TLDR: Big Four Accounting Firm Opens New Office in Virginia Beach

One of the largest accounting firms in the world, KPMG, has signed a lease with Armada Hoffler to open a new office in downtown Virginia Beach. The office, located in the Armada Hoffler Tower, spans over 13,000 square feet. This expansion highlights KPMG’s commitment to serving clients in the Hampton Roads region.

KPMG is known for its audit, tax, and advisory services and has a strong global presence. The firm’s decision to open a new office in Virginia Beach demonstrates its confidence in the local market and its desire to better serve clients in the region.

The Armada Hoffler Tower, where the new office will be located, is a prominent landmark in downtown Virginia Beach. The tower offers modern amenities and a prime location, making it an ideal choice for KPMG’s new office.

This lease agreement between KPMG and Armada Hoffler is a win-win for both parties. KPMG gains a strategic location for its new office, while Armada Hoffler secures a major tenant for its tower. This deal further solidifies the reputation of Armada Hoffler as a sought-after commercial real estate destination in Virginia Beach.

The new KPMG office will contribute to the economic growth and development of the Hampton Roads region. With its focus on providing high-quality accounting and advisory services, KPMG will be able to support local businesses and contribute to the success of the local economy.

KPMG’s decision to open a new office in Virginia Beach also reflects the city’s appeal as a business hub. Virginia Beach offers a favorable business environment, with access to a skilled workforce and a strong economy. This makes it an attractive choice for companies looking to establish a presence in the region.

The expansion of KPMG’s operations in Virginia Beach will likely lead to job creation and increased demand for commercial real estate in the area. This is positive news for the local economy and the real estate market, as it demonstrates confidence in the region’s future growth potential.

In conclusion, KPMG’s decision to open a new office in Virginia Beach is a testament to the city’s appeal as a business destination and the strength of the local economy. The new office will contribute to the growth and development of the Hampton Roads region and further solidify Armada Hoffler Tower as a premier commercial real estate location.