Memphis, TN is located in the southwest corner of the state of Tennessee and is the seat of Shelby County. Located at the southern confluence of the Mississippi and Wolf rivers, it has an estimated population of about 670,100, thus making it one of the largest cities of the state of Tennessee and it is the 19th largest city in the United States. Memphis is one of the youngest of all the major cities along the Mississippi river located in the “Mid South.”
The central location of the city was a major factor in much of the business development. It is located in the Mississippi river and most if the roads and highways are intersected with freight railroads. The city is ideal for commerce with the shipping and transportation of the freight industry. There are even river barrages that are unloaded in to trucks and trains. The city is also the home of Memphis International Airport which is the busiest cargo airport and also serves FedEx express shipping and is the secondary hub for the Northwest Airlines.
Memphis is also home to some Fortune 500 companies and is also a strong area for pharmaceutical and healthcare. Many of these company’s research and development centers are located in Memphis. Currently, the city’s economy is exploring the media and entertainment industry. Various motion pictures have been filmed in Memphis.
Even with the tough times facing businesses today, many business opportunities can still be found in Memphis. In the city, there are various personal centers and a wide range of offices where one can get numerous external facilities. Because of the current economic times, commercial office space and suites are available at much lower rates with modern facilities available. Some Memphis executive office suites can range between $700-800 and in some cases the lease or rental rates are available for the price of $10-$12 per square foot. In some cases 10,000-14,000 square foot floor plans are available with all modern amenities available. Some of the common amenities available at many Memphis executive office suites are:
Office Facilities
Furnished
Lounge Areas
Meeting Rooms
Shared Space
Reception
Admin Support
Manned Reception
Telephone Answering
Security
Alarm Security
IT Help
Broadband Access
Telephone System
Amenities
Twenty Four Hour Access
Air Conditioning
Handicap Accessible
Elevators
On Site Car Parking
Businesses searching for commercial space may also be able to find shared conference rooms and even kitchenettes which employees always appreciate. Most business centers available in Memphis are pre decorated and most are available along with broadband, telephone and internet.
If your business is on the search for Memphis executive office suites look to us as your expert real estate agent as we have properties in downtown Memphis, central Memphis and near the Ridgeway Center Parkway. Prior to move in, be firm with negotiations as the current economic times have loosened lease agreement standards for landlords.