Document:

EXHIBIT 10.113

          AMENDMENT TO MEMBERSHIP INTEREST PURCHASE AND SALE AGREEMENT
          ------------------------------------------------------------

     THIS AMENDMENT TO MEMBERSHIP INTEREST PURCHASE AND SALE AGREEMENT (the
"Amendment") is made this 6th day of August, 2007, by and between THOR URBAN
OPERATING FUND, L.P., a Delaware limited liability company ("Seller"), and
GLIMCHER PROPERTIES LIMITED PARTNERSHIP, a Delaware limited partnership
("Purchaser")

WITNESSETH

     A. Seller and Purchaser are parties to that certain Membership Interest
Purchase and Sale Agreement dated the 19th day of July, 2007 (as amended hereby,
the "Contract")") with respect to the membership interests in Thor Merritt
Square LLC and Thor MS, LLC, owners of fee title to the retail shopping mall
commonly known as "Merritt Square Shopping Center", as more fully described in
the Contract. All capitalized terms not defined herein shall have the
definitions set forth in the Contract.

     B. Seller and Purchaser desire to amend the Contract, as described in more
detail below, to provide for:

          (i)  a reduction of the Purchase Price from $86,000,000 to
               $84,000,000;

          (ii) a substitution of the Title Company for the Seller, as the holder
               of the Earnest Money;

          (iii) the withdrawal of certain objections to title as provided in a
               title objection letter from Purchaser to Seller dated July 27,
               2007 (the "Title Objection Letter");

          (iv) the delivery of estoppel letters relating to certain reciprocal
               easement and operating agreements; and

          (v)  the withdrawal of a termination notice from Purchaser to Seller
               dated July 30, 2007 (the "Termination Notice").

     NOW THEREFORE, in consideration of the mutual covenants and conditions set
forth herein, and intending to be legally bound hereby, the parties hereto agree
that the Contract is hereby amended and supplemented as follows:

     1. In Section 5 of the Summary Statement of the Contract, the amount of
Eighty-Six Million Dollars ($86,000,000.00) is hereby deleted and the amount of
Eighty-Four Million Dollars ($84,000,000.00) is substituted in place thereof.

<PAGE>

     2. Section 2(a) of the Contract is hereby amended to provide that the
Initial Earnest Money, and the additional earnest money deposit shall be held in
escrow by the Title Company rather than by the Seller, in accordance with the
terms of the Contract and the standard escrow agreement form utilized by the
Title Company, and attached hereto as Exhibit A. Purchaser agrees to wire the
additional earnest money deposit, and Seller agrees to wire the Initial Earnest
Money, to the Title Company, in accordance with the wiring instructions attached
to the standard escrow agreement, within one (1) business day after the full
execution of this Amendment.

     3. Purchaser acknowledges and agrees that, in connection with Purchaser's
objections to the Title Commitment dated June 7, 2007 (the "Title Commitment"),
as provided in the Title Objection Letter, that (i) the Seller shall not be
required to remove all Notices of Commencement described in Section 5, Schedule
B Part I of the Title Commitment, provided Seller uses reasonable good faith
efforts to do so prior to the Closing, (ii) standard exception nos. 2 and 4
shall be revised to refer to taxes and assessments which are not yet due and
payable; (iii) objections to exception nos. 15, 20, 21, 24, and 28 are withdrawn
by Purchaser, and (iv) the Seller shall not be required to delete any
memorandums of lease which are now of record, but Seller will use reasonable
efforts to remove of record memorandums of lease which relate to leases which
have been terminated.

     4. Section 7(d) of the Contract is hereby deleted, and the following is
substituted in place thereof:

     "7(d) "Seller shall have delivered to Purchaser estoppel certificates,
addressed to Purchaser, the Company, and the holder of the Loan, from (i) Sears,
Roebuck and Co. as a party to a Construction, Operation and Reciprocal Easement
Agreement dated March 2, 1988 and referred to as title exception no. 22 on the
title commitment for Parcel 1 attached to the Contract as Schedule 6.1, as
affected by a Four Party Tie-In Agreement described in such title exception,
(ii) Macy's Florida, Inc., as a party to Operating Agreement dated March 7,
1968, and referred to as title exception no. 21 on the title commitment for
Parcel 1 attached to the Contract as Schedule 6.1, as affected by a Four Party
Tie-In Agreement described in such title exception, and (iii) J.B. Ivey &
Company under a Construction, Operation and Reciprocal Easement Agreement dated
April 26, 1982, and referred to as title exception no. 24 on the title
commitment for Parcel 1 attached to the Contract as Schedule 6.1, as affected by
a Four Party Tie-In Agreement described in such title exception, (collectively,
the "REA"), in the form required pursuant to each such REA (the "REA
Estoppels").

     5. Purchaser hereby (i) withdraws the Termination Notice, (ii) acknowledges
that the Contract is presently in full force and effect and (iii) confirms that
Due Diligence Period under the Contract has expired.

     6. Except as expressly set forth herein, the Contract is unmodified and in
full force and effect and is hereby ratified by the parties hereto.

     7. This Amendment shall be binding upon and shall inure to the benefit of
the parties and their successors and assigns.

                                       -2-
<PAGE>

     8. This Amendment may be executed in any number of counterparts, each of
which shall be an original, and all of which taken together shall constitute a
single instrument. For purposes of this Amendment, a scanned executed
counterpart sent by email shall constitute an original. Any party delivering an
executed counterpart of this Amendment by scanned email shall also deliver an
original executed counterpart of this Amendment, but the failure to deliver an
original executed counterpart shall not affect the validity of this Amendment.

     IN WITNESS WHEREOF, Purchaser and Seller have caused this Amendment to be
duly executed the day and year first above written.

SELLER:
                           THOR URBAN OPERATING FUND, L.P., a
                           Delaware limited partnership, its sole member

                           By: Thor Operating Fund L.L.C., a Delaware
                               limited liability company, its general partner

                               By: /s/ Joseph J. Sitt
                                   ------------------------------------------
                                       Joseph J. Sitt, sole member

PURCHASER:
                           GLIMCHER PROPERTIES LIMITED PARTNERSHIP,
                           a Delaware limited partnership

                           By: Glimcher Properties Corporation, a Delaware
                               corporation, sole general partner

                               By: /s/ George A. Schmidt
                                   ------------------------------------------
                                       George A. Schmidt
                                       Executive Vice President
                                       Chief Investment Officer

                                       -3-EXHIBIT 10.114

                ASSIGNMENT AND ASSUMPTION OF MEMBERSHIP INTERESTS

     THIS ASSIGNMENT AND ASSUMPTION MEMBERSHIP INTERESTS (this "Assignment") is
entered into as of the 9th day of October, 2007 ("Effective Date"), between THOR
URBAN OPERATING FUND, L.P., a Delaware limited partnership ("Assignor"), with an
office at 139 Fifth Avenue, New York, New York; and GLICHMER PROPERTIES LIMITED
PARTNERSHIP, a Delaware limited partnership ("Assignee"), with an office at 150
East Gay Street, Columbus, Ohio 43215.

     WHEREAS, Assignor is the owner and holder of a one hundred (100%) percent
membership interest (the "Membership Interest") in Thor MS, LLC and Thor Merritt
Square LLC, each a Delaware limited liability company (collectively, the
"Company");

     WHEREAS, pursuant to the terms of that certain Membership Interest Purchase
and Sale Agreement dated as of July 19, 2007 between Assignor and Assignee, as
amended by an Amendment to Membership Interest Purchase and Sale Agreement dated
August 6, 2007 (collectively, the "Purchase Agreement"), Assignor has agreed to
sell and Assignee has agreed to purchase the Membership Interest and to execute
this Assignment in connection therewith.

     NOW, THEREFORE, for ten ($10.00) dollars and other good and valuable
consideration paid by Assignee to Assignor, Assignor and Assignee hereby agree
as follows:

     1. Assignment. Assignor hereby sells, assigns, transfers and conveys to
Assignee the Membership Interest.

     2. Assumption. Assignee hereby accepts from Assignor the Membership
Interest, and assumes all of the obligations and liabilities of Assignor, as the
holder of the Membership Interest, accruing from and after the date hereof.

     3. Adoption of Operating Agreement. Assignee hereby accepts and adopts all
of the terms and conditions of the operating agreement of the Company from and
after the date hereof, and agrees to be bound by all the terms, articles and
conditions thereof.

     4. Withdrawal. Assignor hereby withdraws as a member from the Company (the
"Withdrawal"). The Withdrawal shall be effective as of the date hereof, without
the need for execution of any additional documentation.

     5. Effective Date. This Assignment is effective as of the date hereof, and
from and after the date hereof that portion of the net profits or net losses and
cash flow of the Company allocable to the Membership Interest shall be credited,
charged or distributed, as the case may be, to Assignee and not to Assignor.

     6. Indemnification of Assignee. The Assignor shall indemnify, defend and
hold harmless Assignee, its agents, employees, officers, directors, managers,
members, legal representatives, successors and assigns from and against any
liability, loss, cost or expense (including but not limited to reasonable
attorney's fees and expenses) incurred by Assignee as a result of such
Assignor's failure to perform any of its obligations as holder of the Membership

<PAGE>

Interest to the extent that such obligations accrued prior to the date hereof;
provided, however, that Assignor's obligations under this Paragraph 6 shall not
exceed Seller's Maximum Liability (as defined in Section 17 of the Purchase
Agreement).

     7. Indemnification of Assignor. Assignee shall indemnity, defend and hold
harmless Assignor, its agents, employees, officers, directors, managers,
members, legal representatives, successors and assigns from and against any
liability, loss, cost or expense (including but not limited to reasonable
attorney's fees and expenses) incurred by Assignor as a result of Assignee's
failure to perform any of its obligations as holder of the Membership Interest
to the extent that such obligations accrue on or after the date hereof.

     8. Delinquent Rents. Notwithstanding anything to the contrary in this
Assignment, (i) Assignor hereby reserves the right to collect and retain
delinquent rentals as described on Schedule A; and (ii) the liability of
Assignor hereunder shall be limited as set forth in the Purchase Agreement,
including, without limitation, Sections 17 and 23(q) of the Purchase Agreement.

     9. Miscellaneous. This Assignment shall inure to the benefit of and be
binding upon the parties hereto and their respective legal or personal
representatives, heirs, executors, administrators, successors, and assigns. No
third party shall have the benefit of any of the provisions of this Assignment
nor is this Assignment made with the intent that any person or entity other than
Assignor or Assignee rely hereon. If Assignor or Assignee resorts to a court of
law or equity in order to enforce the provisions of this Assignment as against
the other, the non-prevailing party shall pay the reasonable attorneys' fees and
expenses of the prevailing party. No modification, waiver, amendment, discharge
or change of this Assignment shall be valid unless the same is in writing and
signed by the party against which the enforcement of such modification, waiver,
amendment, discharge or change is or may be sought. This Assignment shall be
construed and enforced in accordance with the laws of the State of Delaware.
This Assignment may be executed in any number of counterparts, each of which
when so executed and delivered shall be deemed an original, but all of which
shall together constitute one and the same agreement.

                            [Signature Page Follows]

<PAGE>

     IN WITNESS WHEREOF, Assignor and Assignee have executed this Assignment the
day and year first above written.

ASSIGNOR:

                                THOR URBAN OPERATING FUND, L.P.,
                                a Delaware limited partnership,
                                its sole member

                                By: Thor Operating Fund L.L.C., a
                                    Delaware limited liability company,
                                    its general partner

                                    By: /s/ Kurt A. Reich
                                        --------------------------------
                                        Kurt A. Reich
                                        Authorized Signatory

ASSIGNEE:

                                GLIMCHER PROPERTIES LIMITED PARTNERSHIP,
                                a Delaware limited partnership

                                By: Glimcher Properties Corporation, a
                                    Delaware corporation, sole general partner

                                    By: /s/ George A. Schmidt
                                        --------------------------------
                                        George A. Schmidt
                                        Executive Vice President

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