A Florida distributor is opening its first Ohio location in a Lockbourne warehouse.
Boca Raton-based Woodfield Distribution LLC has signed a long-term lease for 72,312 square feet at 5653 Creekside Pkwy. The company provides third-party logistics services for pharmaceutical companies, distributing prescription and over-the-counter medications as well as for medical device manufacturers, and health and wellness companies for humans and animals.
The company said this “pharmaceutical hub” will play a key role in its supply chain. The new location complements other distribution sites in Florida, Texas and New Jersey.
“Our new facility reaches a greater population within a 10-hour drive than any other major metropolitan area in the country, increasing convenience for local clients and creating efficiencies for our customers based outside the region,” Woodfield President Adam Runsdorf said in a statement.
The company will begin using the facility immediately, it said, and will create 15 new jobs at this site.
Woodfield Distribution says it will use the facility for warehousing, fulfillment and temperature-regulated storage. It will also handle packaging and labeling, handling some controlled substances, government pricing administration, financial services management and reverse logistics.
Also known as Creekside I, the warehouse is one of the first developed in the Creekside Industrial Center by Pizzuti Cos., part of what has become a $200 million investment in nearly 11 million square feet of industrial space. The developer has marketed the space as within 500 miles of 60 percent of North America’s population.
A Singapore company, Mapletree Commercial, bought the 274,816-square-foot warehouse from Exeter Property Group this past May for $13.4 million. It was a part of the massive 106-building portfolio that changed hands between the two companies earlier this year for $165.8 million, according to CoStar group.