April 03, 2020

Boyle Investment Expands Its Poplar Corridor Holdings

The Commercial Appeal

By Ted Evanoff

Boyle Investment Company has bought four Poplar Corridor office buildings from Highwood Properties.

Boyle, a Memphis-based real estate firm, announced the purchase Wednesday.

The four properties include the prominent Triad Centre and International Place II buildings and contain 600,000 square feet of office space in total.

“Boyle has been working on this transaction since October 2019,” said a statement from company President Paul Boyle. “Although the closing has occurred during the current economic challenges posed by the efforts to slow the spread of COVID-19 virus, we believe the long-term impact will be positive for our community and city as these important assets will remain under local ownership and management.”

Highwood earlier announced it would sell its Memphis holdings under a plan to focus on real estate investment in Charlotte, North Carolina.

“This transaction is an affirmation of Boyle’s long-term commitment to Memphis and expands the company’s presence along Poplar Avenue from I-240 to International Drive,” Boyle’s statement says.

The Memphis firm also said it would hire nine former Highwood employees responsible for managing the buildings.

“The new properties will fit seamlessly into Boyle’s existing portfolio given that they are strategically located in the heart of the East Memphis business district where Boyle currently owns, leases and manages a sizeable portfolio of commercial real estate,” the statement says.

Recent News

Boyle Investment Expands Its Poplar Corridor Holdings

April 03, 2020

The Commercial Appeal By Ted Evanoff Boyle Investment Company has bought four Poplar Corridor office buildings from Highwood Properties. Boyle, a Memphis-based real estate firm, announced the purchase Wednesday. The four properties include the prominent Triad Centre and International Place II buildings and contain 600,000 square feet of office space in total. “Boyle has been […]

Boyle Buys Four Highwoods Office Buildings

April 01, 2020

The Daily Memphian By Tom Bailey A deep-rooted hometown company has bought four, premier office buildings in East Memphis from an out-of-state firm divesting itself from the city. Boyle Investment Co. purchased from Highwoods Properties the three Triad Centre buildings at 6000, 6060 and 6070 Poplar, and the International Place II Tower at 6410 Poplar. […]

Boyle Announces Acquisition of Four “Class A” Office Buildings

April 01, 2020

MEMPHIS, TN – April 1, 2020 – Boyle Investment Company, through an affiliate Poplar Corridor Investments, LLC, is pleased to announce the acquisition of four “Class A” office buildings from Highwoods Properties, Inc. totaling around 600,000 square feet which includes the Triad Centre and International Place II. This transaction is an affirmation of Boyle’s long-term […]