Lloyd Center fetches $192 million Sep 18, 2009
Lloyd Center parent company Glimcher Realty Trust lost nearly $5 million the first six months of 2009, the newspaper reported. More Headlines. (KGW Northwest NewsChannel 8, OR)
Glimcher Realty Trust Announces Pricing of Public Offering of Common Shares Sep 17, 2009
COLUMBUS, Ohio, Sept. 16 /PRNewswire-FirstCall/ -- Glimcher Realty Trust (NYSE: ) announced today the pricing of its public offering of 26,666,667 common shares at a price of $3. 75 per share. (PR Newswire)
Real Estate Recovery Won't Reap More Than 2004 Prices, Simon Property Says Sep 16, 2009
6 billion, according to New York-based research company Real Capital Analytics Inc. The announcement by Glimcher Realty Trust this week that it agreed to sell Lloyd Center, a regional mall in Portland, Oregon, for about $192 million is one indication that buyers and sellers are beginning to come to terms, Simon said. Were getting closer, he said. (Bloomberg -- US)
Glimcher Realty to Sell $80M in Common Shares Sep 15, 2009
Glimcher Realty Trust to sell $80 million worth of common shares in public offering ... Glimcher Realty Trust said Monday it has commenced an offer to sell $80 million worth of its common shares in a public sale. (ABC News -- Wire)
Congressman Pat Tiberi Visits Glimcher's Polaris Fashion Place in Columbus, Ohio Aug 28, 2009
COLUMBUS, Ohio, Aug. 27 /PRNewswire-FirstCall/ -- Glimcher Realty Trust (NYSE: ), one of the country's premier retail REITs, announced that U.S. Representative Patrick J. Tiberi met today with Glimcher and industry executives at Polaris Fashion Place in Columbus, Ohio ... Glimcher Realty Trust, a real estate investment trust, is a recognized leader in the ownership, management, acquisition and development of malls, which includes enclosed regional malls and open-air lifestyle centers as well as... (PR Newswire)
Glimcher Reports Second Quarter 2009 Results Jul 23, 2009
COLUMBUS, Ohio, July 22 /PRNewswire-FirstCall/ -- Glimcher Realty Trust (NYSE: ) today announced financial results for the second quarter ended June 30, 2009 ... Glimcher Realty Trust, a real estate investment trust, is a recognized leader in the ownership, management, acquisition and development of malls, which includes enclosed regional malls and open-air lifestyle centers, as well as community centers ... Glimcher Realty Trust's common shares are listed on the New York Stock Exchange under... (PR Newswire)
Glimcher Realty flips to 2Q loss Jul 23, 2009
Troubles among tenants in Glimcher Realty Trust s portfolio of shopping centers helped send the company to a loss of more than $1 million in the second quarter. The Columbus-based real estate investment trust told investors after the markets closed Wednesday that it lost $1. (Columbus Business First, OH)
Buyer makes offer for bishop's mansion Jun 17, 2009
Mr. Glimcher is the son of shopping-center owner Herbert Glimcher, whose Glimcher Realty Trust building is in Columbus, Ohio. Marylynne Pitz can be reached at or 412-263-1648. (Pittsburgh Post-Gazette, PA)
Recession Turns Malls Into Ghost Towns... May 23, 2009
"Any mall that's sitting on life support is probably going to get its plug pulled" as the economy stalls, says Michael Glimcher, chairman and CEO of Glimcher Realty Trust, which owns 23 U.S. properties, including Eastland Mall in Charlotte ... But the mall's current owner, Glimcher Realty Trust, the Columbus, Ohio-based owner of 23 malls, is keen to sell Eastland rather than spend the hefty sums needed to redevelop it. (The Drudge Report)
Macerich equity offering desired by institutional investors May 6, 2009
The first portfolio manager said companies which followed Macerich on his list of most desirable mall equity issues were CBL and Associates Properties (NYSE: CBL) Glimcher Realty Trust (NYSE: GRT) and Pennsylvania R.E.I.T. (NYSE: PEI). However, the portfolio manager acknowledged those companies portfolios could be a tough sell in the equity markets. (FT.com -- Markets)
Scottsdale Quarter set for quiet opening Mar 20, 2009
Glimcher Realty Trust, based in Columbus, Ohio, is developing Scottsdale Quarter with Vanguard City Home and the Wolff Co.. About 90 percent of the Phase 1 retail space and two-thirds of Phase 2 is spoken for with signed leases or letters of intent, according to Glimcher. (AZCentral -- Business)
Retail REITs Have Further to Fall Even After 78% Slump as Stores Struggle Mar 16, 2009
Glimcher Realty Trust, which closed March 13 at $1. 40, and CBL & Associates Properties Inc., at $2. (Bloomberg -- US)
Glimcher Realty Trust Board of Trustees Declares Quarterly Dividend Mar 13, 2009
COLUMBUS, Ohio, March 12 /PRNewswire-FirstCall/ -- Glimcher Realty Trust (NYSE: ), one of the country's premier retail REITs, today announced that the company's Board of Trustees has declared a quarterly cash dividend on its common shares and operating partnership units of $0 ... About Glimcher Realty Trust ... Glimcher Realty Trust, a real estate investment trust, is a recognized leader in the ownership, management, acquisition and development of regional and super-regional malls. (PR Newswire)
