Local firms have felt the initial impact of Electrolux moving to Memphis to the tune of $64 Million in contracts
When Memphis Invest, GP travels to different parts of the country meeting with investors, one of the first suggestions we make is to forget about the houses for the time being and concentrate on the market. More to the point, concentrate on the economics of the market and the fundamentals of that economy. Memphis and even Dallas, which is our newest market (more on that later) both have strong economic prospects. Once an investor has identified that the market they are studying, then the team and investment property decisions can be made.