Armada Hoffler executes two retail leases in Town Center of Virginia Beach

Armada Hoffler (AHH) completed two significant new retail leases at Columbus Village in the Town Center of Virginia Beach district. The Company executed a 14,000-square-foot lease with a prominent grocer and a 19,000-square-foot lease with a national sporting goods retailer. These two credit tenants will backfill substantially all of the space previously occupied by Bed Bath & Beyond. In the 18 months since Bed Bath & Beyond closed, the Company has now backfilled both spaces previously occupied by the retailer, having also re-leased the space at Patterson Place to another national credit tenant.