Glennis Beacham Interviewed by Atlanta Business Chronicle About the State of Business in Buckhead

Posted by Dac Carver — May 19, 2010

ATLANTA – Beacham & Company, REALTORS® founder Glennis Beacham says in the May 7 issue of the Atlanta Business Chronicle that home sales in Buckhead are up 46 percent in the first quarter of 2010 from the same quarter a year ago. Beacham and three other Buckhead business leaders were asked how Buckhead has held up during the downturn compared with other metro Atlanta submarkets. Beacham said Buckhead’s rebound has far outpaced the rest of metro Atlanta, which is up just 6 percent.   1276664625Sam Massell, president of the Buckhead Coalition, was also quoted in the article in which business leaders discussed the state of Buckhead. Massell said Buckhead “was the last to be  ffected (by the downturn), but, as expected, is also the first to start to rebound.”   When asked how the Buckhead business community has shown resilience during the economic recession, Beacham credited the expertise of the Buckhead business community.   “There is incredible business acumen in Buckhead and many of us share ideas with one another,” Beacham said. “Most business people saw this downturn coming and made the adjustments necessary to weather the storm.”   The business leaders were also asked to identify the largest challenge to continued growth in Buckhead in the coming years. Beacham targeted the commercial real estate market and the high inventory of condominiums.   “The greatest challenge is filling empty office and commercial space,” Beacham said. ‘The office market was especially overbuilt the last few years, and we need for all the new space to be absorbed so new construction can start again.”   About Beacham & Company, REALTORS®                                                                       Beacham & Company, REALTORS® is a residential real estate company that specializes in Atlanta's most affluent neighborhoods. The company was founded in 2006 by Glennis Beacham, one of Atlanta's most celebrated real estate agents over the last 20 years. The firm has Atlanta's highest average sales price and the top selling office by closed dollar volume of homes sold. For more information about Beacham & Company, go to www.beacham.com or call 404.261.6300. Follow Beacham & Company on Facebook and Twitter.  

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