Waldvogel Commercial Properties Brokers Sale of Roanoke City Shopping Center

Creekside CenterWaldvogel Commercial Properties has brokered the sale of Creekside Center, a 16,800-square-foot retail shopping strip, located at the corner of Peters Creek Road and Shenandoah Avenue in Roanoke City. Michael M. Waldvogel, CCIM, SIOR and Krista Vannoy, CCIM were the selling agents.

The shopping center was built in 2005. It sold for $905,000.

“This is a vibrant shopping center at the intersection of two well-traveled corridors,” said Waldvogel. He noted that space is available.

Waldvogel Commercial Properties Brokers Sale of Commonwealth Drive Building

Waldvogel Commercial Properties has brokered the sale of a 6,094-square- foot office/warehouse building located in the Commonwealth Industrial Park in Southwest Roanoke County. The building, 6550 Commonwealth Drive, sold for $460,000. Atlantic Construction Inc. purchased it from JJJ Partnership. Michael M. Waldvogel, CCIM, SIOR and Krista Vannoy, CCIM were the listing agents.

Friendship Retirement Community Project Gets State Nod

The proposed Friendship Retirement Community nursing home in Southwest Roanoke County has received final approval from state health regulators. Waldvogel Commercial Properties represents Friendship in the purchase of the 10-acre parcel on Starkey Road.

In a written decision, Virginia Health Commissioner Cynthia Romero determined there is a public need for a 120-bed nursing home on Starkey Road. Friendship plans to move 120 beds from its 373-bed facility on Hershberger Road to the new location, placing residents closer to their homes and families in Southwest Roanoke County while allowing more room for those who remain at the existing home.

The Roanoke County Board of Supervisors already has approved a rezoning and special use permit. Construction is expected to be completed by March 2015.

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Waldvogel Commercial Properties Assists R&K Solutions in its Move to a New Location

Waldvogel Commercial Properties assisted R&K Solutions, a property management software firm, in its move to a new corporate headquarters. R&K Solutions, which has about 70 employees, is completing renovations to its new Frontage Road home. Waldvogel Commercial Properties provides leasing and property management for the Frontage Road property and represented the owner, Delta Dental of Virginia, in this transaction.

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Waldvogel Commercial Properties Brokers ABS Technology Architects’ Move to 109 Norfolk Avenue

Waldvogel Commercial Properties has brokered ABS Technology Architects’ lease of approximately 4,392 square feet at 109 Norfolk Avenue in downtown Roanoke. The space includes the second floor and patio area. The move was a short one: ABS formerly was located at 119 Norfolk Avenue. Jason Fountain, CCIM co-brokered the transaction.

The 109 Norfolk Avenue building previously served as the corporate offices for HSMM before its merger with AECOM. “ABS swapped the raw, warehouse, open-air type space of Warehouse Row for the more executive look and feel of 109 Norfolk Ave.,” said Fountain.

“This is an example of the variety of office space available in downtown Roanoke, space which allows companies to grow and change as their needs change,” said Michael Waldvogel, CCIM, SIOR.” Waldvogel has been involved in development and evolution of downtown Roanoke for more than three decades.