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Editorial Results (free)

1. Large Deals, Office Construction Among Memphis' Commercial Real Estate Trends -

Coming off of a strong year in 2015, the commercial real estate market in the Memphis metropolitan area continued to do well in 2016.

Larry Jensen, president and CEO of Cushman & Wakefield/Commercial Advisors, said his company was tracking approximately 6 million square feet of net absorption in the industrial market headed into the last week of 2016, as compared to 8.4 million in 2015.

2. Father-Son Duo Dickens Built Taps Infill Market In Collierville, Piperton -

A father-son home builder duo of Doug and Chris Dickens has taken advantage of a strengthening housing market recently by specializing in infill development, primarily in the Collieville and Piperton areas.

3. Village Shops of Forest Hill Sells for $37.1 Million -

A 360,000-square-foot commercial retail center in Germantown recently was purchased by Epic Real Estate Partners acting as EREP Forest Hill I LLC for $37.1 million.

4. Village Shops of Forest Hill Sold for $37.1 Million -

9155 U.S. Highway 72

Germantown, TN 38138

Sale Amount: $37.1 million 

Sale Date: December 2016

5. Village Shops of Forest Hill Sold for $37.1 Million -

A 360,000-square-foot commercial retail center in Germantown was recently purchased by Epic Real Estate Partners acting as EREP Forest Hill I LLC for $37.1 million.

6. Growing Pains -

In many ways, Citizens to Preserve Overton Park v. Volpe in 1971 shaped the way Midtown Memphis looks today, so it’s only fitting that the park continues to inspire citizens to fight for what they feel is right.

7. Council Approves Two Downtown Hotels, Sets Vote on Dairy Expansion -

Memphis City Council members approved two conversions of Downtown buildings into hotels Tuesday, Dec. 6, and set a Jan. 17 date for a public hearing and vote on expansion plans for the Turner Dairy in Overton Square.

8. Council Approves Pair of Downtown Hotels, Sets January Vote on Dairy Expansion -

Memphis City Council members approved two conversions of Downtown buildings as hotels Tuesday, Dec. 6, and set a Jan. 17 date for a public hearing and vote on expansion plans for the Turner Dairy in Overton Square.

9. Two Hotel Projects Top Council Agenda -

Two Downtown hotels top a planning and development-heavy agenda for the Tuesday, Dec. 2, session of the Memphis City Council.

The council votes on a special use permit for a 68-room luxury hotel at 477 S. Main St., in a building that until recently had been a graduate school for the Memphis College of Art.

10. Last Word: The Long Count, Bigger Than Boutiques and God's View of the NBA -

It's Veterans Day with the annual Downtown parade starting at 10 a.m. Friday and a wreath-laying ceremony an hour later at the Doughboy Statue in Overton Park.

The long local vote count since Tuesday is still underway as Thursday becomes Friday. It should wrap up Friday with the provisional ballot count completed.

11. Experts: Memphis Competitive on Commercial Real Estate Front -

Incentives are an indispensable tool for attracting major corporate tenants to Memphis. Memphis industrial real estate activity is hot, there’s something of a war for office sector talent and there’s been good absorption of multifamily space in Memphis this year.

12. Commercial Real Estate Market On Strong Run -

When it comes to commercial real estate, Memphis is on a tear at the moment.

That’s according to Andy Cates, president and CEO of brokerage services for Colliers International in Memphis. Looking back on 2016, he’s ebullient about the abundant new construction that has characterized the year, as well as the large amount of capacity still in place and the promise of what’s to come in 2017.

13. Last Word: Election Impact, Fun with Election Cross Tabs and DeSoto vs. Marshall -

Now, about the idea being discussed starting late last week that when the Feds are looking at someone running for office or holding office they have to take into consideration how close the next election is for that person.

14. Real Estate Awakening -

The year’s biggest office deal didn’t affect Memphis’ office absorption at all, but everyone in real estate has felt its reverberations.

When ServiceMaster Global Holdings announced its move to the shuttered Peabody Place Mall from Ridge Lake office park, it promised new life for a 328,000-square-foot black hole in Downtown’s retail market.

15. Spate of Big Deals Among CRE Trends In 2016 -

Ask CBRE senior associate Gray Fiser to sum up the commercial real estate market in Memphis over the course of 2016, and he’s ready with a few quick bullet points by way of reply.

Fast forward, say, five years from now, he explains, and these are the things likely still being talked about:

16. Accredo Health Expanding Facility in Century Center -

Accredo Health Group is renovating its offices in Bartlett. Corna Kokosing Construction Co. recently filed a $15 million building permit for the site at 1640 Century Center Parkway. The company was acquired by St. Louis-based Express Scripts in 2012 and added 50 employees to its Century Center campus in 2015.

17. Last Word: Stop & Frisk, Council Day and The Big 12 Holds What It's Got -

We had quite the conversation with the two leaders of the Memphis-Shelby Crime Commission about “stop and frisk” and what will be in the upcoming draft of a new Operation: Safe Community plan for Memphis.

18. Accredo Health Expanding Facility in Century Center -

Accredo Health Group is renovating its offices in Bartlett. Corna Kokosing Construction Co. recently filed a $15 million building permit for the site at 1640 Century Center Parkway. The company was acquired by St. Louis-based Express Scripts in 2012 and added 50 employees to its Century Center campus in 2015.

19. Boyle Investment's New CFO Brings Investment Banking Background to Post -

Memphis-based Boyle Investment Co. has shaken up its executive staff in promoting Matt Hayden as CFO and treasurer. Hayden joined the real estate company in 2014 as part of a succession plan for Charles Claiborne, who held the position since 1983.

20. Downtown Office Market Picking Up, Industrial Market Could Get Hotter -

Memphis’ office and industrial markets saw strong second quarters, with increased absorption and positive outlooks for the rest of the year.

The quarter was dominated by ServiceMaster Global Holdings’ announcement that it was moving its headquarters from East Memphis to the shuttered Peabody Place mall. The home services and tech company will transform the former mall into a $27 million, Class A office building.

21. Last Word: Convention Bounces, Changing Schools and Blue Collar Changes -

Before the balloons dropped Thursday and a Katy Perry soundtrack brought the Democratic National Convention to an end, state Representative Raumesh Akbari of Memphis spoke at the convention on its final day.

22. Pinnacle Keeps Ramping Up in Memphis -

Pinnacle Financial Partners has been steadily ramping up its presence in Memphis since entering the market last year via its acquisition of Memphis-based Magna Bank.

23. Boyle Completing Key Quadrant At Schilling Farms, Eyeing More Retail -

Boyle Investment Co. is wrapping up construction on a critical corner of Schilling Farms that will bring more retail and encourage more office users to consider the development. The three adjacent projects fill in the southern quadrant of Schilling Boulevard and Winchester Road, a small part of the sprawling 443-acre, city-within-a-city in Collierville.

24. Boyle Expanding Schilling Farms Development -

Construction is nearing completion on several new projects at Schilling Farms on an 11-acre site at the corner of Schilling and Winchester boulevards.

A new 50,000-square-foot Class A office building opens at 255 Schilling Blvd. Half of the space is pre-leased to Helena Chemical Co. and the other 25,000 square feet of ground-floor space is available for office or retail uses.

25. Madison Hotel Sells to Chicago-Based Hotel Group -

79 Madison Ave.

Memphis, TN 38103

Sale Date: June 21 

Buyer: 79 Madison Avenue LLC

26. Boyle Completes Office, Starts Multi-Family Expansion -

Construction is nearing completion on several new projects at Schilling Farms on an 11-acre site at the corner of Schilling and Winchester boulevards.

On Thursday, July 21, a new 50,000-square-foot Class A office building will open at 255 Schilling Blvd. Half of the space is pre-leased to Helena Chemical Co. and the other 25,000 square feet of ground-floor space is available for office or retail uses.

27. Available Class-A Office Space Scarce in Memphis -

ServiceMaster is looking to relocate its headquarters into a Class A office building, and Memphis just doesn’t have room.

“For the past two years, we’ve been using those phrases,” said Ron Kastner, senior vice president with CBRE.

28. Moving Dirt -

The Memphis development community is looking inward and upward to increase density in the urban core. New construction is happening across all four commercial real estate sectors, with long-anticipated projects like Trader Joe’s and the redevelopment of Central Station finally coming to fruition. Construction and operating costs continue to be a challenge as new projects hit the top of their class to command higher rents.

29. Numbers Show Memphis’ Commercial Real Estate Market Stable in 2015 -

Across all sectors, the Memphis market was stable in 2015.

That’s according to the latest data from Integra Realty Resources, a national appraisal and advisory firm. At its annual Viewpoint local market presentation Wednesday, Feb. 24, local Integra leaders spoke on the industrial sector’s banner year, multifamily’s expansion cycle, what’s next for an office market without any remaining Class A space, and growth in the retail sector.

30. Memorable Events of 2015 will Spill Into 2016 -

When you really get down to it, history is a collection of moments, moments that, when they fall one after the other over the long arc of time, eventually form the tapestry representing who we are.

31. Fogelman Proposal Blocks TraVure Vote -

The $90 million TraVure mixed-use development met a delayed vote from the Germantown Planning Commission for a third consecutive time, and developer Ray Gill has strong words for the officials.

32. Trinity Ridge Business Center Sells for $16M -

7730, 7740, 7750, 7760, 7866 Trinity Road
Cordova, TN 38018
Sale Amount: $16 million

33. Boyle Buys Vining Sparks HQ For $16.3M -

776 Ridge Lake Boulevard
Memphis, TN 38120

Sale Amount: $16.3 million

Sale Date: Oct. 15

34. Boyle Buys Ridgeway Center Office Building -

Boyle Investment Co. has purchased the Vining Sparks headquarters building in East Memphis.

The Memphis-based real estate development company bought the 120,000-square-foot structure at 775 Ridge Lake Boulevard for $16.3 million.

35. Boyle Buys Ridgeway Center Office Building -

Boyle Investment Co. has purchased the Vining Sparks headquarters building in East Memphis.

The Memphis-based real estate development company bought the 120,000-square-foot structure at 775 Ridge Lake Boulevard for $16.3 million.

36. Boyle Buys Ridgeway Center Office Building -

Boyle Investment Co. has purchased the Vining Sparks headquarters building in East Memphis.

The Memphis-based real estate development company bought the 120,000-square-foot structure at 775 Ridge Lake Boulevard for $16.3 million.

37. Build Out -

Boyle Investment Co. is building a 52,000-square-foot office building at its Schilling Farms community in Collierville in which Helena Chemical Co.’s Southern Business Unit will lease half of the space.

38. Gulch Approaching 50 Percent Buildout -

Nashville’s storied Gulch, originally the home of the downtown railway terminal, is approaching another milestone in its long history.

Revitalization of the area began in the early 2000s, and The Gulch Improvement District was formed in 2006. Since that time, developers have found great success in luring in upscale residential, commercial and mixed-use tenants.

39. Tennessee, Kentucky Getting Funds for Civil War Battlefields -

NASHVILLE, Tenn. (AP) – Tennessee and Kentucky are among seven states that will receive a portion of $3.1 million in grants to help preserve Civil War battlefields.

The National Park Service says the Land and Water Conservation Fund grants will preserve more than 270 acres of battlefields that are threatened with damage or destruction by development.

40. MAA Outgrowing Its East Memphis Headquarters -

MAA has tapped Cushman & Wakefield/Commercial Advisors to explore its long-term corporate office needs.

The apartment-focused real estate investment trust says internal growth and the 2013 acquisition of Colonial Properties Trust means space at its East Memphis headquarters is getting tight.

41. Office, Industrial Real Estate Rebounds in First Quarter -

In a sure sign that the local economy is in rebound mode, the Memphis-area commercial real estate market is heating up with the industrial and office sectors producing strong gains.

Fueled by strong demand and tightening of available space, rental rates for Class A space in East Memphis, the city’s primary business district, are approaching pre-recession levels, according to a new report.

42. Boyle-Affiliated Company Buys Schilling Farms Land -

A company affiliated with Boyle Investment Co. has sold vacant land inside the Memphis-based company’s Schilling Farms development in Collierville to another Boyle-related entity.

43. EDGE Developing Guidelines for Destination Retail Incentives -

When Swedish furniture retail giant Ikea announced it wanted to build one of its destination retail centers in Memphis, the company was greeted with open arms.

Mayor A C Wharton Jr. even held a City Hall press conference to announce the news in December.

44. Boyle-Affiliated Company Buys Schilling Farms Land -

A company affiliated with Boyle Investment Co. has sold vacant land inside the Memphis-based company’s Schilling Farms development in Collierville to another Boyle-related entity.

45. Building Boom -

With the greater Memphis area slower to recover from the recession and economic downturn than other parts of the country, frustrated local general contractors watched in 2012 and 2013 as firms across the country participated in what appeared to be a robust national economic rebound.

46. Women and Philanthropy -

“Women rock!” “Women rule!” “If you want something done, ask a woman.” “Women hold up half the sky.” It’s women’s history month and time to highlight women’s roles as philanthropists and fundraisers.

47. Boyle Unveils New Office Building Design -

Boyle Investment Co. is offering the first glimpse of the new office building the company is planning near Poplar Avenue and Shady Grove Road.

48. Real Estate Pros Upbeat -

After finally latching on to the broader national economic recovery in 2013, the Memphis-area commercial real estate market shook of the last vestiges of the Great Recession and roared back to life in 2014 with the office, retail, industrial and apartment sectors all producing solid gains.

49. EDGE Approves Ikea Incentives -

Swedish furniture retailer Ikea has been awarded an 11-year tax break to develop a $64 million store near Interstate 40 and Germantown Parkway that is expected to employ 175 people.

The board of the city-county Economic Development Growth Engine on Wednesday, Jan. 21, approved the controversial payment-in-lieu-of-taxes incentive on an 8-1 vote. Larry Jackson voted against the measure.

50. Lynnfield Place Apartments Sell for $22.4 Million -

1400 Lynnfield Road
Memphis, TN 38119
Sale Amount: $22.4 million

Sale Date: Nov. 7, 2014
Buyer: Lynnfield Apartments LLC
Seller: Lynnfield Holdings LLC
Loan Amount: $20 million
Loan Date: Nov. 3, 2014
Borrower: Lynnfield Apartments LLC
Lender: Arbor Commercial Funding LLC
Details: The Lynnfield Place apartment community in East Memphis has sold for $22.4 million.

51. Collierville Daycares Sell for $4.4 Million -

Two Collierville daycare centers have sold for a combined $4.4 million.

SDK Properties LLC sold the center at 105 Crescent Drive to Store Master Funding VII LLC for $2.5 million and the center at 1649 S. Shea Road to the same entity for $1.8 million, according to warranty deeds filed Nov. 14. The buyer, Store Master Funding VII LLC, is an affiliate of Scottsdale, Ariz.-based real estate investment trust STORE Capital. The centers operate as Kid Tech #1 and Kid Tech #2.

52. Collierville Daycares Sell for $4.4 Million -

Two Collierville daycare centers have sold for a combined $4.4 million.

SDK Properties LLC sold the center at 105 Crescent Drive to Store Master Funding VII LLC for $2.5 million and the center at 1649 S. Shea Road to the same entity for $1.8 million, according to warranty deeds filed Nov. 14. The buyer, Store Master Funding VII LLC, is an affiliate of Scottsdale, Ariz.-based real estate investment trust STORE Capital. The centers operate as Kid Tech #1 and Kid Tech #2.

53. Boyle Sees Opportunity in East Memphis -

Memphis-based Boyle Investment Co. hopes to break ground next year on a new office building at its Ridgeway Center complex near Poplar Avenue and Shady Grove Road, according to company officials.

54. Bohannon to Chair Junior Achievement Board -

Morgan Bohannon has been named chairman of the board of director of Junior Achievement of Memphis & the Mid-South Inc. Bohannon, the regional market manager for iHeartMedia, became engaged with Junior Achievement when iHeartMedia sponsored the “Broadcast Center” at JA BizTown in 2012. He joined the board soon thereafter and has been involved ever since.

55. Accredo Health Adding 50 Jobs in Memphis -

Accredo Health Group Inc. will add dozens of jobs in Memphis by the end of 2014.

Accredo, a subsidiary of Express Scripts Holding Co. that has around 1,500 jobs locally, will add 50 new jobs at its Century Center campus in Memphis by the end of the year.

56. Accredo Health Adding 50 Jobs in Memphis -

Accredo Health Group Inc. will add dozens of jobs in Memphis by the end of 2014.

Accredo, a subsidiary of Express Scripts Holding Co. that has around 1,500 jobs locally, will add 50 new jobs at its Century Center campus in Memphis by the end of the year.

57. Accredo Adding 50 Jobs in Memphis -

Accredo Health Group Inc. will add dozens of jobs in Memphis by the end of 2014.

Accredo, a subsidiary of Express Scripts Holding Co. that has around 1,500 jobs locally, will add 50 new jobs at its Century Center campus in Memphis by the end of the year.

58. Stonebridge Crossing Sells for $29.8 Million -

9135 Morning Ridge Road
Memphis, TN 38016
Sale Amount: $29.8 million

Sale Date: Sept. 11, 2014
Buyer: IRT Stonebridge Crossing Apartments Owner LLC
Seller: AB Merion Stonebridge LLC
Details: The 500-unit Stonebridge Crossing apartment complex in Cordova has traded hands.

59. Century Center Land Sold for $1.5 Million -

A group affiliated with Memphis-based Boyle Investment Co. has sold a large chunk of vacant land on Whitten Road near Interstate 40.

60. HipD: Donelson Finds Its Cool Side -

The tag “Hip Donelson” evoked plenty of snickers, eye rolls and snarky comments when it first appeared. After all, the local joke goes, Donelson’s known for hip replacements – not hipsters.

61. Century Center Land Sells for $1.5 Million -

A group affiliated with Memphis-based Boyle Investment Co. has sold a large chunk of vacant land on Whitten Road near Interstate 40.

62. Bloodworth: Greenways Increasing Residential Values -

The Memphis region’s existing 50 miles of greenways, paths and trails are responsible for some increase in property values, particularly residential property, says Rusty Bloodworth, vice president of Boyle Investment Co. and past chairman of the Urban Land Institute’s Memphis chapter.

63. Changing Landscape -

A “high-end” grocery store chain not currently serving the Memphis market has leased the shuttered former Kroger store at 9050 U.S. 64 in Lakeland and should open in the spring, according to a Lakeland official.

64. Memphis Multifamily Sector on Firm Ground -

It was 2008 and Memphis-based Makowsky Ringel Greenberg had just acquired a swath of property inside Boyle Investment Co.’s master planned Schilling Farms community in Collierville for a new multifamily development.

65. Lot Shortage Poses Next Roadblock -

Local homebuilders say a dearth of developed lots is slowing down the new housing rebound, weighing down an industry still trying to drag itself out of the rubble left by the worst recession in decades.

66. Building Community -

The Carrington at Schilling Farms looks like an apartment community you might find in Downtown Memphis or a town square, but the development – Boyle Investment Co.’s first apartment project in more than 30 years – is in the heart of Collierville.

67. Loeb Midtown Center Now Fully Leased -

Loeb Properties’ Belvedere Collection on Union Avenue in Midtown is 100 percent leased.

Agilitas USA Inc., operating as Results Physiotherapy, signed a new lease for 2,280 square feet in Suites 105-106 at the retail strip center.

68. Stephens Joins Maintenance Team at Commercial Advisors -

Timothy Stephens has joined Cushman & Wakefield/Commercial Advisors as a maintenance mechanic at One Commerce Square. In his new role, Stephens will performing plumbing, painting and general maintenance services.

69. Buzz Around Spec Office Space Starts to Swirl -

International Paper Co.’s new office tower in East Memphis is under construction now, but it’s been four years since the last speculative office building opened its doors in Memphis.

70. East Memphis Office Market Continues To Tighten -

Class A office space in East Memphis continues to be a strong performer thanks to the convenience and quality of buildings radiating from the Poplar/Interstate 240 intersection.

“East Memphis is a real bright spot regionally because if you look at the overall Memphis market it is a bit flat,” said Kemp Conrad, president of Cushman & Wakefield/Commercial Advisors Asset Services. “The East submarket, especially with Class A space, is very strong and dynamic, with strong tenants and strong institutional ownership.”

71. East Memphis Office Market Continues to Tighten -

Class A office space in East Memphis continues to be a strong performer thanks to the convenience and quality of buildings radiating from the Poplar/Interstate 240 intersection.

“East Memphis is a real bright spot regionally because if you look at the overall Memphis market it is a bit flat,” said Kemp Conrad, president of Cushman & Wakefield/Commercial Advisors Asset Services. “The East submarket, especially with Class A space, is very strong and dynamic, with strong tenants and strong institutional ownership.”

72. Mock Development Pitches Presented to Investors -

At first glance, the four sharks seemed pretty intimidating.

They sat in a row and watched the men in front of them with interest, weighing their options, considering their plans of action.

Then one of them cracked a joke and took a long pull out of a bottle of Bud Light and the mood lightened considerably.

73. Boyle Sells More Lots at Spring Creek Ranch -

After an initial offering went so well earlier this year, a group of area homebuilders has acquired 17 more lots at The Village at Spring Creek Ranch from Boyle Investment Co.

74. Daniels Takes on New Role at Greater Memphis Chamber -

The Greater Memphis Chamber has promoted Amy Daniels to the newly created position of senior vice president, membership and communications. Daniels, who has worked at the chamber for 17 years, will now oversee the membership department while continuing in her prior role, leading the communications and programming department.

75. Loeb Enjoying Strong Demand in East Memphis -

Pomp & Poise, a new gift store concept specializing in home and garden items, has signed a new lease at Park Place Center.

Pomp and Poise will occupy 1,400 square feet at the East Memphis retail center at the southwest corner of Park Avenue and Ridgeway Road.

76. Propelling City Forward Bloodworth’s Design Goal -

As he grew up in Memphis, Russell E. “Rusty” Bloodworth was fascinated by art, design and the use of space.

As a young boy his appetite for creation – through art and using household materials to build little communities – grew.

77. Boyle Honors Past at 80th Anniversary Celebration -

If it seems like the Boyle family has played a key role in Memphis since the city was founded, it’s because it has.

A Boyle family ancestor, John Overton, founded Memphis in 1819 along with James Winchester and Andrew Jackson. In the early 1900s, Edward Boyle developed Belvedere Boulevard, which remains one of the city’s most elegant arteries.

78. MRG Breaks Ground on Schilling Farms Apartment Complex -

Memphis-based Makowsky Ringel Greenberg LLC is launching a new apartment community at Schilling Farms.

79. June 7-13: This week in Memphis history -

1973: On the front page of The Daily News, the Shelby Farms Development Board voted to back the sale of the 2,000-acre site of the old Shelby County Penal Farm to Rouse Co. of Columbia, Md., and Boyle Investment Co. of Memphis for development of the land as a residential community. The action went to the Shelby County Quarterly Court. The land is now Shelby Farms Park.

80. Bryce to Keep 318 Workers in Memphis -

A packaging maker for retail brands like Frito-Lay and General Mills is getting a tax incentive worth $3 million to keep 318 workers in Memphis and add 95 new employees as part of a $21 million expansion here.

81. Boyle Celebrates 80 Years, Sponsors Art Exhibit -

Boyle Investment Co. turns 80 this year, and has partnered with the Memphis Brooks Museum of Art to celebrate.

82. Boyle Sells Lots at Spring Creek Ranch -

Boyle Investment Co. sold 10 lots at Spring Creek Ranch to a newly formed builder group and construction soon will commence on the next phase of development at The Village at Spring Creek Ranch, an upscale, master-planned community off Raleigh-LaGrange Road.

83. Boyle Sells Lots at Spring Creek Ranch -

Boyle Investment Co. has sold 10 lots at Spring Creek Ranch to a newly formed builder group.

Construction soon will commence on the next phase of development at The Village at Spring Creek Ranch, an upscale, master-planned community off Raleigh-LaGrange Road.

84. Capital Gains Tax Could Hurt Local Real Estate -

When investor/developer Phil Woodard sells his warehouse at 138 St. Paul Ave. in the South Main Historic Arts District to nonprofit ArtSpace this year for $850,000, he’ll be handing over $3,500 from his proceeds to the federal government.

85. Boyle Investment Co. Promotes Seven Executives -

Boyle Investment Co. has promoted seven senior level executives.

Paul Boyle has been promoted to president, replacing Henry Morgan, who served as Boyle’s president from 1985 to 2012, and will now serve as co-chairman with Bayard Boyle Jr. This marks a major change for Boyle, as Paul Boyle represents the third generation of the family taking over as president, where he will oversee all company operations.

86. Boyle Investment Co. Promotes Seven Executives -

Boyle Investment Co. has promoted seven senior level executives.

Paul Boyle has been promoted to president, replacing Henry Morgan, who served as Boyle’s president from 1985 to 2012, and will now serve as co-chairman with Bayard Boyle Jr. This marks a major change for Boyle, as Paul Boyle represents the third generation of the family taking over as president, where he will oversee all company operations.

87. Crews Development Files $1.9 Million Construction Loan -

Crews Development LLC has filed a $1.9 million construction loan through Triumph Bank for 23.74 acres of land in Collierville.

88. MED Buys East Memphis Land for $3.4 Million -

6525 Quince Road Memphis, TN 38119

Sale Amount: $3.4 million

Sale Date: Nov. 16, 2012

89. Gallina Centro Property Sells for $7.1 Million -

An affiliate of the Phoenix-based real estate investment trust Cole Capital Advisors Inc. has paid $7.1 million for the portion of the Gallina Centro strip center in Collierville that houses HomeGoods and Michael’s.

90. Boyle Buys Spring Creek Ranch Acreage -

Boyle Investment Co. through its subsidiary SCR Bravo Investments LLC has purchased the remaining 168 acres of land at Spring Creek Ranch in Collierville for $4.3 million.

91. Medical Office Sector Enters Transitional Period -

As the trend for health care mergers intensifies, the city’s medical office market evolves, with some private practices consolidating into hospital systems and others relocating to better serve their patients.

92. Boyle’s Binkley, Thompson Awarded CNU Accreditation -

Les Binkley and Gary Thompson of Boyle Investment Co. have been awarded CNU Accreditation by The Congress for the New Urbanism on the nomination of the faculty of the University of Miami School of Architecture.

93. After $1B, Experts See Progress on Autism's Causes -

ATLANTA (AP) – More than $1 billion has been spent over the past decade searching for the causes of autism. In some ways, the research looks like a long-running fishing expedition, with a focus on everything from genetics to the age of the father, the weight of the mother, and how close a child lives to a freeway.

94. Office Market Outlook Tied to Small Biz Expansion -

Companies seeking larger blocks of office space are staying on the sidelines for the most part so far this year because of diminishing inventory in the area’s hottest submarkets of East Memphis, the Tenn. 385 corridor and Downtown.

95. Isbell Promoted to Boyle Assistant VP -

Boyle Investment Co. has promoted Jon Isbell to assistant vice president.

96. Pinnacle Awards To Honor City’s Best in CRE -

Amid the lukewarm commercial real estate climate, a little recognition goes a long way.

That’s why the Memphis Area Association of Realtors Commercial Council is well under way in planning the 11th annual Pinnacle Awards ceremony, a night dedicated to showcasing commercial real estate industry professionals in the Memphis area.

97. Land Use Board Considers More Racquet Club Space -

The Memphis-Shelby County Land Use Control Board will meet Thursday, Feb. 9, to review an application to add space at the 11.94-acre The Racquet Club of Memphis at Sanderlin and White Station roads.

98. Binkley Promoted to VP at Boyle -

Les Binkley has been promoted to vice president at Boyle Investment Co.

Hometown: Memphis

99. That's a Wrap -

If the grand sweep of 2011 could be captured on celluloid and presented to an audience on the big screen, all the components of a great film would be readily apparent.

There was drama, in the form of a deluge and historic flooding that led the Mississippi River to crest at nearly 48 feet early in the year. One of the year’s big surprises saw President Barack Obama give the commencement address for the Booker T. Washington High School class of 2011 at the Memphis Cook Convention Center.

100. CRE Activity Stays Strong During 2011 -

Despite hard times, local commercial real estate firms were able to ink plenty of deals in the past 12 months.

Memphis’ industrial leasing activity kicked off in January when Buena Park, Calif.-based Pacific Logistics Corp. signed a 60,000-square-foot lease in ProLogis Park DeSoto for its first Memphis-area location.