Armada Hoffler Properties Completes the Acquisition of Class A+ Mixed-Use Exelon Building in Baltimore’s Harbor Point
Armada Hoffler Properties, Inc. (AHH)
Last armada hoffler properties, inc. earnings: 4/30 06:00 am
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Source: GlobeNewswire
VIRGINIA BEACH, Va. and BALTIMORE, Jan. 18, 2022 (GLOBE NEWSWIRE) -- Armada Hoffler Properties, Inc. (NYSE: AHH) (the “Company”) completed the previously announced $246 million acquisition of a 79% interest and additional 11% economic interest in the Exelon building, a prime mixed-use property in Baltimore’s desirable Harbor Point neighborhood. Beatty Development Group retains a 10% ownership position in the Exelon property following the completed transaction. The Exelon property features a 23-story Class A office building with 444,000 square feet of space, 103 multifamily units – the 1305 Dock Street apartments, 38,500 square feet of retail space, and 750 parking spaces. Fortune 100 energy company Exelon currently occupies the office building and leases 500 of the parking spaces. West Elm anchors the retail component. Exelon’s long-term lease for the office space has a remaining term of 15 years. The building will become the headquarters of Constellation, a publicly traded, Fortu
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AHH
Earnings
- 2/22/24 - Miss
AHH
Sec Filings
- 4/19/24 - Form DEFA14A
- 4/19/24 - Form DEF
- 4/19/24 - Form ARS
- AHH's page on the SEC website