Armada Hoffler Properties’ Student Housing Portfolio 95% Pre-Leased
July 28 2020 - 6:00AM
Armada Hoffler Properties, Inc. (NYSE: AHH) today provided a
leasing update on its student housing properties. As of July 27,
the Company’s student housing portfolio is 95% pre-leased for the
2020-2021 academic year.
- Hoffler Place in Charleston, South Carolina is 100%
pre-leased.
- Summit Place in Charleston, South Carolina is 97%
pre-leased.
- Johns Hopkins Village (Nine East 33rd) in Baltimore, Maryland
is 91% pre-leased.
“I am pleased to report that all three of our student housing
assets will be essentially fully occupied for the coming school
year,” said Louis Haddad, President and Chief Executive Officer.
“Both of our Charleston properties, including the newly-delivered
Summit Place, are effectively 100% pre-leased and at Johns Hopkins,
we have ample prospects for the remaining available beds. Our
Class-A communities strive to provide clean, safe, and healthy
living environments for returning students. As part of the Johns
Hopkins University and College of Charleston communities, we are
excited to welcome students back to campus.”
About Armada Hoffler Properties,
Inc. Armada Hoffler Properties, Inc. (NYSE: AHH) is a
vertically-integrated, self-managed real estate investment trust
("REIT") with four decades of experience developing, building,
acquiring, and managing high-quality, institutional-grade office,
retail, and multifamily properties located primarily in the
Mid-Atlantic and Southeastern United States. In addition to
developing and building properties for its own account, the Company
also provides development and general contracting construction
services to third-party clients. Founded in 1979 by Daniel A.
Hoffler, the Company has elected to be taxed as a REIT for U.S.
federal income tax purposes. For more information, visit
ArmadaHoffler.com.
Contact:Michael P. O’HaraArmada Hoffler
Properties, Inc.Chief Financial Officer, Treasurer, and
SecretaryEmail: MOHara@ArmadaHoffler.com Phone: (757) 366-6684
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