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Roanoke, Virginia 24011
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The Wachovia Tower, Roanoke, Virginia

Poe & Cronk Announces Sale of Billy's Ritz Building in Historic Downtown Roanoke

Cindy Fendley, CCIM and Barry Ward were responsible for bringing about the sale.

Billy's Ritz Building, Historic Downtown Roanoke, VA ROANOKE, VA - February 20, 2008 - Poe & Cronk Real Estate Group today announced the sale of the former Billy's Ritz Building in Historic Downtown Roanoke. Originally constructed as a hotel in 1912 and operated as a restaurant for the past 27 years until its closing on December 31, 2007.

The property includes a total of 21,700 SF in two multi-story structures. The sales price was $1,700,000.

Cindy Fendley represented the owners and Barry Ward represented the purchasers who will be redeveloping the property.

About Poe & Cronk

Poe & Cronk (www.poecronk.com) is locally owned and internationally recognized as a leading full-service commercial real estate company. A team of real estate professionals with more than 200 combined years of experience offers expertise in marketing and managing commercial, industrial and investment properties. Organized in 1987, Poe & Cronk provides comprehensive commercial, industrial and investment real estate services throughout Western Virginia.