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News & Announcements

Recent Sold/Leased Announcements

Please join Poe & Cronk in congratulating Thom Hubard for 25 Years of commercial real estate excellence as a CCIM Member!

Poe & Cronk: Inside CRE Newsletter May 2022

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Poe & Cronk Announces Wells Fargo Tower Energy Star Certification for 2022

Poe & Cronk is pleased to announce SW Virginia’s tallest building – The Wells Fargo Tower – has earned the ENERGY STAR certification for 2022.

Poe & Cronk is proud to serve as the exclusive property management and leasing firm …

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Poe & Cronk Real Estate Group Announces Sale of Former Valley Cadillac

Roanoke, VA – Poe & Cronk Real Estate Group today announced the sale of the former Valley Cadillac dealership on Franklin Road in Roanoke, VA.

After marketing the property for a short period, Poe & Cronk identified a development company …

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POE & CRONK RELEASES 35th ANNUAL OFFICE MARKET SURVEY

ROANOKE, VA. — Poe & Cronk Real Estate Group today released the results of its 35th Annual Office Market Survey.  The report reflects remarkably stable occupancy throughout the Roanoke office market for 2021.

Overall, the Roanoke office market

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Poe & Cronk Announces Sale of Airport Industrial Property

ROANOKE, VA – Poe & Cronk Real Estate Group today announced the sale of a 47,814 SF industrial property located at 1420 Coulter Drive, Roanoke, VA. After renegotiating and extending the current lease, the property was fully occupied with a …

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Poe & Cronk Property Sales & Leasing

Poe & Cronk Announces Lease of Industrial Warehouse in Salem, VA

Salem, VA – Poe & Cronk Real Estate Group today announced the lease of a 13,000 SF industrial warehouse space Salem, VA. The space is located just off of Electric Road with great access to the rest of the Roanoke …

Poe & Cronk Announces Sale of 5-Acre Rocky Mount Industrial Site

Roanoke, VA – Poe & Cronk Real Estate Group today announced the sale of a 5.1-acre industrial site in Rocky Mount, Virginia. The site is located just off of US 220 with 700 feet of frontage along Tripple Creek Road. …

Poe & Cronk Announces Sale of Lily Drive Parcel

Roanoke, VA – Poe & Cronk Real Estate Group announced the sale of a building site on Lilly Drive in Salem, Virginia. The Roanoke County site is .29-acres and is zoned R-1 (Low Density-Residential). Adam Hardy, CCIM CLTD structured and …

Poe & Cronk Announces Sale of 1420 Coulter Dr., Roanoke, VA

Roanoke, VA – Poe & Cronk Real Estate Group announced the sale of 1420 Coulter Dr., Roanoke, VA 1420 Coulter Drive, Roanoke, VA is a 47,814 SF industrial property located adjacent to the Roanoke Regional Airport. After renegotiating and extending …

Poe & Cronk Announces Sale of 2700 Roanoke St. & 35 Hampton BLVD., and 55 Hampton BLVD., Christiansburg, VA.

Christiansburg, VA – Poe & Cronk Real Estate Group announced the sale of 2700 Roanoke St. & 35 Hampton BLVD.,  and 55 Hampton BLVD., Christiansburg, VA. 2700 Roanoke St. & 35 Hampton BLVD., Christiansburg, VA were assembled and sold for …

Poe & Cronk – Announces Sale of Daleville Town Center Out Parcel

Roanoke, VA – Poe & Cronk Real Estate Group announced the sale of a 1.26 acre out parcel at the Daleville Town Center. Daleville Town Center is a pedestrian-friendly and lifestyle-oriented community located in Botetourt County. The parcel was sold …

Poe & Cronk Announces Lease The Park at Valleypointe Welcomes Archer Western

Roanoke, VA – Poe & Cronk Real Estate Group announced the lease of 8,244 sq ft of office space at 5251 Concourse Dr., Roanoke VA in the Park at Valleypointe. The new tenant, Archer Western, will lead the design and …

Poe & Cronk Announces Sale of 60-200 Birchwood Ln., Cloverdale, VA

Roanoke, VA – Poe & Cronk Real Estate Group announced the sale of 60-200 Birchwood Ln., Cloverdale, VA. 60-200 Birchwood Ln. is a 61 unit multi-family complex. The property sold for $84,750 per unit at $5,100,000. Thom Hubard, CCIM, Senior …

Poe & Cronk Real Estate Group Announces Lease to International Engineering Firm

Roanoke, VA – Poe & Cronk Real Estate Group today announces the leasing of office space to engineering firm Mincon Inc. Mincon, an international engineering firm with regional headquarters in Roanoke, VA, signed a 4,300 SF office lease at 109 …

Poe & Cronk Announces Sale of Fully Leased Industrial Building

SALEM, VA – Poe & Cronk Real Estate Group today announced the sale of a 33,880 SF office/warehouse industrial property located at 971 Russel Drive, Salem, VA.  The property was 100% leased to a long-term tenant and sold at a …

Poe & Cronk Announces Sale of Former BB&T Building

ROANOKE, VA – Poe & Cronk Real Estate Group announced the sale of 1620 Hershberger Road, Roanoke, VA. The building was owned and previously occupied by BB&T Bank. The property was successfully marketed for a brief period and sold for …

Poe & Cronk Announces Sale of Retail Investment Property

SALEM, VA – Poe & Cronk Real Estate Group today announced the sale of a retail investment property located at 124 W. Main Street and 16 Chestnut Street in Salem, VA. This property features two buildings on a 0.90-acre site. …

Poe & Cronk Announces Sale of Retail Property at Valley View Mall

ROANOKE, VA – Poe & Cronk Real Estate Group today announced the sale of 4922 Valley View Boulevard, Roanoke, VA. This 2,912 SF building sold for $979,344 ($336psf). The property will continue being utilized as a professional medical facility. This …

Poe & Cronk Announces Sale of Multi-Tenant Building Downtown Roanoke

ROANOKE, VA – Poe & Cronk Real Estate Group today announced the sale of another unique Multi-Tenant Building in Downtown Roanoke. Located at 133 Salem Avenue in Roanoke, VA this 8,675 SF building is going to be home to a …

Poe & Cronk Announces Sale of Former Bank Building in Charlottesville, VA

Poe & Cronk Real Estate Group today announced the sale of 402 Park Street, Charlottesville, VA. This property is a former Suntrust Bank branch and is located a block from the Downtown Charlottesville Mall. The new owner will occupy the …

Poe & Cronk Announces Sale of Former Meridium Office Building in Downtown

ROANOKE, VA – Today Poe & Cronk Real Estate Group announced the sale of 207 Bullitt Ave SE in Downtown Roanoke.  The property, which was formerly known as the Meridium Building, was purchased by Freedom First Credit Union and will …

Poe & Cronk Announces Sale of Brown Edwards Building

ROANOKE, VA – Poe & Cronk Real Estate Group, Inc. is pleased to announce the sale of the Brown Edwards building at 319 McClanahan Ave. in Roanoke, VA. The property sold for $2,275,000. The property was purchased by ETS Recruit …

Poe & Cronk Announces Sale of Industrial Investment Property

SALEM, VA – Poe & Cronk Real Estate Group today announced the sale of an industrial investment property located at 1993 Salem Industrial Drive in Salem, VA. This property features two buildings on a 2-acre site with a combined square …

Poe & Cronk Announces Sale-Leaseback of Branch Group Headquarters Office

ROANOKE, VA – Today Poe & Cronk Real Estate Group announced the sale of 442 Rutherford Avenue which serves as the office headquarters facility for Roanoke’s Branch Group. The property was purchased by an investor in a sale-leaseback transaction that …

Poe & Cronk Announces Sale of Former Country Cookin Corporate Office

ROANOKE, VA – Poe & Cronk Real Estate Group today announced the sale of the former Country Cookin corporate office located at 4335 Brambleton Avenue, Roanoke, VA. This 3,100+ SF building featured 1,900 SF of offices with an additional 1,200 …

Poe & Cronk Announces Sale of Former Country Cookin of Lexington

Poe & Cronk Real Estate Group today announced the sale of the former Country Cookin restaurant located at 54 Comfort Way, Lexington, VA. This 5,335 SF restaurant building on 1.27 acres, located at Exit 55 on Interstate 64, sold for …

Poe & Cronk Announces Fully Leased Industrial Building

SALEM, VA – Poe & Cronk Real Estate Group today announced a 30,000 SF Warehouse lease located at 1117 Interval Drive in Salem, Virginia. QualiChem, Inc., leased the building with plans to make it a distribution center for their Salem …

Poe & Cronk Announces Sale of Multifamily Property in Shawsville, VA

SHAWSVILLE, VA – Poe & Cronk Real Estate Group today announced the sale of a 14-unit multi-family property located at 290-292 Alleghany Spring Road in Shawsville, Virginia.  This investment property featuring 10 Apartments and 4 Townhomes sold for $1,050,000 at …

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 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 & …

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 …