Wednesday, March 22, 2017

'Modern' Retail Center Coming to Midtown

Posted By on Wed, Mar 22, 2017 at 12:45 PM

click to enlarge This new retail center will built at the corner of Union and Diana. - LOEB PROPERTIES
  • Loeb Properties
  • This new retail center will built at the corner of Union and Diana.


An old Valvoline lube shop on Union will soon become a “modern” shopping center.

On Tuesday, Loeb Properties filed a building permit for the project valued at more than $1.1 million. The new center will be built at the Midtown corner of Union and Diana, not far from Overton Square.

The company said the center will total 7,500 square feet. Only 2,250 feet is still available, the company said, but would not identify any companies who have already leased space there. Loeb said the remaining space would be ideal for a restaurant with a patio or for a retail location.

Demolition will begin on the Valvoline structure on the site April 1, the company said. The new space will be completed this fall.

“This constitutes a rare opportunity for a tenant to move into brand new retail space on Union Avenue in the heart of Midtown," Aaron Petree, Loeb's leasing broker for the property, said in a statement.

click to enlarge The current site at Union and Diana. - GOOGLE MAPS
  • Google Maps
  • The current site at Union and Diana.


Comments (8)

Showing 1-8 of 8

Add a comment

 
Subscribe to this thread:
Showing 1-8 of 8

Add a comment

ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT

Readers also liked…

  • Contemporary Media Inc. Hires Michael Donahue

    • Apr 27, 2017
  • Memphis' "Summer of Fear"

    Thirty-seven years ago this week, Memphis became a city in fear. In the late summer of 1969, a cold-blooded killer stalked the streets, and over a period of 28 days, police made one grisly discovery after another. In the end, the slayer was captured after a wild chase by a posse of ordinary citizens. After his arrest, George Howard Putt told reporters, “I’d do it all again.” The murder spree began on the afternoon of August 14, 1969 ...
    • Mar 16, 2016
  • State Won't Allow Zoo Trams in Old Forest

    • Jul 18, 2016
ADVERTISEMENT
ADVERTISEMENT
© 1996-2017

Contemporary Media
460 Tennessee Street, 2nd Floor | Memphis, TN 38103
Visit our other sites: Memphis Magazine | Memphis Parent | Inside Memphis Business
Powered by Foundation