Boyle Investment Company in Cool Springs is pleased to announce the formation of the Midsouth Capital Fund I, LLC, which is targeting approximately $80 to $100 million in real estate investment opportunities throughout the mid-south region, with a special focus on Memphis and Nashville.
Current initial equity capital committed is $32 million, with Boyle Investment Company and related entities contributing $10 million of the total raised. Rusty Bloodworth, Paul Boyle, Henry Morgan and Mark Halperin are behind the new real estate investment fund by Boyle.
In its first transaction in the Nashville region, the Midsouth Capital Fund I acquired the 43,000-square-foot Goodlettsville office building, which will serve as the new corporate headquarters for Commonwealth Brands. The second transaction in the Memphis region involved the purchase of a majority interest in Germantown Village Square Shopping Center at the highly visible intersection of Poplar Avenue and Germantown Road.