Today East Memphis is the largest submarket of Class A office space with very low vacancy, the actual center of Memphis business as opposed to Downtown alone, not the greater central business district (Memphis Medical Center, Uptown, S. Main Street, etc.). The East submarket (proper) has approx. 100 office buildings approaching 10 million square feet. This gives Memphis the distinction of being a "dual core" city. Although, Downtown & the historical central business district of Memphis still dominate with tourism, medical industry, sports & entertainment as it boasts 2 Fortune1000 corporate headquarters as well.
