Roanoke-Blacksburg Regional Airport saw 17.7% increase in December
The Roanoke-Blacksburg Regional Airport (ROA) saw a traffic increase of 17.7% increase from December 2018 to December 2019, the airport announced Tuesday. For the year, ROA saw an 8.9% overall increase in passenger traffic — more than 719,000 passengers flew in 2019, compared to 660,000 in 2018. In December 2019, 61,827 passengers flew via ROA, […]
Gentry Locke announces 2020 management committee
Roanoke-based law firm Gentry Locke appointed one managing partner and five partners from its Roanoke and Richmond offices to its 2020 management committee, Gentry Locke announced Tuesday. Managing Partner Monica T. Monday will lead the management committee. Monday has been the firm’s managing partner since 2013 and in her new role will oversee firm operations […]
Roanoke’s Poe & Cronk Real Estate Group names new president
Roanoke-based commercial real estate agency Poe & Cronk Real Estate Group has promoted Matt Huff as its new president, Poe & Cronk announced Tuesday. Huff joined Poe & Cronk in 2008 and in 2015 became the firm’s first executive vice president and chief operating officer. He succeeds Dennis Cronk, who will serve as the company’s […]
Roanoke shopping center sells for $2.8M
Roanoke’s Springwood Park Retail Center has sold for $2.8 million, Roanoke-based Poe & Cronk Real Estate Group announced Friday. The shopping center at 3214 Electric Rd. is a 19,200-square-foot mixed use building used for retail and office space. Springwood Park was 98% leased at the time of the sale and its tenants include Ike’s Kitchen, […]
Retail building sells for $3.45M in Roanoke
A retail building in Roanoke occupied by Ollie’s Bargain Outlet has sold for $3.45 million, Cushman & Wakefield | Thalhimer’s Capital Markets Group announced Tuesday. The building was previously occupied by Toys “R” Us until Ollie’s, a Pennsylvania-based discount retail chain, took over the lease in 2018. The 45,000-square-foot property, located at 4943 Valley View [&hell[...]
Roanoke accounting firm acquires real estate title firm
Roanoke-based accounting firm Brown Edwards acquired Salem-based Covenant Real Estate Services LLC as of Jan. 1, Brown Edwards announced Monday. Financial terms of the deal have not been disclosed. Covenant was founded by Roger Kronau and Jerry Dunnavant, and both will serve in leadership positions under the acquisition. Kronau will continue his work as the […]
Truist names three Virginia regional bank presidents
Truist Financial Corp., the Charlotte, North Carolina-based mega bank created in December following the merger of BB&T and SunTrust, announced Tuesday it has named 24 regional presidents, three of whom will oversee the Virginia market. “Our ability to leverage our unique community model with its decentralized, regional structure combined with deep industry and banking expertise […]