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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
80.0°F
Fair
Wind: Calm mph
Humidity: 74%

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 90 140 15,764
MORTGAGES 100 162 18,210
FORECLOSURE NOTICES 8 21 2,426
BUILDING PERMITS 194 315 32,829
BANKRUPTCIES 57 116 10,129
BUSINESS LICENSES 25 50 5,228
UTILITY CONNECTIONS 35 64 6,213
MARRIAGE LICENSES 26 50 3,463

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