Hoffman & Associates, a real estate developer specializing in mixed-use and residential communities, is celebrating its 30th anniversary by expanding into two new markets: Charlotte, NC and Richmond VA. The Richmond project is located in Scott’s Addition with an estimated cost of $133 million for retail space, apartments and amenities. In Charlotte’s South End neighborhood Hoffman & Associates will undertake two mixed-use residential developments totaling over 800,000 square feet at a cost of more than $300 million.
With over a $6 billion portfolio across the Mid-Atlantic and Southeast regions Jon McAvoy – Chief Investment Officer at Hoffman & Associates – commented “As a company we are always looking for opportunities to strategically expand our portfolio while bringing our unique vision to new markets; we are proud to grow our presence in the Southeast region.”
