Formerly the international headquarters, in continuous succession, for Holiday Inn Corporation, the Promus Companies and Harrah’s Entertainment, Inc., Oaksedge Office Buildings 1 and 2 are currently the headquarters for Wright Medical Group. Wright Medical Group N.V. is a global medical device company focused on Extremities and Biologics.
In July of 1985, the Board of Directors of Holiday Inns, Inc. (HI) decided to relocate the Executive Division of HI off of Lamar Avenue to a more secure office setting in which to entertain HI's many franchisees and potential franchisees. President Mike Rose found the desired setting at 1023 Cherry Road in Memphis and purchased the estate from the Butler family.
In the early 1990's, the Holiday Inn brand was sold to Bass, PLC. The remaining employees and executives former a new company, the Promus Companies, which retained the Cherry Road campus as its headquarters. Promus built Building 2 in 1995.
In 2000, the campus was purchased by R. Brad Martin.