Specializing in managing and developing regional malls and shopping centers, Glimcher Realty Trust is a real estate investment trust based in Columbus, Ohio. The company has over 23 malls and three community centers being managed.
As one of the country’s leading retail estate investment trusts, they have a portfolio of open air centers, fashion outlets and enclosed regional malls throughout the country. Since its founding more than 50 years ago, the business has evolved from a family-owned company involved in developing anchored strip centers and single tenant to a business focused on high quality malls. The company has gone public in January 1994 and trades on the New York Stock Exchange under the symbol GRT.
It was Herb Glimcher who started the business as the Glimcher Company and later on formed the Glimcher Realty Trust in the 1990s. Because of the loss of the business in 2008, Standard & Poor’s lowered their credit rating as a result of their declining trust portfolio.
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