When asked about that diversity, Alexander said that even in depressed areas like Las Vegas, people still buy groceries, eat at restaurants and get their hair cut, all of which they can do at a Weingarten shopping center. By sticking to locations with high population densities, Alexander said his company has weathered the housing bubble quite well. Turning to the threat posed by Internet retail, Alexander was also not worried. He said the Internet does pose a threat to the margins at some retailers but others are far more immune. Many retailers are moving to a hybrid "bricks and clicks" model, he said, which is affording them the best of both worlds. Finally, when asked about the company's decision to divest its industrial properties, Alexander said the markets were looking for a more focused company, and by divesting its industrial properties the company got that as well as lower leverage. Cramer said Weingarten is one REIT he should have recommended a long time ago.