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Corporate Headquarters/Office/Call Centers

Over the past few years, Memphis has been chosen as the location for two of the nation's largest companies. In 2005, International Paper relocated its global headquarters from Stamford, CT to Memphis. In 2006, ServiceMaster announced the relocation of its corporate headquarters from Chicago to Memphis. These great companies joined others like FedEx and AutoZone and have discovered the advantages of calling Memphis home.

Did you know:

• FedEx employs over 30,000 Memphians.
• Corporate real estate rates in Memphis are some of the lowest in the nation.
• Memphis' low cost of living and low taxes means corporate workers have more money in their pockets.
• Memphis International Airport offers close to 291 flights per day and 88 direct flights.

Corporate Shared Services Centers

An increasing number of companies are turning to the concept of "shared services" to lower operating expenses and gain competitive advantage. With our low cost of real estate, plentiful universities and training facilities, and extremely low cost of living, Memphis is the ideal location for corporate office, back-office and shared corporate service facilities.

Memphis offers the perfect environment for these types of facilities and shows strength in the following areas.

• Financial shared services centers: These frequently include accounts payable, accounts receivable, general ledger, travel and entertainment expense, purchasing, and other financial and accounting activities.
• Human resources shared services centers: These commonly include payroll, compensation and fringe benefits, and general human resources administration.
• Information technology shared services centers: Typically included in these centers are computer help-desk functions, vendor-relations management, and overall IT administration.
• Hybrid shared services centers: These may combine elements of financial, human resources, and IT shared services as well as other corporate support activities, such as real estate facility management and legal services.

Recent Office Projects in Memphis: