St. Joe announces new builder relationship with Toll Brothers

The St. Joe Company (JOE) announced a new builder relationship and the execution of a contract for homesites in Panama City Beach with Toll Brothers, Inc. (TOL), the nation’s leading builder of luxury homes. “We frequently hear from builders who, like us, are encouraged by the inbound migration that Northwest Florida is seeing from all parts of the country,” said Bridget Precise, Senior Vice President of Residential Real Estate for St. Joe. “We are thrilled to be working with Toll Brothers to bring their luxury home product to our market as we continue to diversify our builder relationships and the product mix in our residential communities.”