TSC and IRIS Staff
Weingarten Realty Investors(WRI Quote - Cramer on WRI - Stock Picks) , a real estate investment trust, said Wednesday it acquired seven retail centers in Florida totaling 1.26 million square feet for $325 million.
"The combination of exceptional locations, very high quality anchor tenants, and high occupancy rates make this an outstanding acquisition for us. These properties bring Weingarten's portfolio in Florida to 34 shopping centers totaling 5.5 million square feet," the Houston-based company said.
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