Member One Federal Credit Union Announces New Branch Location

ROANOKE, VA. Waldvogel Commercial Properties, Inc is pleased to announce the sale of 2926 Franklin Road, SW Roanoke, VA. Formerly Stephen’s Restaurant, the 7,400+ square foot structure on 0.87 acres sold for $925,000, the equivalent of $1,063,200 per acre. The building will be demolished and Member One Federal Credit Union has announced a new branch for the location.

Michael M. Waldvogel, CCIM, SIOR and Krista H. Vannoy, CCIM represented the sellers, Stephen and Linda Foster in the transaction.

American Family RV Expanding to Roanoke Market

ROANOKE, VA – Waldvogel Commercial Properties, Inc. is pleased to announce the lease of 1259 E. Main Street in Salem, VA to American Family RV. Headquartered in Chesapeake, VA, American Family RV opened their doors in 2012. Salem, their second location, with over 21,000 square feet of showroom, office and service area on 8 acres will provide room for over 200 RVs. Product lines like Grand Design, Nexus, Gulfstream, Fleetwood, Livin’ Lite and Coachman will be offered.

The property was previously the site of Dominion Dodge.

Michael M. Waldvogel, CCIM, SIOR and Krista H. Vannoy, CCIM represented the Landlord, EEMA Leasing Company, LLC in the transaction.

Krista Vannoy Named VP and Chief Operating Officer at Waldvogel Commercial Properties

Krista H. Vannoy, CCIM, has been promoted to Vice President and Chief Operating Officer at Waldvogel Commercial Properties. She has been a commercial real estate practitioner since 2001 and has been with the firm since its founding.

In her new post, Vannoy will focus on developing growth strategies and new lines of business, as well as building on the company’s platform of high quality client services, said Michael Waldvogel, President and Chief Executive Officer, adding that one of her strengths is “coaching and mentoring new staff and associates.” She will continue in her role of sales and leasing broker where she has displayed her ability to work through complex commercial and industrial transactions, he said.

Prior to her career in real estate, she worked in downtown economic development, including serving as Executive Director for both the Martinsville Uptown Revitalization Association and Lexington Downtown Development Association. She has a Bachelor of Arts Degree from Meredith College and holds the CCIM designation.

She is a 2006 graduate of Leadership Roanoke Valley and has been active in the Roanoke Valley Preservation Foundation and the International Council of Shopping Centers. She volunteers as a puppy handler for Saint Francis Service Dogs; as a coach for the No Boundaries Beginner Running Program, and served as race director for Four On The 4th, a charity four-mile foot race.

D. Scott Miller Joins Waldvogel Commercial Properties

D. Scott Miller has joined Waldvogel Commercial Properties, Inc. as a sales and leasing agent.

Miller brings 25 years of commercial real estate experience to his new position. He has owned his own real estate development company for more than 5 years and has experience with investment and senior living properties. Previously he was Senior Vice President of Real Estate, Construction and Facilities Management at Advance Auto.

He will primarily focus his efforts on helping national and local retailers and landlords meet their respective goals. He has been a member of the International Council of Shopping Centers (ICSC) for more than 20 years.

An “Air Force brat,” he is a graduate of New Mexico State University with a bachelor’s degree in marketing management. He moved to the Roanoke Valley from Chicago 16 years ago to work for Advance. He enjoys bicycling and golf. Miller has a daughter in law school and a son who has just joined the U.S. Marines.

Waldvogel Commercial Properties Brokers Lease for AppTech Solutions’ Expansion

Daugherty RoadWaldvogel Commercial Properties has brokered the lease of 3993 Daugherty Road in western Roanoke County to AppTech Solutions. The 27,000-square-foot building sits on five acres west of Salem. Michael Waldvogel, CCIM, SIOR, Krista Vannoy, CCIM, and Celie Holmes represented AppTech in the transaction.

AppTech Solutions is a manufacturer and engineering service provider of Structurally Reinforced Thermoplastic (SRTP)-based water and wastewater systems. Their innovations leverage the best available technologies and materials to offer new solutions to old challenges. The company is expanding while consolidating its two current Roanoke facilities into one building. The office currently is on Peters Creek Road, while the manufacturing operation is located on Melrose Avenue.

“We’re honored to have helped AppTech find a new facility from which they will grow and expand,” said Waldvogel. “It is gratifying to see manufacturing firms stay in the Roanoke Valley.”