August 10, 2015
Midsouth Capital Fund Makes Major Nashville Acquisition
Synergy Business Park is a vibrant, pedestrian friendly office community in Brentwood and offers 500,000-square-feet of office space in eight buildings.
In late 2010, the Midsouth Capital Fund I was formed to target approximately $100 million in real estate investment opportunities throughout the Midsouth region including Tennessee, Kentucky, north and central Alabama, Mississippi, and Arkansas.
The most recent acquisition by the Midsouth Capital Fund occurred in February 2012 in Nashville with the purchase of Synergy Business Park, a 500,000-square-foot office park comprised of eight office buildings on 33 acres. One of the first large-scale office developments in the city, Synergy is a landmark site in Brentwood strategically located on Franklin Road.
Boyle Nashville is currently in the planning process of redeveloping Synergy into a vibrant, mixed-use hub within the heart of Brentwood with on-site retail and restaurant amenities, new office space options, and a convenient on-site hotel. Plans have been submitted to the City of Brentwood and, pending approval, the redevelopment will move forward.
In addition, in 2011 the Midsouth Capital Fund acquired Riverchase Village, a 178,000-square-foot shopping center in Birmingham anchored by Bruno’s, Best Buy, and PetsMart. Boyle continues the management and leasing of Germantown Village Square in Germantown, Tennessee, the first acquisition made by the Midsouth Capital Fund. This 200,000-square-foot, mixed-use center strategically located at the highly trafficked intersection of Poplar Avenue and Germantown Road offers both retail and office space.