Found this today....  Let the OCS debate begin..... once again. ;D http://tampabay.bizjournals.com/tampabay/stories/2006/05/15/daily46.html?jst=b_ln_hl Glimcher puts University Mall on the block Tampa Bay Business Journal - 5:12 PM EDT Thursday Glimcher Realty Trust said it would sell five regional mall properties, including University Mall in Tampa. Other malls on the sale block are Almeda Mall and Northwest Mall, both in Houston, Eastland Mall in Charlotte, N.C., and Montgomery Mall in Montgomery, Ala. Glimcher said in a release that it expects total consideration, net of expenses, to be about $250 million to $270 million from the sales. Glimcher said it would take a non-cash impairment charge of about $49 million during the second quarter of 2006, primarily as a result of the mall disposition plans. The company expects an overall net gain of $10 million to $30 million on the sale of the five properties, even with the initial recognition of the non-cash impairment charge, Mark Yale, executive vice president and chief financial officer, said in the release. Glimcher has entered into an exclusive listing agreement with Eastdil Secured Broker Services Inc. to market and sell the malls, the release said. Glimcher said in October that it was looking at making drastic changes at University Mall, after JCPenny left the mall. The company told the Tampa Bay Business Journal at the time that it intended to keep the University Mall up and running as one of its only two properties throughout Florida . Glimcher also owns WestShore Plaza in Tampa. Michael P. Glimcher, president and chief executive, said in the release that aggressively selling non-core assets is a central part of the company's strategy to upgrade the overall quality of its real estate. The company said it expects to redeploy the sales proceeds into its redevelopment program, acquisition of new higher-income growth assets and selective ground-up development of premium retail properties. Glimcher Realty Trust (NYSE: GRT) is a Columbus, Ohio-based real estate investment trust.