XML 60 R35.htm IDEA: XBRL DOCUMENT v3.25.0.1
Business and Organization (Tables)
12 Months Ended
Dec. 31, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Operating Portfolio As of December 31, 2024, the Company's 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 %
Harbor Point - Baltimore Waterfront
Constellation Retail* (1)
Baltimore, Maryland90 %
Point Street Retail* (3)
Baltimore, Maryland100 %
Grocery Anchored 
Broad Creek Shopping Center Norfolk, Virginia100 %
Broadmoor PlazaSouth Bend, Indiana100 %
Brooks Crossing Retail*Newport News, Virginia65 %
(4)
Delray Beach Plaza* Delray Beach, Florida100 %
Greenbrier Square Chesapeake, Virginia100 %
Greentree Shopping CenterChesapeake, Virginia100 %
Hanbury VillageChesapeake, Virginia100 %
Lexington SquareLexington, South Carolina100 %
North Pointe Center Durham, North Carolina100 %
Parkway CentreMoultrie, Georgia100 %
Parkway MarketplaceVirginia Beach, Virginia100 %
PropertyLocationOwnership Interest
Perry Hall MarketplacePerry Hall, Maryland100 %
Sandbridge Commons Virginia Beach, Virginia100 %
Tyre Neck Harris TeeterPortsmouth, Virginia100 %
Southeast Sunbelt 
Chronicle Mill Retail* (3)
Belmont, North Carolina85 %
(4)
North Hampton MarketTaylors, South Carolina100 %
One City Center Retail* (1)
Durham, North Carolina100 %
Overlook Village Asheville, North Carolina100 %
Patterson Place Durham, North Carolina100 %
Providence Plaza Retail*Charlotte, North Carolina100 %
South SquareDurham, North Carolina100 %
The Interlock Retail*Atlanta, Georgia100 %
Wendover VillageGreensboro, North Carolina100 %
Mid-Atlantic 
Dimmock Square Colonial Heights, Virginia100 %
Harrisonburg Regal Harrisonburg, Virginia100 %
Liberty Retail* (3)
Newport News, Virginia100 %
Marketplace at Hilltop Virginia Beach, Virginia100 %
Red Mill Commons Virginia Beach, Virginia100 %
Southgate Square Colonial Heights, Virginia100 %
Southshore Shops Chesterfield, Virginia100 %
The Edison Retail* (3)
Richmond, Virginia100 %
 
Office
Town Center of Virginia Beach
249 Central Park Office* (5)
Virginia Beach, Virginia100 %
4525 Main Street Office*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 %
PropertyLocationOwnership Interest
The Cosmopolitan*Virginia Beach, Virginia100 %
Harbor Point - Baltimore Waterfront
1305 Dock Street*Baltimore, Maryland90 %
1405 Point*Baltimore, Maryland100 %
Southeast Sunbelt
Chronicle Mill Apartments*Belmont, North Carolina85 %
(4)
Greenside ApartmentsCharlotte, North Carolina100 %
The Everly*Gainesville, Georgia100 %
Mid-Atlantic
Liberty Apartments*Newport News, Virginia100 %
Smith's LandingBlacksburg, Virginia100 %
The Edison*Richmond, Virginia100 %
________________________________________
*Mixed-use asset or located in a mixed-use development.
(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.
Schedule of Properties Under Development or Construction
As of December 31, 2024, the following properties were under development, under redevelopment or unstabilized:
Development, Not Stabilized
SegmentLocationAHH Ownership
Southern Post Retail
Retail*
Roswell, Georgia100%
Southern Post Office
Office*
Roswell, Georgia100%
Chandler Residences
Multifamily*
Roswell, Georgia100%
Redevelopment
Segment
Location
AHH Ownership
Columbus Village IIRetail*Virginia Beach, Virginia100 %
________________________________________
*Mixed-use asset or located in a mixed-use development.