Glimcher: Retail community responded well to crisis

07/21/2010 | REIT.com

The retail community has come through the credit crisis very well, says Michael Glimcher, chairman and CEO of Glimcher Realty Trust. "We didn't see any bankruptcies among national tenants in Q1, which is significant. Also, their balance sheets are much stronger than they have ever been," he said. Glimcher is actively looking at opportunities with its joint-venture partner Blackstone Group.

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