Sign In
Free Newsletter
Roanoke construction company promotes senior VP
Roanoke-based construction company Branch Builds announced Tuesday it has promoted Cathy Underwood to senior vice president and regional business unit leader. Underwood was most recently vice president at the company, and in her new role she will pursue new business opportunities and manage the Roanoke and Charlotte, North Carolina, business operations. She will also head […]
Daleville shopping center sells for $8M
Botetourt County shopping center Orchard Marketplace has sold for $8 million, Cushman & Wakefield | Thalhimer’s Capital Markets Group announced Tuesday. Club Forest Guardian LLC purchased the 46,552-square-foot property from Orchard Anchor LLC and New Orchard Marketplace LLC on March 10. The property was 100% leased at the time of the sale to Food Lion […]
Coronavirus spreads to Southwest Virginia
A Botetourt County woman in her 80s who is in serious condition at Carilion Roanoke Memorial Hospital is the first confirmed case of COVID-19 in Southwest Virginia, Carilion Clinic and Botetourt County officials confirmed Thursday. The woman was admitted to the hospital on March 16, exhibiting COVID-19 symptoms, according to Dr. Paul Skolnik, Carilion’s chair […]
ROA passenger traffic up 7.1% from last year
The Roanoke-Blacksburg Regional Airport’s (ROA) January grew 7.1% on a year-over-year basis, with 53,016 passengers flying in January 2020, the airport announced Friday. ROA has sustained passenger growth since September 2016. In January 2019 to January 2020 there were 3,552 more passengers — 114 more passengers per day. “Passenger demand is a critical factor when […]
Norfolk Southern moving Roanoke distribution center, locomotive shop to Pennsylvania
Norfolk-based Norfolk Southern Corp. (NS) is moving its Roanoke distribution center and locomotive shop operations to Pennsylvania, the company announced Tuesday, affecting a total of 104 employees in the Roanoke Valley area. The Fortune 500 rail transportation company will move those jobs and its associated work to Altoona, Pennsylvania, with 19 clerical positions eliminated. Roanoke’s [&he[...]
Carilion Clinic generated more than $3.2B in 2018, study shows
Roanoke-based Carilion Clinic generated more than $3.2 billion in economic impact and approximately 24,000 jobs in Virginia in 2018, according to a Carilion-commissioned study released Wednesday from the University of Virginia’s Weldon Cooper Center for Public Service’s Center for Economic and Policy Studies. Using data from Oct. 1, 2017, through Sept. 30, 2018, the economic [&hellip[...]
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 […]
