July 22, 2015

Boyle Launches Humphreys Project

 


By Terry Hollahan
– Memphis Business Journal –

 

Developer:
Memphis based Boyle Investment Company.

Latest Project:
New 50,000-square-foot medical building.

Memphis-based Boyle Investment Company is launching a 50,000-square-foot medical building at the Humphreys Center in East Memphis that will become home to The West Clinic.

A group of 11 physicians and 100 employees specializing in medical and gynecological oncology, hematology and radiology, The West Clinic operates from offices on Moriah Woods and Southcrest Parkway.

The two-story building at 100 N. Humphreys will be built across the street from the U.S. Postal Service regional headquarters facility that Boyle developed, near the campus of Baptist East Hospital.

“We are pleased to have Memphis’ premier group of oncologists, The West Clinic, as the primary tenant at 100 N. Humphreys,” says Mark Halperin, senior vice president of Boyle who handled the transaction.

Carolyn Harper, business administrator for The West Clinic, says the location offers the group several advantages.

“The building provides our physicians and patients with easy access to Baptist East Hospital, and yet offers a convenient location without congestion,” Harper says.

“In addition, the building will offer our patients access to a peaceful, outdoor area that includes a lake with lovely landscaping and benches,” Harper says. “We like to offer everything we can to make our patients’ visits a little easier, and we think this outdoor setting will prove to be a tremendous asset.”

Founded 20 years ago, The West Clinic has developed a unique nonclinical program for patient support. The WINGs program provides a variety of services to improve the quality of life for patients, including patient mentoring; patient support groups; complimentary therapies such as yoga, massages and tai chi; exercise programs; and journalizing.

The Class A building’s design will be similar to that of Boyle’s corporate office building at 6305 Humphreys, made of precast concrete with amenities that include nine-foot ceilings and column-free space.

Mid-America Construction Company in Memphis is the general contractor for the project and the architect is Fleming & Associates of Memphis. The building should be ready for occupancy by October 2000, which will mark the third office building Boyle has delivered at the Humphreys Center in a two-year span.

Tenants currently in two nearby office buildings include Data Communications Corp., lending company Financial Federal Savings Bank and brokerage firm Wunderlich Securities.

The West Clinic will occupy at least half of the new 50,000-square-foot building, but plans are ongoing to determine how much space the group will need. The remaining space will be available for lease.

Halperin says Boyle plans to eventually launch another 50,000-square-foot office at a site adjacent to 6305 Humphreys.

Boyle’s project is the latest of numerous office construction projects either underway or announced that point to strong demand in the Memphis market. The amount of new construction scheduled for delivery this year and in 2000 will easily surpass total delivery of about 1 million square feet recorded in 1988 and 1989.

Other new office construction projects slated for delivery next year include:

A 100,000-square-foot building at Memphis-based Clark & Clark’s Lenox park in the Nonconnah Corridor.

Boyle’s Morgan Keegan building in Ridgeway Center, 150,000-square-feet.

Memphis-based Weston Company’s Renaissance Center in the Poplar Corridor, 200,000 square feet.

Raleigh, N.C.-based Highwoods Properties, Inc.’s first Shadow Creek building at Southwind, 75,000 square feet.

Humphreys Center:
A 300-acre, multi-use development stretching east from I-240 at Walnut Grove to Kirby Parkway.