Industry | Real estate investment trust |
---|---|
Founded | 1948 |
Defunct | August 4, 2021 |
Fate | Acquired by Kimco Realty |
Headquarters | Houston, Texas |
Key people | Stanford Alexander, Chairman Andrew M. Alexander, CEO Stephen C. Richter, CFO |
Revenue | $433 million (2020) |
$118 million (2020) | |
Total assets | $3.961 billion (2020) |
Total equity | $1.800 billion (2020) |
Number of employees | 243 (2020) |
Footnotes / references [1] |
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.[1] 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.[1] 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.[1]