GLIMCHER REALTY TRUST FINANCES COLONIAL PARK MALL

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HARRISBURG, PA. — Glimcher Realty Trust has completed a $42.25 million mortgage loan financing for Colonial Park Mall in Harrisburg. The loan was originated by U.S. Bank National. The loan has a 3-year maturity and a floating interest rate of LIBOR plus 1.65 percent per year with no principal amortization.

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