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LIST OF SUBSIDIARIES                                                Exhibit 21.1

GLIMCHER REALTY TRUST ("GRT") HAS THE FOLLOWING SUBSIDIARIES:

1.   Glimcher Properties Corporation, a Delaware corporation (100% shareholder);

2.   Glimcher Properties Limited Partnership, a Delaware limited partnership
     (approximately 90% limited partnership interest);

3.   Glimcher Johnson City, Inc., a Delaware corporation (100% shareholder);

4.   Glimcher Dayton Mall, Inc. a Delaware corporation (100% shareholder);

5.   Glimcher Colonial Trust, a Delaware business trust (100% shareholders);

6.   Glimcher Colonial Park Mall, Inc., a Delaware corporation (100%
     shareholder);

7.   Glimcher Tampa, Inc., a Delaware corporation (100% shareholder);

8.   Glimcher Auburn, Inc., a Delaware corporation (100% shareholder);

9.   Glimcher Weberstown, Inc., a Delaware corporation (100% shareholder);

10.  Glimcher Blaine, Inc., a Delaware corporation (100% shareholder);

11.  Glimcher Montgomery, Inc., a Delaware corporation (100% shareholder);

12.  Glimcher Portland, Inc., a Delaware corporation (100% shareholder).

13.  Glimcher Georgesville, Inc., a Delaware corporation (100% shareholder);

14.  GP Olathe, Inc., a Delaware corporation (100% shareholder); and

15.  GP MetroMall, Inc., a Delaware corporation (100% shareholder).

GLIMCHER PROPERTIES CORPORATION HAS THE FOLLOWING SUBSIDIARIES:

1.   Glimcher Holdings, Inc., a Delaware corporation (100% shareholder);

2.   Glimcher Centers, Inc., a Delaware corporation (100% shareholder);

3.   Glimcher Grand Central, Inc., a Delaware corporation (100% shareholder);

4.   Glimcher York, Inc., a Delaware corporation (100% shareholder); and

5.   Glimcher Morgantown Mall, Inc., an Ohio corporation (100% shareholder).

GLIMCHER PROPERTIES LIMITED PARTNERSHIP HAS THE FOLLOWING SUBSIDIARIES:

1.   Glimcher Holdings Limited Partnership, a Delaware limited partnership (99%
     limited partnership interest);

2.   Glimcher Centers Limited Partnership, a Delaware limited partnership (99%
     limited partnership interest);



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3.   Grand Central Limited Partnership, a Delaware limited partnership (99%
     limited partnership interest);

4.   Glimcher York Associates Limited Partnership, a Delaware limited
     partnership (99% limited partnership interest);

5.   Glimcher University Mall Limited Partnership, a Delaware limited
     partnership (99% limited partnership interest);

6.   Morgantown Mall Associates Limited Partnership, an Ohio Limited partnership
     (99% limited partnership interest);

7.   Olathe Mall LLC, a Colorado limited liability company (approximately 82%
     member interest);

8.   Johnson City Venture LLC, a Delaware limited liability company (99% member
     interest);

9.   Dayton Mall Venture LLC, a Delaware limited liability company (49% member
     interest);

10.  Colonial Park Mall Limited Partnership, a Delaware limited partnership
     (49.5% limited partners);

11.  Glimcher New Jersey Metro Mall LLC, a Delaware limited liability company
     (50% member interest);

12.  Glimcher Development Corporation, a Delaware corporation (95% shareholder);

13.  Weberstown Mall, LLC, a Delaware limited liability company (99% member
     interest);

14.  Glimcher Northtown Venture, LLC, a Delaware limited liability company (99%
     member interest);

15.  Montgomery Mall Associates Limited Partnership, a Delaware limited
     partnership (99% limited partnership interest);

16.  Glimcher Lloyd Venture, LLC, a Delaware limited liability company (99%
     member interest);

17.  Glimcher SuperMall Venture, LLC a Delaware limited liability company
     (approximately 34% member interest);

18.  San Mall, LLC, a Delaware limited liability company (20% member interest);

19.  Polaris Center, LLC, a Delaware limited liability company (49% member
     interest);

20.  Eastland Mall, LLC, a Delaware limited liability company (20% member
     interest);

21.  Georgesville Square, LLC, a Delaware limited liability company (99% member
     interest); and

22.  Polaris Mall, LLC, a Delaware limited liability company (39% member
     interest).