REBusinessOnline

Armada Hoffler Buys Out S.J. Collins to Fully Control $80M Southern Post Project in Roswell, Georgia

Southern Post in downtown Roswell, Ga., will offer 40,000 square feet of retail space; 90,000 square feet of loft-style, open-concept office space; 128 upscale apartments; and 10 townhomes with garages.

ROSWELL, GA. — Armada Hoffler Properties Inc. has purchased the interest from co-developer S.J. Collins Enterprises to fully control the development of Southern Post, a planned $80 million mixed-use development in downtown Roswell. Armada Hoffler plans to break ground on the project in spring 2021. Southern Post will offer 40,000 square feet of retail space; 90,000 square feet of loft-style, open-concept office space; 128 upscale apartments; and 10 townhomes with garages. Committed tenants include PONKO Chicken and Da Vinci’s Donuts.

In addition to the Southern Post transaction, Armada Hoffler has recently completed the off-market acquisition of The Residences at Annapolis Junction in Annapolis, Md. The 416-unit apartment community was 97 percent occupied at the time of sale. The Virginia Beach-based investment and development financed the acquisition using a 10-year agency loan totaling $84 million. The LEED Gold-certified property was built in 2018 by Armada Hoffler’s general contracting subsidiary, Armada Hoffler Construction Co.

Get more news delivered to your inbox. Subscribe to France Media's e-newsletters. Click here.



Related News

Webinars on Demand


Conferences


Read the Digital Editions

Heartland Recent Issue

Northeast Recent Issue

Southeast Recent Issue

Texas Recent Issue

Western Recent Issue

Shopping Center Business

California Centers

Ancillary Retail

Student Housing Business

Seniors Housing Business

Featured Properties