Lululemon Athletica, Compartment: A and Lenscrafter Optique Join Tenant Roster At Scottsdale Quarter

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Newest additions to Scottsdale Quarter tenant roster add to diverse tenant mix.

By opening at Scottsdale Quarter," said Loeb, "these retailers are demonstrating their confidence in both the Phoenix-Scottsdale market and in our project.

Columbus, Ohio-based Glimcher Realty Trust (NYSE:GRT), today announced that lululemon athletica, compartment: A and LensCrafters Optique have joined the growing tenant roster at its Scottsdale Quarter project located in Scottsdale, Ariz. Marshall Loeb, President & Chief Operating Officer, made the announcement.

lululemon athletica is a yoga-inspired athletic apparel company founded in Vancouver, B.C. in 1998. Currently, lululemon has 130 stores in Canada, the United States and Australia.

compartment: A, a men’s fine clothier, will emphasize a simple yet refined elegance to illustrate both their private label and multi-brand collection.

LensCrafters Optique, an eyeglass retail and optometrist office, will make and dispense prescription eyeglasses as well as sell and fit contact lenses. Eye exams are also available.

These three stores will join the strong and growing lineup of Scottsdale Quarter tenants, which includes Apple, Brio Tuscan Grille, H&M, west elm, and Williams-Sonoma Home.

“By opening at Scottsdale Quarter," said Loeb, "these retailers are demonstrating their confidence in both the Phoenix-Scottsdale market and in our project. We’re thrilled to add them to the Scottsdale Quartet tenant roster."

A 28-acre mixed-use development located in Scottsdale, AZ, Scottsdale Quarter occupies 370,000 square feet and features an impressive roster of national retailers and restaurants, including a large number of first-to-market tenants. Phase One of the three-phase development came online in Fall 2009, and Phase Two will open in October, 2010.

Glimcher Realty Trust, a real estate investment trust, is a recognized leader in the ownership, management, acquisition and development of malls, which includes enclosed regional malls and open-air lifestyle centers as well as community centers. Glimcher® is registered trademark of Glimcher Realty Trust.
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.

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Paul Kesman
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