MIAMI—New investment just keeps pouring into South Florida'sindustrial market—and JLL isseeing some of the new development leasing action. The firm willhandle leasing for the brand new Turnpike 1 Business Park inHomestead, FL.

Turnpike 1 Business Park is the first speculative warehouseproduct to rise in the Homestead area in many years. The masterplan for the industrial and business park has 1.6million square feet of space.

JLL managing director Steven Medwin executivevice president Nick Wigoda, and associateMatt Maciag, who lead the firm'sindustrial practice in Miami, are handling leasingefforts on behalf of GBX Capital, a real estateand development group from Sao Paulo, Brazil. Turnpike 1 representsthe entity's first development in the US.

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