In the second transaction, the Company purchased control of both phases of a grocery anchored shopping center in Apple Valley, California (Jess Ranch Marketplace and Jess Ranch Phase III). The center totals over 502,000 square feet and is anchored by Winco Foods, who owns their own facility, Burlington Coat Factory, Cinemark Theaters, Bed Bath & Beyond, Ulta Salon, PetSmart and others.In the first quarter of 2014, the Company completed the dissolution of its consolidated joint venture with the Hines Retail REIT (“Hines”), where the Company owned a 30% interest. The joint venture held a portfolio of 13 properties located in Texas (4), Tennessee (3), Georgia (3), Florida (2), and North Carolina (1). The transaction was completed through the distribution of five properties to the Company and eight properties to Hines. The Company now owns 100% of:
Weingarten Realty Announces Great Progress With Portfolio Transformation
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.