This is the first in a series of profiles of key members of Boyle’s Memphis office team.

Jud Lindsey joined Boyle in 2020 as part of the Highwoods Properties team hired when the company acquired four Highwoods ‘Class A’ office buildings. According to Senior VP Kathy Pampuro, “Jud is an integral part of our team and has made a large impact in his short time here.” As Director of Maintenance Jud is responsible for the operation of all of Boyle’s office and retail buildings totaling four million square feet of space, and he directs the entire maintenance team of 12 technicians as well as many of our vendors.

Jud is uniquely qualified to handle this task as he has 33 years of maintenance experience under his belt. He began his real estate career in 1990 with Interstate Realty, and he and Harold Moss, Senior VP, have worked together for 30 years starting at Towermarc then Highwoods and now Boyle.

Jud has gained a wealth of knowledge in all areas of building maintenance ranging from electrical, HVAC, plumbing, roofing, elevators to paving, and he even works with the IT team to manage computer networks and security camera systems. He also is very involved in the construction of new properties as well as tenant improvement projects. According to Harold, Jud’s myriad work experiences are invaluable and he is a true Renaissance man with a variety of outside interests. “His true value shines through the brightest when there is a crisis,” says Harold. “Jud never asks his team of maintenance technicians to do anything he wouldn’t do or hasn’t done himself. He has done it all and is a great manager of people. He and I have never had a cross word in 30 years of working together.”

Jud has 12 certifications ranging from chilled water applied systems to energy management to security and camera systems. This specialized training benefits the company because Jud can handle issues in-house instead of having to outsource it. “The biggest challenge I face is the number of buildings we manage and the potential things that can happen,” says Jud. “Every day our maintenance technicians face a multitude of issues at various buildings, and my role is to ‘triage’ whatever comes in and prioritize the jobs to determine the most critical. It involves a lot of multi-tasking, and when an unfortunate incident occurs our team takes pride in quickly resolving the issue to the best satisfaction of our tenant. We have a great team that works well together, and our top priority is making sure our tenants are happy.”

When asked about his experience thus far at Boyle, Jud explains he couldn’t have asked for any better of a transition and he feels like he’s been here for years. “I enjoy coming to work every day and really appreciate the family-like atmosphere,” says Jud. “I have liked coming back to work for a privately-owned company instead of a big corporate entity.”

Jud is married to Jennifer and they have three children: David (31), Courtney (29) and Joseph (19). One of Jud’s favorite hobbies is restoring classic jeeps and cars, both American and European. He also enjoys listening to 1970s and 80s classic rock.

See Jud’s Employee Biography >>

Gary: I’m Gary Thompson and welcome to another edition of Boyle Talks. Today, we’ll be talking with Matt Hayden who is currently our CFO, but this is going to be a very special episode of Boyle Talks. We’re here to announce today that Matt is not our CFO, now he is our president and CEO of Boyle Investment Company. Congratulations, Matt!

Matt: Thank you Gary. I’m just humbled and honored for this promotion. I’ve been at the company for a little over eight years, and it’s just been a great company to work for and I’m super excited…and like I said, humbled and honored to be here.

Gary: You’re the first non-family member to be the president of Boyle in our, almost, 90-year history. So this is a big deal!

Matt: I’m very honored to be here and in my career I started out at Ernst & Young here in Memphis, now known as EY. I started that in 2000 and worked on audits and in a number of industries–primarily financial institutions and banks — and actually worked on the Boyle audit at the time. I spent three years there and had a really good experience, but left the public accounting world and went into investment banking with Morgan Keegan. Morgan Keegan was a great experience. I spent nine years there. In the investment banking world I was doing merger and acquisition advisory, primarily in financial services, transportation logistics, and a little bit of real estate. I gained a lot of experience in different companies. But after nine years there, I left and went to Wunderlich Securities, another Memphis firm, spent two years there until 2014 when I joined Boyle.

Gary: It has sort of been a whirlwind since you got here. You replaced our old CFO, who was legendary. Big shoes to fill, but you just came in and fit right in. Tell us about what all has happened since you got here and the things that you’ve done.

Matt: Charles Claiborne, who was our CFO for 35+ years, was looking to retire, so he set out to find a replacement and luckily I happened to be at the right place at the right time and had the opportunity to join Boyle. I joined as deputy treasurer. We had a couple of major projects to undertake at the time, one being putting in a new accounting and financial system and a property management system. At the time, we had two different systems. One was for our accounting and one was for property management. So we switched to what is known as Yardi Systems and are still with that today.

Gary: You came in and made a big difference in our accounting department and our sales and leasing department. You work not only with our Memphis office, but also our Nashville office–which has grown precipitously in 20 years.

Matt: Absolutely!

Gary: You’ve been a part of that almost for half that.

Matt: Charles was extremely gracious in that he stayed here for over five years. This was not a short term transition. We called it long-term transition. He basically, over time, transitioned a lot of the CFO duties to me. But one of the things I learned in investment banking was that I love deals and transactions. So, getting back into that world was exciting, and I started helping our Memphis and Nashville teams on development projects and major leasing transactions. We also have a Midsouth Capital Fund, and I started analyzing things on that. We made five property acquisitions, two dispositions and one spin out. Actually three dispositions. Just getting back in the deal world was interesting to me. It was something I thought I would miss, but it happened to be that we have a lot going on here… as you know.

Gary: You mentioned that you’re hiring in your position here at Boyle was part of a succession plan. And that’s been going on the entire time you’ve been with the company. Your promotion is also part of the continuing succession plan as the family members get older, as the company presidents and senior vice president executives… all of that group is getting older. Tell us, you know, the company is now moving into almost its 90th anniversary next year. Where do you see the company going? What are your plans for the future? Give us your vision as the new CEO and president.

Matt: It’s very important, this is a huge milestone…90 years. I kind of set sites to 100 years in 2030. As part of this transition, our accounting team is in great hands. We have a nearly 40 year employee, Debbie Shelton, and a new hire that we hired last year, Bo Lessley, who has been here approximately a year. It’s in great hands in our accounting group. So, I think my future role will be to work with the Boyle and Morgan families to analyze how we allocate capital, the markets that we’re in in Memphis and Nashville, new property acquisitions, property dispositions, loan refinancing, and just really setting part of the strategic vision for the future–which I don’t think is a huge change from what we’ve been doing for 90 years.

Gary: Right!

Matt: It’s just about keeping up with the current times, the changes in the real estate markets. One of the things we’ve seen in Nashville is that most of these projects are large, mixed-use, very complex projects. They’re not as simple as they’ve been in the past, so it’s just about analyzing this and determining where we want to invest dollars in the future and how to grow stronger over the next ten years as we reach 100 years old.

Gary: The Boyle family and the Morgan family have been around for a long time. Their roots go all the way back to the formation of Memphis and Overton. They’ve been a great corporate citizen. Sounds like the future is really bright for us to continue to be a great business here in Memphis and our expansion in Nashville. We just want to be community players. Can you speak to that issue a little bit?

Matt: Absolutely! What I would say is, the Memphis history goes back over 90 years, but in Nashville we’ve had an office for a little over 20 years and they’ve carefully selected the markets they’ve gone into. We’ve got an excellent team there and they’ve had a major, positive impact on that community–just as Boyle has over the last 90 years and into the future. So it’s very important for us to maintain that. We’re not passive real estate investors. We like to touch and feel and know the communities and properties that we’re investing in, and that’s an important part of the culture here. I think that’s why we have such long-term employees and people that really like being here.

Gary: Right, because we own properties. We invest and then own them and maintain them and lease them and rent them for long periods of time. Which is a little different than traditional, particularly more in the Nashville market, than Memphis. But, ownership mentality is something that we bring to every project that we work on.

Matt: That is correct. Whether we’re a third-party manager or we own one hundred percent of a particular building or asset, we take pride in knowing and treating it like it’s ours. We don’t want to impact communities in a negative way at all. We always want to have a positive impact and that’s something that has been done here in Memphis for 90+ years and has been done in Nashville for over 20. We want to continue to do that going forward.

Gary: I know one of the reasons why I like working here and why I have been here as long as I have is because the family has such integrity. They want to do the right thing. They always want their employees to do the right thing. Just to treat people nice and properly. That’s going to continue.

Matt: It absolutely will. One of the things I’ll be doing is working closely with Paul, Henry Morgan Jr., Bayard Morgan, and their fathers, of course. This culture has been something that withstood a long period of time. That’s why we have such longtime employees, and that’s something we definitely want to continue. This is a great honor for me. I want to continue to do what I’m doing. I don’t see the culture of the company changing at all. I see us just trying to continue that in the future the best way we can.

Gary: Matt, thank you for joining me today on Boyle Talks. This is exciting news, and congratulations on your new promotion. I can’t wait to see where you take the company, and I think it’s only bright days ahead.

Matt: Thanks so much, Gary! I really appreciate it.

Gary: You bet, and thank you for joining us today on another episode of Boyle Talks.

Boyle Investment Company is pleased to introduce our new video series, Boyle Talks!  Hosted by Senior Vice President, Gary Thompson, the series features interviews with our team members on a variety of topics including our approach to real estate development, sales and leasing, property management, and much more!

Boyle’s 443-acre, mixed-use Schilling Farms community in Collierville continues its dominance as a prime location for corporate headquarters. Mueller Industries recently announced it will join several other companies with corporate headquarters in Schilling Farms, including Helena Chemical Company, MCR Safety, and Juice Plus. Mueller plans to relocate approximately 120 full-time employees to a new two-story, 50,000 square-foot building planned for a 3.5-acre site at the southeast corner of Schilling Boulevard and Schilling Boulevard East, just west of the Schilling Farms YMCA. Construction on the site is underway and is estimated to be completed in the first quarter of 2019.

In addition, Syntel, a multinational provider of integrated technology of business services, now occupies 12,500 square feet of the first floor at 255 Schilling Blvd., along with Alston Construction, which has leased 3,000 square feet. Merle Norman recently opened a high-end cosmetics boutique and spa as part of the building’s retail component, where Boyle is working on leasing an additional 4,000 square feet to other office users or upscale retail concepts.

Only a few units remain available in the second phase of Boyle’s upscale multi-family community, Carrington West, a 125-unit boutique apartment and townhome community in the 443-acre mixed-use community in Collierville, Tennessee. Amenities at The Carrington and Carrington West include Blends Donut Café, gated parking with controlled access, a sparkling pool with sun shelf, a 24-hour fitness center, and a business center with Wi-Fi. Residents at Carrington West are enjoying the newly opened Carrington Retail Center featuring Cheffie’s Café, Burn Boot Camp, and Pure Nails & Spa, all just a few steps away. Call Etta Johnson, Property Manager, at 901-854-0111 if you are interested in moving your family to Carrington West at Schilling Farms.

Record Year for Blue Streak!

Blue Streak donations to the Jubilee Schools:

• 2004- $21,550
• 2005- $72,414
• 2006- $120,000
• 2007- $190,406
• 2008- $120,000
• 2009- $63,698
• 2010- $100,000
• 2011- $100,000
• 2012- $110,000
• 2013- $220,000
• 2014- $0
• 2015- $177,000
• 2016- $184,280
• 2017- $292,733.89 & counting!
• Total- $1,771,675.89

Our Blue Streak adventure has been a pretty incredible journey since the first check presentation to the Jubilee Schools back in 2004. I remember Tom Dorian and I having our heads shaved as a fundraiser thanks to Kevin and Pam Callahan. What I discovered from this and other experiences is the passion behind the work of Blue Streak.

Since that inaugural year, Blue Streak has donated over $1.7 million to the Jubilee Schools. This year, our goal has been $250,000, which would set a record and beat our 2013 donation of $220,000. With that being said, we not only reached our goal, but are now less than $8,000 from reaching $300,000 for the year!

At this stage of the school year, ideas are like the Gobi, energy is at brown-out level, with no recess time in sight. Nevertheless, being rapacious for the Jubilee Schools, my mind is fixated on $300,000.

The pinnacle is before us. Can we ascend to the summit (Not sure why I’m using mountain climbing metaphors)? We have two weeks left in this fiscal year, which ends on June 30th. It is going to be tough because we do not have any events planned and people are getting tired of hearing from me. I know this because my phone ain’t ringin’ and my inbox ain’t dingin’. Outgoing communication is an echo and responses scant. But, I ain’t givin’ up!

Hence, I’m using this blog to reach out to my fellow Blue Streakers in soliciting support to finish the year by accomplishing the outlandish; raising $300,000 for the Jubilee School! This would be an incredible achievement considering we first believed $250,000 would be unreachable. Because of the mind, heart, body, and soul of Blue Streakers involved in helping those most in need, obtaining $300,000 is now in my mind doubtless. The passion of the Blue Streakers for the Jubilee Schools is awe-inspiring.

So, this is just a simple ask, plea, request from me in the name of every Jubilee School student to the several hundred people out there who support Blue Streak. This is our last chance to make a difference for the 2016-17 school year.

To accomplish great things, we must not only act, but also dream; not only plan, but also believe. Silence won’t help. Action will. Not sure what else I can do. So, I’m reaching out for help. What can you do? Spread the word and bring others onboard. The finish line is near. Time to sprint.

Thank you to all who have helped make a positive difference in the lives of Jubilee students and their families as well as enabling Blue Streak to achieve a record breaking year!

God bless you,
Didier Aur

Below is a great guide that breaks down few things you should know when moving to Memphis, including the age breakdown, population, cost of living, homeowners vs renters, average temperature, and much more.

Les Binkley, Vice President of Boyle Investment Company, was pleased to participate yesterday in the Memphis Daily News seminar yesterday on Commercial Real Estate. Les provided an update on the state of the multi-family sector and provided information on rental rates, vacancy rates, REIT sales, new multi-family developments in the greater Memphis area, and design trends.

His PowerPoint presentation can be viewed here.

2016 Multifamily Review & Forecast

It seems like Ashley Binkley was destined to become an interior designer. At an early age, she discovered the wonder of color and textiles through shoes, clothing, and ribbons, which set her on her future career path. “I have always loved textiles and details from an early age but little did I know that would be my career path later in life,” says Ashley, who studied interior design at Auburn University. She apprenticed at Marc-Michaels Interior Design in Winter Park, FL, and then under Richard Keith Langham in New York before moving back to Memphis and working under Rhea Crenshaw. Ashley launched York Binkley Interior Design in 2014 and occasionally works with her husband, Les Binkley, a real estate developer. Today, we’re excited to get a little one-on-one time with our newest Interior Designer Crush. Welcome, Ashley Binkley!

Where do you get your inspiration?

I get my inspiration from the hidden beauty found in everyday life and the nuances of how we strive to improve the way we live each day.

How do you determine “the soul of a home?”

I feel the soul of a home lies with its owners and think the soul of a home isn’t as much a physical place as much as it is an outward manifestation of those who dwell in it. So I, of course, draw from the house itself and its unique characteristics but I tend to focus more on the owner’s personality and the lifestyle they live or aspire to live.

The Stratton House entry table and seasonal arrangement provide a welcoming focal point that seamlessly draws you into the surrounding rooms of the boutique B&B in Collierville.

What influences you and how does that get translated into your design?

I’m influenced by all my observations throughout life, whether physical or emotional … observations of true beauty, as well as those in life that are not so beautiful — all of which shape my perspective of design. These observations hone my eye, which reinforces my ability to discern enduring beauty from fleeting fads in design.
I’m also influenced by colors in nature and the local vernacular of the agrarian South.

What has been your most challenging project to date and why?

Ha! That’s easy … any of my husband’s projects. He is my biggest critic but also my best encourager. His eye for design always impresses me.

This cozy library just makes you want to grab a cocktail and have a seat. The layering of textures and centering of chairs and ottoman on the fireplace create warmth and ground the room.

In the same room, the addition of custom-designed millwork opposite the fireplace adds greater depth and subtle richness to the room.

What is your design aesthetic and how do you translate that to a client/homeowner?

I agree with (interior designer) Miles Redd: “Buy the best and you only cry once.”

How does Memphis’s design scene differ from that of the rest of the country?

I don’t feel it differs much. We have many talented designers in Memphis, each with our own unique approach. I always enjoy seeing work from our local design community. It’s inspiring in and of itself.

The clubhouse within the residential community of Schilling Farms shows a fresh approach to a classic design, which sets the tone throughout the entire project.

Mixing in a few modern elements into the design gives this traditional space new life.

Share one design secret with us regular folk.

I’ll share two. One: Buy the best windows you can afford … never skimp on them. Second: Strive for a balanced mix of old and new … layer, layer, layer.

Who have been your industry role models/mentors and why?

Everyone I’ve studied under has influenced me in ways they will never know. I’m certainly grateful to each of them and the positive impact they have made on my career.

It’s important to show a little leg, which offsets skirted furniture and helps keep an appealing rhythm in the room.

Do you have favorite local spots to hit as a resource?

Recently, I have had surprising success late-night rummaging through Sheffield Antiques for an eclectic find or two.

Thanks to Ashley for sharing her insight, tips, and expertise with our readers. And thanks to Julie Wage Ross for her beautiful photos of Ashley’s projects.

Article originally posts on Style BluePrint.

This new Class A office building at Schilling Farms in Collierville offers 25,000 SF of ground floor Class A space. Ideal for insurance agencies, banks, attorneys, or real estate agents.

Call Kathy Pampuro at Boyle at 766-4272 to discuss moving your company to this new office building, where Helena Chemical Company will occupy the second floor.

Schilling Farms Middle School (SFMS) STEM Coordinator and STEM Innovations and Inventions Teacher – Mr. Erik Shoemake – is a recipient of a generous donation from Schilling Farms, LLC, which is a joint venture between Mr. Harry Smith and Boyle Investment Company.

Through Schilling Farm’s generous donation to SFMS’s STEM Program, Mr. Shoemake was able to procure necessary “real life-engineering” tools and equipment for hands-on learning and exploration. Mr. Shoemake used his donation to purchase several 3D-Printers, where he not only uses them for his STEM classes but for his competitive robotics teams as well.

Mr. Harry Smith and Mr. Gary Thompson, Vice President of Boyle Investment Company, had the opportunity to see Schilling Farms’ investment in 3D printers “in-use” while visiting Mr. Shoemake’s STEM and Robotics students at SFMS recently. Some examples printed from the STEM Classes were card holders, mini cones, spheres, and pyramids. Mr. Shoemake’s FTC Robotics Team successfully printed game elements, supportive wheelbases, phone clips and phone holders for use with their competitive robot.

Mr. Shoemake, his students and robotics teams sincerely thank Schilling Farms for making his donation available to them through SFMS’s STEM Program.

The connector between 6305 and 6325 Humphreys Boulevard is now open at Semmes-Murphey, providing added convenience for patients, doctors, and staff.