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Home News Regions CRE_other_regions Retail revamp draws new tenants.

Retail revamp draws new tenants.

Published December 12, 2013 by Paula C. Squires


The renovation of a longstanding retail center in Roanoke has drawn two new tenants.  Pizza Hut and Water by Design, a hot tub company, have moved into the 42,000-square-foot Promenade Park at 419 Electric Rd. in Roanoke County.

The center is now about 97 percent occupied, said Matt Huff, an associate broker with the Roanoke-based Poe & Cronk commercial real estate firm.

Promenade Park was built in the mid 1980s and remained unchanged until the recent renovation, Huff said. According to him, the center has prevalied as a strong retail property due to its “great location, strong traffic count and good visibility from the road. “

The renovation included a new façade, new signage, and improvements to the roof, sidewalks and landscaping.  Poe & Cronk managed the renovation’s construction.

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