 years with Duke Realty in various development and leadership roles, most recently as senior vice president of development services. Paul is a graduate of Purdue University with a bachelor’s degree in civil engineering.

The addition of Paul comes shortly after Ambrose was ranked one of the “Best of the Best” developers in the Midwest by Real Estate News, and as the company continues expanding its national operations. Ambrose’s portfolio includes new industrial, logistics and e-commerce projects in Indianapolis, Denver, Cincinnati and Columbus, Ohio, as well as Florida projects in Fort Myers, Orlando and Palm Beach.

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Dave Loudenslager to lead company’s business in Florida markets

INDIANAPOLIS – Ambrose Property Group announced today that Dave Loudenslager joined the company to oversee Florida operations.

Loudenslager was named vice president of development, Florida market officer to oversee the company’s Florida business, including building Ambrose’s land pipeline, executing on 2023 development starts, managing broker relationships and overseeing tenant pursuits and leasing activity.

“Ambrose has seen tremendous growth over the past two years, including a growing presence in Florida,” said Grant Goldman, executive vice president of development. “Dave is well known and highly respected within our industry, and he will play an integral role in our strategy to continue building Ambrose’s presence in Florida. We look forward to his leadership as we develop and invest throughout the state.”

Loudenslager comes to Ambrose from Duke Realty, where he served as the vice president of leasing and development in South Florida. Prior to his work in leasing, Loudenslager worked in preconstruction and project management for Duke Realty’s speculative projects in Florida. He holds a bachelor’s degree in construction management from The Ohio State University.

The addition of Loudenslager comes ahead of upcoming announcements by Ambrose of new developments across Florida. The developer and investor has acquired land in Palm Beach and Fort Myers for development, with additional plans underway for expansion into the Orlando market. Details on 2023 projects are slated to be announced later this year.

Ambrose is an Indianapolis-based industrial, logistics and e-commerce real estate developer and investor. The company’s portfolio includes Class A buildings and developments throughout the country, including Denver, Indianapolis, Cincinnati and Columbus, Ohio, as well as Orlando, Palm Beach and Fort Myers, Florida.