Unique adaptive reuse opportunity within the core of Roanoke’s Downtown District
Cushman & Wakefield | Thalhimer has been selected as the exclusive sale representative for the Heironimus building located at 401 S. Jefferson Street in Roanoke, Virginia. John K. Nielsen, exclusive representative comments, “We are extremely excited to take this unique opportunity to the market and believe that it will be very attractive to both the local and statewide adaptive reuse and tax credit development community.The building is located in the heart of downtown Roanoke along the city’s innovation corridor and is positioned for the next wave of mixed use development.”
The Heironimus building is one of the last and largest remaining significant redevelopment opportunities in Roanoke’s Downtown Historic District. This 5-story, brick, steel and concrete building was originally constructed in 1915. The building represents approximately 80,000 square feet of potential redevelopment with additional below grade square footage in the basement.
The property sits on the southwest corner of Church and Jefferson and within walking distance of the area’s main core of office space, restaurants and boutique retail establishments. The property is located within close proximity to major economic drivers including several of the area’s major employers as well as the Virginia Tech | Carilion school of medicine and Research Institute, the Jefferson College of Health Sciences and Radford University graduate programs. The building is also within walking distance to the Poff Federal Building and the various City of Roanoke municipal buildings.
About Cushman & Wakefield | Thalhimer
Thalhimer was founded in 1913 and currently has offices in Richmond, Newport News, Virginia Beach, Fredericksburg, Roanoke, Charlottesville, and Lynchburg, VA; and Charleston, Greenville, SC. The company has over 100 broker professionals and employs over 400 associates. Thalhimer represents, on behalf of its clients, a property portfolio of over 53 million leasable square feet, and management of nearly 25 million square feet of commercial property, and over 7,250 multifamily units. In 2017 Thalhimer completed over 2,000 transactions with a transactional volume over $1.3 billion. Thalhimer is the region’s leading provider of comprehensive commercial real estate services. The firm offers comprehensive commercial real estate services including corporate services, investment sales, tenant representation, project management, asset management, and the sale and leasing of office, industrial and retail properties.
To learn more, visit www.thalhimer.com or follow @Thalhimer on Twitter.
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About Cushman & Wakefield
Cushman & Wakefield is a leading global real estate services firm that helps clients transform the way people work, shop, and live. Our 45,000 employees in more than 70 countries help occupiers and investors optimize the value of their real estate by combining our global perspective and deep local knowledge with an impressive platform of real estate solutions. Cushman & Wakefield is among the largest commercial real estate services firms with revenue of $6 billion across core services of agency leasing, asset services, capital markets, facility services (C&W Services), global occupier services, investment & asset management (DTZ Investors), project & development services, tenant representation, and valuation & advisory. 2017 marks the 100-year anniversary of the Cushman & Wakefield brand. 100 years of taking our clients’ ideas and putting them into action. To learn more, visit www.cushwakecentennial.com, www.cushmanwakefield.com or follow @CushWake on Twitter.
