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The Tower, Roanoke, Virginia

Timberbrook Properties Purchases Properties in City

Poe & Cronk Real Estate Group Represented the Purchaser

Timberbrook Properties, Roanoke, VA ROANOKE, VA - August 4, 2008 - Poe & Cronk Real Estate Group announces the sale of two properties in SW Roanoke’s Historic District from the architectural and engineering firm Hayes, Seay, Mattern & Mattern. Inc., "HSMM". The purchase price was $1,125,000.

The sale consisted of the 12,500-square-foot single story office building at 1202 Franklin Road, S.W. and the 0.28-acre lot across the street used for satellite parking. Timberbrook Properties, XI LLC, a local investment firm will operate the property as the Landlord under a lease with HSMM.

Dennis Cronk of Poe & Cronk Real Estate represented the purchaser.

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.