Glimcher Names Victor Pildes as Senior Vice President, Development

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Glimcher Names Victor Pildes as Senior Vice President, Development

COLUMBUS, Ohio--(BUSINESS WIRE)-- Glimcher Realty Trust (NYSE: GRT) announced today the appointment and election of Victor Pildes as Senior Vice President, Development. In this role, Pildes will be responsible for providing leadership in project management and design, strategic planning, and overall direction for all new development and redevelopment activities throughout the portfolio.

Prior to joining Glimcher, Mr. Pildes served as Vice President and Consultant for Centrum Partners of Chicago, Ill. In addition, he has served as Senior Vice President at Westfield and Senior Vice President, Development at JMB/Urban Retail Properties Company.


"With a full pipeline of redevelopment projects at some of our core retail properties, we are pleased to announce the addition of Victor Pildes. Vic brings more than 25 years of development and project management experience to the company and will assist us in identifying key projects that have the capacity to improve the composition of the portfolio," said Marshall Loeb, President and Chief Operating Officer at Glimcher.

About Glimcher Realty Trust

Glimcher Realty Trust, a real estate investment trust, is a recognized leader in the ownership, management, acquisition and development of retail properties, including mixed use, open-air and enclosed regional malls as well as outlet centers.

Glimcher Realty Trust's common shares are listed on the New York Stock Exchange under the symbol "GRT." Glimcher Realty Trust's Series G, Series H, and Series I preferred shares are listed on the New York Stock Exchange under the symbols "GRTPRG," "GRTPRH," and "GRTPRI," respectively. Glimcher Realty Trust is a component of both the Russell 2000® Index, representing small cap stocks, and the Russell 3000® Index, representing the broader market. Glimcher® is a registered trademark of Glimcher Realty Trust.

Visit Glimcher at: www.glimcher.com.



Glimcher Realty Trust
Karen Bailey, Director, Corporate Communications, 614-887-5847
kbailey@glimcher.com
www.glimcher.com

KEYWORDS:   United States  North America  Ohio

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