Tuesday, May 22, 2012


Glimcher wraps sale of stake in 2 malls

Glimcher Realty Trust told investors Monday it has closed a deal to sell majority stakes in a pair of shopping malls to private equity provider Blackstone Group LP , a transaction the real estate investment trust called a shot in the arm for future growth.

Read the whole story here: Glimcher wraps sale of stake in 2 malls

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