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.