NYSE, WRI - Weingarten Realty Investors
General. Weingarten Realty Investors is a real estate investment trust (?REIT?)
organized under the Texas Real Estate Investment Trust Act. We, and our
predecessor entity, began the ownership and development of shopping centers and
other commercial real estate in 1948. Our primary business is leasing space to
tenants in the shopping and industrial centers we own or lease. We also manage
centers for joint ventures in which we are partners or for other outside owners
for which we charge fees.
At December 31, 2007, we owned or operated under long-term leases, either
directly or through our interest in real estate joint ventures or partnerships,
a total of 383 developed income-producing properties and 32 properties under
various stages of construction and development. The total number of centers
includes 335 neighborhood and community shopping centers located in 22 states
spanning the country from coast to coast. ...
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