Latest News
At Black Diamond Realty, we work to provide continual resources, tips, articles and education for your commercial real estate needs. Our news page is dedicated to providing our clients and customers with an online resource center to find helpful and relevant information throughout the Mid-Atlantic region, but also local and state-wide trends throughout West Virginia, Pennsylvania, Maryland, and Ohio. Check out our monthly newsletters plus visit some pertinent economic news affecting real estate markets serviced by Black Diamond Realty.
BDR Monthly Newsletter – May 2026
Check out our May Newsletter for the latest updates from our team, including a new team member spotlight, our newly refreshed promotional brochure, and this month's featured property offerings.
Enrout Properties Advancing Premier Development Site in Morgantown Industrial Park
Enrout Properties is taking the next major step in expanding the Morgantown Industrial Park with plans to prepare a new 27-acre “Floyd Farm Pad” designed to attract large-scale manufacturing and distribution users. Positioned prominently near the Uffington Bridge and future access points to both I-79 and I-68, the site [...]
DOH Announces Projected Timeline to Have Construction Contract for Exit 155 Project
The West Virginia Division of Highways (DOH) announced that the long-planned improvements to the Interstate 79 Exit 155 interchange near Morgantown are moving closer to construction. Officials say the project is currently finishing the environmental review and engineering phases, with a goal of having a construction contract in place [...]
Pierpont Aviation Program Expansion Drives Growth
The expansion of Pierpont Community & Technical College’s aviation maintenance technology (AMT) program in Bridgeport is now back underway, doubling the program’s annual student capacity from 130 to 260. Experts say this growth will provide local aerospace companies with a larger pool of qualified workers, potentially encouraging industry expansion [...]
Morrisey Announces $4B Private Investment for 500-Acre Berkeley County AI Campus
Patrick Morrisey announced a proposed $4 billion private investment by Penzance Management to build a large intelligence and data center campus in Berkeley County. The 500+ acre project would deliver up to 600 megawatts of power for AI and data operations and is expected to create more than 1,000 [...]
7 Brew is coming to Morgantown!
Did you see the news? 7 Brew is coming to Morgantown! Learn more about the deal and the new location in Black Diamond Realty’s latest video by Principal & Associate Broker, David Lorenze.
BDR Leadership & High Performer Retreat 2026
Sometimes, the most important work happens when we step away from our desks. This year, the Black Diamond Realty retreat was held at the beautiful island of Curaçao. This retreat wasn’t just about getting out of the office, it was about coming together, slowing down, and remembering why we [...]
BDR Awards 2025 – Celebrating the People who Make Black Diamond Shine. 💎
Our annual BDR Awards honor the dedication, drive, and exceptional performance of our team. Here’s to those who went above and beyond in 2025: Kim Licciardi received the Top Producer Award, a repeat recognition for her standout performance. Crystal Pheulpin received the Outstanding Networker Award for strengthening Black Diamond’s [...]
Mon Power and Potomac Edison seek approval for $2.84 billion gas and solar project in West Virginia
Monongahela Power Co. and The Potomac Edison Co. have asked the Public Service Commission of West Virginia for approval to build a $2.84 billion, 1,200-megawatt natural gas plant and three solar facilities at the existing Fort Martin Power Station. If approved, the plant would begin operating in late 2031. [...]
Winning the Backyard Brawl: A tax cut that puts West Virginians first
West Virginia’s focus on fiscal discipline, smaller government, and free-market policies has strengthened the state’s finances and driven major private-sector investment and job growth. With a strong surplus and responsible budgeting, the state is now positioned to return money to taxpayers through a 10% across-the-board income tax cut. Half [...]
Reflecting & Projecting – Observations from 2025, Projecting BDR’s Best Year in 2026
Commercial Real Estate Outlook: From Soft Growth to Renewed Momentum in 2026 Economic growth in the United States remained relatively soft throughout 2025, with uneven GDP performance and constrained job expansion contributing to cautious investor sentiment. Despite this, leading indicators suggest that a combination of lower interest rates and [...]
Federal Reserve cuts key rate, sees healthier economy next year
The Federal Reserve cut its key interest rate by 0.25 percentage points to about 3.6 percent as policymakers said the economy shows healthier signs but still faces mixed signals on inflation and the labor market. This cut makes the Fed rate the lowest is has been in three years. [...]
Enrout Properties Advancing Premier Development Site in Morgantown Industrial Park
Enrout Properties is taking the next major step in expanding the Morgantown Industrial Park with plans to prepare a new 27-acre “Floyd Farm Pad” designed to attract large-scale manufacturing and distribution users. Positioned prominently near the Uffington Bridge and future access points to both I-79 and I-68, the site [...]
Morrisey Announces $4B Private Investment for 500-Acre Berkeley County AI Campus
Patrick Morrisey announced a proposed $4 billion private investment by Penzance Management to build a large intelligence and data center campus in Berkeley County. The 500+ acre project would deliver up to 600 megawatts of power for AI and data operations and is expected to create more than 1,000 [...]
7 Brew is coming to Morgantown!
Did you see the news? 7 Brew is coming to Morgantown! Learn more about the deal and the new location in Black Diamond Realty’s latest video by Principal & Associate Broker, David Lorenze.
BDR Leadership & High Performer Retreat 2026
Sometimes, the most important work happens when we step away from our desks. This year, the Black Diamond Realty retreat was held at the beautiful island of Curaçao. This retreat wasn’t just about getting out of the office, it was about coming together, slowing down, and remembering why we [...]
BDR Awards 2025 – Celebrating the People who Make Black Diamond Shine. 💎
Our annual BDR Awards honor the dedication, drive, and exceptional performance of our team. Here’s to those who went above and beyond in 2025: Kim Licciardi received the Top Producer Award, a repeat recognition for her standout performance. Crystal Pheulpin received the Outstanding Networker Award for strengthening Black Diamond’s [...]
Black Diamond Explores CliftonStrengths
Our CliftonStrengths Earlier this year, we had a special Tuesday team meeting at Black Diamond where we had our Clifton Strengths explained to us. CliftonStrengths is a personality assessment tool that identifies natural talents and strengths by ranking them across 34 talent themes. The session was hosted by Sarah Rotruck [...]
Black Diamond Explores CliftonStrengths
Our CliftonStrengths Earlier this year, we had a special Tuesday team meeting at Black Diamond where we had our Clifton Strengths explained to us. CliftonStrengths is a personality assessment tool that identifies natural talents and strengths by ranking them across 34 talent themes. The session was hosted by Sarah Rotruck [...]
CCIM Institute President’s Message | June 2024
CCIM Institute President's Message | June 2024 Dear CCIMs, Reflecting on last month's accomplishments, I am incredibly proud of our continuous efforts as an organization and our CCIM community. From our most talked-about booth at ICSC Las Vegas to our Designees and candidates taking part in the REALTORS® Legislative Meetings in [...]
Happy Birthday Janelle!
Happy Birthday to our Senior Graphic Designer and Marketing Coordinator, Janelle Zeoli! Janelle works hard to insure Black Diamond Realty's brand is represented throughout all that we do! From Marketing Flyers, to signage, to post cards and more! We couldn't do it without her! Everyone send Janelle a big Happy [...]
Buyer-Tenant Representation: How Black Diamond Can Assist You
Choosing the commercial real estate that is the best fit for you and your success can be tricky. Does the location align with the business’ demographic focus? How will visibility and accessibility positively or negatively influence the business’ performance? What deal structure preserves capital while minimizing long-term risks? These are [...]
Black Diamond Attends The 16th Annual WVU Medicine Children’s Gala
This past weekend, The Black Diamond Realty team dressed in their finest attire and followed the yellow brick road to the Land of Oz at the 16th Annual WVU Medicine Children’s Gala. Black Diamond Realty was proud to celebrate the incredible healthcare that is provided by the WVU Medicine staff [...]
Anytime Fitness Opens at University Park
Black Diamond Realty and Glenmark Holding LLC are proud to announce the newest tenant of University Park on the Evansdale campus has opened its doors. Anytime Fitness opened its newest health club facility on Monday, May 9th on the ground floor of the mixed-use residence hall. Anytime Fitness is the [...]
BDR Monthly Newsletter – May 2026
Check out our May Newsletter for the latest updates from our team, including a new team member spotlight, our newly refreshed promotional brochure, and this month's featured property offerings.
Enrout Properties Advancing Premier Development Site in Morgantown Industrial Park
Enrout Properties is taking the next major step in expanding the Morgantown Industrial Park with plans to prepare a new 27-acre “Floyd Farm Pad” designed to attract large-scale manufacturing and distribution users. Positioned prominently near the Uffington Bridge and future access points to both I-79 and I-68, the site [...]
DOH Announces Projected Timeline to Have Construction Contract for Exit 155 Project
The West Virginia Division of Highways (DOH) announced that the long-planned improvements to the Interstate 79 Exit 155 interchange near Morgantown are moving closer to construction. Officials say the project is currently finishing the environmental review and engineering phases, with a goal of having a construction contract in place [...]
Pierpont Aviation Program Expansion Drives Growth
The expansion of Pierpont Community & Technical College’s aviation maintenance technology (AMT) program in Bridgeport is now back underway, doubling the program’s annual student capacity from 130 to 260. Experts say this growth will provide local aerospace companies with a larger pool of qualified workers, potentially encouraging industry expansion [...]
Morrisey Announces $4B Private Investment for 500-Acre Berkeley County AI Campus
Patrick Morrisey announced a proposed $4 billion private investment by Penzance Management to build a large intelligence and data center campus in Berkeley County. The 500+ acre project would deliver up to 600 megawatts of power for AI and data operations and is expected to create more than 1,000 [...]
7 Brew is coming to Morgantown!
Did you see the news? 7 Brew is coming to Morgantown! Learn more about the deal and the new location in Black Diamond Realty’s latest video by Principal & Associate Broker, David Lorenze.
Mon Power and Potomac Edison seek approval for $2.84 billion gas and solar project in West Virginia
Monongahela Power Co. and The Potomac Edison Co. have asked the Public Service Commission of West Virginia for approval to build a $2.84 billion, 1,200-megawatt natural gas plant and three solar facilities at the existing Fort Martin Power Station. If approved, the plant would begin operating in late 2031. [...]
Winning the Backyard Brawl: A tax cut that puts West Virginians first
West Virginia’s focus on fiscal discipline, smaller government, and free-market policies has strengthened the state’s finances and driven major private-sector investment and job growth. With a strong surplus and responsible budgeting, the state is now positioned to return money to taxpayers through a 10% across-the-board income tax cut. Half [...]
Federal Reserve cuts key rate, sees healthier economy next year
The Federal Reserve cut its key interest rate by 0.25 percentage points to about 3.6 percent as policymakers said the economy shows healthier signs but still faces mixed signals on inflation and the labor market. This cut makes the Fed rate the lowest is has been in three years. [...]
Chatter & Chalk Grand Opening
We’re excited to announce the grand opening of Chatter & Chalk at 1315 Airport Boulevard in Morgantown! Principal & Associate Broker David Lorenze, CCIM, SIOR secured the lease earlier this year for the development center and early learning academy. We are thrilled to welcome such a special organization to [...]
Governor Patrick Morrisey Announces Public-Private Partnership to Repair Primary I-79 Exit (155) in Morgantown
A major $135 million infrastructure project will overhaul I-79 Exit 155 and Chaplin Hill Road through a public-private partnership. The plan includes reconfiguring the interchange, building a new two-lane flyover, and upgrading Chaplin Hill Road into a multilane boulevard to ease congestion and improve safety. This transformation will significantly enhance [...]
WVU Medicine announces more than $460M in new capital projects to expand healthcare access across West Virginia
The West Virginia University (WVU) Health System is furthering their commitment to the health and well-being of West Virginians. They have announced more than $460 million in new capital projects to expand healthcare across West Virginia. This new round of projects will expend access to critical healthcare in West Virginia [...]
BDR Monthly Newsletter – May 2026
Check out our May Newsletter for the latest updates from our team, including a new team member spotlight, our newly refreshed promotional brochure, and this month's featured property offerings.
BDR Monthly Newsletter – December 2025
Annual Holiday Party Join us as we network with business professionals while enjoying good food and drinks. The BDR team is grateful for its relationships and blessings. We want to continue to recognize and thank you – our trusted clients, vendors and supporters! Please RSVP via the button below [...]
BDR Monthly Newsletter – November 2025
A Season of Thanks With the holiday season approaching, we are grateful for our clients and community. Thank you for the trust you place in us to guide you through your important business decisions and real estate goals. Your continued confidence and support inspire everything we do. [...]
BDR Monthly Newsletter – October 2025
5 Reasons Q4 is Prime Time for Commercial Real Estate Decisions As the year winds down, Q4 presents unique opportunities in commercial real estate that can set the stage for long-term success. Lease negotiations often become more flexible as landlords and tenants look to finalize agreements before year-end. Strategic [...]
BDR Monthly Newsletter – September 2025
Summer Recap As summer comes to a close, our team is reflecting on the sunshine-filled days that brought just the right mix of work and play. Between client meetings and property showings, our crew made time for family vacations, backyard barbecues, ball games, and a few extra scoops of [...]
BDR Monthly Newsletter – July 2025
Fun, Sun, Friends, and Family at Black Diamond’s Annual Team Pool Party The BDR team kicked off a team bonding weekend with a focus on connection, collaboration, and, of course, a little friendly competition. Friday began with an escape room adventure, where our team’s problem-solving skills were [...]
BDR Monthly Newsletter – June 2025
Hospice of the Panhandle Hollywood Nights Gala Josh, Aaron, Crystal, and Andrea had a fantastic evening at Hospice of the Panhandle’s Hollywood Nights at the beautiful Bavarian Inn in Shepherdstown, WV. It’s always a pleasure for the Black Diamond team to attend this incredible event that brings the community together [...]
BDR Monthly Newsletter – May 2025
David and Kim Conquer Everest Base Camp In April, we got to experience the excitement and adventure vicariously as our team members, David and Kim, undertook the trip of a lifetime hiking to Everest Base Camp. We loved getting to see Nepal through their eyes and amazing [...]
BDR Monthly Newsletter – April 2025
2025 WVU Medicine Children's Eastern Panhandle Gala The Black Diamond Realty team in the Eastern Panhandle enjoyed a fantastic evening at the 2025 WVU Medicine Children's Gala, embracing the lively "Into the Jungle" theme while supporting a great cause. It was a wonderful opportunity to connect with community members, [...]
BDR Newsletter – Price Reductions March 2025
Featured Offerings 164 Eyster Road, Halltown, WV Industrial Paper Mill | Sale | 201,380 (+/-) SQ FT 201,380 (+/-) gross square foot industrial manufacturing facility 198,523 (+/-) square feet of industrial space 46.57 (+/-) acres Historic paper mill that has been in continuous operation since 1869 Recent price reduction [...]
BDR Monthly Newsletter – March 2025
Maryland Office Grand Opening Earlier this week we celebrated the Grand Opening & Ribbon Cutting of Black Diamond’s new Maryland office in Hagerstown. We owe a big thank you to the City of Hagerstown Department of Community & Economic Development, the Washington County Chamber of Commerce, our Black Diamond [...]
February Newsletter: Office Featured Offerings
Office Featured Offerings 430 Drummond Street, Morgantown, WV Office Suites | For Lease | 8,100 (+/-) SF Two office suites available for lease First floor suite: 6,000 (+/-) square feet; 15 private, perimeter offices Second floor suite: 2,100 (+/-) square feet; 4 private, perimeter offices Located [...]
