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 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 [...]
West Virginia sees surge in new Marcellus, Utica shale drilling permits, with more planned with Antero’s expansion
West Virginia’s role as a hub for natural gas has been bolstered as Antero, the state’s largest driller, recently announced plans to ramp up production in 2025. Shale industry officials have reported a surge in Marcellus and Utica shale drilling permits issued in the state, a positive marker of continued [...]
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 [...]
Coastal Carolina President Michael Benson will be the next president at WVU
After a Board of Governors vote on February 20, it has been confirmed that West Virginia University's 27th president will be Michael T. Benson. Benson is the current president of Coastal Carolina University and will bring over 30 years of higher education experience to the position when he begins his [...]
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 [...]
WVU maintains prominent R1 ranking as top U.S. research university
WVU has gained an elite distinction for the fourth time in a row. The state's flagship university was just reaffirmed with R1 status by the American Council on Education and the Carnegie Foundation for the Advancement of Teaching. This is the highest possible research ranking an institute of higher education [...]
BDR Monthly Newsletter – February 2025
BDR Annual Reward Trip 2025 Recap Annually, Black Diamond Realty organizes an incentive trip to reward team members who achieve individual and company goals for the previous year. Our 2025 destination was Punta Cana, Dominican Republic! For six memorable days, team members enjoyed plentiful sunshine, competitive beach volleyball, refreshing beverages, team dinners, and [...]
BDR Reward Trip 2025: Punta Cana, Dominican Republic
Black Diamond Realty Travels to Punta Cana for their 2025 Reward Trip Reward Trip 2025 - Punta Cana, Dominican Republic Annually, Black Diamond Realty organizes an incentive trip to reward team members who achieve individual and company goals for the previous year. Our 2025 destination was Punta Cana, Dominican Republic! [...]
WVU Medicine breaks ground on new $233 million Eye Institute in Morgantown, West Virginia
A big advancement for the state's eye health is on the horizon in Morgantown. On Friday, WVU Medicine broke ground on a new $233 million Eye Institute. The new WVU Eye Institute is being built at the intersection of Van Voorhis Road and Elmer Prince Drive near the entrance to [...]
Visit Mountaineer Country Collaborates to Build Outdoor Tourism Economy
A new project undertaken by Visit Mountaineer Country Convention and Visitors Bureau (VMC) seeks to make North Central West Virginia a leader in outdoor tourism. The goal of the project, named Mountaineer Gravel, is to transform the region into a premier destination for gravel cycling and outdoor adventure. The ambitious [...]
Q4 Closed Transactions | 15 Closed Transactions
View our January Newsletter: Q4 Closed Transactions | 15 closed transactions with industrial being the leading sector. Click Here!
The Fed expects to cut rates more slowly in 2025. What that could mean for mortgages, debt and more
To combat ongoing inflation and concerns of future inflation that could be fueled by incoming President Donald Trump's policies, the Fed has indicated they will cut rates more slowly in 2025 than initially planned. Fed policymakers now predict two rate cuts to take place in 2025, not the four that [...]
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 finding indicates that up to 40 percent of the lithium needed in the United States could be sourced from this wastewater. The research, led by Justin [...]
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 attached to the main facility, this new expansion is almost an "entirely new building" and adds nearly 50,000 square feet to the existing footprint. West Virginia [...]
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 its new location at the intersection of Van Voorhis Road and Elmer Prince Drive in Morgantown. The WVU Health System Board of Directors approved $233.5 million in funding to construct [...]
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 that the Hazel Ruby McQuain Charitable Trust is making to the West Virginia University (WVU) Cancer Institute. The gift will be the catalyst for a new, [...]
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 counties claiming the top three spots for growth in the state, out of only eight counties that grew in population. The data shows the percent change [...]
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 River will begin in spring 2024. It now looks as if construction of the new $30 million Harmony Grove interchange could begin as early as July [...]
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 as a preliminary step in the DOH’s plan to build a new bridge across the Monongahela River. While dates are approximate and subject to change, the [...]
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 new economic project Thursday during the West Virginia Chamber Annual Business Summit at his luxury resort, The Greenbrier. Treplar will invest $50 million into the state [...]
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 looked at small towns with populations up to 100,000 residents that have been touted for their low cost of living, affordable housing, public safety, good-quality healthcare [...]
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 nearly finished. Since the start of the project in an area described as White Oaks Phase II-A, roughly 350,000 cubic yards of dirt has been moved [...]
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 improved interstate access to Mountaintop Beverage via a new I-79 Harmony Grove interchange in a timely fashion. To remedy that, the West Virginia Division of Highways [...]
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 developers to “proceed with all construction activities.” Work on the project is expected to resume “shortly,” said Natalie Cox, director of communications and corporate affairs for [...]
January Newsletter: 2018 – A Record Breaking Year for BDR!
View our January Newsletter: 2018 - A Record Breaking Year for BDR! Click Here!
