Glimcher Realty Trust Announces One Nineteen to Become Town Center Crossing

  Glimcher Realty Trust Announces One Nineteen to Become Town Center Crossing

One Nineteen will receive a new name, branding and a shared property directory
                            with Town Center Plaza

Business Wire

LEAWOOD, Kan. -- November 06, 2012

To further join Town Center Plaza and One Nineteen, Glimcher Realty Trust has
announced it will rename One Nineteen: Town Center Crossing. Glimcher, one of
the premier retail REITs and the owners of One Nineteen and Town Center Plaza,
will rebrand both centers with new logos, new signage and a shared property
directory.

“Our hope by rebranding the properties is to create the Town Center district,
marking one of the best retail areas outside of Kansas City,” said Marshall
Loeb, President and COO, Glimcher Realty Trust. “We love the Leawood community
and believe the combined shopping district will further entice
first-to-market, upscale retailers, which have been synonymous with both
centers.”

Retailers are already taking notice. Brooks Brothers opened a 7,000 square
foot men’s, women’s and children’s flagship store last week at Town Center
Plaza. At Town Center Crossing, Orvis, a 5,000 square foot outdoor and
sporting goods store, recently opened and Feng, a 4,000 square foot women’s
boutique, will be opening later this month.

New signage will be in place before the holiday shopping season while updated
social media tools have already been launched. You can find Town Center
Crossing and Town Center Plaza on Twitter, Facebook, and YouTube.

“Shared events and promotions will also create synergy between the two
centers,” said Len Corsi, General Manager for Town Center Crossing and Town
Center Plaza. “We are excited about the new name and unveiling the Town Center
district.”

About Town Center Plaza

Town Center Plaza is a 430,000 square foot open air shopping center located at
5000 W. 119th Street, Leawood, KS. The upscale shopping center is home to more
90 retailers and restaurants such as, Macy’s, Pottery Barn, Anthropolgie,
Madewell, J. Crew and Bravo! Cucina Italiana. For more information, please
visit www.towncenterplaza.com. The center is open Monday-Saturday 10 a.m. to 9
p.m. and Sunday noon to 5 p.m. Town Center Plaza is owned and managed by
Glimcher Realty Trust of Columbus, Ohio.

About Town Center Crossing

Town Center Plaza is a 165,000 square foot open air shopping center located at
4425 W. 119th Street, Leawood, KS. The upscale shopping center is home to more
than 25 retailers and restaurants such as Kansas City’s only Crate and Barrel,
Apple, lululemon, Trader Joe’s and Sullivan Steakhouse. For more information,
please visit www.towncentercrossing.com. The center is open Monday-Saturday 10
a.m. to 9 p.m. and Sunday noon to 5 p.m. Town Center Crossing is owned and
managed by Glimcher Realty Trust of Columbus, Ohio.

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 owns interest in and manages 27 properties
comprising gross leasable area totaling approximately 21.6 million square
feet.

Glimcher Realty Trust’s common shares are listed on the New York Stock
Exchange under the symbol “GRT.” 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.

Contact:

Glimcher Realty Trust
Leonard Corsi, General Manager
Cris Burnett, Marketing Director
913-498-1111
cburnett@glimcher.com