Armada Hoffler Properties, Inc. (AHH) said Monday that it has completed its initial public offering of 16.525 million shares of common stock priced at $11.50 per share.
The shares are listed on the New York Stock Exchange under the symbol "AHH."
Robert W. Baird & Co. Incorporated, Raymond James & Associates, Inc. and Stifel, Nicolaus & Company, Incorporated served as joint book-running managers for the offering. Oppenheimer & Co. served as lead manager. BB&T Capital Markets, a division of BB&T Securities, LLC, Janney Montgomery Scott LLC and Wunderlich Securities, Inc., served as co-managers for the offering.
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