The Shenandoah Valley was recognized as an emerging industrial market to watch in 2019.
Global Commercial Real Estate Firm, Colliers International, predicts that The Valley will be one of ten areas nationwide to provide the most opportunity for both investors and residents. Industrial researchers say the key strengths of the valley include space for development and proximity to the metro Washington D.C., Baltimore and Ohio valley areas.
“The region as a whole is very strong on an industrial level as well as office level, housing, pretty much every form of development has been very strong and is showing no signs of slowing down,” said City of Winchester development services director Shawn Hershberger.
The real estate firm says development has remained steady throughout the region and in 2018, The Valley topped the charts with a decade high.