Armada Hoffler Commits to Retaining WeWork as a Tenant in Premier One City Center Building, Bolstering Innovation Hub in Durham, North Carolina

VIRGINIA BEACH, Va., April 02, 2024 (GLOBE NEWSWIRE) -- Armada Hoffler (NYSE:AHH) announced its decision to continue its lease with WeWork at its trophy One City Center property, reinforcing its commitment to fostering innovation in the Durham, North Carolina region. "As previously communicated, we have diligently worked to refine lease terms, and we are pleased to have reached an agreement that ultimately results in market rate rent," said Shawn Tibbetts, President and Chief Operating Officer at Armada Hof ...