Glimcher Announces Acquisition of Additional Retail Center for $67.5M


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Glimcher Realty Trust (NYSE: GRT) today announced the completed acquisition of One Nineteen, an outdoor retailcenter located in Leawood, Kansas. One Nineteen is adjacent to the Company'sTown Center Plaza in Leawood and will add approximately 165,000 square feet ofleasable retail space to the combined property. Tenant sales at One Nineteenaverage more than $900 per square foot, and the center is currently 93% leasedfeaturing upscale retailers such as Kansas City's first and only Crate&Barreland lululemon athletica, as well as an Apple Retail Store.The Company purchased the center for approximately $67.5 million. Theacquisition was funded with the proceeds from the secondary offering completedin the first quarter.

27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


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