by Ted Benning, Benning Construction
Commercial real estate momentum grows
It was a sold out event, with more than1,500 people in attendance. The Chronicle put on a good event with a well-paced awards ceremony, good food and good company.
There was a great crop of deals to celebrate. We have come a long way from the 2009-2010 awards when there were so few deals in the current year that the event was named the “Deal of the Decade” awards!
The last five years we have seen many good and some not so good organizations fail. The storms of economic change hit the region. Many organizations were washed or blown away due to poor planning or the circumstances of change.
But many were not.
These organizations have had the leadership and good fortune to be able to operate at different capacities in an altered market place.
They have had the spirit of resurgence that marks Atlanta and the state of Georgia.
They did not give up while the winds of the storm were upon us. They have survived and if the “Best in Real Estate Awards” were any indication, it looks like a little modest business success is coming our way. The region is fortunate to have great leaders in the real estate industry. The state of Georgia is a great place to locate your business.
Without sounding like Chamber of Commerce commercial, I have traveled all over the world and there is no other place like Georgia when it comes to people, resources, transportation and communication. The Georgia Department of Economic Development is doing a great job attracting good business to Georgia.
Many local, city and county governments also see the value in cooperating with business to bring jobs and a better tax base to their communities. Developers are thinking “outside the box” of the early 2000’s to find adequate capital for real estate investments.
The real estate community knows how to assemble successful teams of real estate agents, architects engineers and contractors to bring the deals on line.
The momentum seems to be shifting in a positive way.
T.R. “Ted” Benning III is president of Benning Construction Company, a regional general contractor celebrating its 60th year in business.
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