BOYLE NEWS
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Approval sought for next phase of North Gulch project
March 01, 2017
The development team overseeing Capitol View will go before the Metro Planning Department Downtown Code Design Review Committee on Thursday, March 2, to request modifications for a proposed 10-story mixed-use building. The request will include build-to zone, stepbacks, ground-level uses, glazing and parking structure screening standards, according to a document filed with Metro. Planning Department […]
Editorial: As a City with a Plan, Memphis Will Compete
February 03, 2017
Memphis Business Journal, February 3, 2017 “This is our shot.” So said local CRE titan Rusty Bloodworth at the start of a Feb. 1 event, “Why comprehensive planning is good for business,” presented by ULI Memphis and MBJ. Bloodworth moderated a program that brought in several luminaries in the world of comprehensive planning, and the “this” Bloodworth […]
Skills Prevail: New Projects Have Cemented Boyle Investment as a Premier Developer
February 01, 2017
By Tim O’Connor Construction Today Magazine February 2017 By Tim O’Connor Boyle Investment Co.’s most valuable asset is its experience. The 84-year-old company has an extensive portfolio that includes most any kind of development imaginable, from suburban subdivisions to massive downtown mixed-use projects, hotels, and office and retail facilities. . “Boyle is one […]
Need office space? Memphis’ average rent down slightly
January 25, 2017
The Commercial Appeal By Tom Bailey The average asking rent fell to $17.84 per square foot from $17.97 in the fourth quarter of 2015, in part because more empty space was available in late 2016. The Memphis market experienced a negative net absorption of 13,600 square feet in the quarter, meaning that much more […]
The Most Patient Money in Nashville’s Boom
January 20, 2017
Nashville Business Journal January 20, 2017 By Adam Sichko It was November 2015, and finally, the bold bet Henry Lange made was making headway. Lange and Northwestern Mutual Real Estate, where he is a regional director, had been shepherding the Capitol View mixed-use development for close to a decade by that point. It had taken […]
Memphis Residential Real Estate Market Remains Healthy in 2016
December 30, 2016
Memphis Daily News By Patrick Lantrip A strong year in the Memphis-area residential real estate market has the potential to carry over into 2017 and even beyond. The average new home sales price in the third quarter of 2016 rose to $319,357, the highest amount on record, which was a 6 percent increase from the […]
Done Deal: Germantown Retail Center Sells for $37 Million
December 19, 2016
Memphis Business Journal A Germantown retail center just sold for $37.1 million. The Shops of Forest Hill, located at the corner of Poplar Avenue and Forest Hill Irene Road, were purchased by a real estate group out of Austin, Texas. The retail center, which includes 360,000 square feet of retail space, counts Target, Sprouts […]
Village Shops of Forest Hill Sold for $37.1 Million
December 15, 2016
Memphis Daily News 9155 U.S. Highway 72 Germantown, TN 38138 Sale Amount: $37.1 million Sale Date: December 2016 Buyer: EREP Forest Hill I LLC Seller: BIC-MTS Partners Loan Amount: $26 million Lender: Wells Fargo Bank Details: A 360,000-square-foot commercial retail center in Germantown was recently purchased by Epic Real Estate Partners acting as EREP Forest […]
Builder Pitches Collierville Hotel by Carriage Crossing
December 12, 2016
The Commercial Appeal By Daniel Connelly Members of the Grant homebuilding family are proposing a new four-story, 110-room hotel by the Carriage Crossing shopping center in Collierville. Developer Carey Grant jokes that he plays monopoly for a living: He builds houses first, then hotels. Along with his father Milton Grant and his brother Kevin Grant, he’s one […]
Northwestern Mutual Provides $73M Construction Financing for $750M Capitol View Project in Nashville
December 08, 2016
NASHVILLE, TENN. — Northwestern Mutual has provided $73 million in construction financing for Capitol View, a $750 million, 32-acre mixed-use development underway in Nashville’s North Gulch area. Upon completion the project will feature 1.1 million square feet of Class A office space, 130,000 square feet of retail and restaurant space, 600 multifamily residences, 410 hotel […]
Real Estate Notes: Next phase of Capitol View Construction to Start
December 07, 2016
Nashville Post The next phase of Capitol View — a roughly $750 million 32-acre mixed-use district on downtown’s fringe — will soon be underway via $73 million in construction financing provided by Northwestern Mutual. Capitol View’s total capital investment is now 70 percent committed, according to a release. Boyle Investment Company and Northwood Ravin Development […]
378 apartments, retail and office spaces planned for former Hansen Chrysler dealership site at 11th and Charlotte
December 07, 2016
The Tennessean Work is set to start Wednesday on the next phase of the Capitol View mixed-use development in the North Gulch, for which the lending arm of site owner Northwestern Mutual provided a $73 million construction loan. That $115 million phase is planned for 4.5 acres, including the former Hansen Chrysler Plymouth Jeep-Eagle dealership site across 11th Avenue North […]