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Riding piggyback on Goliath.(Business Outlook)

Albuquerque Journal (Albuquerque, NM)

| February 21, 2005 | This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Diane Velasco Journal Staff Writer

* Real estate investment company buys the little retail strips beside Wal-Marts

Las Cruces native Edgar Lopez has come a long way from shining shoes as a child for extra money.

Today, Lopez is president of Las Cruces-based IMA Inc., a national real estate investment company with a portfolio worth more than $125 million.

Lopez founded the company in 1973. But it is within the last three years that he discovered a niche that has garnered attention from big-city real estate investment trusts -- Super Wal-Mart strip centers.

Twenty-two of them, to be exact.

In one eye-popping, $40.5 …

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