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Armada Hoffler Properties
Armada Hoffler Properties

-4.32%

Real estate / REIT


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Armada Hoffler Properties

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Overview
Armada Hoffler Properties is a publicly traded real estate company that specializes in the development, construction, and management of high-quality, institutional-grade commercial properties. Founded in 1979 and headquartered in Virginia Beach, Virginia, the company has a diverse portfolio of properties that include office, retail, and multifamily buildings located primarily in the Mid-Atlantic and Southeastern United States.
The company’s history can be traced back to Armada Realty, which was founded by Daniel A. Hoffler and John R. Armada in 1979. In 2013, the company was renamed Armada Hoffler Properties after merging with Armada Realty Trust and becoming publicly traded on the New York Stock Exchange.
Today, the company employs over 200 professionals and has a market capitalization of approximately $1.6 billion. With a commitment to sustainability and community involvement, Armada Hoffler Properties has become a leader in the commercial real estate industry.
Services offered by Armada Hoffler Properties
Armada Hoffler Properties offers a range of services related to the development, construction, and management of commercial real estate. These services include:
1. Development: The company has a track record of successful development projects, including new construction and redevelopment of existing properties. This includes due diligence, design and engineering, financing, and construction management.
2. Construction: With an in-house team of experienced professionals, Armada Hoffler Properties offers construction management services for its own developments as well as for third-party clients.
3. Leasing and Property Management: The company has a dedicated team of leasing and property management specialists who work to maximize occupancy and rental rates for their properties. This includes marketing, lease negotiations, tenant relations, and property maintenance.
4. Asset Management: Armada Hoffler Properties also offers asset management services to its clients, including financial analysis and reporting, strategic planning, and risk mitigation.
5. Financing: The company has a strong relationship with various lenders and has experience in securing financing for its clients’ projects.
Portfolio of properties
Armada Hoffler Properties has a diverse portfolio of properties that includes office buildings, retail centers, and multifamily properties. Some of their notable developments include:
1. Town Center of Virginia Beach: This mixed-use development in Virginia Beach features over 1 million square feet of Class A office space, luxury apartments, retail shops, and restaurants.
2. Summit Pointe: Located in Chesapeake, Virginia, this development is a 69-acre, mixed-use community that includes Class A office space, a hotel, retail and restaurant space, and residential apartments.
3. Maryland Farms Office Complex: This 1 million square foot office park in Brentwood, Tennessee, is one of the largest in the Nashville area and is home to several Fortune 500 companies.
4. BLVD at Lenox: This luxury apartment community in Atlanta, Georgia, features over 320 units, a rooftop pool, and high-end amenities.
In addition to these developments, Armada Hoffler Properties also has properties in North Carolina, South Carolina, and Maryland.
Sustainability and community involvement
Armada Hoffler Properties is committed to sustainability and has implemented various energy-efficient and environmentally conscious practices in its developments. The company has received LEED (Leadership in Energy and Environmental Design) certification for several of its properties and is a member of the U.S. Green Building Council.
The company also has a strong commitment to community involvement and has partnerships with various local organizations and charities. Their employees participate in volunteer opportunities and the company also supports various charitable initiatives, including scholarships and fundraising events.
What is special about the company?
Armada Hoffler Properties

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Armada Hoffler Properties

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Armada Hoffler Properties

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