SKINNER BROS. REALTY TO DEVELOP FIRST MULTI-TENANT RETAIL COMPLEX AT WILDLIGHT

WILDLIGHT, FL. – Feb. 22, 2018 – Today, Raydient Places + Properties announced that Skinner Bros. Realty will build the first retail complex on the northeast corner of Wildlight’s front entrance. Skinner Bros. Realty is in the final stages of purchasing the first two acres of an overall three-acre development which will begin with a 9,100-sq. ft. multi-tenant building plus a courtyard and a 4,000-sq. ft. building on the corner of Wildlight Blvd. and A1A.

“There is so much momentum in Nassau County right now, and we see the new town of Wildlight as a major factor in that growth,” said Chet Skinner, vice president of Skinner Brothers Realty. “We were excited by Wildlight’s Florida Lowcountry architectural character and design and look forward to delivering a quality product for future residents, businesses, and the local community to enjoy for years to come.”

Focusing on the multi-tenant building first, the Jacksonville-based real estate developer submitted a preliminary site plan to Nassau County’s Development Review Committee (DRC) in November 2017. This building will include an outside courtyard and covered dining area. Following the DRC’s review, Skinner Bros. Realty is working with engineering consultant Connelly and Wicker and design firm Ervin Lovett Miller to build-out the site’s full horizontal construction plan. Skinner Bros. Realty plans to submit civil drawings to Nassau County in February 2018.

“We are very pleased to work with Skinner Bros. Realty to develop the first retail space in Wildlight,” said Charles Adams, vice president of Community Development for Wildlight. “Skinner Bros. Realty’s vast experience and success in developing and managing retail projects for this type of community make them a natural fit for Wildlight.”

Construction is expected to begin this summer. Terms of the sale have not been disclosed.

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About Skinner Bros. Realty

Skinner Bros. Realty Company, established in January 1999, is a developer, investor, owner and manager of retail, office and mixed-use properties. The firm specializes in acquisition, planning, permitting, development and marketing of real estate as well as the representation of individual and corporate clients in the search for premier business locations.

About Wildlight

Wildlight is envisioned as a new town inspired by a character, culture and pattern of living that we call “Florida Lowcountry,” where play is a part of every day and the natural world is a natural part of life. The plan for Wildlight includes a mix of homes, townhomes

and rental apartments together with shops and restaurants, a new elementary school and a system of trails and pathways intended to make it healthy and walkable and connect it all together. Our Phase 1 plan is flexible and currently designed for about 1,000 homes across about 260 acres plus nearly 350 acres of permanently preserved open space. Wildlight will offer comfortable and friendly Florida Lowcountry living 20 miles north of Jacksonville, just east of Interstate 95 on A1A, with easy access to both Amelia Island and the Jacksonville International Airport. Wildlight is being created by Raydient Places + Properties, a taxable subsidiary of Rayonier Inc., a real estate investment trust. For more information please visit Wildlight.com.