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Poe & Cronk Announces 84,587 SF Lease Expansion and Renewal for UnitedHealthcare

UnitedHealthCare, Roanoke VA ROANOKE, VA - Poe & Cronk Real Estate Group today announced the expansion and renewal of long term lease for UnitedHealthcare at 3601 Thirlane Road in Roanoke, Virginia.

Richard Wellford of Poe & Cronk Real Estate Group, in cooperation with Jones Lang LaSalle, represented the tenant in this long term lease for 84,587 SF.

Governor Bob McDonnell announced that UnitedHealthcare, a UnitedHealth Group (NYSE: UNH) company, is making a multimillion-dollar investment to expand its operations in the City of Roanoke. UnitedHealthcare's expansion is expected to create 125 new jobs over the next two years.

Speaking about today's announcement, Governor McDonnell said, "e;We are pleased UnitedHealthcare is expanding its operations in Roanoke. Adding more than 100 jobs during a tough economic time is excellent news for the City of Roanoke and all Virginians. Healthy collaboration and the strength of our work force in the region has made this expansion possible."

In addition to adding jobs, UnitedHealthcare is expanding and upgrading its leased office space in Roanoke. Improvements, including a complete remodeling of employee work spaces, will begin early this spring and continue into the fall.

UnitedHealthcare's Roanoke employees support the customer care and sales functions of the insurer's Medicare & Retirement business, which serves one-in-five of the nation's Medicare beneficiaries.

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.