The Journal Record
By Molly M. Fleming

 


OKLAHOMA CITY - Glimcher Realty Trust has owned Classen Curve, Nichols Hills Plaza and The Triangle at Classen Curve since March, and the company already has a plan to continue the centers' success.

Vice President of Leasing Joshua Lindimore spoke at an International Council of Shopping Centers Idea Exchange at the Skirvin Hilton Hotel on Tuesday about the company's plans for the retail areas. He said open-air lifestyle centers are the company's forte.

"There are some things we truly believe in, and it's things to do and things to buy," he said. "The customer has to have a reason to come to your center. We believe the days of driving up, going in clothes shopping and leaving are over. You've got to have food. You have to have experience retail (such as paint-your-own pottery)."

Glimcher bought the three properties in March for $51.8 million. Combined, the areas have about 290,000 square feet. Also in the purchase price was about 12 acres of additional land in the upscale northern Oklahoma City and Nichols Hills neighborhoods. The centers were previously owned by Chesapeake Energy Corp.

Read More