MIAMI—OHL Inc., one of the largest third-party logistics companies in the world, is taking down space at a brand new, class A industrial building in Miami's Medley submarket. Financial terms of the lease were not disclosed.

OHL inked a new lease on 185,520 square foot lease at 10733 NW 123rd Street, in Medley, FL. The tenant will take full occupancy of industrial facility, which was developed by an affiliate of Industrial Income Trust Inc., a Denver-based institutional owner.

Jones Lang LaSalle's Steve Medwin and Nick Wigoda represented the landlord. “OHL chose Pan American North Distribution Center for its expanded Miami facility because of the 30' clear ceiling heights that will allow use of additional cubic space, its close proximity to major highways, and central location within the Miami-Dade County industrial market,” Medwin says. “This latest transaction further positions Medley as an attractive submarket for national and locally-owned companies.”