Known as the “Home of the Blues & Birthplace of Rock ‘n’ Roll”, Memphis is a vibrant market full of history, entertainment, and industry. Memphis is the 2nd largest city in Tennessee with an MSA population of 1,332,305. Three Fortune 500 companies are headquartered in Memphis, including FedEx, AutoZone, and International Paper. FedEx is the area’s largest single employer, with 35,000 local jobs and a massive 89-acre, 1.1 million SF headquarters. Downtown Memphis is highlighted by First Horizon Bank’s headquarters and The University of Tennessee Health Science Center. The government and school system also account for over 50,000 jobs. Several healthcare systems including Methodist Le Bonheur, Baptist Memorial, St. Jude’s, Saint Francis, and Regional One provide over 3,400 hospital beds to residents. Other household employers include Walmart, Nike, Kroger, and Cigna. The University of Memphis is one of Tennessee’s highest-ranking public universities, and Memphis is also home to the NBA franchise Memphis Grizzlies. Two of Memphis’ suburban neighborhoods (Germantown and Collierville) are among the top places to live in the state. The apartment market is composed of 501 properties and over 100,000 units.