Belz owns and operates the Peabody Hotels in Memphis, Little Rock, and Orlando. In past years much of its operations have been centered on the development of new factory outlet-type malls and the conversion of some its older traditional properties into such. In recent years they have developed more traditional shopping centers including strip-malls and the new Peabody Place in downtown Memphis, commercial office, and warehouses space. The firm is based in Memphis, Tennessee. Ronald A. Belz serves as Chief Operating Officer.
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