Weingarten Realty Investors [Merged] | REIT Profile

Symbol: WRI
CIK: 828916
Exchange: NYSE
Founded: 1948
HQ: Houston, TX, United States
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Mid-Cap
REIT Sector: Retail

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About Weingarten Realty Investors [Merged]

Weingarten Realty Investors (NYSE: WRI) is a shopping center owner, manager and developer. At June 30, 2017, 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 216 properties which are located in 18 states spanning the country from coast to coast. These properties represent approximately 43.4 million square feet of which our interests in these properties aggregated approximately 27.8 million square feet of leasable area.

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Properties Owned by WRI

WRI Sample Property

Sample of REIT’s Properties. Image Source - REIT’s website

Related Information

Material Source Description
Kimco Realty and Weingarten Realty Investors Announce Closing of Merger (2021-08-04) BUSINESS WIRE JERICHO, N.Y.--(BUSINESS WIRE)--Kimco Realty Corp. (NYSE: KIM), one of North America’s largest publicly traded owners and operators of open-air, grocery-anchored shopping centers and mixed-use assets, and Weingarten Realty Investors (NYSE: WRI), a grocery-anchored Sun Belt shopping center owner, manager and developer, today announced the completion of their previously announced merger, whereby Weingarten Realty Investors merged with and into Kimco Realty Corp., with Kimco continuing as the surviving public company. The transaction brings together two industry-leading retail real estate platforms with highly complementary portfolios, creating the preeminent open-air, grocery-anchored shopping center and mixed-use real estate owner in the country. The increased scale in targeted growth markets, coupled with a broader pipeline of redevelopment opportunities, positions the company to create significant value for its stockholders.

Related REITs

REIT REITRating™ Score Exchange Market Capitalization Sector Country
Agree Realty Corp. (ADC) 9.2 NYSE Mid-Cap Retail United States
Kimco Realty Corp, Inc. (KIM) 7.8 NYSE Large-Cap Retail United States

Last updated: 2022-09-27 - v3.5