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Stock impact report

Armada Hoffler Properties Acquires Overlook Village and Greenbrier Square

Armada Hoffler Properties, Inc. (AHH) 
Last armada hoffler properties, inc. earnings: 4/30 06:00 am Check Earnings Report
US:NYSE Investor Relations: ir.armadahoffler.com
Company Research Source: GlobeNewswire
VIRGINIA BEACH, Va., Aug. 25, 2021 (GLOBE NEWSWIRE) -- Armada Hoffler Properties, Inc. (NYSE: AHH) announced that it has completed the off-market acquisition of two high-volume retail centers; Overlook Village in Asheville, North Carolina for $28.35 million and Greenbrier Square in Chesapeake, Virginia for $36.5 million. Currently, Overlook Village is 100% occupied, while Greenbrier Square is 95.4% occupied with one value-add opportunity. Overlook Village is located in the desirable and high barrier-to-entry area of Asheville, adjacent to Whole Foods and Asheville Mall. The center is anchored by T.J.Maxx, HomeGoods, Ross Dress for Less, and Five Below. “Overlook Village’s T.J.Maxx is the most visited of the brand in the state of North Carolina,” said Louis Haddad, President & CEO of Armada Hoffler Properties. “Similarly, the Ross Dress for Less is the most visited within 50 miles. These statistics, in addition to the other high credit tenants, solidify our decision to acquire this Show less Read more
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