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Stock impact report

Armada Hoffler Properties Recaptures Two Prime Sites for Redevelopment

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., Oct. 26, 2020 (GLOBE NEWSWIRE) -- Armada Hoffler Properties, Inc. (NYSE: AHH) announced today that it has reclaimed two prime sites for redevelopment – 3 acres within the Company’s flagship development, the Town Center of Virginia Beach and nearly 10 acres adjacent to James Madison University in Harrisonburg, Virginia. Following the tenant’s default, the Company terminated its two leases with Regal Cinemas for the freestanding locations in Virginia Beach and Harrisonburg, the only cinema leases in Armada Hoffler Properties’ portfolio. The Town Center of Virginia Beach is Armada Hoffler Properties’ ongoing multi-phased, mixed-use, public-private partnership with the City of Virginia Beach. The 3-acre parcel formerly occupied by Regal Cinemas is strategically situated within the 17-block development in the middle of over one million square feet of commercial office and retail space, 750 apartment units, 175 residential condos, 400 hotel rooms, 25 restaurants, two Show less Read more
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