134 0 Kommentare The St. Joe Company’s Diverse Portfolio of Leasable Space Approaches 1 Million Square Feet - Seite 2

“As we grow our portfolio, we are not just looking to add square footage, but also to further diversify asset types and tenant mix,” said Dan Velazquez, Senior Vice President of Commercial Real Estate for St. Joe. “This strategy is reflected in our recently completed projects as well as those currently under construction creating long-term buoyancy and stability for this segment of our company.”

St. Joe anticipates its self-storage facility and first mixed-use building at Watersound Town Center to be completed later this year. The Publix supermarket is anticipated to be completed in 2022.

Important Notice Regarding Forward-Looking Statements

This press release contains “forward-looking statements,” within the meaning of Section 21E of the Exchange Act, including statements regarding the proposed Watersound Town Center, Publix Super Market and self-storage facility. These forward-looking statements are qualified in their entirety by cautionary statements and risk factors set forth in St. Joe’s filings with the SEC, including its Annual Report on Form 10-K for the year ended December 31, 2020: (1) the ability of St. Joe to complete the leasable space currently under construction on the anticipated timeline, or at all, and (2) the interest of prospective tenants and customers in leasable space in Northwest Florida.

About The St. Joe Company

The St. Joe Company is a real estate development, asset management and operating company with real estate assets and operations in Northwest Florida. The Company intends to use existing assets for residential, hospitality and commercial ventures. St. Joe has significant residential and commercial land-use entitlements. The Company actively seeks higher and better uses for its real estate assets through a range of development activities. More information about the Company can be found on its website at www.joe.com. On a regular basis, the Company releases a video showing progress on projects in development or under construction. See https://www.joe.com/video-gallery for more information.

The St Joe Company 2021. “St. Joe”, “JOE”, the “Taking Flight” Design, “St. Joe (and Taking Flight Design) ^, “Watersound” and “Watersound Town Center℠” are registered service marks of The St. Joe Company or its affiliates.