McKnight Garner and Scott Campbell join Waldvogel Commercial Properties

McKnight “Mac” U. Garner has joined Waldvogel Commercial Properties, Inc. as a commercial and investment sales agent, and Scott Campbell is the new assistant property manager.

Garner, a Galax, VA native, brings a rich and varied background to his new commercial real estate role. A 2003 graduate of Hampden-Sydney College, he has worked as a high school teacher, in health sciences at Wake Forest University and as a chemist at Dominion Resources’ North Anna and Surry Power Stations.

He and his wife moved to the Roanoke area from Seattle. They have a 19-month-old daughter and are expecting another girl later this fall. They are fitness enthusiasts who enjoy running. They also like to cheer on the Seattle Seahawks.

Scott Campbell is a native of Salem, VA. He graduated from Virginia Tech in May 2014 with a degree in residential property management and a minor in real estate.

He was a track and field athlete at Virginia Tech, where he did the decathlon and was a member of the three-time Atlantic Coast Conference championship team. He enjoys spending time outdoors, hunting and hiking. He also likes cheering on Virginia Tech, the Washington Nationals and the Washington Redskins.

Roanoke Times Coverage of the YWCA Building Sale

From The Roanoke Times: “The former YWCA building at 605 First St. in downtown Roanoke has new owners.

A developer, under the company name of First and Franklin LLC, has purchased the property for $615,000. Michael Waldvogel of Waldvogel Commercial Properties, who brokered the sale, said the new buyers are still evaluating the building in order to determine specifically what it will be used for. But part of it will likely be turned into a residential project.”

Read the rest of the article here.

Waldvogel Commercial Properties Brokers Sale of YWCA Building in Roanoke

YWCA BuildingWaldvogel Commercial Properties has brokered the sale of former YWCA Building at 605 1st Street in downtown Roanoke. The firm was the listing and selling company. Michael M. Waldvogel, CCIM, SIOR and Krista Vannoy, CCIM represented DePaul Community Resources in the transaction.

The 28,167 square-foot building was built in 1930 and served as the home of the YWCA of Roanoke Valley. It sold for $615,000. The buyer is First and Franklin, LLC.

“We’re proud to be part of the future of this iconic Roanoke building,” said Waldvogel.

Waldvogel Commercial Properties has brokered numerous sales and lease transactions in Roanoke’s Central Business District and is highly skilled in the intricacies of historic redevelopment properties. The firm also specializes in representing non-profit and community service organizations.

Ponce de Leon Pre-leasing Begins

Pre-leasing has begun for the 90 residential units at the Ponce de Leon in downtown Roanoke. The iconic building at the corner of Campbell Avenue and Second Street has been undergoing a transformation from its former life as the Crystal Tower office building. Move-in is scheduled for early August. More than 25 percent of the units have been reserved as of mid-May.

The renovated building features eight floors of apartments, 74 of which are one-bedroom. There also are eight studio apartments and eight two-bedroom units. Lease rates for most units will average between $700 and $820. Apartments feature stainless steel appliances, washers and dryers, granite countertops and hardwood floors. Tenant amenities include a fitness center, a roof deck and a water garden that makes use of the spring the runs beneath the building.

The leasing office is open Monday, Tuesday, Wednesday and Friday from 11 am to 1 pm and 4 pm to
6 pm; Thursday from 11 am to 1 pm and 4 pm to 7 pm, and Saturday from 10 am to 3 pm.

The building has a history almost as old as Roanoke’s. After a fire destroyed the original 1890s structure, the Ponce de Leon Hotel was erected on the corner of Campbell Avenue and Second Street in 1931. The hotel operated for decades as a prime example of art deco architecture and lavish interior design. In the 1970s, the entire building was converted to office space, and the grandeur of its interior was lost for 40 years. Developer Faisal Khan purchased the building from Total Action For Progress (TAP) in 2012. Waldvogel Commercial Properties is the leasing and management agent.

Commercial and restaurant spaces also are available. The restaurant space located in the former lobby and features high ceilings, beautiful columns and restored terrazzo floors. Other commercial spaces are available on both Campbell Avenue and 2nd Street.

Neal Elliott Joins Waldvogel Commercial Properties

Neal Elliott has joined Waldvogel Commercial Properties, Inc. as a commercial sales and leasing agent.

He brings to his new position a background in hospitality management, a degree in psychology from Hampden-Sydney College and a commitment to customer service. A native of Roanoke, Elliott enjoys golf and running with his dog.