Hopdoddy Burger Bar coming to Overton Square

March 6, 2017 LPI Memphis

An Austin-born hamburger-and-beer chain called Hopdoddy Burger Bar will go into the building now inhabited by Yolo in Overton Square.

Loeb Properties revealed on Monday the new tenant for the building which the landlord had previously said will be expanded, renovated and given a new look.

Construction is to start this month and Hopdoddy will open this fall at 6 S. Cooper, according to Loeb Properties.

The building anchoring the southeast corner of Madison and Cooper also houses a Lenny's Sub Shop, which was to stay.

R ead more in the Commercial Appeal

Loeb renovating East Memphis building

November 30, 2016 LPI Memphis

A circa 1960 East Memphis retail building is about to be renovated by Memphis-based Loeb Properties Inc.

Construction is expected to start in early 2017 on the Seabrook building, located at 601 S. Mendenhall Road. Available space ranges from 1,700 square feet to 7,600 square feet. The site has 71 parking spaces with 36 on-site and 35 spaces on the street.

“Potential tenant mix could be any quality retail, restaurant, service or office use,” said Aaron Petree, vice president of brokerage with Loeb Properties.

Petree said they are flexible with potential tenants and could accommodate most commercial businesses. Loeb Properties purchased the building in June 2016 for $1 million, according to the Shelby County Assessor of Property's website.

Stoners, Rejoice! Cookie Delivery Service Coming to Highland Strip

October 17, 2016 LPI Memphis

Loeb Properties announced today that Insomnia Cookies, a company specializing in cookie and ice cream home delivery, will set up shop on the Highland Strip between Newby's and the upcoming Petra Cafe. Insomnia Cookies will offer delivery between the hours of 10:00 p.m. and 3:00 a.m..

According to multiple sources, several demurred, sleepy responses of, "Sweeeeet" could be heard from various students at the University of Memphis as word of the cookie chain's impending arrival traveled around campus.

Mediterranean restaurant opening near U of M

October 12, 2016 LPI Memphis

A Mediterranean restaurant is the latest tenant headed to the Highland Strip.

Petra Cafe signed a lease for 1,000 square feet of space at 547 S. Highland St. Construction on the build-out will begin soon, and the restaurant should open in early 2017.

“We are just excited that the Highland Strip is filling up with a great variety of tenants that we feel will not only serve the student populations, but also the residents in the area,” said Ciara Neill, director of marketing for Loeb Properties.

The buildings that comprise the Highland Strip – which technically span from The Bluff, a music venue and Cajun-inspired restaurant at 535 S. Highland St., to iCon Clothing at 575 S. Highland St. – are owned by Loeb Properties. Four tenant bays are still available for lease, including: 551 S. Highland St., with 3,400 square feet; 549 S. Highland St., with 2,800 square feet; 565 S. Highland St., with 1,200 square feet; and 571 S. Highland St., with 1,300 square feet.

Overton Square Atrium Has New Operator

June 24, 2016 LPI Memphis

"On a Friday morning, the Atrium in Overton Square may host a corporate meeting, with a wedding planned for that same night.

As the event venue’s new operator, CFY Catering will manage event bookings, planning, preparation and of course, the food.

Overton Square and venue management are both new territories for the Bartlett-based catering company."

Done Deals: Loeb Properties Signs Spate of Leases

June 20, 2016 LPI Memphis

"Loeb Properties has released a slew of recent leases that fill vacancies from Overton Square to Germantown.

• CFY Catering will be the new operator for the The Atrium, an event venue at 2105 Madison Ave. in Overton Square. Owned by Kevin andKristi Bush, CFY has another location at the Loeb Properties-owned Daybreak Shops in Bartlett. CFY’s lease begins July 1.

• Delta Health Alliance signed a 2,043-square-foot lease at 59 N. Cooper St. The nonprofit supports and operates community-based clinics and promotes health education in the Mississippi Delta.

• Elations His and Hers Boutique signed a 1,750-square-foot lease at 714 N. Germantown Parkway, in the Trinity Commons Shopping Center. Trecia Jones operates the clothing and accessories store.

• Mario’s Pool Supply signed a 1,200-square-foot lease at 1986 Exeter Road, at the Farmington Centre in Germantown. The retail shop specializes in pool supplies and accessories."

Loeb's Vision of Highland a 'Playground' for University Area

June 13, 2016 LPI Memphis

"Loeb Properties has become almost synonymous with the word 'revitalization' in the Memphis commercial real estate sector. His current project — the Highland Strip."

2016 Society of Entrepreneurs Inductee: Bob Loeb

May 27, 2016 LPI Memphis

"Bob Loeb will take a moment to point out who’s who in a series of remarkable images hanging on the walls of Loeb Properties.

The framed newspaper advertisements offer the sort of nostalgia that brings a smile to Memphians of a certain age. Bob and his siblings were prominently featured in the decades-old ads that touted the enterprises of their father, Bill Loeb, who put the entrepreneurial family’s name on stores all over the region, selling, among other things, laundry and dry cleaning services, and Loeb’s Tasty Bar-B-Q (“The Best Little Pig on the Market”). "

Loeb Properties Looking to Develop Highland Strip

May 18, 2016 LPI Memphis

"Loeb Properties, the commercial real estate and property management company that revitalized Overton Square, is taking on a new area of town.

The Highland Strip, in the heart of the U of M area, is where representatives with the company are hoping to breathe new life. Representatives said they have renovated some of the existing buildings. They have added the fireball exhibit, right next to Newby's, and they plan to add more public art.

Business owners on the strip are happy to see renovations and changes on the block."

Watch & read the full story at Local Memphis

Before Successes, Loeb Started from Zero – Twice

April 22, 2016 LPI Memphis

"Barreling down Madison Avenue in a black corduroy blazer and a pert, pink pocket square, Bob Loeb seems distracted. Then I realize: he’s editing. Move that tree, put a mural there. Tear that down, build that up.

“What do you think, and be honest,” he inquires. “Put the ballet over there, on the corner? Or across the street, next to Hattiloo?”

For most people, it would be idle speculation – but not for Loeb. Although he didn’t own the land Ballet Memphis ended up buying, he does own 12 acres in the immediate vicinity. Over the last five years, he’s transformed them into some of the most valuable real estate in the city."

Giant 'Highland Strip' sign comes to district near U of M

April 5, 2016 LPI Memphis

"For anyone standing or driving by Highland Street at Walker Avenue, there should no longer be any mistaking what commercial district they're in.

A sign proclaiming the "Highland Strip'' now stands in bright red letters that are 6 feet high, 77 feet long and mounted high on the rooftop of the tight row of commercial buildings long known as a hangout for University of Memphis students.

And for the record, the font is slightly modified copperplate gothic.

Loeb Properties had Frank Balton Sign Co. install the letters on Friday. Loeb owns the two buildings underneath -- Whatever smoke shop and another space available for lease -- as well as other buildings the company has purchased on the Strip and in the University District over the past two years.

Neon outlines the inside edge of the letters, poised to be illuminated at night. "I can't wait to see it lit,'' said Rachelle Cordova, who as general manager of the Domino's Pizza across Highland from the sign, may be seeing the sign more than anyone else."

The Bluff to bring live music, restaurant to Highland Strip

April 5, 2016 LPI Memphis

"A new music venue and restaurant called The Bluff is coming to the rejuvenated Highland Strip.

Remodeling of the 5,952 square feet at 535 S. Highland should start within a month, landlord Loeb Properties announced Monday.

The Bluff will include two downstairs bars, a large stage and green room, a 1,300-square-foot mezzanine with an additional bar, outdoor patio seating next to the stage, and another patio facing Highland that offers an outdoor/indoor atmosphere. The Bluff will have entrances on Highland and in the rear closer to the renovated, back parking lot.

Among The Bluff owners are Hudson Chadwick, who owns Rafters Music and Food and The Corner Bar in Oxford, Mississippi.

"The venue will feature live music including country and rock-and-roll acts appealing to nearby University of Memphis students and Memphis residents alike while also offering a great place to watch sporting events on the multiple televisions and projectors,'' states a release by Loeb Properties."

Business Owners Want You To 'Meet Along Madison'

March 17, 2016 LPI Memphis

"We have Downtown Dining Week and Memphis Black Restaurant Week. Now, a new event is highlighting businesses on Madison Avenue in Midtown Memphis. Next Tuesday and Wednesday, you can just say "Meet Me Along Madison!"

Participating businesses will offer specials for $20.16. It is not just restaurants participating."

Watch more at LocalMemphis.com

Loeb Wants to be "Great Neighbor" in University District

February 9, 2016 LPI Memphis

"Residents reacted to Loeb Properties presentation on the Highland Strip with both excitement and concern at a recent University District Summit.

Loeb Properties owns roughly two-thirds of the Highland Strip and is now trying to revitalize the area into a walkable entertainment district."

Loeb Converting 'Prime' Poplar Location into Office Space

February 4, 2016 LPI Memphis

"Once a bank, a Poplar Avenue building is about to be repurposed into office space.

Loeb Properties Inc., owner of the 5270 Poplar Ave. site, is in the process of giving the building a complete overhaul. Previously, it housed a Bank of America branch."

Loeb to Give Highland Strip the Overton Treatment

January 19, 2016 LPI Memphis

"The Highland Strip is being revitalized and one of the companies at the helm of its restoration was also behind Overton Square’s comeback.

Loeb Properties Inc. now owns the buildings from 569 S. Highland St. to 535 S. Highland Street, minus the vacant lot located at 559 S. Highland St. The plan, construct a walkable entertainment district."

No Vacancies: Overton Square 100% Leased

September 9, 2015 LPI Memphis

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"Six years ago its then-leasing agent described the mostly empty Overton Square as an outdated commercial center, much of which should be razed and rebuilt with a big-box grocery behind a suburban-style parking lot.

But on Tuesday came confirmation that the preserved and renovated Square is 100 percent leased with the signing of its 27th tenant, women’s clothing store The Ivory Closet at 2095 Madison.

“I think that had somebody told me it would be 100 percent occupied at this point in time we probably wouldn’t have forecast that conservatively,” said Aaron Petree, leasing broker for Square owner Loeb Properties.

With a long list of more businesses that have expressed an interest in moving into the walker-friendly Midtown entertainment district, Memphis-based Loeb Properties is now making plans to erect new retail space on the last few surface parking lots that line Cooper and Madison."

MUS Today: Overton Square Over Again

September 5, 2015 LPI Memphis

"That was Overton Square in the 1970s, conceived by a group of young and ambitious businessmen. They transformed the quiet Midtown intersection of Cooper and Madison into Memphis’ premier destination for a good time. Judging by recent Friday night crowds, one might imagine that the mojo never subsided – that the patios have always been a swirling mix of theatergoers, bachelor parties, yoga students, and foodies. But not only did Overton Square spend nearly two decades on life support, it nearly flatlined a few years ago.

The storefronts were bare. Out-of-town owners balked at the cost of renovation. Bulldozers would flatten the block. In its place would rise a strip mall and a discount grocery store. Fortunately, Overton Square was reclaimed by Memphians who wanted their good times back. It required a special group of people to build – and then rebuild – the heart of Midtown Memphis. But then, Overton Square has always benefited from bold and progressive backers – many of whom call Memphis University School their alma mater."

Overton Square To Host October Blues Festival

August 20, 2015 LPI Memphis

"Overton Square will host a two-day blues festival in October billed as the first of its kind in the city since 1969.

The Bona Fide Blues Festival on Oct. 2 and 3 is being presented by the Memphis Blues Society and will feature two free outdoor stages in the entertainment district. It also will include blues performances in four Overton Square businesses using $25 wristbands. A $100 VIP wristband includes admission to a party before the two-day festival."

Make a Mess: Vergos Sisters Open Art Studio for Kids in Overton Square

July 23, 2015 LPI Memphis

"If you eat a plate of ribs at Charlie Vergos’ Rendezvous, you’re likely to walk away with messy fingers. You’re also likely to get messy at a new business in Overton Square, where sisters Anna Vergos Blair and Katherine Vergos Riederer have opened their kid-friendly creativity zone The Art Project.

Only six months ago, the pair dreamed up a place where kids could make art, parents could engage or kick back with adult beverages, and no one’s carpet had to be made a casualty.

“Basically anything that makes a mess, (my daughter Matilda) loves, but I didn’t love the mess in my house,” Blair said. “I started looking for a place to do free art, free in the sense of let them do what they want and explore different materials with no real set projects or no visible outcomes."