Pattillo Industrial Real Estate opened its first speculative building March 26 at Wildlight Commerce Park in Nassau County.
Peter Anderson, Pattillo vice president of new investments, said an announcement on tenants could come within 90 days.
The 67,656-square-foot industrial warehouse at 100 Wildworks Ave. is about 1.5 miles east of Interstate 95 off Florida 200 in Yulee. Pattillo broke ground on the project June 25.
A second 149,104-square-foot building, also part of the first phase of the project, is under construction and expected to be completed by July, Anderson said.
At completion, Wildlight Commerce Park is planned to include 12 buildings totaling 1.6 million square feet, according to the company. Pattillo announced in November 2022 that it would develop the commerce park over 10 years.
Atlanta-based FCL Builders is the contractor. Pattillo is headquartered in Atlanta and has an office in Jacksonville.
Wildlight is a master-planned, mixed-use community developed by Raydient Places + Properties, a subsidiary of Rayonier Inc., and includes residential, retail and health care components.