Company

Weingarten Realty Investors

Headquarters: Houston, TX, United States

Founded: 1948

Employees: 243

CEO: Mr. Andrew M. Alexander

show_chart NYSE: WRI

Market Cap

$2.88 Billion

USD as of Feb. 18, 2021

No historic market cap data available

Detailed Description

Weingarten Realty Investors (NYSE: WRI) is a shopping center owner, manager and developer. At September 30, 2020, the Company owned or operated under long-term leases, either directly or through its interest in real estate joint ventures or partnerships, a total of 162 properties which are located in 15 states spanning the country from coast to coast. These properties represent approximately 31.0 million square feet of which our interests in these properties aggregated approximately 21.0 million square feet of leasable area.

Wikipedia Introduction

Weingarten Realty Investors was a real estate investment trust that invested in shopping centers, primarily in the Southern United States and primarily with grocery stores as the anchor stores. In August 2021, the company was acquired by Kimco Realty. As of December 31, 2020, the company owned interests in 159 properties comprising 30.2 million square feet. In 2020, 20.6% of the company's revenues were generated from properties in the Houston area and 30.4% of the company's revenues were generated from properties in Texas.

Source: Wikipedia, retrieved on March 31, 2022, 9:07 p.m.

Stocks & Indices

Weingarten Realty Investors has the following listings and related stock indices.


Stock: NYSE: WRI

Stock: FSX: WP4

Key People

Stanford Alexander, Chairman Andrew M. Alexander, CEO Stephen C. Richter, CFO

Financials

Revenue: $433 million (2020)

Net income: $118 million (2020)


Total assets: $3.961 billion (2020)

Total equity: $1.800 billion (2020)

Details

Headquarters:

2600 Citadel Plaza Drive

Suite 125

Houston, TX 77008

United States

Phone: 713-866-6000

Fax: 713-866-6049