Armada Hoffler Properties, Inc. Appoints Shawn Tibbetts as Chief Operating Officer, Effective August 26, 2019
August 05, 2019 at 06:00 am EDT
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Armada Hoffler Properties, Inc. announced that accomplished executive Shawn Tibbetts has joined the company as Chief Operating Officer. Tibbetts comes to Armada Hoffler Properties with more than 15 years of corporate leadership experience. As COO, Tibbetts will be responsible for aligning the day-to-day operations of the company's various business lines and support groups with the corporate goals set by the CEO and Board of Directors. Tibbetts comes from the Port of Virginia where as President and COO of Virginia International Terminals, he was responsible for all operations, capacity expansion projects and information technology across all major port activities around the commonwealth. Tibbetts' appointment will be effective August 26, 2019.
Armada Hoffler Properties, Inc. is a vertically integrated, self-managed real estate investment trust (REIT). The Company is engaged in developing, building, acquiring, and managing office, retail and multifamily properties located primarily in the Mid-Atlantic & Southeastern United States. The Company operates through five segments: office real estate, retail real estate, multifamily real estate, general contracting & real estate services, and real estate financing. The Company's general contracting, and real estate services business develops and builds properties for its own account and provides construction and development services to both related and third parties. The real estate financing segment includes the Company's mezzanine loans and preferred equity investments on development projects. The Company also provides general construction and development services to third-party clients, in addition to developing and building properties to be placed in their stabilized portfolio.