Adams Keegan expands corporate HQ
By Andy Ashby – Reporter, Daily Memphian
March 17, 2026
Adams Keegan, a national human resources service provider, is expanding its corporate headquarters in East Memphis.
The company is expanding by 7,132 square feet in the Forum I building at 6750 Poplar Ave. It now leases 31,401 square feet, up from 24,269 square feet in the eight-story, 162,529-square-foot Class A office building.
“This investment reflects the strong momentum we’re seeing as businesses across the country look for an experienced partner to help manage HR, payroll, benefits, and compliance,” said Jay Keegan, CEO of Adams Keegan.
Adams Keegan also has offices in Atlanta, Dallas and Nashville.
“While our portfolio of clients spans the nation, Memphis has always been our home base,” Keegan said. “We’re proud to continue strengthening our presence here and double down on the future of Memphis and its workforce.
A larger headquarters will allow us to further develop our team and deepen the expertise that serves clients in industries like hospitality, senior care, restaurants, nonprofits and small businesses.”
Hertz Investment Group bought the property in 2012. It had a maturity default last year, where the loan matured in 2024 and Hertz did not pay off the loan balance.
The property went to a special servicer, Rialto Capital, which appointed Avison Young locally as receiver to handle leasing and property management.
It’s part of the Forum, a three-building office complex that includes Forum II and Forum III for a total of 340,328 square feet. Hertz owned all three properties.
Mike Driscoll, vice president at JLL, represented Adams Keegan on the lease while Michael Morgan, and Michael Donahoe with Avison Young represented Rialto.
“Adams Keegan was greatly concerned about the maturity default and the receiver situation,” Morgan said. “We spent a great deal of time discussing the situation at the property level.
“A maturity default is much different than a monetary default,” he said. “The situation at Forum is unique, in that the property is still healthy and there is money to be spent on leasing. Ultimately, Adams Keegan felt comfortable and we were able to consummate a deal to remain at Forum.”
The three Forum buildings are 74.1% leased. In addition to Adams Keegan, the properties have TruGreen, SouthState Securities, Northwestern Mutual, Share One, Microsoft, and Hargrove Engineers as tenants.
Avison Young is going to continue doing what it’s currently doing, instilling confidence in existing tenant that the building are functional and healthy, Morgan said.
“Demand for the buildings is strong, and we will continue to transact on accretive deals that improve the quality and value of the properties,” he said.
