A Jacksonville-based developer has picked up more than 150 acres of heavy industrial land at the intersection of U.S. 17 and Interstate 95 in Yulee, paying $2 million for a site poised to bring truck parking and hundreds of thousands of square feet of warehouse space to the fast-growing Nassau County corridor.
Signature Land Inc. acquired the property through an affiliate called I-95 Signature LLC, according to Jacksonville Daily Record, whose report on the Nassau County deed — recorded on August 17 — forms the basis of most of the details known about the sale so far. The seller, US Ventures FL WCT LLC, is managed by Wiverson Trecenti, who owns Providence Hill, a private outdoor sporting resort and club spanning more than 1,200 acres in central Mississippi, per the same account.
The Yulee tract sits north of the developing Wildlight master-planned community and remains uncleared, positioned right at Exit 380 off U.S. 17 — a location that puts it squarely inside the industrial growth wave already reshaping the Florida 200 and I-95 corridor. Shaun Mayberry, a Franklin Street managing director, brokered the deal and wrote in a LinkedIn post that the acquisition is expected to deliver truck parking and more than 500,000 square feet of tilt-wall industrial space, though Signature Land did not respond successfully to inquiries about specific project plans, according to the Daily Record's reporting.
A Familiar Playbook for Signature Land
Signature Land's portfolio, based in Jacksonville and concentrated primarily on the city's Northside, now includes 12 properties, and the company has a track record of entitling large industrial sites that later attract major tenants. The firm previously acquired and prepped the 180-acre North Jacksonville site — known during development as Project Rex — that became Amazon's 2.3-million-square-foot fulfillment center, a deal the Daily Record reported traces back to company President Steve Leggett buying the Duval Road parcel in 2007, before the 2008 downturn, and eventually negotiating its sale for the Amazon buildout.
Signature Land also built Max Leggett Parkway, a 1.2-mile stretch near Jacksonville International Airport completed in 2012 as part of a $12 million multi-developer roadway expansion, according to AARoads. The road was named for former Jacksonville City Council member Max Leggett, Steve Leggett's father, who joined the Jacksonville Fire Department in 1960 alongside Rob Sorensen. That connection runs through the current deal too: company officers include Stephen Leggett as president and Robin Sorensen, cofounder of Firehouse Subs, according to the Daily Record.
Mayberry and Signature Land have worked together before. In July 2023, Mayberry represented Signature Land in the $5.3 million sale of Northside, a 9.84-acre parcel at Faye Road and Alta Drive in North Jacksonville, which Franklin Street said was bought for a planned mixed-use commercial development near JaxPort and Jacksonville International Airport.
Nassau County's Industrial Buildout Accelerates
The Yulee purchase lands amid a broader industrial push across Nassau County, where officials are trying to counter the county's long-standing status as a bedroom community. County planning documents show roughly 46 percent of employed residents commute out of the county for work, mostly south to Jacksonville — a pattern local economic development leaders cite as justification for backing more light manufacturing and industrial projects.
That effort is already visible just up the road. Pattillo Industrial Real Estate opened a 67,656-square-foot speculative warehouse in March at Wildlight Commerce Park, the first of 12 planned buildings totaling 1.6 million square feet along Florida 200, as previously reported by the Jacksonville Daily Record. The commerce park broke ground on its 165-acre footprint in 2024 as the commercial job-creation piece of the Wildlight master plan. Elsewhere in the county, the 1,800-acre Crawford Diamond Industrial Park in Callahan offers 400 rail-served industrial acres alongside 1,300 acres of Florida Power & Light solar generation, per the North Florida Economic Development Partnership.
The newly acquired parcel also borders the 24,000-acre East Nassau Community Planning Area, a long-term sector plan approved by Nassau County and the Florida Legislature in 2011 to guide multi-decade development around U.S. 17 and I-95 while protecting wetlands, according to the Nassau County Economic Development Board.
Growth Pressures Pile Up Around Wildlight
Population growth is a major driver behind the demand for industrial and logistics space. Nassau County's population is projected to climb from roughly 107,100 residents this year to nearly 119,300 by 2030, according to Construction Executive, with unincorporated areas like Yulee expected to absorb about 81 percent of that growth. Hoodline has reported on Yulee's rapid expansion as Wildlight adds new home lots to keep pace.
Much of that residential growth is concentrated just south of the new industrial tract. Wildlight is expanding into its 4,700-acre Garden District, which planned an initial buildout of 4,100 single-family homes starting in 2025 with builders including Toll Brothers, David Weekley Homes, Ashton Woods and Perry Homes, per News4JAX. The convergence of new rooftops and new warehouse space raises open questions about how quickly Signature Land will pursue zoning changes or environmental permitting through the St. Johns River Water Management District, whether truck parking or speculative warehouse construction comes first, and how traffic at the Exit 380 interchange will hold up as the surrounding community keeps expanding.
