Jan

DDR, TIAA-CREF Close on $171M Retail Portfolio Sale to Armada Hoffler

Navigating the complex world of commercial real estate is about to get even easier and smarter – look for the NEW Globest.com coming in February!

The Oceaneering Building

VIRGINIA BEACH, VA—A retail portfolio sale that the locally-based Armada Hoffler Properties REIT announced last month has closed with missing details filled in.

Armada Hoffler reported that it was acquiring 11 retail centers located throughout the Mid-Atlantic and south central US for $170.5 million in cash.

The portfolio is 94% leased and totaled 1.1-million square feet, it said…

DDR, TIAA-CREF Close on $171M Retail Portfolio Sale to Armada Hoffler

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DDR, TIAA-CREF Close on $171M Retail Portfolio Sale to Armada Hoffler

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