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.

Nashville Business Journal

Boyle Investment Co. has named both a new president and CEO and a new chairman, effective immediately. Matt Hayden has been appointed president and CEO. He succeeds Paul Boyle, who has been promoted to chairman.

Henry Morgan Jr. and Bayard Morgan have been named vice chairmen, and Bayard Boyle Jr. and Henry Morgan Sr. have been named co-chairmen emeritus.

Hayden’s promotion comes after rising in the ranks at Boyle. He joined the real estate company in 2014 as deputy treasurer and became its treasurer and CFO in 2016. Prior to joining Boyle, Hayden had prominent roles with Memphis companies Wunderlich Securities Inc., as a senior vice president, and at Morgan Keegan & Co., as a first vice president.

As Boyle’s CFO, Hayden oversaw the financial accounting and reporting on a large portfolio of investment properties, which included 150 real estate entities comprised of different investors.

“I never envisioned [being CEO] when I joined Boyle,” Hayden told Memphis Business Journal, a sister publication to the NBJ. “Working with the Boyle and Morgan families and the key executives here, one thing led to another. It was never in my mind that I’d be in this position, but I’m very grateful to be.”

Hayden sees himself in the role for a long time at a firm with a history dating back to 1933.

“While it’s a new step for the company [by] promoting me to president and CEO, there’s not going to be a major change, necessarily,” he said. “The company’s direction is to help our board and key executives continue to do what we’ve been doing, and try to grow stronger as a company over the next 10 years as we reach 100 years old.”

Memphis-based Boyle has 135 total employees, including more than 30 at its Nashville office. The company collectively manages 8 million square feet of commercial space in the Memphis and Nashville metros.

Phil Fawcett is the managing partner of the firm’s Nashville office. Its local projects include Capitol View and McEwen Northside, among others.

Brentwood Homepage

Boyle Investment Company has appointed Matt Hayden president and CEO.

Hayden will oversee the management, finance and operations of Boyle and its affiliated companies, Boyle Nashville LLC and Boyle Insurance Agency, with a total of approximately 135 employees.

Boyle Investment Company will celebrate its 90th anniversary next year, and Hayden will work directly with the company’s chairman Paul Boyle, vice chairmen, Henry Morgan Jr. and Bayard Morgan, and senior managers to continue to guide the strategic direction of the company.

Boyle oversees a number of properties in the Nashville area, including Berry Farms, Meridian Cool Springs, McEwen Northside and CityPark Brentwood in Williamson County.

Hayden joined Boyle in 2014 as deputy treasurer. In 2016, he was promoted to CFO and since then has overseen all finance, tax accounting and refinancing activities of Boyle and its affiliates, and played a major role in property acquisition/disposition decisions. Hayden also oversees the company’s investment fund, Midsouth Capital Fund, its investment committee, and its acquisition/disposition analysis of properties.

“For the past six years as CFO of Boyle, Matt has successfully handled a wide range of responsibilities that were extremely complex and involved the oversight of financial accounting and reporting for a large portfolio of investment properties, including 150 different real estate entities composed of different investors,” Boyle said in a press release.

“Matt has the experience, the ability to handle complexity, an exceptional analytical ability and the human touch to lead Boyle Investment Company to the next level,” added Bayard Boyle Jr. and Henry Morgan Sr., co-chairmen emeritus of Boyle.

“Since joining Boyle nearly a decade ago, Matt has contributed hugely to the company’s growth,” said Mark Halperin, executive vice president and COO of Boyle. “We are confident that Matt is uniquely qualified to oversee the operation and management of our Memphis office, now the largest office landlord in the Greater Memphis region, and our Nashville office, one of the largest private developers in the Greater Nashville area.”

Boyle now manages approximately 8 million square feet of commercial space in the Greater Memphis and Nashville markets. Boyle Nashville owns and manages almost 4 million square feet of office and retail space, as well as a projected 5 million square feet in the development and planning stages.

“Matt’s extensive experience prior to joining Boyle, and his deep understanding of our values and commitment to building community, make him the perfect candidate to lead Boyle into our 100th anniversary over the next decade and beyond,” said Boyle partner Phil Fawcett. “We are confident in the future of Boyle and our next generation of leadership with Matt at the helm.”

Prior to joining Boyle, Hayden gained a wealth of knowledge and experience in the areas of accounting, corporate finance, and mergers and acquisitions. He was previously a senior vice president with Wunderlich Securities, Inc., in the investment banking group, where he specialized in advising companies on mergers and acquisitions and capital-raising transactions in the financial services, industrial and energy sectors.

Prior to Wunderlich, he was a first vice president with Morgan Keegan & Company, Inc., where he specialized in transactions in the transportation, industrial and financial services sectors. Hayden also performed assurance and advisory services for public and private companies with Ernst & Young.

“I am humbled, honored and excited about this opportunity,” Hayden said. “Since joining Boyle, I have learned so much about the company, its operations and culture from a team of long-term industry executives who developed a significant amount of real estate in the Greater Memphis and Nashville markets. Along with the Boyle and Morgan families, these executives have been key in preparing me for this new role.”

Hayden succeeds Paul Boyle, who has served as president of Boyle since 2013 and has been promoted to chairman. Henry Morgan Jr. and Bayard Morgan have been named vice chairmen, and Bayard Boyle Jr. and Henry Morgan Sr. have been named co-chairmen emeritus.

The Daily Memphian

Memphis-based Boyle Investment Co. announced a new president and CEO on Wednesday, Aug. 31.

Matt Hayden will transition into the new leadership role with the company on Aug. 31. He’ll oversee management and operations with Boyle, Boyle Insurance Agency and Nashville-based Boyle Nashville LLC.

Hayden has been with the company since 2014. First as a deputy treasurer then as its chief financial officer in 2016. Hayden has been overseeing the company’s investment fund, the Midsouth Capital Fund. Prior to joining Boyle Hayden served in leadership roles with Wunderlich Securities Inc. and Morgan Keegan and Company Inc.

“For the past six years as chief financial officer of Boyle, Matt has successfully handled a wide range of responsibilities that were extremely complex and involved the oversight of financial accounting and reporting for a large portfolio of investment properties, including 150 different real estate entities comprised of different investors,” Boyle chairman Paul Boyle said in a statement.

Hayden will replace Paul Boyle who has served as president since 2013. Paul Boyle will take over as chairman of the company.

In addition to the president and CEO change, the real estate company announced Henry Morgan Jr. and Bayard Morgan as vice chairmen. Bayard Boyle Jr. and Henry Morgan have been named co-chairman emeritus.

Boyle was founded in 1933 by Bayard Boyle Sr., Snowden Boyle and Charles Boyle. Since the company has grown to 135 employees and its portfolio includes over eight million square feet of real estate holdings.

The company opened its Nashville offices in 2001.

Memphis Business Journal

By Stephen MacLeod

Boyle Investment Company has named both a new president and CEO and a new chairman, effective immediately.

Matt Hayden has been appointed president and CEO. He succeeds Paul Boyle, who has been promoted to chairman.

Henry Morgan Jr. and Bayard Morgan have been named vice chairmen, and Bayard Boyle Jr. and Henry Morgan Sr. have been named co-chairmen emeritus.

Hayden’s promotion comes after rising in the ranks at Boyle. He joined the real estate company in 2014 as deputy treasurer and became its treasurer and CFO in 2016. Prior to joining Boyle, Hayden had prominent roles with Memphis companies Wunderlich Securities Inc., as a senior VP, and at Morgan Keegan & Co., as a first VP.

As Boyle’s CFO, Hayden oversaw the financial accounting and reporting on a large portfolio of investment properties, which included 150 real estate entities comprised of different investors.

“I never envisioned [being CEO] when I joined Boyle,” Hayden told MBJ. “Working with the Boyle and Morgan families and the key executives here, one thing led to another. It was never in my mind that I’d be in this position, but I’m very grateful to be.”

Hayden sees himself in the role for a long time at a firm with a history dating back to 1933.

“While it’s a new step for the company [by] promoting me to president and CEO, there’s not going to be a major change, necessarily,” he said. “The company’s direction is to help our board and key executives continue to do what we’ve been doing, and try to grow stronger as a company over the next 10 years as we reach 100 years old.”

Boyle is one of Memphis’ largest private companies, with 135 total employees, including more than 30 at its Nashville office. The company collectively manages 8 million square feet of commercial space in the Memphis and Nashville metros. In 2020, Boyle and partners acquired several high-level Memphis office buildings — including International Place II, and Triad Centre I, II, and III — from Highwoods Properties.

MEMPHIS, Tenn., August 31, 2022 – Boyle Investment Company (Boyle) has appointed Matt Hayden President and CEO.  He will oversee the management, finance and operation of Boyle and its affiliated companies, Boyle Nashville, LLC and Boyle Insurance Agency, with a total of approximately 135 employees.  Boyle will celebrate its 90^th anniversary next year, and Hayden will work directly with the company’s Chairman Paul Boyle, Vice Chairmen Henry Morgan, Jr. and Bayard Morgan, and senior managers to guide the strategic direction of the company.

Hayden joined Boyle in 2014 as Deputy Treasurer.  In 2016, he was promoted to CFO and since then has overseen all finance, tax accounting, and re-financing activities of Boyle and its affiliates and played a major role in property acquisition/disposition decisions.  Hayden also oversees the company’s investment fund, Midsouth Capital Fund, its investment committee and its acquisition/disposition analysis of properties.

“For the past six years as CFO of Boyle, Matt has successfully handled a wide range of responsibilities that were extremely complex and involved the oversight of financial accounting and reporting for a large portfolio of investment properties, including 150 different real estate entities comprised of different investors,” said Paul Boyle, Chairman of Boyle.

“Matt has the experience, the ability to handle complexity, an exceptional analytical ability, and the human touch to lead Boyle Investment Company to the next level,” agreed Bayard Boyle, Jr. and Henry Morgan, Sr., Co-Chairmen Emeritus of Boyle.

“Since joining the company in 2014, Matt has contributed hugely to the company’s growth,” said Mark Halperin, Executive Vice President and COO of Boyle.  “We are confident that Matt is uniquely qualified to oversee the operation and management of our Memphis office, now the largest office landlord in the greater Memphis region, and Boyle Nashville, LLC, one of the largest private developers in the greater Nashville area.”

Boyle now manages approximately eight million square feet of commercial space in the greater Memphis and Nashville markets.  In 2020, Boyle acquired, with partners, additional office buildings in Memphis from Highwoods Properties and hired nine Highwoods employees, bringing together the most experienced office leasing and property management team in the Memphis area.

Prior to joining Boyle, Hayden gained a wealth of knowledge and experience in the areas of accounting, corporate finance and mergers and acquisitions.  He was previously a Senior Vice President with Wunderlich Securities, Inc. in the investment banking group, where he specialized in advising companies on mergers and acquisitions and capital-raising transactions in the financial services, industrial and energy sectors.  Prior to Wunderlich, he was a First Vice President with Morgan Keegan & Company, Inc., where he specialized in transactions in the transportation, industrial and financial services sectors.  Prior to Morgan Keegan, he was with Ernst & Young, where he performed assurance and advisory services for public and private companies.  Hayden holds both a bachelor and master’s degree in accounting from the University of Mississippi and is a Certified Public Accountant (inactive).

“I am humbled, honored and excited about this opportunity,” said Matt Hayden, President and CEO of Boyle.  “Since joining Boyle, I have learned so much about the company, its operations and culture from a team of long-term industry executives who developed a significant amount of real estate in the greater Memphis and Nashville markets.  Along with the Boyle and Morgan families, these executives have been key in preparing me for this new role.”

Hayden succeeds Paul Boyle, who has served as President of Boyle since 2013 and has been promoted to Chairman.  Henry Morgan, Jr. and Bayard Morgan have been named Vice Chairmen, and Bayard Boyle, Jr. and Henry Morgan, Sr. have been named Co-Chairmen Emeritus.

Founded in 1933 by Bayard Boyle, Sr. and his two brothers, Snowden and Charles, Boyle Investment Company is one of the oldest real estate development, management, sales and leasing firms in Memphis.  In 2001, Boyle opened a Nashville office, which has grown from two principals to 34 employees and is actively developing major large-scale, mixed-use projects including Capitol View, Berry Farms, Meridian Cool Springs, McEwen Northside and CityPark.  Boyle is known in Memphis for developing complex mixed-use projects such as Ridgeway Center, Humphreys Center, and Schilling Farms in Collierville, as well as for its many high-end residential communities, such as River Oaks and Spring Creek Ranch.  Boyle’s real estate portfolio consists of more than eight million square feet of commercial space, multiple high-end residential communities, multi-family communities and extensive land holdings.

Visit us on the web at www. Boyle.com

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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.

Boyle Investment Company (Boyle) has commenced construction and begun leasing efforts on two new retail buildings at the 443-acre mixed-use Schilling Farms community in Collierville, Tennessee.

The new retail component is part of the new 54-acre Water Tower district at Schilling Farms and is located on a 2.87-acre corner lot at the southwest corner of Poplar Avenue and Schilling Boulevard West. The two buildings at 1329 and 1337 West Poplar Avenue comprise more than 21,000 square feet spread over twelve retail bays ranging from 1,400 to 2,300 square feet in size. Boyle is developing and managing the project and has partnered with Jones Aur to handle the leasing. Negotiations are underway with a number of current and new-to-market prospects. For leasing information, contact Jonathan Aur of Jones Aur at (901) 538-6363 or jaur@jonesaur.com. The project was designed by LRK and Patton & Taylor Construction Company is the general contractor.

“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.”

Schilling Farms has fast become the location of choice for office headquarters facilities including IMC, Helena Agri-Enterprises, Mueller, MCR Safety, and Juice Plus. The retail development will be a great amenity for the workers at these corporate offices, which are located within walking distance of the new retail buildings. The Water Tower district is centered around a water tower similar to the one on the site when it was a working farm decades ago and will include residential, office and retail components in a pedestrian-friendly neighborhood.

Founded in 1933, Boyle Investment Company is a Memphis real estate development, management, sales and leasing firm specializing in office, retail, mixed-use and residential properties. Visit us on the web at www.boyle.com.

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ABOUT THE DEVELOPMENT

Schilling Farms

Part of the 443-acre master planned Schilling Farms community in Collierville, these two buildings offer 19,040 SF of retail space in a walkable neighborhood environment.  Schilling Farms neighbors include:  IMC Companies; Helena Agri-Enterprises, LLC; MCR Safety HQ; Juice Plus HQ; Mueller Industries HQ; Schilling Farms Lower School; YMCA; Rainbow Child Care Center; Schilling Farms Business Center; banks; medical offices; Cheffie’s Café; Burn Boot Camp; Pure Nails & Salon; and Merle Norman.

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.”

Schilling Farms is pleased to offer two new daycare options for the convenience of the employees who work at the many corporate headquarters, businesses, shops and medical offices within the mixed-use community in Collierville, Tennessee.

The Learning Experience at 780 E. Winchester Boulevard opened in spring 2021 and makes early education and daycare engaging and fun.

Another great daycare option is Crescent Drive KinderCare at 105 Crescent Drive near East Winchester Boulevard.  At KinderCare, the teachers create a nurturing classroom where they help students build confidence by trying new things.  Everything in the center is carefully selected to help students learn and grow from their literature to the play area.

Schilling Farms has fast become the preferred location for corporate headquarters, and the convenience of these daycare centers is a definite plus for the employees of these companies.