ABOUT GLIMCHER GROUP
The name Glimcher Group has become synonymous with quality in all aspects of commercial development. An industry leader in the creation and improvement of shopping centers, Glimcher Group has mastered the development process ranging from small strip centers, to large power centers, and everything in between.
Our 100% commitment can be seen in the successful location, tenant mix, and community service of all Glimcher projects.
Glimcher Group has focused on developing premier retail shopping centers and acquiring under-performing retail assets in order to maximize their value through first-class redevelopment, re-leasing, and management.
We have always strived for 100% satisfaction of both our tenants and our communities. Our team’s full commitment has always made this happen.
As a major private developer, we have been able to move quickly in order to achieve continued success for the last 30 years. We have expanded our success through both joint ventures and third party investors.
Capitalizing on our past, Glimcher Group looks forward to growth through acquisition and redevelopment of the under performing opportunities that are becoming available at this time.
Through Glimcher Group’s own liquidity and outside funds our growth potential for the next 10 years will out-pace our past success.
Our team’s experience and commitment are what set us apart from the competition. Our management team has a combined 75+ years of experience in the development, leasing and management of retail properties.
The Glimcher Group management team includes:
GLIMCHER BY THE NUMBERS
0+Years in Business
Vice President & Controller
Vice President of Asset Management
Vice President of Acquisition & Operations
COMMERCIAL REAL ESTATE SERVICES
AcquisitionAt Glimcher Group, the acquisition of retail opportunities has been the most important and integral part of the growth of Glimcher Group.
Our first major acquisition in 1989 added almost 2 million square feet to our retail portfolio. Our primary focus is on community, small box store-anchored, and grocery-anchored shopping centers.
In today’s economy, well capitalized companies such as Glimcher Group will have an incredible opportunity to work with lenders and developers in order to acquire centers that are great turn-around opportunities. With our history, knowledge and proven record, acquisitions will be the main growth engine for our company during the next decade.
DevelopmentDevelopment has been an integral part of Glimcher Group’s growth since our founding. Our relationship with national and regional tenants has led to successful developments throughout the United States
Throughout our history, our developments have been at least 70% pre-leased prior to starting construction. Through conservative practices in an aggressive business segment, Glimcher Group has been able to create strong and profitable developments. Our success and that of our tenants continues to be win—win.
Brokerage / Leasing
Glimcher Brokerage provides a full complement of leasing, tenant representation and property management services to national, regional and local shopping center owners, developers and retailers. Our success today is primarily due to the close relationships we have earned with our clients, professional associates, and fellow brokers. It is these relationships, combined with our commitment to service and complementary skills, that have allowed us to become one of the most respected and effective retail real estate service providers in the Pittsburgh area.
Glimcher is a member of the International Council of Shopping Centers (ICSC), the global trade association of the shopping center industry, which provides our people with networking and educational opportunities to stay current with industry trends.
Our list of shopping center owners, developers and retail clients represent a broad spectrum. From Fortune 500 companies to small-business owners, our client list is extensive and our experience is broad.
Property ManagementGlimcher manages your real estate asset as if it were our own. We are fully committed to maintain, and always strive to increase, the financial performance and future value of every retail property; in a manner that is both safe and attractive as a community retail destination.
Glimcher property management solutions can provide you with a variety of services, suited entirely to meet your specific needs. Our approach toward property management, which is fully integrated with Glimcher leasing and brokerage services, provides us with a unique turn-key advantage, and that advantage is passed on to our clients.
We know and understand the life cycle of specific building components and when improvements are more appropriate than continual costly repairs. Each decision we make is highly scrutinized and qualified from a variety of perspectives. Life cycle issues, short and long term tenant income factors, occupancy, supply and demand are all key factors in maximizing your return on investment. Our complete property management cost and accounting system provides our clients with a real time 100% solution to manage their shopping centers.
REAL ESTATE SERVICES
NEWS & UPDATES
Since its founding in 1984, the Glimcher Group has placed the utmost priority on being an active member of the communities our shopping centers serve. We believe that this strong bond goes beyond our relationship with local governments and extends to our efforts to support local charities & non-profit organizations.
One of the many ways the Glimcher Group engages with local organizations is by making our facilities available to host events. In the past our shopping centers have hosted a variety of events, including:
We want to emphasize the “community” aspect of our community shopping centers.
If your organization would like to inquire about using one of our shopping centers to host an upcoming event, please use the contact form at the bottom of this page to issue your request.
The Glimcher Group makes financial contributions to a number of charitable causes.
We are involved with and financially support charities that serve children and the elderly. We also donate to causes that focus on education, culture and the arts.
Our corporate culture encourages all of our employees to be charitable.
In addition to each of our employees making personal donations to local organizations through United Way of Allegheny County, the Glimcher Group supports the following charities:
Over the past decade, the Glimcher Group has taken steps to reduce the environmental impact of our operations.
Glimcher Group’s sustainability initiatives include the addition of the following at many of our shopping centers:
One of our shopping centers, Garfield Commons, is home to one of the greenest McDonald’s locations in North America. The 4,000 ft² restaurant is heated & cooled by geothermal wells and its high-efficiency appliances & LED lights are powered, in part, by the 341 solar panels over the outparcel’s parking lot.