Weingarten Realty creates “at the market” equity share offering program

HOUSTON, 2016-Aug-05 — /EPR Retail News/ — Weingarten Realty (NYSE: WRI) announced that the Company has created an “at the market” equity share offering program through which it can sell common shares of beneficial interest having an aggregate offering price of up to $250 million, which includes common shares having an aggregate gross sales price of up to approximately $34.1 million that were unsold from the Company’s previous ATM equity share offering program.

The common shares will be offered through Robert W. Baird & Co. Incorporated, BB&T Capital Markets, a division of BB&T Securities, LLC, BTIG, LLC, Capital One Securities, Inc., Jefferies LLC, Scotia Capital (USA) Inc. and Wells Fargo Securities, LLC, who will be acting as agents.

The sales, if any, will be made in “at the market” offerings as defined in Rule 415 of the Securities Act of 1933. In addition, the common shares may be offered and sold through privately negotiated transactions. The Company intends to use the proceeds from any offering for general trust purposes.

The Company has filed a registration statement (including a prospectus) with the Securities and Exchange Commission (“SEC”) for the offering of common shares described in this communication. Before you invest, you should read the prospectus in that registration statement, the prospectus supplement and other documents the Company has filed with the SEC for more complete information about the Company and this offering.

You may obtain these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the Company or the agents will arrange to send you the prospectus if you request it by contacting Robert W. Baird & Co. Incorporated at 777 E. Wisconsin Avenue, Milwaukee, WI 53202, Attn: Syndicate Department, or by calling 800-792-2473, or by emailing syndicate@rwbaird.com; BB&T Capital Markets, a division of BB&T Securities, LLC at 901 East Byrd Street, Suite 300, Richmond, VA 23219; BTIG, LLC at 825 Third Avenue, 6th Floor, New York, New York 10022, Attn: Equity Capital Markets, email: BTIGUSATMTrading@btig.com; Capital One Securities, Inc. at 201 St. Charles Street, Suite 1830, New Orleans, LA 70170, email: gabrielle.halprin@capitalone.com; Jefferies LLC at 520 Madison Avenue, 2nd Floor, New York, NY 10022, Attn: Equity Syndicate Prospectus Department, email:Prospectus_Department@jefferies.com; Scotia Capital (USA) Inc. at 250 Vesey Street, New York, New York 10281, Attn: Equity Capital Markets, or by telephone at (212) 225-6854; and Wells Fargo Securities, LLC at 375 Park Avenue, New York, New York, 10152, Attention: Equity Syndicate Department, or by telephone at (800) 326-5897, or by emailing cmclientsupport@wellsfargo.com.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of the Company’s common shares in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

Forward-Looking Statements
Statements included herein that state the Company’s or Management’s intentions, hopes, beliefs, expectations or predictions of the future are “forward-looking” statements within the meaning of the Private Securities Litigation Reform Act of 1995 which by their nature, involve known and unknown risks and uncertainties. The Company’s actual results, performance or achievements could differ materially from those expressed or implied by such statements. Reference is made to the Company’s regulatory filings with the SEC for information or factors that may impact the Company’s performance.

About Weingarten Realty Investors
Weingarten Realty Investors (NYSE: WRI) is a shopping center owner, manager and developer. At June 30, 2016, the Company owned or operated under long-term leases, either directly or through its interest in real estate joint ventures or partnerships, a total of 226 properties which are located in 18 states spanning the country from coast to coast. These properties represent approximately 44.7 million square feet of which our interests in these properties aggregated approximately 28.0 million square feet of leasable area.

Contact:
Michelle Wiggs,
(713) 866-6050

Source: Weingarten Realty Investors