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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
78.0°F
A Few Clouds
Wind: Southwest at 9.2 mph
Humidity: 87%

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 77 77 11,602
MORTGAGES 79 79 13,506
FORECLOSURE NOTICES 0 0 1,858
BUILDING PERMITS 96 96 24,260
BANKRUPTCIES 53 53 7,526
BUSINESS LICENSES 31 31 3,943
UTILITY CONNECTIONS 49 49 4,730
MARRIAGE LICENSES 20 20 2,564

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