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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
59.0°F
Partly Cloudy
Wind: East at 6.9 mph
Humidity: 44%

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 110 405 5,939
MORTGAGES 141 492 7,092
FORECLOSURE NOTICES 0 85 1,115
BUILDING PERMITS 161 1,006 12,591
BANKRUPTCIES 43 259 4,347
BUSINESS LICENSES 49 184 2,363
UTILITY CONNECTIONS 22 160 2,540
MARRIAGE LICENSES 31 108 1,235

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