Armada Hoffler Executes Lease with The Gathering Spot at the Interlock in Atlanta

Core Insights - Armada Hoffler has secured a significant lease with The Gathering Spot, which will occupy 38,000 square feet on the rooftop and an additional 20,000 square feet of office space at The Interlock in Atlanta [1][2] - The Interlock is a mixed-use development that includes 203,000 square feet of office space, 108,000 square feet of retail space, and a boutique hotel, highlighting the demand for well-located, amenity-rich real estate [2] - The Gathering Spot, founded in 2016, is a private club that has expanded to multiple cities and has approximately 12,000 members, making it the largest Black-owned community in the U.S. [3] Company Overview - Armada Hoffler is a self-managed real estate investment trust (REIT) with over 40 years of experience in developing, building, acquiring, and managing high-quality properties primarily in the Mid-Atlantic and Southeastern U.S. [5] - The company also provides development and general contracting services to third-party clients, showcasing its integrated business model [5] The Gathering Spot's Vision - The Gathering Spot aims to create a dynamic environment for business meetings and networking, while also providing spaces for relaxation and wellness experiences [4] - The new location will feature membership perks such as full-service restaurants, flexible workspaces, and skill workshops, enhancing the overall member experience [4]