| Business Summary | | Weingarten
Realty
Investors
is
an
unincorporated
trust
that,
as
of
December
31,
2000,
owned
or
operated
interests
in
254
developed
income-producing
real
estate
projects,
under
long-term
leases.
As
of
the
same
date,
the
Company
owned
197
shopping
centers
located
in
the
Houston
metropolitan
area
and
in
other
parts
of
Texas,
and
in
Louisiana,
Arizona,
Nevada,
Arkansas,
New
Mexico,
Oklahoma,
Tennessee,
Kansas,
Colorado,
Missouri,
Illinois,
Florida
and
Maine.
The
Company
also
owned
55
industrial
projects
located
in
Tennessee,
Nevada,
and
Houston,
Austin
and
Dallas,
Texas. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Weingarten
Realty
Investors,
a
Texas
REIT,
acquires,
develops
and
manages
real
estate,
primarily
anchored
neighborhood
and
community
shopping
centers
and,
to
a
lesser
extent,
industrial
properties.
For
the
six
months
ended
6/30/01,
revenues
increased
23%
to
$160.5
million.
Net
income
applicable
to
Common
increased
41%
to
$41.4
million.
Revenues
reflect
property
acquisitions
and
rate
increases.
Earnings
also
reflect
a
$5
million
gain
on
the
sale
of
property. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Stanford Alexander, 72 Chairman | $991K | $118K | Andrew Alexander, 44 Pres,
CEO, Director | 703K | -- | Martin Debrovner, 64 Vice
Chairman, Director | 812K | -- | Stephen Richter, 46 Sr.
VP, CFO, Treasurer | 411K | 51K | Lois Robinson VP
of Property Management | -- | -- | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|