Roanoke apartment complex sells for $1.1M
The Eastgate Apartments in Roanoke have been sold for $1.1 million, Cushman & Wakefield | Thalhimer announced Monday. Restoration Turnkey Investments LLC acquired the community on March 28 from Rafan LLC. The buyer is planning extensive interior and exterior renovations. The complex, built in 1977, has 14 townhouse-style apartments and is three miles from downtown […]
Carilion announces chair for new neurosurgery department
Dr. John A. Jane Jr. will be the first chair of Carilion Clinic’s newly formed neurosurgery department beginning June 19, the Roanoke-based health system announced Tuesday. “Dr. Jane will join a strong neurosurgical team at Carilion,” Dr. Daniel Harrington, Carilion’s interim chief medical officer, said in a statement. “We’re excited to continue expanding our progra[...]
Innovation, capital key to rural growth, Barkin and Warner say
There’s hope for economic growth in rural areas despite their challenges, Federal Reserve Bank of Richmond President and CEO Tom Barkin and U.S. Sen. Mark Warner said Wednesday during the Fed’s 2023 Investing in Rural America conference in Roanoke. Rural areas could overcome economic development challenges, particularly housing shortages and lack of broadband access, with innovation, [...]
Goodwill of the Valleys names philanthropy exec
Donna Stucker is the new chief philanthropy officer for Goodwill Industries of the Valleys. Stucker assumed her role April 3, according to a news release. She will lead a new capital campaign and associated donor development and will plan and manage an effort to grow donations for the Roanoke-based Goodwill chapter, which serves 35 counties […]
Branch Group promotes SVP to chief HR officer
Roanoke-based construction firm The Branch Group Inc. has promoted Tina Pfalzgraf to chief human resources officer, the company announced Wednesday. Pflazgraf previously served as senior vice president of human resources. Her department established corporate initiatives in employee development, retention, benefits and recruitment that resulted in record employee retention rates and record employee[...]
Two Roanoke apartment properties sell for $3.35M
A 26-unit multifamily community and a 16-unit apartment complex in Roanoke sold together for $3.35 million on Feb. 10. Located at 2002 Langdon Road SW, the 26-unit community, Langdon Square at Raleigh Court, has 22 garden-style apartments built in 1985 and four townhomes built in 1990. The structure is 59,407 square feet total, according to […]
Goodwill Industries of the Valleys names chief people officer
Roanoke-based Goodwill Industries of the Valleys has named Rachel Putman as its chief people officer. In her new role, which was effective Feb. 20, Putman will lead mission services and organizational development, which includes human resources, employee engagement and learning and development. Putman comes to Roanoke from Goodwill Industries of Upstate/Midlands South Carolina, where she […[...]
Familiar territory
When it came time to select a new home for its corporate headquarters and distribution center, Würth Revcar Fasteners Inc., a company with Star City roots dating back to 1969, stuck with the Roanoke Valley. Owned by the Würth Group, an industrial distributor headquartered in Germany, and consisting of more than 400 companies across more […]
Resetting the bar
Two venerable Virginia law firms — Roanoke’s Woods Rogers PLC and Norfolk’s Vandeventer Black LLP — combined forces in July 2022, creating the state’s fifth largest firm, Woods Rogers Vandeventer Black PLC, based in Roanoke. It’s a true statewide firm, with branch offices in Norfolk, Richmond, Lynchburg and Charlottesville, in addition to locations in Kitty […]
Sweet valley high
For Paul Mahoney, chair of the Roanoke County Board of Supervisors, the past year has stood out for bringing an “explosion of development” to the county. Home improvement retailer Lowe’s Cos. Inc. opened a new distribution center. North American Specialty Laminations LLC established a mid-Atlantic production facility. And Würth Revcar Fasteners Inc. began work on […]
Roanoke shopping center sells for $4.8M
A shopping center in Roanoke has changed hands. Salem-based Omma Management LLC purchased the 49,881-square-foot Oak Grove Plaza in Roanoke for $4.8 million, Cushman & Wakefield | Thalhimer announced. Built in 1964, Oak Grove Plaza is located at 2061 Electric Road. CXL Inc. sold the property, which is on about four acres. Cushman & Wakefield […]
VICTOR CARDWELL
Hall of Fame member A former University of Virginia defensive back and high school athlete from Lynchburg, Cardwell has built a career in labor law. After graduating from Washington & Lee University School of Law, he worked at the Department of Labor’s Benefits Review Board before joining Woods Rogers, the Roanoke-based law firm (now Woods […]