Armada Hoffler Properties Elects New Member to Board of Directors

Armada Hoffler Properties, Inc. (NYSE: AHH), today announced that Eva Teig Hardy, a distinguished business executive with extensive public and private sector experience, has been unanimously elected to the Company's board of directors and compensation committee, effective immediately. She will stand for re-election to the board at the Company's 2015 annual meeting of stockholders.

Ms. Hardy retired as executive vice president of Public Policy and Corporate Communications at Dominion Resources in 2008, after 20 years as an executive with the company, where she was responsible for local, state and federal relations in all states where Dominion did business, as well as media, communications, advertising and The Dominion Foundation

In addition to her private sector experience, Hardy spent 17 years in local and state government, serving in several positions with the City of Portsmouth, Virginia from 1972 to 1981. She became Commissioner of Labor for Virginia in 1983, and served as Secretary of Health and Human Resources from 1986 to 1990 in the administration of Virginia Gov. Gerald L. Baliles. She served as Interim State Director for US Senator Mark R. Warner in 2009. She has served as Vice Chair of the State Council of Higher Education and on the Board of Trustees of her alma mater, Hood College as well as the Board of the Eastern Virginia Medical School. She currently serves on the VCU Health Systems Authority, the Virginia Community College Foundation, and the Virginia Commonwealth Higher Education Board Appointments Committee.

"We are very fortunate that Eva Hardy has joined our Board as a new independent member," said Lou Haddad, Armada Hoffler Properties President and Chief Executive Officer. “She is a seasoned executive whose experience will complement our efforts as we continue to seek development opportunities that result from deep and longstanding relationships in the public and private sectors.”

Eva Teig Hardy has lived in Virginia since 1957. She received a bachelor’s degree in political science from Hood College in Frederick, MD and a master’s degree in government and public administration from the American University, Washington, DC.

About Armada Hoffler Properties, Inc.

Armada Hoffler Properties, Inc. is a full service real estate company with extensive experience developing, building, owning and managing high-quality, institutional-grade office, retail and multifamily properties in attractive markets throughout the Mid-Atlantic United States. The Company has elected to be taxed as a real estate investment trust (“REIT”) for U.S. federal income tax purposes.