October 7, 2020

Armada Hoffler Properties Acquires The Edison Apartments in Downtown Richmond, Virginia

The Edison high-rise apartment building in downtown Richmond has a new owner.

Virginia Beach-based Armada Hoffler Properties Inc. acquired the 174-unit complex at Seventh and East Franklin streets for $25 million, the company said. The deal includes the assumption of debt and the issuance of operating partnership units.

Read full article by the Richmond Times-Dispatch here.