GRT

Type: Public
On the web: http://www.glimcher.com
Employees: 1,054
Employee growth: 1.2%

In Glimcher's ideal world, we'd all be glimmering and glamourous shopaholics. A self-administered and self-managed real estate investment trust (REIT), Glimcher acquires, develops, and manages retail real estate. Its portfolio includes approximately 25 enclosed shopping malls (a couple owned through a joint venture) and about five strip shopping centers for a total of some 21.6 million sq. ft. of space. Properties are located in about 15 states, primarily in the East and Midwest. Major tenants include Limited Brands, The Gap, and Foot Locker. Glimcher has spent several years divesting its shopping centers so it can focus on its mall properties.

Key numbers for fiscal year ending December, 2008:
Sales: $237.3M
One year growth: 10.4%
Net income: $16.8M
Income growth: (56.3%)

Officers:
Chairman Emeritus: Herbert Glimcher
Chairman and CEO: Michael P. Glimcher
President and COO: Marshall A. Loeb

Competitors:
CBL & Associates Properties
General Growth Properties
Simon Property Group

GRT may refer to:

• Grease Removal Technology, or GRT- Lipase enzyme
• General Recorded Tape, aka GRT Corporation, a defunct corporation that owned Chess Records and Janus Records as well as being a label in its own right
• General relativity theory
• Gross Register Tonnage, a measure of the cargo capacity of a ship
• GRT Corporation, an American IT services provider headquartered in Stamford, CT
• Grand River Transit, a regional transit authority in the Region of Waterloo, Ontario, Canada

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