WP Glimcher, a retail REIT, and O’Connor Capital Partners, a privately-owned, independent real estate investment, development and management firm, formed a joint venture in a $1.625bn deal. “We are very pleased to have taken this important step to further strengthen our investment grade balance sheet. We are excited about forming this important relationship with O’Connor, a highly-respected and strategic investor that shares our vision of investing in these high-growth properties," Mark S. Ordan, WP Glimcher Executive Chairman.