Connect Money: Alternative Assets Conference – Chicago June 14

Atlanta & Southeast News In Your Inbox

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors


Atlanta & Southeast  + Atlanta  + Finance  | 
Armada Hoffler acquired The Interlock’s Phase One office and retail components for $215 million from SJC Ventures

Armada Hoffler Acquires Phase One of The Interlock in Atlanta for $215 Million

Armada Hoffler acquired The Interlock’s Phase One office and retail components for $215 million from SJC Ventures. The off-market transaction for the mixed-use 9-acre development in West Midtown is expected to close this quarter. The deal included $100 million in fixed-rate financing and the conversion of Armada Hoffler’s existing mezzanine loan to equity, plus limited partnership interest. 

Armada Hoffler was the general contractor for Phase One, which opened in 2021 at 1115 Howell Mill Road NW. The $750 million project consists of 311,000 square feet of office and retail space, an 835-space garage, a hotel, and residential space. The commercial space was 89 percent leased at the time of sale

SJC is still working on Phase Two, which is expected to be completed in 2024. It includes 186,000 square feet of office space, 92,000 square feet of retail space, and a 682-bed student housing tower. 


Inside The Story

About Angela Noote

Angela Noote is a native of Northern California and graduated from Chico State with a degree in public relations. After college she moved to the Central Coast and worked first in ad sales then in editorial, eventually spending more than a decade as a print reporter and editor. She detoured into design work at a printer/publisher, and with a partner eventually opened a boutique full-service marketing agency. Moving into corporate communications, she built and managed several successful marketing teams in the hospitality, financial services, and nonprofit industries. Most recently she was an internal comms manager in the tech sector. After a long stint spent in Georgia (Go Dawgs), she moved to Baton Rouge, LA and has written for clients in the financial, luxury imports, higher ed, commercial cleaning, and medical equipment industries. Her son is a media arts major at the University of South Carolina, and her husband owns a comedy theater in Baton Rouge, where you can often find Angi teaching improv classes, leading corporate training events, or doing an occasional stand up set.

Step 1: Select Education
New call-to-action
New call-to-action