Hello!Welcome to the August Newsletter for  Black Diamond Realty!

Black Diamond Realty is excited to announce a New Development located near the heart of West Virginia University's Evansdale Campus.


Oakland Street will soon be home to a brand new Par Mar Retail Store/Restaurant. Slated for completion in August 2017, the 9,979 (+/-) square foot building will include the all new Par Mar Kitchen concept with made-to-order food, a beer cave with seven reach-in doors, a wine selection, WVU merchandise and magazines, DVD rentals, cell phone accessories, and a selection of frozen foods, in addition to traditional retail store items. The new building will also host a restaurant on the second level. Additional information coming soon on the upper level restaurant. Black Diamond Realty represented the landlord throughout the process which included preparing professional marketing material, spreading the word via multiple platforms, utilizing our extensive network to maximize exposure, securing interested parties and negotiating a long-term lease.

Adjacent to the project you will find University Park, a 1,310 bed all-inclusive student living experience, the WVU Alumni Center, the WVU Health Sciences campus and the WVU football stadium. Transportation in the area includes two separate PRT stations within 0.5 mile, as well as Mountain Line bus stops. When complete, the store will offer ample parking, with roughly 55-64 spaces.
 
As of 2015, there were 76,673 people living within a 5-mile radius. The total daytime population is 109,370 with 68,107 employees. In 2015, there were 30,608 households and 11,655 renter-occupied housing units within a 5-mile radius with a median household income is $39,503 and an average household income of $62,896 (MapInfo Pro, 2015). The new project at 453 Oakland Street is located just off of Route 705 (Van Voorhis Road), where there is a daily traffic count of 38,879 vehicles per day (WVDOH, 2014). 

Our team is often asked, “How is the market?” Some brokers may respond with a generic, “good”. If you are interested in a general response, we are happy to report the market is currently “great.” 


Black Diamond Realty’s pipeline is the busiest it has been in its four-year history. That said, we suspect you are more interested in a sophisticated, detailed response. Look no further; we have your answers.

 

What…. Sectors?

At Black Diamond Realty, one of our competitive advantages is our thorough and detailed process. We track every single lead. This allows us to present you with accurate statistics that serve as a reflection of market demand across all sectors. Keep in mind our statistics are influenced by Black Diamond Realty’s current inventory of assets. The following statistics provide the number of sector leads since January 1, 2017:

Class A Office, Morgantown, WV
Suncrest Center, 1085 Van Voorhis Road  
  • 3,051 (+/-) square feet (part of Suite 150)
  • Fully customizable floor plan that can be built out to suit a tenants needs
  • Executive building co-tenants: Steptoe & Johnson, WVU Division of Diversity, Equality & Inclusion, WVU Faculty Staff Assistance, WVU Energy Institute, Clear Mountain Bank, an Kay Casto & Chaney
  • Located along a major thoroughfare 
  • 32,494 vehicles per day (WVDOH, 2015)
Land, Morgantown, WV  
Downtown Highly-Visible Corner Lot
960 University Avenue  
  • 1.45 acre corner lot of rare assemblage 
  • Zoning: B4 
  • All public utilities available on site
  • Located within walking distance to Downtown Morgantown, WVU,  shopping, restaurants, and the Wharf District
  • Located 3.4 miles from I-68, Exit 1
  • 22,107 vehicles per day (WVDOH, 2014)
Land, Morgantown, WV
Sabraton Commercial Land - Eljadid Street
  • 1.839 acres
  • Zoning: B-2 Service Business District 
  • All public utilities available on site
  • Immediate surrounding businesses include: KFC, U.S. Postal Service, Sheetz, Clear Mountain Bank, and Dunkin' Donuts
  • Located 0.5 mile from I-68, Exit 4 
  • 21,034 vehicles per day (WVDOH, 2014)
Flex Industrial, Morgantown, WV  
1644 Blue Horizon Drive 
  • 20,000 square feet of flex industrial space
    • 16,000 square feet warehouse/shop 
    • 4,000 square feet mezzanine/office 
  • 7.12 acres 
  • 1.5 acres of usable yard space 
  • Nine drive-in/grade level doors
  • 26' clear ceiling height 
  • Located 4 miles from I-79, Exit 155 
We want to make it as easy as possible for our clients to find exactly what they are looking for. Whether it be for office, industrial, investment, or land, we take pride in all of our offerings and believe each one has something special. Click the images below to see what's new in our inventory. Be sure to check out our latest pamphlet, which showcases all of our retail and restaurant offerings. 

Real Service. Real Value. Real Results.”