McNamara Florist, an Indianapolis florist founded in 1954, has acquired a 176,000-square-foot industrial property at 1853 Ludlow Ave. in Indianapolis. This will become the company’s new corporate headquarters.
McNamara Florist plans extensive renovations at the site, and expects to occupy the building in the first half of 2016.
The company currently leases 58,000 square feet of space in Fishers, Ind., as its headquarters. McNamara will move 70 employees to the new building once it is ready for occupancy.
DTZ senior managing director Bill French and associate vice president Grant Lindley represented McNamara in this transaction.