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Business of Organization
6 Months Ended
Jun. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Business of Organization Business of Organization
 
Armada Hoffler Properties, Inc. (the "Company") is a vertically integrated, self-managed real estate investment trust ("REIT") with over four decades of experience managing, building, acquiring, and developing high-quality retail, office, and multifamily properties located primarily in the Mid-Atlantic and Southeastern United States. In addition to the ownership of the Company's operating property portfolio, the Company develops and builds properties for its own account and through joint ventures between the Company and unaffiliated partners and also invests in development projects through real estate financing arrangements. The Company also provides general construction and development services to third-party clients. The Company's construction and development experience includes mid- and high-rise office buildings, retail strip malls, retail power centers, multifamily apartment communities, hotels and conference centers, single- and multi-tenant industrial, distribution, and manufacturing facilities, educational, medical, and special purpose facilities, government projects, parking garages, and mixed-use town centers.

The Company is the sole general partner of Armada Hoffler, L.P. (the "Operating Partnership") and, as of June 30, 2024, owned 75.6% of the economic interest in the Operating Partnership, of which 0.1% is held as general partnership units. The operations of the Company are conducted primarily through the Operating Partnership and the wholly owned subsidiaries thereof.
 
As of June 30, 2024, the Company's stabilized operating portfolio consisted of the following properties:
PropertyLocationOwnership Interest
Retail
Town Center of Virginia Beach
249 Central Park Retail*Virginia Beach, Virginia100 %
4525 Main Street Retail* (1)
Virginia Beach, Virginia100 %
4621 Columbus Retail* (2)
Virginia Beach, Virginia100 %
Columbus Village*Virginia Beach, Virginia100 %
Commerce Street Retail*Virginia Beach, Virginia100 %
Fountain Plaza Retail*Virginia Beach, Virginia100 %
Pembroke Square*Virginia Beach, Virginia100 %
Premier Retail*Virginia Beach, Virginia100 %
South Retail*Virginia Beach, Virginia100 %
Studio 56 Retail*Virginia Beach, Virginia100 %
The Cosmopolitan Retail* (3)
Virginia Beach, Virginia100 %
Two Columbus Retail* (1)
Virginia Beach, Virginia100 %
West Retail* (1)
Virginia Beach, Virginia100 %
Grocery Anchored
Broad Creek Shopping CenterNorfolk, Virginia100 %
Broadmoor PlazaSouth Bend, Indiana100 %
Brooks Crossing Retail*Newport News, Virginia65 %
(4)
Delray Beach Plaza*Delray Beach, Florida100 %
Greenbrier SquareChesapeake, Virginia100 %
Greentree Shopping CenterChesapeake, Virginia100 %
Hanbury VillageChesapeake, Virginia100 %
Lexington SquareLexington, South Carolina100 %
Market at Mill CreekMount Pleasant, South Carolina100 %
North Pointe CenterDurham, North Carolina100 %
Parkway CentreMoultrie, Georgia100 %
Parkway MarketplaceVirginia Beach, Virginia100 %
Perry Hall MarketplacePerry Hall, Maryland100 %
Sandbridge CommonsVirginia Beach, Virginia100 %
Tyre Neck Harris TeeterPortsmouth, Virginia100 %
Harbor Point - Baltimore Waterfront
Constellation Retail* (1)
Baltimore, Maryland90 %
Point Street Retail* (3)
Baltimore, Maryland100 %
Southeast Sunbelt
Chronicle Mill Retail* (3)
Belmont, North Carolina85 %
(4)
Nexton Square*Summerville, South Carolina100 %
North Hampton MarketTaylors, South Carolina100 %
One City Center Retail* (1)
Durham, North Carolina100 %
Overlook VillageAsheville, North Carolina100 %
Patterson PlaceDurham, North Carolina100 %
Providence Plaza Retail*Charlotte, North Carolina100 %
South SquareDurham, North Carolina100 %
The Interlock Retail*Atlanta, Georgia100 %
Wendover VillageGreensboro, North Carolina100 %
Mid-Atlantic
Dimmock SquareColonial Heights, Virginia100 %
Harrisonburg RegalHarrisonburg, Virginia100 %
Liberty Retail* (3)
Newport News, Virginia100 %
Marketplace at HilltopVirginia Beach, Virginia100 %
Red Mill CommonsVirginia Beach, Virginia100 %
Southgate SquareColonial Heights, Virginia100 %
Southshore ShopsChesterfield, Virginia100 %
The Edison Retail* (3)
Richmond, Virginia100 %
Office
Town Center of Virginia Beach
249 Central Park Office* (5)
Virginia Beach, Virginia100 %
4525 Main Street*Virginia Beach, Virginia100 %
4605 Columbus Office* (5)
Virginia Beach, Virginia100 %
Armada Hoffler Tower*Virginia Beach, Virginia100 %
One Columbus*Virginia Beach, Virginia100 %
Two Columbus Office*Virginia Beach, Virginia100 %
Harbor Point - Baltimore Waterfront
Constellation Office*Baltimore, Maryland90 %
Thames Street Wharf*Baltimore, Maryland100 %
Wills Wharf*Baltimore, Maryland100 %
Southeast Sunbelt
Chronicle Mill Office* (3)
Belmont, North Carolina85 %
(4)
One City Center Office*
Durham, North Carolina100 %
Providence Plaza Office* (5)
Charlotte, North Carolina100 %
The Interlock Office*Atlanta, Georgia100 %
Mid-Atlantic
Brooks Crossing Office* (5)
Newport News, Virginia100 %
Multifamily
Town Center of Virginia Beach
Encore Apartments*Virginia Beach, Virginia100 %
Premier Apartments*Virginia Beach, Virginia100 %
The Cosmopolitan*Virginia Beach, Virginia100 %
Harbor Point - Baltimore Waterfront
1305 Dock Street*Baltimore, Maryland90 %
1405 Point*Baltimore, Maryland100 %
Southeast Sunbelt
Chronicle Mill*Belmont, North Carolina85 %
(4)
Greenside ApartmentsCharlotte, North Carolina100 %
The Everly*Gainesville, Georgia100 %
Mid-Atlantic
The Edison*Richmond, Virginia100 %
Liberty Apartments*Newport News, Virginia100 %
Smith's LandingBlacksburg, Virginia100 %
________________________________________
*Mixed-use asset.
(1) Formerly reported in the office real estate segment. Refer to Note 3 for further information.
(2) Formerly known as Apex Entertainment.
(3) Formerly reported in the multifamily real estate segment. Refer to Note 3 for further information.
(4) We are entitled to a preferred return on our investment in this property.
(5) Formerly reported in the retail real estate segment. Refer to Note 3 for further information.

As of June 30, 2024, the following properties were under development or redevelopment: 
Development, Not Stabilized
Segment
Location
AHH Ownership
Southern Post Retail*
RetailRoswell, Georgia100%
Southern Post Office*
OfficeRoswell, Georgia100%
Chandler Residences*
MultifamilyRoswell, Georgia100%
Redevelopment
Segment
Location
AHH Ownership
Columbus Village II*RetailVirginia Beach, Virginia100 %