Armada Hoffler Completes Successful Disposition of South Carolina Retail Assets

Company closes sales of Nexton Square and Market at Mill Creek at blended 20% profit over costVIRGINIA BEACH, Va., Jan. 06, 2025 (GLOBE NEWSWIRE) -- Armada Hoffler (NYSE: AHH) completed a successful exit from two retail real estate assets in South Carolina. The Company closed the sales of Nexton Square in Summerville, South Carolina and Market at The Mill Creek in Mount Pleasant, South Carolina on December 18, 2024. Both properties were sold to the same undisclosed buyer for $82 million. Armada Hoffler capi ...