Memphis Business Journal and Nashville Business Journal

By Stephen MacLeod

Memphis-based Boyle Investment Co. is the largest owner and operator of office space in the city as the company turns 90 years old.

The company has grown to be a large land and property holder in both Memphis and Nashville. Boyle is one of the largest developers in Nashville, with millions of square feet in office and retail.

The company isn’t done growing in either market, with plans underway for additional significant developments.

Franklin’s Popular Mixed-Use District Prepares for Addition of High-Profile Tenants,

More Community Gathering Spaces and Heightened Customer Experiences

The highly anticipated expansion of McEwen Northside, a 45-acre mixed-use urban district within Cool Springs, is on the horizon as construction begins on the site known as “Block E.” With an anticipated completion date of Spring 2025, Block E will take the McEwen Northside district to approximately 80 percent completion.

The 300,000-square-foot, $125 million expansion includes a nine-story, mixed-use building where high-profile tenants will activate dynamic office spaces and specialty retail storefronts and destination eateries will occupy the ground level. A new multi-level parking garage – conveniently connected to the state-of-the-art building via a covered walkway – will provide more than 900 parking spaces for visitors and employees.

Complete with interactive streetscapes and vibrant public art, Block E will be adjacent to McEwen Northside’s iconic Central Park, a thriving community gathering place. The block’s highly walkable and conveniently connected design continues to offer visitors a unique urban experience.

“With each addition to McEwen Northside, our focus is on enhancing the district’s well-earned reputation as a place for friends, families, and co-workers to enjoy time together,” said Phil Fawcett, Managing Partner of Boyle Investment Company. “In the busy hub that is Cool Springs, McEwen Northside is proud to present our residents and neighbors with opportunities for both work and play, including a truly unique mix of shopping and eating experiences, and we believe Block E will only strengthen McEwen Northside’s offerings as a premiere destination district.”

As McEwen Northside continues to evolve, the popular mixed-use district welcomes Designed Conveyor Systems (DCS) as one of the anchor tenants of Block E. The supply chain company specializes in designing and building material handling solutions for warehouse operations.

DCS will lease 46,000 square feet for its corporate headquarters, which will include a state-of-the-art, technology-enabled showroom, completely encased in a glass exterior.

“DCS understands that providing outstanding customer experience is fundamental to its industry leadership. By moving to McEwen Northside, DCS will have an exceptional setting to showcase its solutions and expertise. The advanced facilities will serve as a dynamic space for product demonstrations, meetings, and knowledge exchange, ensuring that customers receive focused attention and an enriching experience when engaging with DCS,” said Matt Ferguson, President of Designed Conveyor Systems.

Moreover, DCS values its employees as the driving force behind its ongoing success. The new lease at McEwen Northside will offer an inviting workplace designed to promote creativity, collaboration, and employee well-being.

DCS is excited about the opportunities that the McEwen Northside development presents. The move exemplifies the company’s dedication to prioritizing the employee and customer experience, fostering collaboration, and cultivating an environment that stimulates success.

There has been continued expansion throughout the year at McEwen Northside. New addition Finks, a fourth-generation, family-operated fine jewelry store, opened its doors in October 2023. Warby Parker, a lifestyle brand that offers designer eyewear while being a socially conscious business, opened at the end of September 2023. Soon to join the district are the group fitness gym Rumble Boxing (Fall 2023) and Blue Sushi Sake Grill. Pre-leasing has also begun for McEwen Northside Apartments Phase II. This exciting new apartment phase will add 428 more homes to the community, and hard hat tours have started for February 2024 deliveries. The Phase II experience features even better units, soaring amenities, another resort style zero entry pool and exciting new services like concierge and barista.

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About The Development

McEwen Northside

McEwen Northside is an inviting urban experience in the vibrant Cool Springs area of Franklin, Tennessee. The unique 45-acre mixed-use environment will include approximately 750,000 square feet of Class A office space, 113,000 square feet of restaurants and specialty retail, a 150-room business-class hotel, 770 luxury apartments, and upwards of 10 acres of beautifully designed green spaces to seamlessly connect the community.

Press

• NashToday
• WilliamsonSource
• ConnectCRE
• BizJournals
• ThewNewsTN
• WilliamsonHerald
• TheTennessean

The Commercial Appeal

By Jennifer Chandler

SOB has opened a location in Collierville.

The Memphis restaurant opened a new location in Collierville in the Schilling Farms development on Oct. 10 at 1329 W. Poplar Ave. It is the third location for the restaurant that started as “South of Beale” in Downtown Memphis.

“A lot of old regulars Downtown now have families in Collierville, so opening in this part of town seems right to us,” said Ed Cabigao, who owns the restaurant group with his wife, Brittany. “The area is growing, and we are excited to be a part of it.”

Here are three things to know about the new SOB restaurant.

A new look, with a nod to the past

“The restaurant definitely has a different aesthetic from the other two,” Ed Cabigao said. “The color palette harkens back to the original SOB with earthy tones like burnt orange and browns.”

The restaurant boasts a circular bar, as well as lots of booth seating. The restaurant also has an outdoor patio for al fresco dining.

At 3,900-square-feet, the Collierville SOB is the smallest of the three restaurants.

A new location, and a new menu

About three weeks ago, SOB rolled out a new menu at all its restaurants. The change was in anticipation of the Collierville opening.

“We brought back fan favorites,” Cabigao said. “The Duck Patty Melt, our Fried Pork Chop and our Gouda Mac-n-Cheese are all back.”

Since the Zaka Bowl has been such a popular menu item, Cabigao decided to add more bowls to the menu. Options now include a Shawarma Bowl (with grilled chicken) and a Carnitas Bowl (with shredded pork).

“Lola’s Bowl is a Filipino bowl with pork skewers, noodles and lumpia,” he said. “It’s inspired by what my mother used to make for us.”

From Downtown to Collierville — and what about that name?

Cabigao said when he was first approached about opening a location in Collierville, he didn’t know much about the neighborhood.

“We loved the building and the development that they are doing around it,” he said. “So, my wife Brittany and I did a lot of research and discovered that Collierville is a growing market. We decided that our concept would be well received there, so we moved forward.”

The Cabigaos opened their first restaurant, South of Beale, at 361 S. Main St. in the South Main Arts District in 2009. The restaurant always had the nickname “SOB” (short of South of Beale), and when the couple opened its second location, they started officially using the name SOB for the restaurants.

In 2020, the couple opened SOB East, its second location, at 5040 Sanderlin Ave. Then in 2021, the couple moved (and expanded) their Downtown restaurant to 345 S. Main St. The new space for the flagship restaurant is in a newly renovated historic building that was once the Ambassador Hotel.

The opening of the Collierville location is the fifth new project for the couple in 2023 alone. Earlier this year the couple bought The Liquor Store concept. After a remodel at the original location, a second of The Liquor Store opened in East Memphis in June. The couple also bought The Hen House on Mendenhall and Bangkok Alley in Collierville.

SOB Collierville will be open for lunch and dinner daily and for Sunday brunch.

SOB

Where: 1329 W. Poplar Ave., Collierville

Hours: 11 a.m.-9 p.m. Sunday-Thursday; 11 a.m.-10 p.m. Friday-Saturday.

Online: southofbeale.com

Boyle Investment Co. Ushers in 90th Year with Community-Minded Enhancements to Longstanding Mixed-Use District

FRANKLIN, Tennessee—The 60-acre Meridian Cool Springs development that helped establish Cool Springs as a destination district nearly 15 years ago is continuing its evolution with the addition of two new restaurant buildings and an amenity-rich, public green space near its entrance. Site construction began in late September at the property on Carothers Parkway, and is anticipated to be complete by late spring.

Home to a diverse blend of retail, restaurant, hospitality, and personal and professional services that complement more than 900,000 square feet of office space, Boyle Investment Company is utilizing Meridian Cool Springs’ enviable acreage in creative new ways to further establish the district as a can’t-miss destination.

“What we’ve seen in the market is that people — restaurant and retail patrons, office workers and tenants — are seeking the same thing, and that’s community,” said Mark Traylor, Director of Retail at Boyle. “Whether you’re a guest at a hotel, a restaurant or a spa customer, or you come to work at Meridian every day, we’re creating places where people can have positive experiences.”

“We were fortunate to be one of the first mixed-use developers to begin creating spaces that attracted a diverse group of retail and office tenants 15 years ago with Meridian Cool Springs, and to be in a position to leverage that early success with our other mixed-use projects like Berry Farms, Capitol View, and McEwen Northside that have also become destination districts.”

The two new freestanding restaurant buildings — a 1,400 square feet jewel box and a 4,700 square feet restaurant, respectively — will be connected by a nearly 5,000 square-foot public green featuring casual furniture and extensive landscape, hardscape and lighting elements that invite people to gather day and night.

“This formal open space will allow us to stage live music, movies, and other events year-round,” says Grant Kinnett, Retail Leasing Lead at Boyle. “Cool Springs is one of the strongest sub-markets in Middle Tennessee, and with these next phases, we are excited to further our long-standing mission for Meridian — to build and foster community.”

In addition to these new offerings, community members will see continued enhancements to Meridian’s state-of-the-art office and green spaces in future phases as the Boyle team strengthens the district to create even more unique experiences for all who visit.

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About the development

Meridian Cool Springs

Meridian Cool Springs is a vibrant, 60-acre mixed-use development located in the Cool Springs area of Franklin, Tennessee. Meridian delivers the conveniences of an urban atmosphere to a traditionally suburban area with 900,000 square feet of Class-A office space and more than 90,000 square feet of modern retail and restaurant space, including three on-site hotels. A hub for connection and community complete with pedestrian-friendly walkways and free parking, Meridian seamlessly blends work and play offerings in one convenient location

Les Binkley

Boyle Investment Company

Years in role: 11

Les Binkley joined Boyle Investment Co. in 2007, became Vice President in 2011, and has been Senior Vice President since 2022. He handles all aspects of real estate development for the firm.

In particular, he oversees the day-to-day for Boyle’s mixed-use projects and has taken a leading role as it has increasingly been involved in multifamily developments. Of note for Binkley are major projects in Collierville, such as Schilling Farms — including The Carrington and Carrington West — and Price Farms; East Memphis’ Ridgeway Center; Germantown’s Viridian Planned Development; and Fisherville Farms, stretching across Shelby and Fayette Counties.

Mark Halperin, EVP/COO, Boyle Investment Company

Mark Halperin is not often in front of the media, but he can get its attention whenever he wants it.  Halperin himself did make one headline this past year:  he was promoted to COO of the firm he has been with since 1973.  In 2018, Halperin helped land East Memphis a TIF district, despite it being opposed by some political heavyweights.  In his latest role at Boyle Investment Company, Halperin directs and oversees the operations of one of the region’s most powerful real estate firms, which has sizeable property portfolios in Memphis and Nashville.  In 2022, the company notably secured a hotel and South of Beale location in Collierville’s Schilling Farms and progressed toward a second phase of Williamsburg Shopping Center in East Memphis

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The Commercial Appeal

By Dima Amro

Schilling Farms Planned Development plans to add a TownePlace Suites by Marriott in its Water Tower District.

The Collierville Board of Mayor and Aldermen on Monday unanimously approved a preliminary site plan for a four-story, 110-room hotel at the Schilling Farms development for phase 73.

Town Planner Jamie Groce presented the site plan to the board as well as a traffic study and building designs.

The 68,335-square-foot hotel will sit on about 3 acres south of Poplar Avenue and west of Schilling Boulevard West and will also include a pool and 108 onsite parking spaces with two electric vehicle charging stations.

The outside of the hotel will consist of brick painted white, and the inside will contain mostly suites. Based on a traffic study from 2018, the hotel will have minor impact on the roadways.

The hotel is a part of the 54-acre Water Tower District, a mixed-use development with plans for multi-family residential units, hotels, retail shops and restaurants.

Now developers Schilling Enterprises LLC must create a final site plan for planning commission and board approval, then the board must approve a development

agreement. Once the board approves of the agreement, the developer can begin construction.

A date for construction has not been set yet.

The Commercial Appeal

By Jennifer Chandler

SOB is headed to Collierville.

The Memphis restaurant is opening a new location in Collierville in the Schilling Farms development in the spring. It will be the third location for the restaurant that started as “South of Beale” in Downtown Memphis.

“A lot of old regulars Downtown now have families in Collierville, so opening in this part of town seems right to us,” said Ed Cabigao, who owns the restaurant group with his wife, Brittany. “The area is growing, and we are excited to be a part of it.”

The new restaurant will be at the intersection of Poplar Avenue and Schilling Boulevard. The restaurant space is around 4,000 square feet, just slightly smaller than the Downtown SOB. The restaurant will also have an outdoor patio.

Cabigao said he thinks that the 4,000-square-foot footprint will be “the sweet spot” for his restaurant concept. “We are making this be the prototype for any locations we may do out of town,” he said, adding that further expansion of the brand is their goal.

The building in Collierville is currently under constructions.  Cabigao said that “in the best case scenario” the restaurant will open in April.

Cabigao said SOB is launching a new menu in coming weeks.  The new menu will be served at both existing locations, as well as the new Collierville restaurant.

“We are bringing back some of our greatest hits,” said Cabigao, listing dishes like SOB’s Mushroom and Carnitas Bowl.

Aaron Petree with Retail Strategic Advisors represented SOB and Jonathan Aur Commercial Real Estate represented Boyle, the property management company and owner of Schilling Farms, in the lease deal.

The Commercial Appeal

The Schilling Farms Water Tower District will see its first retail buildings constructed by the end of this year.

Infrastructure work for the district has been under way for two years, and now developer Boyle Investment Co. prepares to bring in retail businesses with tenants already in negotiations, said Boyle’s Executive Vice President Rusty Bloodworth.

The two retail buildings, 1329 and 1337 West Poplar Avenue, make up more than 21,000 square feet over 12 retail bays that range from 1,400 to 2,300 square feet. Bloodworth said the buildings will be ready by 2023.

FIRST PHASE & TIMELINE:Schilling Farms Water Tower District: Here’s a look at the first phase plans and timeline

He also said the spaces might be restaurants, banking facilities or retail shops.

Boyle partnered with Jones Aur to handle the leasing and encourages tenants to reach out.

The developer expects the retail shops to fulfill the needs of office workers in the Schilling Farms area and the rest of Collierville.

Bloodworth said construction on the initial residential phase will begin later this year and a hotel will undergo construction next year.

“We want to provide upscale amenities and services at Schilling Farms for our residents and office workers, as well as the broader Collierville community,” said Les Binkley, senior vice president of Boyle. “We anticipate a great mix of amenities highlighted by restaurants and convenient neighborhood-scale retail.”

The Water Tower District, a mixed-use development south of Poplar Avenue, covers about 54 acres and will bring multi-family residential units, hotels, retails shops and restaurants.

The Commercial Appeal

Officials from IMC Companies, the nation’s largest marine drayage company, and Tennessee Gov. Bill Lee cut the white ribbon Wednesday to celebrate the grand opening of IMC’s new corporate headquarters in Collierville.

“This is a great day at IMC,” said Mark George, chairman of the company. “It’s not just a building, it’s a 40-year celebration for our company.”

Under the morning sun, nearly 150 employees, families, friends and state and town officials gathered in front of the completed IMC headquarters, 1305 Schilling Blvd. West, for the ribbon-cutting ceremony welcoming the intermodal logistics company to Collierville.

George founded IMC Company, formerly headquartered in Memphis, in 1982 to provide services including marine drayage, expedited services, truck brokerage, warehousing and more.

In the fall of 2021, IMC announced its expansion to the town and completed the 75,000-square-foot corporate headquarters construction in early 2022. It is the first business in the Schilling Farms Water Tower District, Town Administrator James Lewellen said.

At Wednesday’s ceremony, George said the company hit $1 billion in sales cumulatively during its 40th anniversary, noting it is the second fastest-growing trucking company in the nation.

“Our building is wide open,” George said. “We are so happy to be here in Collierville.”

Those outside for the event shuffled into the three-story building for a look at the new headquarters with complimentary IMC items including a design-it-yourself T-shirt.

Lee compared IMC’s opening to Ford’s Blue Oval City project in Haywood County as a business set to help West Tennessee flourish with opportunities.

“If a state is going to prosper, it’s got to provide opportunity and security and freedom,” Lee said. “Opportunity comes when people like Mark and Melinda (George) make decisions 40 years ago to invest their capital and their future in this company and this state.”

Officials from IMC Companies, the nation’s largest marine drayage company, and Tennessee Governor Bill Lee cut the white ribbon Wednesday to celebrate the grand opening of IMC’s new $23-million corporate headquarters at Boyle’s 443-acre Schilling Farms mixed-use community in Collierville, Tennessee.

“This is a great day at IMC,” said Mark George, chairman of the company. “It’s not just a building, it’s a 40-year celebration for our company.”

George revealed that IMC recently exceeded $1 billion in revenues and is now the 38th largest trucking company in the United States.

Nearly 150 employees, families, friends and state and town officials gathered in front of the new IMC headquarters at 1305 Schilling Blvd. West for the ribbon-cutting ceremony welcoming the intermodal logistics company to Collierville.

George founded IMC in 1982 to provide services including marine drayage, expedited services, truck brokerage, warehousing and more. Boyle is pleased to welcome IMC to Schilling Farms, which is already home to a number of corporate headquarters facilities including Helena Agri-Enterprises, Mueller, MCR Safety, and Juice Plus.

Schilling Farms has definitely reached its goal of becoming the preferred location for office headquarters facilities in the greater Memphis region. These companies are choosing Schilling Farms for its walkability and great mix of office, residential, retail, medical and recreational uses all conveniently located in one community.

Mixed-use urban district Capitol View earned a gold award, the highest possible honor, at the 2021 ICSC Global Design and Development Awards, which recognizes outstanding achievement in the design and development of retail spaces and marketplaces worldwide.

“It is an honor for Capitol View to be recognized with this distinction. We sought to truly build community at Capitol View, to create a neighborhood that would blend with and enhance the surrounding area and serve the Nashville community,” said Mark Traylor, partner of Boyle Investment Company. “From the width of the sidewalks to retailer patios, to free parking and ease of access, Capitol View was designed with the user’s experience in mind.”

Capitol View brought the first full-service grocery store to downtown Nashville when Publix arrived in October 2019. The district also brought relief to the Gulch’s long-running park desert with Frankie Pierce Park and the Trolley Park green space, connecting the city’s greenway system and creating greater bike and pedestrian access.

“The hope is that, by adding this award to Capitol View’s list of honors, the work that is being done here inspires a focus on people-centric design that is both practical and exciting and that seamlessly blends with the history around it,” said Angelo Carusi, principal for Cooper Carry. “Capitol View’s winning this award shows a global recognition and appreciation for the work and intentionality that was put into this project, and we share that honor with every member of our team.”

Developed by Boyle, Northwood Ravin, and Northwestern Mutual, Capitol View is the product of a talented team of designers, architects, and engineers working together. Boyle developed the property alongside Northwood Ravin and Northwestern Mutual, while Cooper Carry executed the overall design and architecture of the structures. The Lighting Practice designed the lighting throughout the property, with Hoar Construction providing general contracting and Barge Design supplying the civil engineering needs. Kiser Vogrin was the architect for the landscaping, providing a more pleasing atmosphere for residents and visitors.

Boyle and Cooper Carry worked in tandem to incorporate elements that connect Capitol View to the buildings and communities that surround it. The use of brick complements the historic buildings nearby, and the original 100-year-old cobblestone was repurposed and incorporated as part of the pedestrian crosswalks. Capitol View’s design further offers a feeling of connectivity through its physical links to Nashville’s corporate offices and the greenway and parks system. The neighborhood also supplies its own green space for residents, office tenants, and visitors alike.

Since breaking ground in 2016, Capitol View has received several awards, including Green Globes ® certification, ULI Nashville’s Excellence in Development award, and the title of “Development of the Year” from NAIOP Nashville for the 1100 Charlotte Ave. mixed-use tower. Capitol View is home to numerous companies, retail, and restaurants, including HCA Healthcare, the Nashville Area Chamber of Commerce, ProviderTrust, Healthstream, Tune, Entrekin & White Law, Publix, Central BBQ, L.A. Green, VSL Nail Salon, Rukus Cycling Studio, CareNow Urgent Care, Pinnacle Financial Partners, and Hampton Inn & Suites.

“It is an honor for Capitol View to be recognized with this distinction. We sought to truly build community at Capitol View, to create a neighborhood that would blend with and enhance the surrounding area and serve the Nashville community,” said Mark Traylor, partner of Boyle Investment Company. “From the width of the sidewalks to retailer patios, to free parking and ease of access, Capitol View was designed with the user’s experience in mind.”

Links:

Of Note: 25 February 2022 | People | nashvillepost.com