Commercial Real Estate in Memphis and our Galaxy

This mornings Commercial Appeal talks about Servicemaster moving their company headquearters to Memphis.

Memphis has doubled in the last year the number of Fortune 500 companies that call the city home, with International Paper, and now ServiceMaster, joining FedEx and AutoZone.

“There is a momentum in Memphis that has been developing for some time now, and having ServiceMaster relocate its headquarters here is another example of our diverse business environment,” said John Moore, president and CEO of the Memphis Regional Chamber. “It’s exciting that we have so much momentum in the community.”

What qualities does Memphis possess that would a motivate a Fortune 500 company to move their world headquarters from Chicago to Memphis, especially in light of the recent safest/least safe city rankings that show how dangerous Memphis can be?

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There’s an article on The Drudge Report today that says St. Louis is the most dangerous city in America. The complete rankings, from One (safest) to 371 (Most Dangerous) are available here. Our dear Memphis ranks in at number 359.

Other  cities of note:    Little Rock at #349 (That’s bad, not good, Arkansas). Nashville at #333, Chattanooga at #315, Las Vegas at #302, Knoxville at #297, and Los Angeles at #205.

The safest city in America is Brick, New Jersey. How funny is it that the safest city in America is in New Jersey? Good on ya, NJ.

The safest city in Tennessee? Read more »