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VOL. 121 | NO. 134 | Monday, July 3, 2006

Loeb Properties Adds Eight Shopping Centers To Retail Portfolio

Continues trend of buying new properties and selling old

Loeb Properties Inc. recently grew its retail unit with the purchase of eight shopping centers for $12.7 million, a move that brings Loeb's retail portfolio to 104 properties.

Scratching a Niche: Retailers find comfy home in urban core

Leslie Lawhon, a displaced New Yorker, parlayed her love of fashion and jewelry into a new boutique. Frank Cole started a full-service salon. And Stan Holmes, a Memphis Realtor, just opened a coffee shop with a twist.

Among Other Events, Collierville Hosts Fireworks Extravaganza Today

July 3

Local Weather
Currently
Memphis, TN
50.0°F
Fair
Wind: from the Northwest at 13.8 gusting to 19.6 mph
Humidity: 39%

EVENTS

The Daily News will be closed Tuesday in observance of Independence Day, but will reopen for normal business hours at 8:30 a.m. Wednesday.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 89 344 19,573
MORTGAGES 110 422 22,914
FORECLOSURE NOTICES 2 8,305 8,305
BUILDING PERMITS 207 838 40,029
BANKRUPTCIES 60 356 13,104
BUSINESS LICENSES 21 194 6,137
UTILITY CONNECTIONS 30 147 12,996
MARRIAGE LICENSES 15 65 4,842

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The Memphis News: Business, politics, and the public interest.