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“Hot growth for a cool city in the South” is more than a slogan and, in fact, only begins to imply the pending dynamic growth that provides a bright outlook for Memphis’ future. Memphis’ job growth clearly spells out the momentum that is beginning to build and sets the stage for investors getting in early while properties cash flow and then appreciate in value, which is the key to successful real estate investing. Apartment occupancies are fueled by new job growth and new jobs are still coming! Memphis is a unique city in terms of its diversified economy which helps to avoid the pitfalls of the boom and bust economies of the past. The synopsis of job announcements made by local newspapers as well as Memphis’ Regional Chamber indicates that potentially over 26,000 new jobs will begin hitting the ground over the next few years. This clearly spells opportunity for the savvy real estate investor.
We have built our firm on serving others and helping find investment opportunities in the greater Memphis area that make sense for your portfolio. May we serve you?
Memphis Fact Nissan North America is launching a 413,000-square-foot parts distribution center in southeast Shelby county, Memphis, TN (Source:Commercial Appeal 12.15.06)