Armada Hoffler announced that Atlantic Union Bank has signed a full floor lease for approximately 12,000 square feet at One Columbus Center, located in the heart of Town Center of Virginia Beach. The new lease represents an immediate backfill of recently available space at a nearly 7% spread over the prior tenant’s lease. Armada Hoffler’s office portfolio at Town Center is now 99% leased.
Divaris Real Estate represented the landlord in the transaction, and Cushman & Wakefield Thalhimer represented the tenant. Located within Armada Hoffler’s Town Center portfolio, One Columbus Center is a Class A office building offering convenient access to dining, retail, entertainment, and residential options.
“Atlantic Union Bank’s decision to establish a significant presence at One Columbus Center further underscores Town Center of Virginia Beach’s position as the premier business address in the Hampton Roads region,” said Shawn Tibbetts, President and CEO of Armada Hoffler.
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