Boyle Acquires Two Parcels in Germantown

MEMPHIS, TN – December 13, 2021– Boyle Investment Company (Boyle) has acquired two parcels in the city of Germanton, Tennessee.  The first is a 52.41-acre lot along Winchester Road between Forest Hill Irene Road and Houston Levee Road.  The property is bordered by Winchester Road on the north, Crestwyn Hills Drive on the south and east, and Tyndale Drive on the west.  The second parcel is a 2.75-acre corner lot at the southeast corner of Forest Hill Irene Road and Crestwyn Hills Drive.

Both parcels are zoned T-5 Smart Growth in Germantown, which is a mixed-use zoning designation that permits a multitude of land uses such as retail and restaurants, office, hotel, and various residential types ranging from apartment buildings to single family detached housing.

“The City of Germantown has been eager to find a master developer to carry out their vision created in the Forest Hill Height Small Area Plan,” said Les Binkley, Vice President of Boyle.  “This acquisition puts us squarely in the heart of the plan.  We look forward to working with the city to carry out the plan as we feel we are in a unique position with our history of development in Germantown.  We also bring a wealth of expertise in developing large-scale, mixed-use communities.  It is Boyle’s goal to create a neighborhood that stands the test of time.”

Boyle Investment Company is one of Memphis’ oldest real estate development firms specializing in office, retail, mixed-use and residential properties.  Founded in 1933, our services include development, management, sales, leasing and insurance.  Visit us on the web at www.boyle.com.