MIAMI—New investment just keeps pouring into South Florida's industrial market—and JLL is seeing some of the new development leasing action. The firm will handle leasing for the brand new Turnpike 1 Business Park in Homestead, FL.
Turnpike 1 Business Park is the first speculative warehouse product to rise in the Homestead area in many years. The master plan for the industrial and business park has 1.6 million square feet of space.
JLL managing director Steven Medwin executive vice president Nick Wigoda, and associate Matt Maciag, who lead the firm's industrial practice in Miami, are handling leasing efforts on behalf of GBX Capital, a real estate and development group from Sao Paulo, Brazil. Turnpike 1 represents the entity's first development in the US.
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