AHH - Mergers and acquisitions

VIRGINIA BEACH, Va., May 05, 2025 (GLOBE NEWSWIRE) -- Armada Hoffler (NYSE:AHH) today announced it has reached an agreement with its joint venture partner, Beatty Development Group, to acquire full ownership and control of Allied | Harbor Point, a 312-unit multifamily asset located in Harbor Point Baltimore. The transaction aligns with the company's strategic initiative to simplify its business, create synergies with existing assets and enhance long-term value. Under the terms of the agreement, Armada Hoffler will acquire the partner's minority interest in the property, transitioning from joint venture ownership to sole ownership. The acquisition is expected to close in June, subject to c

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