Armada Hoffler Receives Surge in Interest for Class-A Office Space at the Interlock

Core Insights - Armada Hoffler has rejected the WeWork lease at The Interlock, creating an opportunity for innovative companies to secure premium office space in a desirable location [1][2] - The termination of the lease on December 31, 2023, has allowed the company to retain one of the largest single tenants and has resulted in signed or pending Letters of Intent (LOIs) for most of the remaining space [1] Company Overview - Armada Hoffler is a vertically integrated, self-managed real estate investment trust (REIT) with over 40 years of experience in developing, building, acquiring, and managing high-quality multifamily, office, and retail properties, primarily in the Mid-Atlantic and Southeastern United States [3] - The company also provides general construction and development services to third-party clients and has been operating since its founding in 1979 by Daniel A. Hoffler [3]