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Recent Sold/Leased Announcements

Poe & Cronk Announces Sale of Blacksburg Industrial Property

BLACKSBURG, VA - Poe & Cronk Real Estate Group today announced the sale of a 19,319 SF industrial property located at 2200 South Main Street, Blacksburg, VA. MOOG, Inc. was the Seller and long-time occupant of this facility. Poe & Cronk Real Estate Group facilitated MOOG’s purchase of the former Dish Network building in Christiansburg earlier this year to accommodate the company’s growth and expansion needs in the New River Valley. This South Main Street property sold for $1,640,000. The purchaser plans to renovate the building for the new Blacksburg office of Draper Aden Associates.

Jacob Quesinberry facilitated this transaction and represented the Seller.

Poe & Cronk Property Sales & Leasing

Poe & Cronk Announces Sale of Brambleton Country Cookin

ROANOKE, VA – Poe & Cronk Real Estate Group today announced the sale of the former Country Cookin restaurant located at 4325 Brambleton Avenue, Roanoke, VA. This 4,650 SF restaurant building located in Southwest Roanoke County along the Brambleton Avenue …

Poe & Cronk Announces Sale of Former Country Cookin in Lynchburg

LYNCHBURG, VA – Poe & Cronk Real Estate Group today announced the sale of former Country Cookin restaurant located at 20584 Timberlake Road, Lynchburg, VA. The 4,958 SF restaurant building located along this high-traffic retail corridor in Campbell County sold …

Poe & Cronk Announces Sale of Downtown Retail Building

ROANOKE, VA – Poe & Cronk Real Estate Group today announced the sale of the 1-Hour Cleaning Building in the heart of downtown Roanoke. This 6,160 SF building is located at 20 Campbell Avenue, SE, Roanoke, Virginia and was purchased …

POE & CRONK ANNOUNCES Sale & Redevelopment of Former Johnson & Johnson Development

ROANOKE, VA.— Poe & Cronk Real Estate Group announced the sale and redevelopment plans for the former Johnson & Johnson Spectacle Lens Group development on 30+ Acres strategically located adjacent to I-581 and one mile from Roanoke-Blacksburg Regional Airport.…

Poe & Cronk Announces Sale of Pad Site in Blue Hills Village

ROANOKE, VA – Poe & Cronk Real Estate Group today announced the sale of a 1.47 acre pad site located in Blue Hills Village at 3641 Blue Hills Drive, Roanoke, VA. Poe & Cronk Real Estate Group had competing offers …

Poe & Cronk Announces Sale of Downtown Commercial Property

ROANOKE, VA – Poe & Cronk Real Estate Group today announced the sale of 132 Campbell Ave a multi-tenant commercial property located in downtown Roanoke, VA. The property sold for $385,000 to a local investor. Stephen Pendergrass and Bryan Musselwhite, …

Poe & Cronk Announces Sale of AmRhein’s Jewelry and Bridal Property

ROANOKE, VA – Poe & Cronk Real Estate Group today announced the sale of the AmRhein’s retail building located at 2740 Ogden Road, Roanoke, VA. After receiving multiple purchase offers, this 5,400 SF building on 0.65 acres sold for $930,000.…

Poe & Cronk Announces Sale of Former Country Cookin on Melrose Ave

ROANOKE, VA – Poe & Cronk Real Estate Group today announced the sale of former Country Cookin restaurant located at 4521 Melrose Avenue, Roanoke, VA. This 4,281 SF building sold for $399,000.  The purchaser plans to open another restaurant at …

Poe & Cronk Announces Sale of Two Retail Buildings

ROANOKE, VA – Poe & Cronk Real Estate Group today announced the sale of two free standing retail buildings totaling 11,362 square feet. The L.A. Fashions building at 3328 Melrose Avenue NW and the former Vogue Cleaners building located at …

Poe & Cronk Announces Sale of Granby Street Industrial Property

ROANOKE, VA – Poe & Cronk Real Estate Group today announced the sale of a 65,825 SF industrial property located at 1764 Granby Street NE, Roanoke, VA. The property had one tenant in about half the space and was purchased …

Poe & Cronk Announces Sale of Boy Scouts of America Building

ROANOKE, VA – Poe & Cronk Real Estate Group today announced the sale of the Boy Scouts of America building located at 2131 Valley View Boulevard, NW, Roanoke, VA. This 11,185 SF building sold for $1,200,000. Matt Huff, CCIM and …

Poe & Cronk Announces Sale of Peters Creek Road Office Building

ROANOKE, VA – Poe & Cronk Real Estate Group today announced the sale of an office building located at 5250 Peters Creek Road, Roanoke, VA. This 3,152 SF building was formerly used as a computer service company and sold for …

Poe & Cronk Announces Sale of Multi-Family Property Grandin Road

ROANOKE, VA – Poe & Cronk Real Estate Group today announced the sale of a 26-unit multi-family property located at 1820 & 1830 Grandin Road (The Grandin Villas)  in Roanoke, Virginia.  The property is located in the Grandin Village Community …

POE & CRONK RELEASES 34th ANNUAL OFFICE MARKET SURVEY

ROANOKE, VA. (February 22nd 2021)— Poe & Cronk Real Estate Group today released the results of its 34th Annual Office Market Survey, reporting an encouraging increase in the overall Roanoke Valley office market occupancy rate during 2020.  …

Poe & Cronk Announces Sale of Retail Site in Lynchburg

LYNCHBURG, VA – Poe & Cronk Real Estate Group today announced the sale of a high traffic retail site on Timberlake Road across from Brookville High School. The 2-acre parcel located at 20061 Timberlake Road at the traffic light corner …

POE & CRONK ANNOUNCES SALE 19+ ACRES and 102,000 SF HIGH-TECH INDUSTRIAL BUILDING

CHRISTIANSBURG, VA.— Poe & Cronk Real Estate Group announced the sale of the former Dish Network call center in Christiansburg, Virginia. The sale consisted of a 101,500 SF industrial facility located on 19+ acres in Falling Branch Corporate Park …

Poe & Cronk Announces Sale of Fully Leased Multi-Tenant Flex Industrial Property

ROANOKE, VA – Poe & Cronk Real Estate Group today announced the sale of a 30,000 SF multi-tenant flex industrial property located at 1715 Granby Street NE, Roanoke, VA. The property sold for $1,350,000 or $45 per square foot. The …

Poe & Cronk Brokers $1.1 Million sale of Multi-Family Complex in Bedford

BEDFORD, VA – Poe & Cronk Real Estate Group announced today that they have successfully negotiated the sale of a 24-unit Multi-Family complex located at 889 Short Street in Bedford, VA. The Buyer, Lobo Investment Group based out of Los …

POE & CRONK NAMES NEW REAL ESTATE AGENT

ROANOKE, VA – Carmen Elliott has joined Poe & Cronk Real Estate Group where she will specialize in the sale and leasing of commercial and industrial real estate.  Carmen is a native of Western Virginia and an MBA graduate of …

Poe & Cronk Announces Sale of Industrial Building

ROANOKE, VA – Poe & Cronk Real Estate Group today announced the sale of a 4,800 SF Flex Warehouse Building located at 1636 9th Street, Roanoke, VA. The property sold for $327,000. Thom Hubard, CCIM represented the Seller in …

Poe & Cronk Announces Sale of Former Ragazzi’s Restaurant on Electric Road

ROANOKE, VA – Poe & Cronk Real Estate Group today announced the sale of the former Ragazzi’s Restaurant located at 3843 Electric Road, Roanoke, VA. The 0.92 acre property sold for $1,163,750 to a developer who will redevelop the site …

Poe & Cronk Announces Sale of Office/Warehouse Facility

ROANOKE, VA – Poe & Cronk Real Estate Group today announced the sale of a 78,664 SF Industrial Building located at 3304 Aerial Way Drive, Roanoke, VA. The property was vacant and sold to an investor for $1,225,000. Adam Hardy, …

Poe & Cronk Announces Sale of Multi-Family Property in Lynchburg

LYNCHBURG, VA – Poe & Cronk Real Estate Group today announced the sale of a 24-unit multi-family property located at 302 Capstone Drive in Lynchburg, Virginia.  The property is located in the vibrant Cornerstone Mixed-Use Community which includes apartments, townhouses, …

Poe & Cronk Announces Sale of Former El Rodeo

SALEM, VA – Poe & Cronk Real Estate Group today announced the sale of El Rodeo Mexican Restaurant. This 4,600 SF Retail Building is located at 260 Wildwood Road, Salem, Virginia. The property sold for $580,000. Thom Hubard, CCIM represented …

Poe & Cronk Announces Sale of Former Yellow Cab Facility

ROANOKE, VA – Poe & Cronk Real Estate Group today announced the sale of the property formerly known as Yellow Cab which includes 4,200 sf of office and 2,400 sf of high ceiling shop area. The ±1.69 acre parcel located …

POE & CRONK ANNOUNCES SALE OF 17 ACRES IN AIRPORT DISTRICT

ROANOKE, VA — Poe & Cronk Real Estate Group today announced the sale of 17 Acres of undeveloped commercial land to the Roanoke Regional Airport Commission. The total Purchase Price was $2,255,000. The sale comprised of three individual parcels; 3.7 …

Poe & Cronk Announces Lease for Rockbridge County DMV

LEXINGTON, VA – Poe & Cronk Real Estate Group today announced they have successfully negotiated a long-term lease with the Department of Motor Vehicles (DMV) at Stonewall Square Shopping Center in Lexington, VA. The lease for the DMV’s new Rockbridge …

Poe & Cronk Announces New Long Term Lease with Largest Healthcare Company in the World

ROANOKE, VA (March 2020) – Poe & Cronk Real Estate Group today announced they have successfully negotiated and signed a long-term lease with UnitedHealth Group (NYSE: UNH) at Valley Court Business Center on Thirlane Road in Roanoke.  UnitedHealth Group is …

Poe & Cronk Announces Sale of Long-Term Net Lease Goodwill Retail Store

ROANOKE, VA – Poe & Cronk Real Estate Group today announced the sale of 3206 Electric Road. Roanoke, VA. This 11,060 SF retail building is located on the busy corner of Electric Rd and Brambleton Avenue and is the home …

Poe & Cronk Announces Sale of 15-Unit Condominium Multi-Family Complex in Christiansburg

ROANOKE, VA – Poe & Cronk Real Estate Group today announced the sale of a 15 – unit condominium complex located on Haymaker Street in Christiansburg, VA. The Buyer purchased the property for $1,600,000 as part of a 1031 Tax …

POE & CRONK RELEASES 33rd ANNUAL OFFICE MARKET SURVEY

CLICK HERE TO DOWNLOAD ROANOKE, VA. (March 4th 2020)— Poe & Cronk Real Estate Group today released the results of its 33rd Annual Office Market Survey, reporting a stable overall office market with the Roanoke Valley office …

Matthew Huff Named President of Poe & Cronk Real Estate Group, Inc.

Roanoke, VA – January 22, 2020 – Poe & Cronk Real Estate Group is pleased to announce the promotion of Matt Huff, CCIM as the company’s new President. Mr. Huff previously served as the Executive Vice President/COO of Poe & …

Poe & Cronk Announces Sale of Springwood Park Retail Center

ROANOKE, VA – Poe & Cronk Real Estate Group today announced the sale of Springwood Park Retail Center located at 3214 Electric Rd Roanoke, VA. Springwood Park is a 19,200SF mixed use – retail/office building located on the busy corner …