Community News | Black Diamond Realty

The Federal Reserve starts cutting interest rates in a big moment for the economy

The Federal Reserve made a big economic move today, cutting interest rates for the first time since 2020. The bank lowered its benchmark interest...

Did you know…Your commercial property may need to be ADA Compliant?

Did you know your commercial property may need to be ADA Compliant? Almost all businesses that serve the public must comply with ADA guidelines for accessibility. This...

Did you know…A higher cap rate can indicate a potentially higher return on investment?

Did you know a higher cap rate can indicate a potentially higher return on investment? In commercial real estate, cap rate, short for capitalization rate, is used...

September Newsletter: New Offerings Just Hit the Market!

View our September Newsletter: New Offerings Just Hit the Market! Click Here!

Did you know…There are three classifications of office buildings?

Did you know…There are three classifications of office buildings? Class A, Class B, and Class C are three classifications of commercial office buildings. The...

Prime 6 to invest $35 million in Upshur County, WV manufacturing facility

Prime 6, a company that manufactures wood-based charcoal alternatives, is making a big investment in West Virginia. The company plans to invest $35 million...

Did you know…Conducting thorough due diligence before investing in commercial real estate can reduce risk

Did you know…Conducting thorough due diligence before deciding to invest in a commercial real estate property can reduce risk and help the investor avoid...

Did you know…Triple Net (NNN) leases can provide steady, hassle-free income for property owners

Did you know Triple Net (NNN) leases can provide steady, hassle-free income for property owners? A triple net lease, or NNN, is a common...

LG Electronics to Construct R&D and Engineering Hub in WV

Earlier this year, West Virginia Governor Jim Justice announced a partnership between the state of WV and LG Electronics to grow business, add jobs...

August Industry Newsletter Retail/Restaurant Offerings

View our August Newsletter Retail/Restaurant Offerings Click Here!

Did you know…The Commercial Real Estate Market has Four Cycles

Did you know understanding market cycles is crucial to commercial real estate? The commercial real estate market cycle has four phases: recovery, expansion, hyper...

Black Diamond Realty Voted Best Commercial Real Estate Agent

We work hard for our clients, and it’s great to be recognized for it! Black Diamond Realty has been voted best Commercial Real Estate...

Did you know…Build-to-Suit is a Type of Commercial Real Estate Lease Agreement

Do you know what a “build-to-suit” opportunity on a commercial real estate property entails? Build-to-suit is a commercial real estate lease agreement in which...

August Newsletter: Opportunity Zones

View our August Newsletter: Opportunity Zones Click Here!

Did you know…Building amenities enhance the appeal of commercial properties

Did you know building amenities like gyms, cafes and communal spaces enhance the appeal of commercial properties, attract high-quality tenants and instill a sense...

Did you know…The industrial sector is in high demand.

Did you know the industrial sector is in high demand. The popularity of ecommerce has driven the demand for warehouses and distribution centers –...

Did you Know…Location is key in CRE

A property in a good location can attract high-quality tenants and lead to high occupancy rates. One factor to be considered, by property owners...

Sen. Capito secures $26M for Morgantown Industrial Park road project; bill heads to full Senate

Improvements may be coming to the Morgantown Industrial Park. The Senate Appropriations Committee has sent forth a bill to the Senate that includes $26...

Q2 Closed Transactions | 16 Closed Transactions

View our July Newsletter: Q2 Closed Transactions | 16 closed transactions with office being the leading sector. Click Here!

July Newsletter: Summer in Full Swing

View our July Newsletter: Summer in Full Swing Click Here!

June Industry Newsletter: Office Offerings

View our June Industry Newsletter: Office Offerings Click Here!

Researchers in Pittsburgh discover large source of lithium in Pennsylvania

Researchers at the University of Pittsburgh have discovered a significant amount of lithium in the wastewater from Marcellus Shale gas wells in Pennsylvania. This...

June Newsletter: Healthcare Expansion and Prime Opportunities

View our June Newsletter: Healthcare Expansion and Prime Opportunities Click Here!

May Industry Newsletter: Land/Development Opportunities

View our May Industry Newsletter: Land/Development Opportunities Click Here!

May Newsletter: Spring Promo / Gala Events / and a New Team Member

View our May Newsletter: Spring Promo / Gala Events / and a New Team Member Click Here!

Gov. Justice, Sen. Capito Celebrate Aurora Flight Sciences Expansion in Bridgeport, West Virginia

Aurora Flight Sciences now has plenty of additional space to spread its wings on the campus of North Central West Virginia Airport. While still...

Q1 Closed Transactions | 24 Closed Transactions

View our April Newsletter: Q1 Closed Transactions | 24 closed transactions with office being the leading sector. Click Here!

WVU Medicine to Relocate and Expand WVU Eye Institute

The WVU Eye Institute, the most comprehensive ophthalmology group in the state, will expand its clinical, educational, and research efforts when it moves into...

April Newsletter: Lending a Help Hand

View our April Newsletter: Lending a Help Hand Click Here!

Hazel Ruby McQuain Charitable Trust makes $50 million gift to build new cancer hospital

The cancer care available to West Virginians took a further, dramatic, and positive turn today (April 2) with a transformational gift of $50 million...

March Industry Newsletter: Unlock Opportunity Industrial Properties

View our March Industry Newsletter: Unlock Opportunity Industrial Properties Click Here!

Eastern Panhandle counties represent the most growth in West Virginia

MARTINSBURG – West Virginia’s Eastern Panhandle gave a strong showing in newly released data from the U.S. Census Bureau, with Berkeley, Jefferson and Morgan...

February Industry Newsletter: Fall in love with the Retail / Restaurant space of your dreams

View our February Industry Newsletter: Fall in love with the Retail / Restaurant space of your dreams Click Here!

February Newsletter: Top 10 Closed Transactions / Reward Trip

View our February Newsletter: Top 10 Closed Transactions / Reward Trip Click Here!

January Industry Newsletter: Now is the time to Invest

View our January Industry Newsletter: Now is the time to Invest Click Here!

January Newsletter: Reflecting and Projecting 2023-2024

View our January Newsletter: Reflecting and Projecting Click Here!

Reflecting and Projecting 2023 – 2024

As humans, it is natural for us to take things for granted. Our children will stay young forever. A business will continue on its...

November Newsletter: New Team Member for Martinsburg

View our November Newsletter: New Team Member for Martinsburg Click Here!

Harmony Grove construction to begin in 2025-’26 fiscal year

MORGANTOWN — Gov. Jim Justice and the West Virginia Division of Highways have already said construction of a $70 million bridge across the Monongahela...

November Newsletter: Black Diamond Realty’s Customized Process

View our November Newsletter: Black Diamond Realty’s Customized Process Click Here!

October Newsletter: Quarter 3 resulted in 21 Closed Transactions. See Full List

Quarter 3 resulted in 21 closed transactions with industrial being the leading sector amongst all completed deals. –> See Full List View Our Newsletter...

Black Diamond Realty: A Decade of Achievement

Black Diamond Realty is celebrating its 10th anniversary – an occasion to celebrate and reflect. Ten years of successful service, dedication, and growth is...

State taking comments on bridge project slated to begin in spring 2024

A barge has been deployed and a contractor working with the West Virginia Division of Highways will start boring riverbed core samples this week...

Newsletter: Celebrating Our 10th Year Anniversary

A Decade of Deals! Black Diamond Realty is proud to be celebrating ten years of excellence! It’s hard to believe that a whole decade...

Eco-friendly food packaging company opening facility in Martinsburg

A new eco-friendly food packing company will open a facility in Berkeley County, bringing 600 jobs to the area. Gov. Jim Justice announced the...

September Newsletter: Black Diamond Realty Will Quarterback your Deal Across the Goal Line

View our September Newsletter: Black Diamond Realty Will Quarterback your Deal Across the Goal Line Click Here!

What’s the Difference Between Commercial Real Estate and Residential Real Estate?

What’s the Difference Between Commercial Real Estate and Residential Real Estate? Contrary to popular belief, there are quite a few differences that ultimately affect...

Morgantown made the list for “20 Best Small Towns to Retire”

When you’re ready to retire, we’ve got a destination. Whether you prefer beaches, mountains, cities or college towns, there’s a match for you. We...

Latest White Oaks Project, with Near $3 Million Price Tag, Ready to Wrap up for $10 Million-Plus Business

A multi-million-dollar project at the White Oaks development that began in January is still going strong eight months later. Not only going strong, but...

August Newsletter: Love all, Serve all

View our August Newsletter: Love all, Serve all Click Here!

State Adds $70 Million Bridge to its Morgantown Industrial Park Connectivity Plans

Due to the complexities of the federal regulatory process, the state of West Virginia is worried it can’t make good on its promise to deliver...

Mountain Valley Pipeline Receives FERC Approval to Resume Construction

Federal regulators have given the Mountain Valley Pipeline the green light to restart construction. The Federal Energy Regulatory Commission issued an order Wednesday allowing...

July Newsletter: Life is a marathon, not a sprint.

View our July Newsletter: Life is a marathon, not a sprint. Click Here!

June Newsletter: The “HIT” Approach to Success

View our June Newsletter: The “HIT” Approach to Success Click Here!

New WVU Medicine Rehab Center Being Built at University Town Center

WVU Medicine announced on Wednesday that construction has begun on a new Outpatient Rehabilitation Center in Granville. It will be located near the WVU...

Mountaintop Beverage Begins Production in Morgantown Industrial Park

Got milk? Mountaintop Beverage does. Got a 330,000 square-foot state-of-the-art automated aseptic bottling facility capable of processing staggering amounts of raw dairy into an array of...

Martinsburg, WV – BLACK DIAMOND REALTY OPENS EASTERN PANHANDLE OFFICE

When: 11:00 AM – 2:00 PM, Tuesday, June 6, 2023 Where: 1209 N. Queen Street, Martinsburg, WV About: Black Diamond Realty is pleased to...

May Newsletter: How Are Golfing And Commercial Real Estate Similar

View our May Newsletter: How Are Golfing And Commercial Real Estate Similar Click Here!

April Newsletter: How Are Skiing And Commercial Real Estate Similar

View our April Newsletter: How Are Skiing And Commercial Real Estate Similar Click Here!

Gov. Justice Announces UNDBIO Secures Lease in Monongalia County

A lower-cost insulin manufacturer has taken the next step toward establishing a location in West Virginia. UNDBIO, a South Korean company, has secured a...

Exceptional Development Opportunity within the Eastern Panhandle of WV

Black Diamond Realty is pleased to present this exceptional development opportunity within the Eastern Panhandle of West Virginia. This property offers 54 (+/-) acres...

Three New Tenants to Join WVU Innovation Corporation

The West Virginia University Innovation Corporation (WVUIC) announced Monday that three new science and technology tenants — California-based GATC Health Corp and Yunigen, LLC, and Morgantown-based ExesaLibero Pharma — will...

March Newsletter: New Agent, New Offerings & Our Reward Trip

View our March Newsletter: New Agent, New Offerings & Our Reward Trip Click Here!

February Newsletter: Calling All Investors | Multifamily, Office & Land

View our February Newsletter: Calling All Investors | Multifamily, Office & Land Click Here!

Jan Newsletter: Reflecting and Projecting 2022 – 2023

View our Jan. Newsletter: Reflecting and Projecting 2022 – 2023 Click Here!

Reflecting and Projecting 2022 – 2023

Congratulations! You just rode one of the wildest rollercoasters the modern economy has ever experienced. Roughly one year ago, experts predicted interest rates would...

Gov. Justice and Commercial Metals Company (CMC) announce new Micro Mill in Berkeley County

Watch Live Event CHARLESTON, WV – Gov. Jim Justice and Commercial Metals Company (CMC) today announced that Berkeley County will be the home of...

Commercial Office Buildings | Sale or Lease | I-79 Technology Park Fairmont, WV

5000 NASA Blvd, Fairmont, WV Located within the I-79 Technology Park, 5000 NASA Blvd is a 114,055 (+/-) square foot building with multiple office...

November Newsletter: Positive Economic Growth for the Future of the Mountain State

View our November Newsletter: Positive Economic Growth for the Future of the Mountain State Click Here!

Positive Economic Growth for the Future of the Mountain State

In the past 18-24 months, several positive news stories touting new and expanding business facilities and job creation have been announced within Black Diamond...

Clorox opens cat litter plant in Martinsburg

The first bag of cat litter to come off the production line at the new Clorox production plant in Martinsburg was cut open during...

October Newsletter: 2nd Office in the Eastern Panhandle

View our October Newsletter: 2nd Office in the Eastern Panhandle Click Here!

Our Second Location is Finally Official!

Our Second Location is Finally Official! Black Diamond Realty is proud to announce that we have officially closed on an office building along N...

September Newsletter: Sweet Summer Goodbyes

View our September Newsletter: Sweet Summer Goodbyes Click Here!

Officials Celebrate Completion of Site Development for West Virginia AeroTech Park

Stakeholders of North Central West Virginia Airport recently celebrated the culmination of nearly 20 years of hoping and planning. Gov. Jim Justice — along...

US Natural Gas Prices Spike To 14-Year High. Here’s Why:

New York(CNN Business)US natural gas prices have skyrocketed to levels unseen since 2008, a spike that threatens to offset the benefits of falling prices...

August Newsletter: Fear. Uncertainty. Challenging Economic Times.

View our August Newsletter: Inflation Fears…Nobody is Immune Click Here!

Fear. Uncertainty. Challenging Economic Times.

Fear. Uncertainty. Challenging Economic Times. For many Americans, these feelings and beliefs have embedded themselves into our cultural fabric. Reminders of uncertain, and for many, challenging...

West Virginia Aerospace Industry Set to Take Off With Launch of WVU Small Satellite Center

West Virginia is now on its way toward launching the state’s second small satellite. A team from West Virginia University and the NASA West Virginia Space...

Inflation hits another 40-year high. What does that mean for shoppers and the next Fed rate hike?

Inflation jumped again in June on a persistent climb in gas, food and rent costs, notching another 40-year high and likely solidifying the Federal Reserve’s plans for...

July Newsletter: BDR Kicks Off Summer With A Splash!

View our July Newsletter: BDR Kicks Off Summer With A Splash! Click Here!

Korean Drug Maker Pledges to Build Plant in Morgantown

MORGANTOWN W.V. – South Korean drug manufacturer UNDBIO has signed a Memorandum of Understanding pledging to manufacture insulin in West Virginia. The letter indicates there are plans...

June Newsletter: Starting A New Business? Don’t Do It Alone!

View our June Newsletter: Starting A New Business? Don’t Do It Alone! Click Here!

May Newsletter: The Power of a 1031 Exchange

View our May Newsletter: May Newsletter: The Power of a 1031 Exchange Click Here!

Leveraging Real Estate Gains: The Power of a 1031 Exchange

Nine out of 10 US millionaires have found tremendous financial success in real estate investment. Read the seven reasons why 90% of millionaires choose...

State’s Four Legislative Leaders Join Coalition to Bring Hydrogen Hub to West Virginia

MORGANTOWN — West Virginia’s four legislative leaders joined the West Virginia Hydrogen Hub Coalition on Thursday, adding their voices to those working to bring...

Capito, Manchin, McKinley Offer support of Harmony Grove Interchange Project

MORGANTOWN — The push for approval of the new Harmony Grove interchange has gone federal. In an April 27 letter to U.S. Transportation Secretary...

Company to Bring 500 to 600 High-Tech Jobs to W.V., Official Says

WHITE SULPHUR SPRINGS, W. Va. (WCHS) — A company official announced Thursday that a new company will bring 500 to 600 high-tech jobs to West...

April Newsletter: 25 Total Deals Closed in Q1 — Click to See Where!

View our April Newsletter: 25 Total Deals Closed in Q1 — Click to See Where! Click Here!

Morgantown Seen As Economic Leader In North Central West Virginia Region

MORGANTOWN, W.Va. (WV News) — Despite COVID-19 and other challenges both locally and statewide, the Morgantown Area Partnership has been successful in moving projects...

West Virginia University Takes Ownership of Former Mylan Facility

West Virginia University now officially owns the former Mylan pharmaceutical manufacturing facility, according to information released by the university Thursday afternoon. WVU paid $1...

Fairmont City Council Hears Plan to Develop Autonomous Vehicle Testing Facility

FAIRMONT− Fairmont City Council got a look Tuesday night at a plan to develop the old Fairmont Coke Works site at Sharon Steel Corporation property...

Natural Gas Is the Future of Energy

Without stepping foot in the Mountain State, getting to know our people or way of life, politicians in Washington, D.C., and from other states...

West Virginia Is Blessed With Abundant Energy

As 2021 finishes out, West Virginians have experienced many blessings — from a rebounding economy with more job opportunities to a stronger, more fiscally...

How W.V. Oil and Gas Aids U.S. Foreign Policy

The energy sector is fundamental to our nation’s economy, creating good jobs for hardworking Americans and providing innovative solutions to modern-day challenges. As a...

Pipeline Infrastructure Unlocks W.Va.’s Energy Potential

West Virginia is an energy powerhouse, and it’s no secret the work we do here keeps the lights on across our country and throughout...

PepsiCo opening new facilities in West Virginia

CHARLESTON, W.Va. — PepsiCo Inc. plans to open two new facilities in West Virginia by the end of this year, bringing an investment of $32.5...

March Newsletter: 2021 Was A Strong Year –> See Our Top 10 Transactions

View our March Newsletter: 2021 Was A Strong Year –> See Our Top 10 Transactions Click Here!

West Virginia economy to benefit from energy prices in spring, hiring and supply chain improvements to continue

CLARKSBURG — As spring approaches, business officials have called for a promising outlook for West Virginia’s economy in the next few months. Growth is...

West Virginia High Tech Foundation looks to further expand I- 79 Tech Park, commercial climate and weather industry

FAIRMONT — With the dawn of a new year, the High Technology Foundation in Fairmont has set its sights on expanding the region’s...

West Virginia Is Thriving in the Roaring (20)20s

We started the decade with a goal: fix the problems that confront West Virginia and her people. In pursuit of that goal, we have...

Governor: Housing material manufacturer to locate in W.Va., create 150-300 jobs

BLUEFIELD, W.Va. (WCHS) — West Virginia Gov. Jim Justice announced Friday that a housing material manufacturer is expected to locate in Bluefield, creating hundreds...

Nucor deal is example of how development incentives should work

While there is always reason to scrutinize economic development deals that involve government money, the pending deal to bring Nucor’s steel mill plant to...

February Newsletter: The Power of Basic Job Announcements

View our February Newsletter: The Power of Basic Job Announcements. Click Here!

The Power of Basic Job Announcements

Location remains the golden rule when making real estate investment and development decisions. Buying and developing in a growing, diversified market heightens the likelihood...

How Will Inflation Impact Commercial Real Estate?

We’ve all noticed the change — at the supermarket, gas pumps, and nearly everywhere else. Whether it was the cost of your Christmas tree...

Automobile manufacturing company to open facility in South Charleston

SOUTH CHARLESTON, W.Va. (WCHS) — A company that manufactures zero-emission, all-electric school buses is opening a facility in South Charleston, state leaders announced Wednesday....

Steel manufacturer announces $2.7 billion mill in Mason County

Nucor Corp. has selected Mason County as the location for a state-of-the-art sheet steel mill, West Virginia officials announced today. The announcement has been...

January Newsletter: Q4 Closings Are In…

View our January Newsletter: Q4 Closings Are In… Click Here!

Reflecting and Projecting, BDR’s Outlook on 2022

Macroeconomics (think interest rates and national productivity) greatly impact the commercial real estate markets we serve. Three major macro topics of 2021 were inflation,...

COMMENTARY: Fewer people left WV because there were few opportunities

COMMENTARY – Figures from the U.S. Census Bureau indicating that more people actually moved into West Virginia than moved out of the state were somewhat...

Fed Decision: Officials Project Three Interest Rate Rises in 2022 and Accelerate Stimulus Wind Down

Most Federal Reserve officials signaled Wednesday they were prepared to raise their short-term benchmark rate at least three times next year to cool high...

December Newsletter: 6 NEW Offerings Inside –>

View our December Newsletter: 6 NEW Offerings Inside –> Click Here!

‘A new life’: Packing company settles in former Coca-Cola bottling plant on East Side

FAIRMONT — When Josh Pearson attended Fairmont State University, he drove by the vacant Coca-Cola bottling plant nearly every day. “I must’ve driven by...

Why Quitting Coal is so Hard

GLASGOW, Scotland — In the run-up to the U.N. climate talks in Glasgow, host Britain announced one of its goals of the con- ference...

November Newsletter: Hot Investment Offerings Inside!

View our November Newsletter: Hot Investment Offerings Inside! Click Here!

Mylan Park hopes to be home to BMX, the world’s first fully inclusive wheel park

MORGANTOWN — Mylan Park Foundation President Ron Justice admits the foundation knew next to nothing about BMX racing 18 months ago. You could say...

October Newsletter: 26 Deals Closed in Q3 –> See Full List

View our October Newsletter: 26 Deals Closed in Q3 –> See Full List Click Here!

Deep brain stimulation may ease opioid addiction when other treatments fail

Doctors at West Virginia University’s Rockefeller Neuroscience Institute are testing the experimental procedure on patients for whom other treatments didn’t work. By Kate...

West Virginia University Medicine plans to launch new insurance provider Peak Health by January 2023

WVU Medicine President: New effort “allows us to focus on improving the health of a patient and lowering the cost of care.” West Virginia...

September Newsletter: A Summer to Remember

View our September Newsletter: A Summer to Remember Click Here!

Morgantown Municipal Airport seeing positive growth coming out of pandemic; runway extension project underway, art gallery opened, more planned

MORGANTOWN, W.Va. (WV News) — It has been a year of positive developments for the Morgantown Municipal Airport, with ribbon cutting ceremonies for everything...

Morgantown Area Partnership Business Briefing (August 2021)

Morgantown Area Partnership Business Briefing (August 2021) from InnerAction Media on Vimeo.

August Newsletter: $49 Million+ Gross Deal Value in 2020

View our August Newsletter: $49 Million+ Gross Deal Value in 2020 Click Here!

BDR News in Regards to Medical Marijuana in the State Of WV

The State of West Virginia recently accepted applications for medical marijuana grow and processing facilities and 100 retail dispensaries. As a result, Black Diamond Realty had the...

July Newsletter: BDR’s Q2 Closed Transactions Are In!

View our July Newsletter: BDR’s Q2 Closed Transactions Are In! Click Here!

June Newsletter: Inflation Uptick…Here’s What to Expect

View our June Newsletter: Inflation Uptick…Here’s What to Expect Click Here!

Inflation Uptick, What You Need to Know and Should Expect

The recent pandemic has caused significant construction supply chain challenges. Material costs have increased drastically; lumber futures are up 280%, steel mill product costs...

MIP ‘strategically located’ to Attract businesses

The Morgantown Industrial Park (MIP) is preparing for expansion, and with expansion, owners hope to bring jobs into the area. “We think we’re strategically...

May Newsletter: Black Diamond Takes Key Largo!

View our May Newsletter: Black Diamond Takes Key Largo! Click Here!

Thousands have applied to be paid to move to West Virginia: Intuit executive

Thousands have applied to be paid to move to West Virginia: Intuit executive Intuit Executive Chairman and Wing 2 Wing Foundation co-founder Brad D....

Named Best Retirement State In The Nation, West Virginia Is An Affordable Haven For Retirees

In an uncertain economy, retirees face new challenges. MoneyRates, a rate-comparison site, has been helping those looking ahead to their later years by ranking...

April Newsletter: Q1 Closed Transactions | New Development Announcement

View our April Newsletter: Q1 Closed Transactions | New Development Announcement Click Here!

An Old Fight with New Weapons

A lot has changed since President Richard Nixon declared a “war on cancer” by signing the National Cancer Act in 1971. Diagnoses are made...

MHIRJ Aviation Inc. announces hiring plan for 300 available positions at Bridgeport location

BRIDGEPORT, W.Va. – MHIRJ Aviation Inc. (MHIRJ) announced that it will be launching a recruitment campaign at both its Bridgeport, West Virginia, and Tucson,...

WVU & State Announce Remote Worker Program

“I may have spent the first 22 years of my life dreaming of a way out, but I can tell you with clear eyes...

Morgantown Municipal Airport & I-68 Commerce Park Work Underway

MORGANTOWN, W.Va. – Morgantown mayor Ron Dulaney officially broke ground on Phase I of the Morgantown Municipal Airport Runway 18-36 Extension project from the...

Gov. Justice congratulates first three cities selected for Brad & Alys Smith remote work program

A message for Jim Morris – james.morris@mail.wvu.edu CHARLESTON, WV – Gov. Jim Justice issued the following statement today after West Virginia University’s announcement that Morgantown, Shepherdstown, and Lewisburg have...

March Newsletter: New Sports Complex coming to Bridgeport this summer

View our March Newsletter: New Sports Complex coming to Bridgeport this summer Click Here!

Runway Extension Project

The Morgantown Municipal Airport has the shortest runway in the state and, based on the number of flights, it is also the busiest. The...

West Virginia Gov. Justice makes income tax elimination plan top priority

CHARLESTON — Gov. Jim Justice hopes to make West Virginia the eighth state in the nation without a personal income tax. Justice outlined a...

Toyota West Virginia announces $210 million new investment and 100 new jobs

New investment to upgrade existing engine production line; new jobs to add third shift. To help meet customer demand, Toyota Motor Manufacturing West Virginia...

West Virginia Commerce Dept., Development Office continues economic development hot streak

CHARLESTON — Over the past year, officials with the West Virginia Commerce Department and the West Virginia Development Office have continued to land one...

West Virginia Has Everyone’s Attention. What Does It Really Need?

With the right federal response, it could become a model of renewal for other places around the country that prosperity has left behind. The...

From the Former Ramada Inn Transformed to a Social Services Center

MORGANTOWN — For years, local law enforcement have had no good options when dealing with individuals who have had too much to drink. An...

Agreement between UK company DST and Blue Rock Manufacturing to bring new manufacturing facility, up to 1,000 new jobs to West Virginia

Jim Justice announced today that DST Innovations, a UK technology company headquartered in Wales, has chosen West Virginia as the home of its new...

Coming Soon: The Bridge, a 156,000 SF recreational facility in Bridgeport, WV

The Bridge is the newest destination for all things sports, recreation, and wellness. With 156,000 square feet of courts, turf, aquatics, fitness, and more,...

Mylan plant in Morgantown Shutdown planned for July 31

According to MetroNews, Mylan, the pharmaceutical giant that was founded in Morgantown, is closing its plant there next July 31, employees learned this morning...

Massive Project Moving Forward in Bridgeport Could See Annual Economic Impact of More than $1 Billion

Three years ago, Harrison County Commissioners and Benedum Airport Authority members Ron Watson and David Hinkle got with fellow Authority member and Bridgeport Mayor...

Gov. Justice Announces Hundreds of New Jobs on the Way for North Central West Virginia Airport Company

There was some good news this morning for Bridgeport and North Central West Virginia. Gov Jim Justice was in town to announce a city...

Virgin Hyperloop to build Hyperloop Certification Center in West Virginia

(Additional information, including resources from the State of West Virginia, West Virginia University and Marshall University, is available in an online media supplement.) West Virginia,...

Valley HealthCare breaks ground on $7 million expansion

Valley HealthCare System announced plans for a $7 million, three-building expansion that will provide additional beds for its addiction treatment programs it has been...

County Hopes to Fund I-79 Project

Glenn Adrian proposed interchange idea to commission. If you build it, they will come. Sure, the line originated with disembodied voices and ghosts playing...

$20 Million Small Format Hospital Approved – Fairmont

Mon Health CEO says project will be finished by the end of 2021. Mon Health System received its Certificate of Need from the West...

May Newsletter: Million Dollar Investment Property SOLD – Click to See Where…

View our May Newsletter: Million Dollar Investment Property SOLD – Click to See Where… Click Here!

O’Brien’s Viewpoint: Innovation DNA can fuel Industry 4.0

Between the late 1700s and late 1800s, Pennsylvania became the center of the energy universe. The development of coal, then the discovery of oil...

Black Diamond Realty’s response to COVID-19, a note from our Principal

At Black Diamond Realty, our team has shifted to a work-from-home setup filled with screen sharing, remote server access and unique daily distractions, like...

CARES Act & Other Business Assistance Programs

As our nation navigates through the COVID-19 crisis, businesses are beginning to feel the effects first hand. As a means of financial relief, the...

Bridgeport, WV’s, White Oaks Continues Serving as Place of Business and Continued Growth

Bridgeport’s White Oaks development has seen much growth since its beginnings in 2008, with even more progress planned for the future this year. Austin...

Monongalia County Starts to see Fruits of its Labor, Continues to Grow

Monongalia County is, according to area officials, in a state of economic development that residents are finally going to be able to see with...

Mon Health Seeks Equal Treatment When State Reviews Fairmont Hospital Projects

Mon Health System hopes that it will be treated on par with WVU Hosptials when the state Health Care Authority evaluates their somewhat parallel...

Fed Takes Emergency Steps to Slash Rates and Ease Bank Rules

WASHINGTON (AP) — The Federal Reserve took massive emergency action Sunday to try to help the economy withstand the coronavirus by slashing its benchmark...

Why the Future of Retail is Offline

Today, we announced Fifth Wall’s $100 million Retail Fund (see coverage in The Wall Street Journal). This fund seeks to invest in emerging brands and...

100-Bed Hospital In Fairmont Awaits Approval

WVU Medicine said Friday it will file a certificate of need with the state to construct a 100-bed hospital in Fairmont on property it...

Dominion Post: Industrial Park ownership push for new interchange

Company plans to use TIF process for project. The ownership of the Morgantown Industrial Park has opted to be proactive in the push for...

Dominion Post: Black Diamond Realty LLC opens new residential arm, White Diamond Realty

Melissa Berube, formerly of Howard Hanna, tapped to head company. For David Lorenze and Mark Nesselroad, principals of commercial real estate company Black Diamond...

New Residential Brokerage Firm Taps Melissa Berube as Broker

Exciting news hit the office introducing White Diamond Realty’s broker Melissa Berube to the team. MORGANTOWN, WV—One of northcentral West Virginia’s most successful commercial...

Pratt & Whitney announces $30 million investment in Bridgeport, WV location

BRIDGEPORT, W.Va. – Pratt & Whitney announced Thursday that it is making a $30 million investment in its engine services facility in Bridgeport. The...

Marcellus/Utica Poised for Growth as Another Big Shale Play Slows Down

An expected drop over the next couple of years in the country’s hot crude oil and natural gas play, the Permian Basin in Texas...

November Newsletter: Three Closed Sales in Past Three Weeks, Click to Learn More

View our November Newsletter: Three Closed Sales in Past Three Weeks, Click to Learn More Click Here!

Rebuilding Artworks at 601 S. Virginia Avenue

The BDR team continues to be inspired and encouraged by its clients and the ways in which they grow, support, and thrive in our...

Longview Plans to Expand – Officials Seek to Build $1.1B Facility

Right now there are just wild flowers on the empty land next to the Longview Power Plant in Maidsville, just north of Morgantown. But...

It’s a wash: Don Stenger selling longtime car wash businesses

Two longtime Morgantown car washes are for sale after their owner decided it was time to retire and enjoy the next chapter of his...

First Look: West Virginia University’s Rockefeller Neuroscience Institute

Walking through the new WVU Rockefeller Neuroscience Institute’s Innovation Center, you get the feeling you’re trodding into the future of the treatment of brain...

Job Creation, Clean Power Generator, Natural Gas Consumer

Longview Power has taken the next step to make it planned combined cycle gas-fired power plant a reality. The company announced late Thursday it...

City, Agency Moving Forward with Acquisition of 430 Spruce Street

Looking to accommodate the relocation of personnel during ongoing renovations of the Morgantown Public Safety Building, address substantial space constraints in city hall and...

City Agency Looking to Acquire 430 Spruce Street

Working through its newly formed Land Reuse and Preservation Agency, the city of Morgantown plans to acquire the 8,000 square-foot building at 430 Spruce...

Cautious optimism in Monongalia County over Mylan Merger

Over the course of the next year, executives with the new company that will be formed from the merger between Mylan and Upjohn, a...

Opportunity Zones – What You Need to Know…

New federal government tax program benefits investors who place their money into Qualified Opportunity Zones. But what is a Qualified Opportunity Zone (aka QOZs,...

Demolition of Towne House Motel Ahead of Schedule as Long-Standing Building Soon to be Part of Past

It stood in Bridgeport for decades. As of Thursday, there wasn’t much left standing of the once thriving Towne House East Motel off of...

WVU Board of Governors OKs Three Major Construction Projects and Financing

Citing the need to “improve the quality of student life, enrich academic experience, enhance student services, and respond to students’ needs,” the West Virginia...

June Newsletter: Must See Offerings Inside – Industrial, Office, Land

View our June Newsletter: Must See Offerings Inside – Industrial, Office, Land Click Here!

Harrison County Chamber of Commerce – 100th Anniversary Dinner

On May 21st, a couple of the Black Diamond team members attended Harrison County Chamber of Commerce’s 100th anniversary dinner which was held at...

Congratulations, Mark J. Nesselroad – Generation Next 40 Under 40

The State Journal has been recognizing and honoring young professionals throughout West Virginia as part of Generation Next: 40 under 40 for the past...

May Newsletter: Our Quarter 1 Closed Transactions are Finally Here!

View our May Newsletter: Our Quarter 1 Closed Transactions are Finally Here! Click Here!

Economic Experts Tout Potential of Natural Gas Development

Growth in the state’s energy industries, along with the construction projects that come with it, offers many economic opportunities, but there is a balance...

Reasons to Invest in Appalachia

Between potential for growth in the energy and manufacturing sectors, coupled with technology and federal government operations, there are plenty of sound investment opportunities...

WVU Medicine set to add 5th hospital in 2 years

Twenty-three years later, the major mission to increase West Virginians’ access to healthcare remains largely unchanged. While the mission continues, some of what WVU...

April Newsletter: This is an Investment Opportunity You Don’t Want to Miss…

View our April Newsletter: This is an Investment Opportunity You Don’t Want to Miss…Click Here!

Newsweek names WVU Medicine among World’s Best Hospitals

WVU Medicine has been recognized by Newsweek as part of its inaugural list of the World’s Best Hospitals. According to Newsweek, the World’s Best Hospitals...

WVU Medicine holds grand opening for Center for Hope and Healing

Douglas M. Leech establishes fund to support addiction recovery MORGANTOWN, W.Va. – WVU Medicine and the WVU Department of Behavioral Medicine and Psychiatry held a grand opening today...

Old Morgantown Ramada Inn Property to House Non-Profits that Address Homelessness

Wednesday, Monongalia County commissioners discussed the future of the old Ramada Inn property located on Scott Avenue in Morgantown. The property was recently purchased by...

Natural Gas Power Plant to Provide Economic Catalyst to Harrison County & WV

A new natural-gas-fired power plant in Harrison County is expected to be operational by fall of 2021, according to a company official. Groundbreaking on...

Bridgeport, WV Economic Development 2019 – VIDEO

Bridgeport has become a leader in economic development in West Virginia. Bridgeport is featured in this video by the West Virginia Municipal League as...

Morgantown, WV – 2018 Top 100 Best Places to Live

#43 On the Best Places to Live list for 2018, Morgantown appears on Livability.com’s Top 10 Cities for Affordable Health Care. Known primarily as home to...

8,000 Jobs Added Within Past Decade in North Central WV

North Central West Virginia continues to lead the state in economic progress, according to local experts. Although many other areas of the Mountain State...

White Oaks Development Continues Expansion

The White Oaks development in Bridgeport, located just off the Jerry Drove Exit on Interstate 79, continues to grow and expand as more offices,...

2018 Takeaways

This monthly newsletter serves to reflect on the past year’s successes and challenges. Two thousand eighteen was a record-breaking year for Black Diamond and many other companies in north...

Department of Energy report supports Appalachian ethane storage hub

The U.S. Department of Energy has outlined the potential benefits of an Appalachian ethane storage hub in a new report to Congress. The report...

December Newsletter: Introducing Our NEW Online Auction Service…

View our December Newsletter: Introducing Our NEW Online Auction Service… Click Here!

WV Executive Young Gun – Mark J. Nesselroad

Young Gun 2018 Award Recipient Black Diamond Realty would like to formally congratulate Mark J. Nesselroad on his selection as a WV Executive Young...

November Newsletter: Downtown Morgantown Building SOLD — See Where.

View our November Newsletter: Downtown Morgantown Building SOLD — See Where. Click Here!

Marcellus & Utica Shale – Activity On The Rise

Do you know Marcellus & Utica? Let us introduce you to Mid-Atlantic’s most popular household names. Throughout the latter part of the past decade,...

Bridgeport, WV – One of “America’s 50 Best Cities to Live”

Bridgeport Listed by USA Today as One of “America’s 50 Best Cities to Live” in Online Money Section In an edition of USA Today’s on-line edition,...

October Newsletter: Few Opportunities Remaining at I-79’s Hottest Exit…

View our October Newsletter: Few Opportunities Remaining at I-79’s Hottest Exit… Click Here!

PTT official gives update on cracker project

The project director for the planned PTT Global Chemical ethane cracker in Belmont County said having such a surplus of the natural gas liquid...

Mon Health EMS gets new Gateway facility

Mon Health EMS officials were at The Gateway on Sept. 20 to show off their new digs — a two-story, 15,780 square-foot facility that...

Gee announces program for heart transplants

In many ways, WVU President Gordon Gee said, the land-grant university he leads is the heart of West Virginia. The university, in turn, put...

Possible new interstate exit

Westover mayor seeks support for possible new interstate exit Westover Mayor David Johnson encouraged citizens of Westover and council members to attend an upcoming...

September Newsletter: Award Winning Investment Opportunity Revealed

View our September Newsletter: Award Winning Investment Opportunity Revealed Click Here!

WVU Medicine Children’s Neurodevelopmental Center

Doctors and administrators gathered at WVU Medicine Children’s newest facility – a Neurodevelopmental Center on Baker’s Ridge Road – to celebrate its opening Thursday....

Wedgewood Drive building prepares for $1 million in renovations

A former medical office at 300 Wedgewood Drive will be undergoing renovations to upgrade its space and will also provide “aesthetic love,” according to...

August Newsletter: Big Things Happening for Black Diamond Realty

View our August Newsletter: Big Things Happening for Black Diamond Realty Click Here!

Area Hotel Occupancy on the Rise

Monongalia, Preston enjoy hotel occupancy spike that beats even state’s solid year As West Virginia tourism officials celebrate increases in hotel occupancy, the numbers...

Development at Fairmont’s old Owens-Illinois site underway

After 30 years of inactivity, the site of the old Owens-Illinois glass factory is finally seeing new development, as a Morgantown developer has committed...

July Newsletter: Closed Transactions Reach Record High

View our July Newsletter: Closed Transactions Reach Record High Click Here!

June Newsletter: There’s A New Business In Town…

View our June Newsletter: There’s A New Business In Town… Click Here!

Retirement Community To Open In Fall

A new, state-of-the-art retirement community is slated to open during this fall, at 2996 Point Marion Road, Morgantown. The Crossings at Morgantown is managed...

White Oaks continues development in 3-phase build-out

White Oaks continues development in 3-phase build-out. The White Oaks planned business community comprises 470 acres that are home to offices, FBI support services,...

FBI’s headquarters project to bring hundreds of positions to Clarksburg facility

Hundreds of jobs are expected to be shifted to the FBI’s Criminal Justice Information Services (CJIS) facility in Clarksburg as part of the FBI...

March Newsletter: Black Diamond Reveals Its Top 5 Assets

View our March Newsletter: Black Diamond Reveals Its Top 5 Assets Click Here!

Distillery, tourist attraction up for sale – Heston Farm

Heston Farm is being sold in two lots for a total of $2,383,000 and comes with three buildings, a storage bunker and access to...

February Newsletter: Local Business For Sale Creates Big Opportunity

View our February Newsletter: Local Business For Sale Creates Big Opportunity Click Here!

The Dominion Post – From the Desk of Mark Nesselroad

Legislators Updated on China Energy Deal

Commerce Secretary Hopes China Energy Project Will Begin This Year. CHARLESTON – Commerce Secretary Woody Thrasher offered legislators a few new tidbits — though...

January Newsletter

View our January Newsletter: 2017 Deals Closed – New Year, New Offerings Click Here!

Happy 2018! Another Year Is In The Record Books

We hope you and your family had an enjoyable holiday season. The new year is a time to reflect and project. This monthly Black...

December Newsletter

View our December Newsletter: The “Retail Apocalypse” Is Not Among Us All Click Here!

The Retail Apocalypse Is Not Among Us All

“The Retail Apocalypse” is a great catch phrase that grabs attention. News outlets make sensational claims that Amazon is destroying the retail sector and that,...

Defense In Depth to cater to new and experienced shooters

MORGANTOWN — Defense In Depth, a new firearms education/training center and retailer in Morgantown, aims to cater to the needs of new and experienced...

WVU Medicine Children’s Announces $152-Million Project

WVU Medicine Children’s growing into new tower to be added onto J.W. Ruby Memorial Hospital Three-year, $152-million project to add 150 beds MORGANTOWN, W.Va....

The Tides Are Turning For West Virginia

West Virginia announces $83.7 billion gas development deal with China Energy CHARLESTON, W.Va. — The state Department of Commerce announced overnight an agreement with China...

October Newsletter

Roads to Prosperity In 1971, West Virginia’s country roads became a main stream topic when John Denver released his international hit song. The serene...

Crossings Construction Continues – The Dominion Post

Luxury Living Construction continues on a new senior living community on Point Marion Road. Scheduled to open in fall 2018 near The Pines Country...

Black Diamond Prepares Dinner for the Rosenbaum Family House – 9/11

On September 11th Black Diamond Realty prepared dinner for the guests of Rosenbaum Family House, a place for adult patients and their families to stay while...

September Newsletter

View our September Newsletter: Black Diamond Trophy Reenergizes a Rivalry While Industrial Demand Ramps Up Click Here!

Infrastructure paves way for Morgantown’s retail growth – The State Journal

When David Lorenze was growing up in Morgantown, there were roughly a dozen restaurants to choose from in the whole town. “Now, you have a dozen...

WVU-led research team lays foundation for natural gas storage ‘hub’; opportunity for economic growth in the region

It is no secret that the region around West Virginia, Pennsylvania and Ohio has abundant natural gas resources, but can the three states uncover...

Opening Day – WV Box & Ship – The Dominion Post

A ribbon-cutting ceremony was held Friday for WV Box & Ship, a new business at 1405 Earl. L Core Road. WV Box & Ship...

Business Beginnings – Family Dollar

Construction is underway for a new 8,300 square foot Family Dollar store on Lucky Lane, near Mountain View Elementary.

$40 Million Center for Aquatics Announced – The Dominion Post

$15 Million donation, loan to finance a 55-acre project.

Industrial Park to Expand – The Dominion Post

The Morgantown Industrial Park is approved for a second phase of development. See the article below or visit dominionpost.com.

2017 Sectors In Demand

Our team is often asked, “How is the market?” Some brokers may respond with a generic, “good”. If you are interested in a general...

August Newsletter

View our August Newsletter: NEW Par Mar Store + Restaurant Opening Soon In Morgantown Click Here!

First Look: The Crossings at Morgantown

We shared the breaking news with you in our April newsletter; now you can watch the The Crossings at Morgantown come to life! CLICK...

July Newsletter

View our July Newsletter: See What’s OPENING SOON In The Sabraton Plaza! Click Here!

Clearwater Facility Preparations Continue for Projected Fall Opening – The State Journal

See the article on The State Journal website by clicking here.

Valley Worlds of Fun Searches for New Owner – WBOY12

PLEASANT VALLEY – Valley Worlds of Fun has been part of Marion County’s history for decades. Now, the property is for sale and it has...

Fun For Sale – The Dominion Post

Valley Worlds of Fun center up for sale Click Here to View the Marketing Flyer for Valley Worlds of Fun.

June Newsletter

View our June Newsletter: Summer Fun Awaits! See Where… Click Here!

Thrillist.com Names Morgantown the Best Small Town in West Virginia

West Virginia: Morgantown – Population: 31,073 No small town in WVA is more worthy of a visit than the home of West Virginia University....

White Oaks Continues to Expand, Attract Variety of Industries – The State Journal WV

Nearly a decade after construction first began to develop White Oaks off Jerry Dove Drive, the Bridgeport business park continues to live up to...

Businesses Anticipate Next Oil, Gas Boom with Projects on Horizon

Multiple projects and more drilling rigs are sure signs that the oil and gas industry is going to have a very big presence in...

May Newsletter

View our May Newsletter: 100+ Acre Interstate Development Located In… Click Here!

April Newsletter

View our April Newsletter: See What’s Coming To Morgantown In 2018… Click Here!

BDR’s March Newsletter

View our March Newsletter: Our Latest Offering Could Be Your Next Investment Asset! Click Here!

Real Estate Investing 101

Are you putting all of your eggs in one basket? What is the first rule of thumb your financial advisor will work hard to...

Black Diamond Volunteers to Support Empty Bowls Monongalia

Are you feeling hungry? Is your stomach growling? No problem. There are, most likely, plenty of food options in your refrigerator and kitchen cabinets....

Black Diamond Realty Attends the 2017 WVU Children’s Gala

On Saturday, February 11, 2017, the Black Diamond Realty team attended WVU Medicine Children’s 14th Annual Gala. The night consisted of live music, silent...

BDR’s February Newsletter

View our February Newsletter: The Possibilities Are Endless With Our Latest Offering! Click Here!

A Strong Outlook for Industrial Demand

As real estate professionals, the BDR team is often asked these two questions: How are things going in our market and what are you...

BDR’s January Newsletter

View our January Newsletter: 2016 Was A Great Year, See Why 2017 Will Be Even Better! Click Here!

Reflecting & Projecting

REFLECTING ON 2016 There were some economic positives in 2016. Interest rates remained low while capital slowly became more attainable, resulting in a demand...

Black Diamond Prepares Dinner For The Rosenbaum Family House – 2016

One of Black Diamond’s annual traditions is to cook dinner for the guests of Rosenbaum Family House, a place for adult patients and their...

Defense In Depth, D.I.D. You Shoot Today?

Range. Simulators. Training. Firearms. Two years ago, Marstiller’s Gun Shop and Range sold their property on Collins Ferry Road to Monongalia County’s Board of...

Hats Off to Pizza Al’s

Hats off to Albino Roperti, known as “Pizza Al” or “The Pizza King” by his many fans for yet another year of being recognized...

University Park is Part of WVU’s Expansion Projects

University Park is a public-private partnership project between West Virginia University and University Park at Evansdale, LLC. The $112 million multi-purpose development is an...

Morgantown Named Among Top 10 Cities for Affordable Health Care

Morgantown, WV has been named one of the Top 10 Cities for Affordable Health Care by Livability.com, a national website that ranks quality of...

America’s Best College Towns: Morgantown

Morgantown was recently ranked number eleven on Travel & Leisure’s Best College Towns list. “It’s odd to celebrate a place for its public transportation,...

Morgantown business owners to talk with Congress, White House officials

Morgantown small business owners will join 16 entrepreneurs from 15 states in Washington, D.C. Sept. 17 to talk about small business issues with members...

Construction continues at WVU

Several construction projects have broken ground or are nearing completion in the city of Morgantown as the students and faculty eagerly anticipate the new...

Morgantown Listed #4 Small City in Job Growth for 2013 by Forbes

Morgantown, which not only lists as the #23 small city in America for business and careers, ranked at #4 in Job Growth in Forbes’...

Category Archive: Community News