Seeking Alpha

Weingarten with $330M of retail centers on offer

  • Putting the finishing touches on its portfolio repositioning strategy, Weingarten Realty Investors (WRI +0.1%) has another 22 shopping centers on the block valued in the area of $330M.
  • The company has already closed on $100M of sales this year and has agreements on another 26 properties for $230M. In total, Weingarten has made nearly $1.2B of asset sales since beginning its repositioning strategy.
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