Developers Diversified, Glimcher swap retail centers in Kansas, Ohio

Developers Diversified Realty and Glimcher Realty Trust are swapping retail centers under an agreement. DDR is trading an open-air center in Kansas City, Kan., for a shopping center in Columbus, Ohio, called Polaris Towne Center. Glimcher will pay $139 million for the Kansas center, called Town Center Plaza. DDR will pay $80 million for its new asset.

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Plain Dealer (Cleveland), The · Kansas City Star (Mo.), The

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