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SCOTTSDALE, ARIZ. — Glimcher Realty Trust has entered into agreements to purchase the land for all three phases of its Scottsdale Quarter project in Scottsdale from the affiliates of its existing joint-venture partner. The deal would be for approximately $120 million. The purchase of the first and second phases is expected to occur this month, and the Phase III land purchase, along with the termination of the joint venture, is slated to close in October. Scottsdale Quarter consists of approximately 600,000 square feet of retail and office space in the heart of the city.