8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934

Date of report (Date of earliest event reported): July 31, 2013

WEINGARTEN REALTY INVESTORS

(Exact name of Registrant as specified in its Charter)

Texas	1-9876	74-1464203
(State or other jurisdiction of incorporation)	(Commission file number)	(I.R.S. Employer Identification Number)

2600 Citadel Plaza Drive, Suite 125, Houston, Texas 77008

(Address of principal executive offices) (Zip Code)

Registrant's telephone number, including area code: (713) 866-6000

Not applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 2.02.    Results of Operations and Financial Condition.

On July 31, 2013, we issued a press release describing our results of operations for the quarter ended June 30, 2013, as well as providing supplemental financial information pertaining to our operations. The press release and supplemental financial information are attached as Exhibit 99.1 to this report.

The information, including exhibits hereto, in this Current Report on Form 8-K is being furnished and shall not be deemed "filed" with the Securities and Exchange Commission and shall not be incorporated by reference into any registration statement or other document pursuant to the Securities Act of 1933, as amended, except as otherwise expressly stated in such filing.

Item 9.01.    Financial Statements and Exhibits.

99.1 Supplemental Financial Information at June 30, 2013 (including press release dated July 31, 2013).

2

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: August 1, 2013

WEINGARTEN REALTY INVESTORS
By:	/s/ Joe D. Shafer
	Joe D. Shafer
	Senior Vice President/ Chief Accounting Officer

3

INDEX TO EXHIBITS

99.1 Supplemental Financial Information at June 30, 2013 (including press release dated July 31, 2013).

4

EX-99.1

Exhibit 99.1

Table of Contents		Page
Quarterly Earnings Press Release		i - iv
Company Information		1
Financial Summary
	Condensed Consolidated Statements of Income	3
	Condensed Consolidated Balance Sheets	4
	Funds From Operations	5
	Supplemental Income Statement Detail	6
	Supplemental Balance Sheet Detail	7
	Capitalization and Debt Coverage Ratios	8
	Guidance	9
Investment Activity
	New Development Properties	11
	Land Held for Development	12
	Disposition and Acquisition Summary	13
	Capital Expenditures	14
Summary of Debt
	Debt Information	16
	Schedule of Maturities	17
Joint Ventures
	Unconsolidated Joint Venture Financial Statements at 100%	19
	Unconsolidated Joint Venture Financial Statements at Pro rata Share	20
	Investments in Unconsolidated Real Estate Joint Ventures & Partnerships	21
	Unconsolidated Joint Venture Mortgage Debt Information	22
Portfolio Summary
	Tenant Diversification by Percent of Rental Revenues	24
	Portfolio Operating Information	25 - 26
	Total Net Operating Income by Geographic Region	27
Property Listing
	Summary Property Listing	29
	Property Listing	30 - 40
Corporate Profile
Weingarten Realty Investors is a real estate investment trust organized under the Texas Business Organizations Code that, through its predecessor entity, began the ownership and development of shopping centers and other commercial real estate in 1948. As of June 30, 2013, we owned or operated under long-term leases, interests in 281 properties which are located in 21 states that span the United States from coast to coast. These properties represent approximately 51.5 million square feet of which our interests in these properties aggregated approximately 30.8 million square feet of leasable area. Our properties were 94.2% leased as of June 30, 2013, and historically our portfolio occupancy rate has never been below 90%.
	www.weingarten.com

2600 Citadel Plaza Drive

P.O. Box 924133

Houston, Texas 77292-4133

NEWS RELEASE

Information: Michelle Wiggs, Phone: (713) 866-6050

WEINGARTEN REALTY INCREASES SAME PROPERTY

NOI BY 5.0% AND INCREASES FFO GUIDANCE

HOUSTON, July 31, 2013 (BUSINESS WIRE) -- Weingarten Realty (NYSE: WRI) announced today the results of its operations for the quarter ended June 30, 2013. The supplemental financial package with additional information can be found on the Company's website under the Investor Relations tab.

Second Quarter Operating and Financial Highlights

▪ Recurring Funds from Operations ("FFO") for the quarter increased to $0.49 per diluted share from $0.47 per diluted share a year ago;

▪ Same Property Net Operating Income increased 5.0% over the same quarter of the prior year;

▪ Occupancy increased 0.5% over the prior quarter to 94.2% and 0.4% over the prior quarter to 88.6% for spaces less than 10,000 square feet (referred to as “small shop space”);

▪ Acquisitions totaling $71 million and dispositions totaling $108 million were completed since the end of the first quarter; and,

▪ 6.50% Series F Cumulative Redeemable Preferred Shares totaling $200 million were redeemed.

Financial Results and Preferred Redemption

The Company reported net income attributable to common shareholders of $45.4 million or $0.37 per diluted share (hereinafter “per share”) for the second quarter of 2013, as compared to $22.6 million or $0.19 per share for the same period in 2012. Included in these operating results for 2013 was a non-cash write-off of preferred redemption costs of $0.13 per share related to the redemption of a portion of the Company's Series F preferred shares. Included in 2012 were non-cash impairment charges of $0.21 per share. Net income for the six months ended June 30, 2013 was $79.1 million or $0.65 per share compared to $34.9 million or $0.29 per share for 2012.

Reported FFO was $46.1 million or $0.37 per share for the second quarter of 2013 compared to $55.1 million or $0.45 per share for 2012. Included in the 2013 amount was the write-off of preferred redemption costs of $0.13 per share and excluded from 2012 amount are impairments of $0.20 per share, as they relate to operating properties. Year-to-date, Reported FFO was $112.1 million or $0.90 per share for 2013 compared to $111.4 million or $0.90 per share for 2012.

i

Recurring FFO for the quarter ended June 30, 2013 was $0.49 per share or $61.4 million. For the same quarter last year, Recurring FFO was $0.47 per share or $57.4 million. The increase in Recurring FFO over the prior year was primarily due to increases in net operating income from our existing portfolio, reduced interest expense from favorable debt refinancings and reduced preferred share dividends due to redemptions. These increases were partially offset by the impact of the Company's disposition program. For the six months, Recurring FFO was $120.3 million or $0.97 per share for 2013 compared to $114.2 million or $0.93 per share for 2012.

A reconciliation between net income attributable to common shareholders to Reported FFO and Recurring FFO is listed on page 5 of the Company's supplemental package.

On June 5, 2013, the Company completed the redemption of $200 million of its 6.50% Series F Cumulative Redeemable Preferred Shares, leaving $150 million of these Series F shares outstanding. As a result of the transaction, preferred redemption costs totaling $15.9 million were expensed.

Operating Results

Same Property Net Operating Income ("SPNOI") increased by a strong 5.0% for the quarter primarily due to increased occupancy and a reduction in merchant fallouts. Year-to-date, SPNOI increased 4.4%.

Occupancy increased to 94.2% in the second quarter from 93.7% in the prior quarter and by 0.8% from 93.4% in the second quarter of 2012. Occupancy of small shop space increased by 0.4% from the prior quarter and 0.8% from the same quarter of the prior year to 88.6%.

The Company produced strong leasing results during the second quarter with 377 new leases and renewals, totaling 1.4 million square feet. These transactions were comprised of 156 new leases and 221 renewals, which represent annualized revenues of $9.3 million and $11.3 million, respectively. The average rental rate increase on new leases signed during the quarter was an exceptional 19.3%.

“This was a truly outstanding quarter for operations. Both the 5.0% increase in Same Property NOI and the jump in occupancy up to 94.2% are clear reflections of our high quality portfolio and the benefits of a best-in-class operating platform manned by a great team of associates,” said Johnny Hendrix, Executive Vice President and Chief Operating Officer.

Capital Recycling

During the quarter, the Company sold eleven non-core properties, five of which were owned in various joint ventures, and three land parcels for $108.2 million. As communicated previously, the Company is focused on selling assets which do not meet

ii

its current investment requirements and redeploying that capital into higher quality assets in its target markets. Year-to-date, the Company has sold $123.9 million in assets.

During the quarter, the Company completed the acquisition of two outstanding shopping centers. Queen Anne Marketplace in Seattle, Washington is a 66,000 square foot shopping center anchored by Metropolitan Market, an upscale neighborhood grocer operating in a densely populated, high barrier-to-entry urban infill location. The three-mile trade area enjoys a population of over 200,000 people with over 68% holding college degrees. This was the first property purchased in a joint venture between the Company and Bouwinvest in which Weingarten will hold a 51% interest. The Company also acquired Independence Plaza, a 324,000 square foot center in Laredo, Texas. This shopping center features a top performing H-E-B, T.J. Maxx, Ross, Hobby Lobby, Petco and Ulta Beauty. Independence Plaza is 97% leased and generates approximately 80% of its income from these national retailers. The Laredo MSA has the largest job growth forecast in the nation over the next 10 years and is influenced by the Eagle Ford Shale and an incredible pent up demand from millions of people in Northern Mexico who have very limited shopping opportunities. Year-to-date, the Company has invested $89.3 million in quality shopping centers in great markets.

“I am extremely pleased with the results of our capital recycling program this quarter. Our very active disposition program generated more than sufficient capital to complete these high quality investments, which are great additions to our already strong portfolio,” said Drew Alexander, President and Chief Executive Officer.

2013 Guidance

The Company is increasing Recurring FFO guidance and revising certain other guidance metrics as follows:

	Original Guidance	Revised Guidance
Recurring FFO Per Diluted Share	$1.84 - $1.90	$1.89 - $1.93
Same Property NOI	+2% to +3%	+3% to +3.5%
Acquisitions	$175 - $225 million	$100 - $150 million
New Development	$25 - $75 million	$15 - $50 million
Dispositions	$200 - $300 million	$250 - $350 million

Dividends

The Board of Trust Managers declared a quarterly cash dividend of $0.305 per common share payable on September 13, 2013 to shareholders of record on September 5, 2013.

The Board of Trust Managers also declared dividends on the Company's 6.50% Series F Cumulative Redeemable Preferred Shares (NYSE:WRIPrF) of $0.40625 per share for the quarter payable on September 13, 2013 to shareholders of record on September 5, 2013.

iii

Conference Call Information

The Company also announced that it will host a live webcast of its quarterly conference call on August 1, 2013 at 10:00 a.m. Central Time. The live webcast can be accessed via the Company's website at www.weingarten.com. Alternatively, if you are not able to access the call on the web, you can listen live by phone by calling (888) 771-4371 (conference ID # 32913549). A replay will be available through the Company's website starting approximately two hours following the live call.

About Weingarten Realty Investors

Weingarten Realty Investors (NYSE: WRI) is a shopping center owner, manager and developer.  At June 30, 2013, 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 281 properties which are located in 21 states spanning the country from coast to coast. These properties represent approximately 51.5 million square feet of which our interests in these properties aggregated approximately 30.8 million square feet of leasable area. To learn more about the Company's operations and growth strategies, please visit www.weingarten.com.

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 Securities and Exchange Commission for information or factors that may impact the Company's performance.

iv

Weingarten Realty Investors

Company Information

Corporate Office
2600 Citadel Plaza Drive
P. O. Box 924133
Houston, TX 77292-4133
713-866-6000
www.weingarten.com
Stock Listings
New York Stock Exchange:
Common Shares	WRI
Series F Preferred Shares	WRI-PF
8.1% 2019 Notes	WRD

Forward-Looking Statements

This supplement, together with other statements and information publicly disseminated by us, contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, or the Securities Act, and Section 21E of the Securities Exchange Act of 1934, as amended, or the Exchange Act. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995 and include this statement for purposes of complying with these safe harbor provisions. These forward-looking statements relate to the company’s intentions, beliefs, expectations or projections of the future. It is important to note that the company’s actual results could differ materially from those projected in such forward-looking statements. Factors which may cause actual results to differ materially from current expectations include, but are not limited to: (i) disruptions in financial markets, (ii) general economic and local real estate conditions, (iii) the inability of major tenants to continue paying their rent obligations due to bankruptcy, insolvency or general downturn in their business, (iv) financing risks, such as the inability to obtain equity, debt, or other sources of financing on favorable terms, (v) changes in governmental laws and regulations, (vi) the level and volatility of interest rates, (vii) the availability of suitable acquisition opportunities, (viii) the ability to dispose properties, (ix) changes in expected development activity, (x) increases in operating costs, (xi) tax matters, including failure to qualify as a real estate investment trust, and (xii) investments through real estate joint ventures and partnerships, which involve risks not present in investments in which we are the sole investor. Accordingly, there is no assurance that our expectations will be realized.

Non-GAAP Disclosures

The National Association of Real Estate Investment Trusts (“NAREIT”) defines funds from operations (“FFO”) as net income (loss) attributable to common shareholders computed in accordance with generally accepted accounting principles (“GAAP”), excluding extraordinary items and gains or losses from sales of operating real estate assets and interests in real estate equity investments, plus depreciation and amortization of operating properties and impairment of depreciable real estate and in substance real estate equity investments, including our share of unconsolidated real estate joint ventures and partnerships. We calculate FFO in a manner consistent with the NAREIT definition. Management uses FFO as a supplemental measure to conduct and evaluate our business because there are certain limitations associated with using GAAP net income by itself as the primary measure of our operating performance. Historical cost accounting for real estate assets in accordance with GAAP implicitly assumes that the value of real estate assets diminishes predictably over time. Since real estate values instead have historically risen or fallen with market conditions, management believes that the presentation of operating results for real estate companies that uses historical cost accounting is insufficient by itself. There can be no assurance that FFO presented by us is comparable to similarly titled measures of other REITs. FFO should not be considered as an alternative to net income or other measurements under GAAP as an indicator of our operating performance or to cash flows from operating, investing or financing activities as a measure of liquidity. FFO does not reflect working capital changes, cash expenditures for capital improvements or principal payments on indebtedness.

Page 1

Financial Summary

Weingarten Realty Investors

Condensed Consolidated Statements of Income

(in thousands, except per share amounts)

	Three Months Ended June 30,						Six Months Ended June 30,						Twelve Months Ended December 31,
	2013			2012			2013			2012			2012			2011			2010			2009
Revenues:
Rentals, net	$	127,828		$	116,013		$	251,890		$	227,951		$	473,022		$	445,943		$	439,297		$	451,170
Other	3,749			2,584			6,389			5,262			12,104			13,908			12,382			15,136
Total	131,577			118,597			258,279			233,213			485,126			459,851			451,679			466,306
Expenses:
Depreciation and amortization	38,190			32,465			76,895			64,731			136,902			126,897			121,011			118,702
Operating	25,003			22,906			49,452			44,520			94,442			86,518			87,507			84,931
Real estate taxes, net	15,444			13,976			30,104			27,268			55,827			53,343			50,939			55,996
Impairment loss	165			2,536			221			9,388			9,585			49,671			33,317			34,983
General and administrative	6,194			6,378			12,861			14,685			28,551			25,474			24,940			25,859
Total	84,996			78,261			169,533			160,592			325,307			341,903			317,714			320,471
Operating Income	46,581			40,336			88,746			72,621			159,819			117,948			133,965			145,835
Interest Expense, net	(28,772		)	(28,628		)	(46,175		)	(59,359		)	(113,585		)	(137,414		)	(142,699		)	(148,443		)
Interest and Other Income, net	2,098			582			3,924			2,968			6,048			5,062			9,823			11,421
Gain on Sale of Real Estate Joint Venture and Partnership Interests	83			—			11,592			5,562			14,203			—			—			—
Equity in Earnings (Losses) of Real Estate Joint Ventures  and Partnerships, net (a)	4,729			(15,695		)	9,342			(11,620		)	(1,558		)	7,834			12,889			5,548
Gain on Acquisition	—			—			—			—			1,869			—			—			—
(Loss) Gain on Redemption of Convertible Senior Unsecured Notes	—			—			—			—			—			—			(135		)	25,311
Gain on Land and Merchant Development Sales	—			—			—			—			—			—			—			17,956
(Provision) Benefit for Income Taxes	(197		)	279			(33		)	313			(7		)	(74		)	184			(5,911		)
Income (Loss) from Continuing Operations	24,522			(3,126		)	67,396			10,485			66,789			(6,644		)	14,027			51,717
Operating Income from Discontinued Operations	1,379			4,539			3,180			9,492			16,009			11,431			34,113			42,528
Gain on Sale of Property from Discontinued Operations	78,012			31,264			78,012			34,898			68,589			10,273			1,093			55,956
Income from Discontinued Operations	79,391			35,803			81,192			44,390			84,598			21,704			35,206			98,484
Gain on Sale of Property	265			84			407			524			1,034			1,679			2,005			25,075
Net Income	104,178			32,761			148,995			55,399			152,421			16,739			51,238			175,276
Less: Net Income Attributable to Noncontrolling Interests	(37,742		)	(1,342		)	(39,209		)	(2,783		)	(5,781		)	(1,118		)	(5,032		)	(4,174		)
Net Income Adjusted for Noncontrolling Interests	66,436			31,419			109,786			52,616			146,640			15,621			46,206			171,102
Dividends on Preferred Shares	(5,313		)	(8,869		)	(12,753		)	(17,738		)	(34,930		)	(35,476		)	(35,476		)	(35,476		)
Redemption Costs of Preferred Shares	(15,702		)	—			(17,944		)	—			(2,500		)	—			—			—
Net Income (Loss) Attributable to Common Shareholders	$	45,421		$	22,550		$	79,089		$	34,878		$	109,210		$	(19,855	)	$	10,730		$	135,626
Earnings Per Common Share - Basic	$	0.37		$	0.19		$	0.65		$	0.29		$	0.90		$	(0.17	)	$	0.09		$	1.24
Earnings Per Common Share - Diluted	$	0.37		$	0.19		$	0.65		$	0.29		$	0.90		$	(0.17	)	$	0.09		$	1.23

(a) See Page 20 for the Company’s pro rata share of the operating results of its unconsolidated real estate joint ventures and partnerships.

Page 3

Weingarten Realty Investors

Condensed Consolidated Balance Sheets

(in thousands, except per share amounts)

	June 30, 2013			December 31, 2012
ASSETS
Property	$	4,373,891		$	4,399,850
Accumulated Depreciation	(1,052,585		)	(1,040,839		)
Property Held for Sale, net	8,698			—
Property, net	3,330,004			3,359,011
Investment in Real Estate Joint Ventures and Partnerships, net (a)	285,666			289,049
Total	3,615,670			3,648,060
Notes Receivable from Real Estate Joint Ventures and Partnerships	85,004			89,776
Unamortized Debt and Lease Costs, net	140,938			135,783
Accrued Rent and Accounts Receivable (net of allowance for doubtful       accounts of $11,071 in 2013 and $12,127 in 2012)	70,572			79,540
Cash and Cash Equivalents	23,374			19,604
Restricted Deposits and Mortgage Escrows	9,490			44,096
Other, net	174,266			167,925
Total Assets	$	4,119,314		$	4,184,784
LIABILITIES AND EQUITY
Debt, net	$	2,350,762		$	2,204,030
Accounts Payable and Accrued Expenses	107,173			119,699
Other, net	110,029			120,900
Total Liabilities	2,567,964			2,444,629
Commitments and Contingencies	—			—
Equity:
Shareholders' Equity:
Preferred Shares of Beneficial Interest - par value, $.03 per share;  shares authorized: 10,000
6.75% Series D cumulative redeemable preferred shares of beneficial interest; 100 shares issued; no shares outstanding in 2013 and 100 shares outstanding in 2012; liquidation preference $75,000 in 2012	—			3
6.5% Series F cumulative redeemable preferred shares of beneficial interest; 140 shares issued; 60 shares outstanding in 2013 and 140 shares outstanding in 2012; liquidation preference $150,000 in 2013 and $350,000 in 2012	2			4
Common Shares of Beneficial Interest - par value, $.03 per share;  shares authorized: 275,000; shares issued and outstanding:  121,931 in 2013 and 121,505 in 2012	3,683			3,663
Additional Paid-In Capital	1,689,278			1,934,183
Net Income Less Than Accumulated Dividends	(331,208		)	(335,980		)
Accumulated Other Comprehensive Loss	(15,664		)	(24,743		)
Total Shareholders' Equity	1,346,091			1,577,130
Noncontrolling Interests	205,259			163,025
Total Equity	1,551,350			1,740,155
Total Liabilities and Equity	$	4,119,314		$	4,184,784

(a) This represents the Company’s investment of its unconsolidated real estate joint ventures and partnerships. See page 20 for additional information.

Page 4

Weingarten Realty Investors

Funds From Operations

(in thousands, except per share amounts)

	Three Months Ended June 30,						Six Months Ended June 30,
	2013			2012			2013			2012
Funds from Operations
Numerator:
Net income attributable to common shareholders	$	45,421		$	22,550		$	79,089		$	34,878
Depreciation and amortization	37,511			33,321			76,182			70,940
Depreciation and amortization of unconsolidated real estate  joint ventures and partnerships	4,434			5,363			8,927			11,007
Impairment of operating properties and real estate equity investments	165			5,051			457			14,830
Impairment of operating properties of unconsolidated real estate  joint ventures and partnerships	3			19,889			366			19,889
(Gain) on sale of property and interests in real estate equity investments	(41,906		)	(31,334		)	(53,553		)	(40,907		)
(Gain) on sale of property of unconsolidated real estate  joint ventures and partnerships	—			(123		)	(243		)	(123		)
Funds from Operations - Basic	45,628			54,717			111,225			110,514
Income attributable to operating partnership units	446			432			891			863
Funds from Operations - Diluted	46,074			55,149			112,116			111,377
Adjustments for Recurring FFO:
Other impairment loss, net of tax	—			—			—			244
Write-off of debt costs, net	—			—			(9,667		)	—
Acquisition costs	125			156			410			492
Redemption costs of preferred shares	15,889			—			18,131			—
Other, net of tax	(673		)	2,123			(673		)	2,123
Recurring Funds from Operations - Diluted	$	61,415		$	57,428		$	120,317		$	114,236
Denominator:
Funds from operations weighted average shares outstanding - Basic	121,286			120,661			121,172			120,571
Effect of dilutive securities:
Share options and awards	1,288			1,034			1,223			991
Operating partnership units	1,555			1,582			1,556			1,583
Funds from operations weighted average shares outstanding - Diluted	124,129			123,277			123,951			123,145
Funds from Operations per Share - Basic	$	0.38		$	0.45		$	0.92		$	0.92
Funds from Operations Per Share - Diluted	$	0.37		$	0.45		$	0.90		$	0.90
Adjustments for Recurring FFO per share:
Other impairment loss, net of tax	—			—			—			—
Write-off of debt costs, net	—			—			(0.07		)	—
Acquisition costs	—			—			—			—
Redemption costs of preferred shares	0.13			—			0.15			—
Other, net of tax	(0.01		)	0.02			(0.01		)	0.03
Recurring Funds from Operations Per Share - Diluted	$	0.49		$	0.47		$	0.97		$	0.93

Page 5

Weingarten Realty Investors

Supplemental Income Statement Detail

(in thousands)

	Three Months Ended June 30,						Six Months Ended June 30,
	2013			2012			2013			2012
Rentals, net
Base minimum rent, net	$	99,696		$	89,821		$	196,829		$	178,620
Straight line rent	494			741			1,026			1,292
Over/Under-market rentals, net	187			254			310			520
Percentage rent	965			1,057			2,147			2,130
Tenant reimbursements	26,486			24,140			51,578			45,389
Total	$	127,828		$	116,013		$	251,890		$	227,951
Fee Income Primarily from Real Estate Joint Ventures and Partnerships
Recurring	$	1,394		$	1,611		$	2,933		$	3,389
Non-Recurring	1,016			—			1,016			—
Total	$	2,410		$	1,611		$	3,949		$	3,389
Interest Expense, net
Interest paid or accrued	$	29,450		$	29,780		$	57,284		$	61,397
Over-market mortgage adjustment of acquired properties, net	(143		)	(341		)	(10,005		)	(444		)
Gross interest expense	29,307			29,439			47,279			60,953
Capitalized interest	(535		)	(811		)	(1,104		)	(1,594		)
Total	$	28,772		$	28,628		$	46,175		$	59,359
Interest and Other Income, net
Interest income from joint ventures (primarily construction loans)	$	631		$	697		$	1,258		$	1,416
Deferred compensation interest income (expense)	330			(341		)	1,293			1,021
Other	1,137			226			1,373			531
Total	$	2,098		$	582		$	3,924		$	2,968
Supplemental Analyst Information
Net Operating Income including Joint Ventures
Revenues	$	131,577		$	118,597		$	258,279		$	233,213
Operating expense	(25,003		)	(22,906		)	(49,452		)	(44,520		)
Real estate taxes	(15,444		)	(13,976		)	(30,104		)	(27,268		)
Total	91,130			81,715			178,723			161,425
Net Operating Income from Discontinued Operations	2,381			12,134			6,005			27,714
Minority Interests Share of Net Operating Income and Other Adjustments	(4,716		)	(5,239		)	(10,004		)	(10,482		)
Pro rata Income From Consolidated Ventures	88,795			88,610			174,724			178,657
Pro rata share of Unconsolidated Joint Ventures
Revenues	15,416			16,782			30,761			33,761
Operating expense	(2,687		)	(2,802		)	(5,090		)	(5,623		)
Real estate taxes	(1,958		)	(2,126		)	(3,562		)	(4,278		)
Total	10,771			11,854			22,109			23,860
Net Operating Income including Joint Ventures	$	99,566		$	100,464		$	196,833		$	202,517
Equity in Earnings (Losses) of Real Estate Joint Ventures and Partnerships, net
Net income (loss) from unconsolidated real estate joint ventures and partnerships	$	3,305		$	(16,670	)	$	7,003		$	(13,763	)
Intercompany fee income reclass	1,127			1,222			1,956			2,531
Other adjustments	297			(247		)	383			(388		)
Equity in earnings (losses) of real estate joint ventures and partnerships, net	$	4,729		$	(15,695	)	$	9,342		$	(11,620	)
Dividends
Common Dividends per Share	$	0.305		$	0.290		$	0.610		$	0.580
Common Dividends Paid as a % of Reported Funds from Operations	81.5		%	64.3		%	66.8		%	63.6		%
Common Dividends Paid as a % of Recurring Funds from Operations	61.0		%	61.7		%	62.2		%	62.0		%
General and Administrative Expenses
General and Administrative Expenses/Total Revenue	4.7		%	5.4		%	5.0		%	6.3		%
General and Administrative Expenses/Total Assets before Depreciation	0.12		%	0.12		%	0.25		%	0.28		%

Page 6

Weingarten Realty Investors

Supplemental Balance Sheet Detail

(in thousands)

	June 30, 2013			December 31, 2012
Property
Land	$	894,302		$	881,156
Land held for development	121,030			121,294
Land under development	4,182			6,155
Buildings and improvements	3,294,883			3,325,793
Construction in-progress	59,494			65,452
Total	$	4,373,891		$	4,399,850
Straight Line Rent Receivable
	$	58,004		$	58,497
Other Assets, net
Notes receivable and mortgage bonds, net	$	32,268		$	36,122
Debt service guaranty asset	74,075			74,075
Non-qualified benefit plan assets	16,629			16,027
Out-of-market rentals, net	8,712			7,729
Deferred income tax asset	11,308			11,548
Interest rate derivative	13,620			9,926
Other	17,654			12,498
Total	$	174,266		$	167,925
Other Liabilities, net
Deferred revenue	$	10,267		$	14,127
Non-qualified benefit plan liabilities	45,555			44,348
Deferred income tax payable	2,554			3,497
Out-of-market rentals, net	21,594			18,984
Interest rate derivative	537			768
Other	29,522			39,176
Total	$	110,029		$	120,900
Identified Intangible Assets and Liabilities
Identified Intangible Assets:
Above-market leases (included in Other Assets, net)	$	16,864		$	16,142
Above-market leases - Accumulated Amortization	(8,152		)	(8,413		)
Below-market assumed mortgages (included in Debt, net)	4,713			5,722
Below-market assumed mortgages - Accumulated Amortization	(1,674		)	(2,367		)
Valuation of in place leases (included in Unamortized Debt and Lease Costs, net)	111,963			104,353
Valuation of in place leases - Accumulated Amortization	(44,380		)	(39,665		)
Total	$	79,334		$	75,772
Identified Intangible Liabilities:
Below-market leases (included in Other Liabilities, net)	$	40,180		$	36,517
Below-market leases - Accumulated Amortization	(18,586		)	(17,533		)
Above-market assumed mortgages (included in Debt, net)	42,742			42,708
Above-market assumed mortgages - Accumulated Amortization	(37,520		)	(29,176		)
Total	$	26,816		$	32,516

Page 7

Weingarten Realty Investors

Capitalization and Debt Coverage Ratios

(in thousands, except common share data and percentages)

	June 30, 2013			December 31, 2012
Common Share Data
Closing Market Price	$	30.77		$	26.77
90-Day, Average Daily Trading Volume	925,364			836,362
Capitalization
Debt	$	2,350,762		$	2,204,030
Preferred Shares	150,000			425,000
Sub-total Debt & Preferred Shares	2,500,762			2,629,030
Common Shares at Market	3,751,817			3,252,689
Operating Partnership Units at Market	47,847			41,708
Total Market Capitalization (As reported)	$	6,300,426		$	5,923,427
Debt to Total Market Capitalization (As reported)	37.3		%	37.2		%
Debt to Total Market Capitalization (Pro rata)	37.0		%	36.3		%
Capital Availability
Revolving Credit Facility	$	500,000		$	500,000
Less:
Balance Outstanding Under Revolving Credit Facility	80,000			30,000
Outstanding Letters of Credit Under Revolving Facility	1,179			2,429
Unused Portion of Credit Facility	$	418,821		$	467,571

Covenant Ratios
	Restrictions
Debt to Asset Ratio (Public)	Less than 60.0%	46.9	%	43.6	%
Debt + Preferred to Asset Ratio	None	49.9	%	52.0	%
Secured Debt to Asset Ratio (Public)	Less than 40.0%	16.2	%	18.5	%
Unencumbered Asset Test (Public)	Greater than 150%	215.8	%	250.6	%
Fixed Charge Coverage (Pro rata/Revolver)	Greater than 1.5x	2.3x		2.1x

Net Debt to Adjusted EBITDA
EBITDA (Current Quarter)	$	171,337		$	119,657
(Gain)\Loss on Sale of Real Estate	(78,360		)	(27,681		)
Ground Rent	482			500
Depreciation Included in Discontinued Operations	686			262
Other Non-Recurring Items	(867		)	26
Recurring EBITDA	$	93,278		$	92,764
Net Debt (less cash & equivalents)	$	2,327,398		$	2,184,426
Net Debt to Adjusted EBITDA (annualized)	6.24x			5.89x

Credit Ratings
	S&P	Moody's
Senior Debt	BBB	Baa2
Outlook	Stable	Stable

Page 8

Weingarten Realty Investors

Guidance

(in thousands, except per share amounts)

2013 Guidance
	2013	2013
	Original Guidance	Revised Guidance
Recurring FFO Per Diluted Share	$1.84 - $1.90	$1.89 - $1.93
Portfolio Activity ($ in millions)
Acquisitions	$175 - $225	$100 - $150
New Development	$25 - $75	$15 - $50
Total	$200 - $300	$115 - $200
Dispositions	$200 - $300	$250 - $350
Operating Information
Same Property Net Operating Income	+2% to +3%	+3% to +3.5%
Signed Occupancy	94% to 95%	94% to 95%
Retail Rental Growth	+3% to +6%	+3% to +6%
Denotes change to original guidance

Page 9

Investment Activity

Weingarten Realty Investors

New Development Properties

As of June 30, 2013

(in thousands at pro rata share, except percentages)

							Total Square Feet  of Building Area (1)		Percent Leased				Pro Rata Spent Year-To-Date			Pro Rata Spent Inception to Date (2)		Total Estimated Investment (3)								Completions ($)  Year To Date
Center Name		Location	Anchors	WRI Own %			Gross	Net	Net @ 100%		Gross							WRI Costs			Gross Costs			Est. Final ROI %
UNDER DEVELOPMENT
1	Tomball Marketplace	Tomball, TX	Academy#, Kohl's#	100.0	%		147	62	66.5	%	85.9	%	97			14,410		15,488			15,488
	Tomball Marketplace Phase 2	Tomball, TX	Ross, Marshall's	100.0	%		172	104	67.2	%	80.2	%	(428		)	15,910		17,724			17,724
	Total Wholly Owned						319	165	66.9	%	82.9	%	$	(331	)	$	30,320	$	33,211		$	33,211		7.2	%	$	398
2	Hilltop Village Center	Alexandria, VA	Wegman's	100.0	%	(4)	265	265	71.0	%	71.0	%	6,590			34,228		63,871			63,871
	Total Joint Venture						265	265	71.0	%	71.0	%	$	6,590		$	34,228	$	63,871		$	63,871		8.4	%	$	—
	Total 2 Properties Under Development (exclusive of phasing)						584	430	69.4	%	77.5	%	$	6,259		$	64,549	$	97,082		$	97,082		8.0	%	$	398
							Spent Inception to Date (from above)											$	64,549		$	64,549
							Additional Capital Needed to Complete											33,930			33,930
							Reimbursement of Future Property Sales											(1,397		)	(1,397		)
							Total Estimated Investment											$	97,082		$	97,082

	QTR Completed	YTD Completed	3Q'13E	4Q'13E	1Q'14E	2Q'14E	3Q'14E	Remaining Balance
Completion ($)	$398	$398	$0 - $1,600	$0 - $2,900	$0 - $3,300	$900 - $5,900	$4,400 - $9,400	$53,700 - $58,700
Weighted Return (%)	7.1%	7.1%	6.8% - 7.3%	6.9% - 7.4%	6.8% - 7.3%	6.9% - 7.4%	7.9% - 8.4%	8.0% - 8.5%
Net Operating Income	$28	$28	$0 - $115	$0 - $215	$0 - $240	$60 - $435	$300 - $800	$4,300 - $5,000

# Denotes anchors that are not owned by Weingarten.

(1) Total gross building area reflects the entire shopping center under development. Includes square footage for any ownership by our partners and buildings owned by others.

(2) Net of non-cash impairment charges if applicable.

(3) Net of anticipated proceeds from land sales.

(4) Hilltop Village Center: 50/50 Joint Venture with 100% funding by WRI.

Note: Phased properties presented on this schedule are broken out but are counted as one in the property schedule.

Page 11

Weingarten Realty Investors

Land Held for Development

As of June 30, 2013

(in thousands, except acres and percentages)

	Ownership Interest		Gross Acres	Investment (1)
Location				100%		Pro Rata
New Development Phased Projects
US Hwy. 1 and Caveness Farms Road, Wake Forest - Raleigh, NC	100.0	%	37.5
Highway 17 and Highway 210, Surf City, NC	100.0	%	46.5
FM 2920 and Future 249, Tomball - Houston, TX	100.0	%	10.6
Decatur at 215 - Las Vegas, NV	100.0	%	14.7
Hwy. 85 & Hwy. 285, Sheridan, CO	50.0	%	18.2
US 77 & FM 802, Brownsville, TX	100.0	%	21.0
US Hwy. 17 & US Hwy. 74/76, Leland, NC	100.0	%	12.6
Bear Valley Road at Jess Ranch Parkway (III), Apple Valley, CA	50.0	%	10.9
South 300 West & West Paxton Avenue, Salt Lake City, UT	31.8	%	4.6
State Hwy. 95 & Bullhead Pkwy., Bullhead City, AZ	100.0	%	7.2
Belle Terre Pkwy. & State Rd. 100, Palm Coast, FL	100.0	%	6.7
SR 207 & Rolling Hills Drive, St. Augustine, FL	70.0	%	5.2
29th St. at Nolana Loop, McAllen, TX	50.0	%	3.8
Bear Valley Road at Jess Ranch Parkway (II), Apple Valley, CA	50.0	%	3.2
Southern Ave. & Signal Butte Rd., Mesa, AZ	100.0	%	1.5
SEC Poplar Ave. at I-240, Memphis, TN	100.0	%	1.2
Total New Development Phased Projects			205.3	$	51,082	$	43,126
Other Raw Land
FM 1957 (Potranco Rd.) and FM 211, San Antonio, TX	50.0	%	198.7
South Fulton Parkway and SH 92, Union City - Atlanta, GA	100.0	%	81.6
Shary Road and US Hwy. 83, Mission, TX	50.0	%	35.8
SH 281 & Wilderness Oaks, San Antonio, TX	100.0	%	29.2
Creedmoor (Highway 50) and Crabtree Valley Avenue, Raleigh, NC	100.0	%	11.7
Lon Adams Rd. at Tangerine Farms Rd. - Marana, AZ	100.0	%	9.7
Rock Prairie Rd. at Hwy. 6, College Station, TX	100.0	%	9.0
SH 151 & Ingram Rd., San Antonio, TX	66.7	%	5.8
Young Pines and Curry Ford Rd., Orlando, FL	100.0	%	3.0
Leslie Rd. at Bandera Rd., Helotes, TX	100.0	%	1.7
Other	100.0	%	37.1
Total Raw Land			423.4	$	81,282	$	60,648
Total Land Held For Development Properties			628.7	$	132,364	$	103,775

(1) Net of impairment and valuation adjustments.

Notes: Land costs account for $105.4 million of total investment at 100%, $80.1 million at pro rata share.

Categorization based upon proximity to development property and does not indicate future development pipeline.

Page 12

Weingarten Realty Investors

Disposition and Acquisition Summary

For the Period Ended June 30, 2013

(in thousands at pro rata share)

Center	City/State	Sq. Ft. of  Area  at 100%	Date  Sold	Sales  Proceeds		Weighted  Sales  Cap
Dispositions
1st Quarter
Westland Terrace	Orlando, FL	78	01/29/13
Palm Lakes Plaza *	Margate, FL	114	01/30/13
Crowfarn Drive *	Memphis, TN	159	02/21/13
Outland Business Center *	Memphis, TN	410	02/21/13
Kendall Corners *	Miami, FL	97	03/22/13
2nd Quarter
Edgebrook	Houston, TX	78	04/11/13
Westwood - Pad	San Antonio, TX		05/01/13
Houston Cold Storage	Houston, TX	129	05/10/13
Tully Corners *	San Jose, TX	116	05/15/13
Shoppes Paradise Key *	Destin, FL	272	05/15/13
Round Rock - Pad	Round Rock, TX		05/23/13
Sheldon Forest I & II	Channelview, TX	97	06/05/13
Orchard Green	Houston, TX	75	06/05/13
North Oaks	Houston, TX	405	06/05/13
Mission Center	Las Vegas, NV	152	06/18/13
Summer Center	Memphis, TN	139	06/19/13
Southside	Orlando, FL	160	06/24/13
Pavillions at San Mateo	Albuquerque, NM	209	06/27/13
Tomball Marketplace - Pad	Tomball, TX		06/28/13
Total Dispositions				$	123,920	7.40	%
			Date  Acquired	Purchase Price		Yield
Acquisitions
1st Quarter
Sea Ranch Centre	Sea Ranch Lakes, FL	99	03/06/13
2nd Quarter
Southgate Ground Lease	Lake Charles, LA		04/01/13
Queen Anne Marketplace *	Seattle, WA	66	05/21/13
Independence Plaza	Laredo, TX	324	06/11/13
Total Acquisitions				$	89,288	5.80	%

* Unconsolidated real estate joint venture activity

Page 13

Weingarten Realty Investors

Capital Expenditures

(in thousands at pro rata share)

	Acquisitions		New  Development		Major  Repairs		Tenant  Finish		Remodels/  Existing  Development (1)		Outside  Broker Fees		All  Other		Total
Quarter Ended 3/31/2013	$	18,000	$	3,455	$	894	$	6,862	$	1,631	$	1,127	$	784	$	32,753
Quarter Ended 6/30/2013	71,288		2,804		1,976		7,811		2,079		883		339		87,180
Six Months Ended 6/30/2013 (2)	$	89,288	$	6,259	$	2,870	$	14,673	$	3,710	$	2,010	$	1,123	$	119,933
Year Ended 12/31/2012	$	235,267	$	30,193	$	12,040	$	40,689	$	12,653	$	4,228	$	1,683	$	336,753
Year Ended 12/31/2011	$	68,900	$	35,225	$	11,646	$	44,351	$	15,578	$	6,637	$	606	$	182,943
Year Ended 12/31/2010	$	193,131	$	16,710	$	13,786	$	29,556	$	14,608	$	5,343	$	1,337	$	274,471

(1) Primarily incremental investment on properties formerly classified as new development.

(2) Internal Leasing Fees are approximately $6.9 million for the six months ended June 30, 2013.

Page 14

Summary of Debt

Weingarten Realty Investors

Debt Information

(in thousands, except percentages)

	June 30, 2013			2nd Quarter  Weighted  Average Rate (1)		December 31, 2012			4th Quarter  Weighted  Average Rate (1)
Outstanding Balance Summary
Mortgage Debt	$	795,681		5.93	%	$	920,963		6.15	%
3.5% Notes due 2023	298,617			3.50	%	—
3.375% Notes due 2022	298,919			3.38	%	298,870			3.38	%
8.1% Notes due 2019	100,000			8.10	%	100,000			8.10	%
Unsecured Notes Payable (MTN)	656,915			5.45	%	721,876			5.45	%
Revolving Credit Agreements (2)	104,500			1.08	%	66,000			1.32	%
Industrial Revenue Bonds	1,055			2.36	%	1,246			2.51	%
Obligations under Capital Leases	21,000			7.90	%	21,000			7.74	%
Subtotal Consolidated Debt	2,276,687			4.97	%	2,129,955			5.34	%
Debt Service Guarantee Liability (3)	74,075					74,075
Total Consolidated Debt - As Reported	2,350,762			4.97	%	2,204,030			5.34	%
Less: Noncontrolling Interests and Other Adjustments	(210,786		)			(261,950		)
Plus: WRI Share of Unconsolidated Joint Ventures	175,443					177,703
Total Debt - Pro rata Share	$	2,315,419		4.97	%	$	2,119,783		5.31	%
	Debt  Balance			2nd Quarter Weighted Average Rate (1)		% of Total			Weighted Average Remaining  Life (yrs)
Fixed vs. Variable Rate Debt (at Pro rata Share) (includes the effect of interest rate swaps)
As of June 30, 2013
Fixed-rate debt	$	2,072,794		5.26	%	89.5		%	5.28
Variable-rate debt	242,625			3.81	%	10.5		%	2.85
Total	$	2,315,419		4.97	%	100.0		%	5.02
As of December 31, 2012
Fixed-rate debt	$	1,912,230		5.83	%	90.2		%
Variable-rate debt	207,553			1.95	%	9.8		%
Total	$	2,119,783		5.31	%	100.0		%
Secured vs. Unsecured Debt (at Pro rata Share)
As of June 30, 2013
Secured Debt	$	811,701		5.98	%	35.1		%	3.90
Unsecured Debt	1,503,718			3.81	%	64.9		%	5.63
Total	$	2,315,419		4.97	%	100.0		%	5.02
As of December 31, 2012
Secured Debt	$	886,078		6.23	%	41.8		%
Unsecured Debt	1,233,705			4.42	%	58.2		%
Total	$	2,119,783		5.31	%	100.0		%
	As  Reported			Pro rata  Share
Weighted Average Interest Rates (1)
Three months ended 6/30/13	4.97		%	4.97	%
Six months ended 6/30/13	5.01		%	4.99	%
Three months ended 12/31/12	5.34		%	5.31	%
Twelve months ended 12/31/12	5.21		%	5.18	%

(1) Weighted average interest rates exclude the effects of ASC 805 “Business Combinations”, revolver facility fee, and other loan costs related to financing.

(2) Weighted average revolving interest rate excludes the effect of the facility fee of 25 basis points on the total commitment paid in arrears.

The weighted average revolving interest rate with the facility fee is 3.72% and 3.93% for the second quarter 2013 and the fourth quarter 2012, respectively.

(3) Debt service guarantee liability represents bonds issued in association with a guarantee in connection with a project in Denver, Colorado.

Page 16

Weingarten Realty Investors

Schedule of Maturities

As of June 30, 2013

(in thousands, except percentages)

	As Reported			Pro rata Share
	Maturities		Weighted  Average Rate (4)	Maturities		Weighted  Average Rate (4)	Floating Rate		Fixed Rate			Secured		Unsecured
2013 (1)	$	149,879	5.38%	$	161,674	5.42%	$	1,188	$	160,486		$	51,083	$	110,591
2014	474,020		5.67%	427,650		5.58%	265		427,385			112,650		315,000
2015	275,678		6.07%	240,940		5.93%	1,565		239,375			150,940		90,000
2016	226,027		6.29%	242,091		6.12%	8,322		233,769			167,091		75,000
2017	141,864		6.79%	163,840		6.42%			163,840			138,840		25,000
2018	64,157		6.63%	24,933		6.11%			24,933			15,363		9,570
2019 (2)	153,380		7.65%	156,710		7.27%			156,710			56,710		100,000
2020	3,342		6.34%	58,619		5.20%			58,619			58,619
2021	2,278		6.27%	10,114		5.94%			10,114			10,114
2022	304,815		3.42%	305,397		3.43%			305,397			5,397		300,000
Thereafter	348,264		3.72%	349,144		3.72%			349,144			17,424		331,720
Subtotal	2,143,704			2,141,112			11,340		2,129,772			784,231		1,356,881
Revolving Credit Agreements	104,500		1.10%	104,500		1.10%	104,500							104,500
Other (3)	102,558			69,807			9,387		60,420			27,470		42,337
Swap Maturities:
2014							50,000		(50,000		)
2017							67,398		(67,398		)
Total	$	2,350,762	5.01%	$	2,315,419	4.99%	$	242,625	$	2,072,794		$	811,701	$	1,503,718

(1) Includes $1.1 million of amortizing industrial revenue bonds with a final maturity date of 2015 that are currently callable by the lender.

(2) Includes $100.0 million of 8.1% bonds maturing in 2019 which may be redeemed at our option on or after September 15, 2014.

(3) Other includes capital leases, ASC 805 “Business Combinations” adjustment, debt service guarantee liability, market value of swaps and discounts on notes.

The debt service guarantee liability represents bonds issued in association with a guarantee in connection with a project in Denver, Colorado.

(4) Weighted average interest rates exclude the effects of ASC 805 “Business Combinations”, revolver facility fee paid quarterly on total commitment

in arrears, and other loan costs related to financing.

Page 17

Joint Ventures

Weingarten Realty Investors

Unconsolidated Joint Venture Financial Statements at 100%

(in thousands)

	Three Months Ended June 30,						Six Months Ended June 30,
Condensed Statements of Income	2013			2012			2013			2012
Revenues:
Base minimum rent, net	$	31,500		$	38,550		$	63,968		$	76,648
Straight line rent	398			570			797			1,273
Over/Under-market rentals, net	57			361			374			773
Percentage rent	286			213			395			484
Tenant reimbursements	8,400			9,521			16,734			19,259
Other income	458			811			992			1,436
Total	41,099			50,026			83,260			99,873
Expenses:
Depreciation and amortization	11,558			15,481			23,579			31,617
Interest, net	7,415			8,961			14,960			18,047
Operating	7,407			8,571			13,561			17,196
Real estate taxes, net	5,013			6,159			9,596			12,397
General and administrative	164			225			450			586
Provision for income taxes	86			95			148			168
Impairment loss	13			96,498			1,828			96,498
Total	31,656			135,990			64,122			176,509
(Loss) gain on sale of property	(10		)	246			1,202			246
Net income (loss)	$	9,433		$	(85,718	)	$	20,340		$	(76,390	)
Condensed Balance Sheets
							June 30,			December 31,
							2013			2012
ASSETS
Property							$	1,503,550		$	1,631,694
Accumulated depreciation							(274,448		)	(273,591		)
Property, net							1,229,102			1,358,103
Other assets, net							155,258			161,344
Total							$	1,384,360		$	1,519,447
LIABILITIES AND SHAREHOLDERS' EQUITY
Debt, net							$	462,859		$	468,841
Amounts payable to Weingarten Realty Investors and Affiliates							102,140			109,931
Other liabilities, net							33,267			34,157
Total							598,266			612,929
Accumulated equity							786,094			906,518
Total							$	1,384,360		$	1,519,447

Page 19

Weingarten Realty Investors

Unconsolidated Joint Venture Financial Statements at Pro rata Share

(in thousands)

	Three Months Ended June 30,						Six Months Ended June 30,
Condensed Statements of Income	2013			2012			2013			2012
Revenues:
Base minimum rent, net	$	11,894		$	12,923		$	23,745		$	25,932
Straight line rent	179			253			409			524
Over/Under-market rentals, net	(99		)	(39		)	(91		)	(38		)
Percentage rent	100			53			153			151
Tenant reimbursements	3,167			3,340			6,132			6,724
Other income	175			252			413			468
Total	15,416			16,782			30,761			33,761
Expenses:
Depreciation and amortization	4,434			5,363			8,927			11,007
Interest, net	2,902			3,274			5,829			6,605
Operating	2,687			2,802			5,090			5,623
Real estate taxes, net	1,958			2,126			3,562			4,278
General and administrative	77			72			148			164
Provision for income taxes	50			49			79			81
Impairment loss	3			19,889			366			19,889
Total	12,111			33,575			24,001			47,647
Gain on sale of property	—			123			243			123
Net income (loss)	$	3,305		$	(16,670	)	$	7,003		$	(13,763	)
Condensed Balance Sheets
							June 30,			December 31,
							2013			2012
ASSETS
Property							$	532,854		$	538,629
Accumulated depreciation							(107,303		)	(102,704		)
Property, net							425,551			435,925
Notes receivable from real estate joint ventures and partnerships							5,144			5,226
Unamortized debt and lease costs, net							21,701			22,206
Accrued rent and accounts receivable (net of allowance for doubtful accounts  of $372 in 2013 and $522 in 2012)							16,539			18,335
Cash and cash equivalents							14,452			12,915
Restricted deposits and mortgage escrows							2,465			2,605
Notes receivable and mortgage bonds, net							283			272
Out-of-market rentals, net							2,012			2,212
Other assets, net							2,100			2,037
Total							$	490,247		$	501,733
LIABILITIES AND SHAREHOLDERS' EQUITY
Debt, net							$	176,352		$	178,683
Amounts payable to Weingarten Realty Investors and Affiliates							47,939			50,106
Accounts payable and accrued expenses							5,693			5,917
Deferred revenue							1,109			856
Out-of-market rentals, net							3,290			3,179
Interest rate derivative							550			760
Other liabilities, net							859			921
Total							235,792			240,422
Accumulated equity							254,455			261,311
Total							$	490,247		$	501,733

Notes:

The Consolidated Financial Statements at pro rata share include only the real estate operations of joint ventures and partnerships at WRI’s ownership percentages. Pro rata financial information is not, and is not intended to be, a presentation in accordance with generally accepted accounting principles.

Page 20

Weingarten Realty Investors

Investments in Unconsolidated Real Estate Joint Ventures & Partnerships

June 30, 2013

(in thousands, except number of properties and percentages)

							Weingarten Realty
Joint Venture Partner	Number of  Operating Properties (1)(2)	Total GLA	Total Assets		Total Debt		Ownership  Interest	Share of Debt		Investment  Balance		Equity in Earnings  (Losses) of  Unconsolidated JVs
TIAA Florida Retail LLC	4	829	$	209,889	$	—	20.0%	$	—	$	41,551	$	828
Perlmutter SRP, LLC	8	816	129,260		102,210		25.0%	25,553		4,419		95
Collins	8	1,165	144,322		25,549		50.0%	12,775		52,621		1,643
AEW - Institutional Client	6	436	122,446		44,744		20.0%	8,949		14,846		337
BIT Retail	3	716	151,428		—		20.0%	—		29,724		518
Jamestown	6	1,350	146,342		85,438		20.0%	17,088		11,574		706
Fidelis Realty Partners	1	491	139,984		84,702		57.8%	48,915		30,683		1,018
Sleiman Enterprises	3	220	28,186		11,212		50.0%	5,606		11,528		275
Bouwinvest	1	66	33,819		—		51.0%	—		16,530		62
Other	18	2,749	278,685		109,003		52.7%	57,467		72,191		3,861
Total	58	8,839	$	1,384,360	$	462,859	37.8%	$	176,352	$	285,666	$	9,342

Joint Venture Description
TIAA Florida Retail LLC	Joint venture with an institutional partner, TIAA-CREF Global Real Estate
Perlmutter SRP, LLC	Retail joint venture with an institutional partner through Perlmutter Investment Company
Collins	Primarily a development joint venture in the Texas Rio Grande Valley
AEW - Institutional Client	Joint venture with an institutional partner through AEW Capital Management
BIT Retail	Retail joint venture with Mercantile Real Estate Advisors and its client, the AFL-CIO Building Investment Trust
Jamestown	Retail joint venture in Florida
Fidelis Realty Partners	Retail joint venture in Texas
Sleiman Enterprises	Retail joint venture in Florida
Bouwinvest	Retail joint venture with West Coast focus
(1) Excludes land held for development.
(2) Excludes additional consolidated joint ventures such as Hines Retail REIT Holdings and AEW Capital Management.

Page 21

Weingarten Realty Investors

Unconsolidated Joint Venture Mortgage Debt Information

As of June 30, 2013

(in thousands, except number of properties, percentages and term)

Balance Summary
		At 100%
Joint Venture Partner	# of Mortgaged  Properties	Mortgage Balance (1)		Average Interest Rate (2)	Average Remaining Term (yrs)
Perlmutter SRP, LLC	7	$	102,210	5.7%	2.6
Collins	2	25,549		6.3%	11.6
AEW - Institutional Client	4	44,744		5.5%	1.4
Jamestown	6	85,438		5.1%	4.6
Fidelis Realty Partners	1	84,702		4.3%	7.3
Sleiman Enterprises	2	11,212		5.6%	2.2
Other	6	107,737		5.5%	4.0
Total	28	$	461,593	5.3%	3.9

Schedule of Maturities
	At 100%			At WRI Share
	Maturities (1)		Weighted Average Rate (2)	Maturities (1)		Weighted Average Rate (2)
2013	$	26,616	5.2%	$	12,744	5.0%
2014	108,893		5.2%	25,596		5.1%
2015	43,470		5.0%	11,488		4.9%
2016	97,113		4.9%	25,386		4.8%
2017	56,260		5.1%	25,801		5.1%
2018	5,681		4.9%	3,164		4.9%
2019	5,981		4.9%	3,330		4.9%
2020	92,529		4.9%	55,277		4.9%
2021	15,406		5.5%	7,835		5.4%
2022	1,164		6.4%	582		6.4%
Thereafter	8,480		6.4%	4,240		6.4%
Total	$	461,593		$	175,443

(1) Excludes non-cash debt related items.

(2) Average and weighted average interest rates exclude the effects of ASC 805 “Business Combinations” and loan costs related to financing.

Note: All mortgages are fixed rate except for one included in “other”, which has a variable rate mortgage ($2.6 million at 100%) and matures in 2015.

Page 22

Portfolio Summary

Weingarten Realty Investors

Tenant Diversification by Percent of Rental Revenues

as of June 30, 2013

(in thousands at pro rata share, except percentages and # of units)

Rank	Tenant Name (1)(2)	Credit Ranking  (S&P / Moody's)	# of  Units	% of  Total  Revenue		Total  SF  (in 000's)
1	T.J.X. Companies, Inc.	A/A3	40	2.38	%	931
2	The Kroger Co. (3)	BBB/Baa2	24	2.26	%	1,186
3	Ross Stores, Inc.	A-/N/A	36	2.09	%	802
4	H-E-B	N/A/N/A	9	1.53	%	551
5	Safeway, Inc.	BBB/Baa3	18	1.46	%	754
6	Petsmart, Inc.	BB+/N/A	20	1.29	%	371
7	Bed Bath & Beyond, Inc.	BBB+/N/A	23	1.22	%	483
8	Best Buy, Inc.	BB/Baa2	12	1.15	%	350
9	The Sports Authority	B-/B3	10	1.11	%	345
10	Whole Foods Market, Inc.	BBB-/N/A	7	0.98	%	261
11	Harris Teeter, Inc. (3)	N/A/N/A	9	0.96	%	405
12	Dollar Tree Stores, Inc.	N/A/N/A	41	0.96	%	368
13	Office Depot, Inc. (3)	B-/B2	22	0.91	%	373
14	24 Hour Fitness Inc.	B/B3	7	0.86	%	179
15	Home Depot, Inc.	A-/A3	4	0.83	%	427
16	Petco Animal Supplies, Inc.	B/B3	20	0.82	%	228
17	Gap, Inc.	BBB-/Baa3	15	0.82	%	191
18	Publix Super Markets, Inc.	N/A/N/A	18	0.72	%	335
19	Raley's	N/A/N/A	6	0.69	%	331
20	Wal-Mart Stores, Inc.	AA/Aa2	5	0.61	%	443
21	Hobby Lobby Stores, Inc.	N/A/N/A	5	0.61	%	305
22	Office Max Inc. (3)	N/A/B1	11	0.60	%	238
23	Staples, Inc.	BBB/Baa2	10	0.59	%	215
24	Rite Aid	B-/B3	13	0.56	%	191
25	Academy Sports & Outdoors	N/A/N/A	5	0.54	%	258
	Grand Total		390	26.58	%	10,522

Notes:
	(1	)	Tenant Names:	DBA Names:
			The Kroger Co.	Kroger, Smith's Food, Ralphs, Fry's Food, King Soopers
			T.J.X. Companies, Inc.	T.J. Maxx, Marshalls, Home Goods
			Safeway, Inc.	Safeway, Randalls, Von's
			Bed Bath & Beyond, Inc.	Bed Bath & Beyond, Cost Plus, buybuy BABY
			Dollar Tree Stores, Inc.	Dollar Tree, Greenbacks
			Gap, Inc.	Gap, Old Navy, Banana Republic
			Raley's	Raley's, Bel Air Markets
	(2	)	Target owns and occupies 30 units not included above.
	(3	)	Impact of Pending Transactions		# of	% of Total	Total SF
					Units	Revenue	(in 000's)
			Kroger and Harris Teeter		33	3.22%	1,591
			Office Depot and Office Max		33	1.51%	611

Page 24

Weingarten Realty Investors

Portfolio Operating Information

(in thousands at pro rata share, except percentages and leases)

Leasing Activity / Rent Growth
Signed Leases
	Comparable:							Number of  Leases	Square Feet		New  Rent  $/SF		Prior  Rent  $/SF			TI's $/SF		Cash Change  in Base Rent
	All Leases
	Quarter Ended June 30, 2013 (1)							306	1,077		$	15.60	$	14.45		$	5.88	8.0	%
	Quarter Ended March 31, 2013							306	1,140		15.86		15.26			0.93		3.9	%
	Quarter Ended December 31, 2012							263	811		16.12		15.05			2.43		7.1	%
	Quarter Ended September 30, 2012							289	786		15.98		15.79			2.49		1.2	%
	Rolling 12 months							1,164	3,814		$	15.87	$	15.10		$	2.97	5.1	%
	New Leases
	Quarter Ended June 30, 2013 (1)							85	280		$	19.71	$	16.52		$	22.11	19.3	%
	Quarter Ended March 31, 2013							67	146		19.67		18.94			6.79		3.9	%
	Quarter Ended December 31, 2012							61	122		18.04		18.04			11.87		0.0	%
	Quarter Ended September 30, 2012							83	159		16.34		17.01			12.32		-3.9	%
	Rolling 12 months							296	706		$	18.66	$	17.39		$	14.97	7.3	%
	Renewals
	Quarter Ended June 30, 2013							221	798		$	14.15	$	13.72		$	0.20	3.2	%
	Quarter Ended March 31, 2013							239	994		15.30		14.72			0.07		3.9	%
	Quarter Ended December 31, 2012							202	689		15.78		14.52			0.77		8.7	%
	Quarter Ended September 30, 2012							206	627		15.89		15.48			0.01		2.6	%
	Rolling 12 months							868	3,108		$	15.23	$	14.57		$	0.25	4.5	%
	Comparable & Non-Comparable:
	Quarter Ended June 30, 2013							377	1,371
	Quarter Ended March 31, 2013							381	1,370
	Quarter Ended December 31, 2012							350	1,066
	Quarter Ended September 30, 2012							364	1,283
	Rolling 12 months							1,472	5,090
Lease
Expirations(2)
	Anchor Tenants(3)							Non-Anchor Tenants								Total Tenants
Year	Square Feet	Percent of  Total Square  Feet		Revenue(4)		Percent of  Total  Revenue		Square Feet	Percent of  Total Square  Feet		Revenue(4)		Percent of  Total  Revenue			Square Feet		Percent of  Total Square  Feet		Revenue(4)		Percent of  Total  Revenue
Other(5)	43	0	%	$	514	0	%	163	2	%	$	3,370	2		%	206		1	%	$	3,884	1	%
2013	453	2	%	3,505		2	%	646	7	%	13,805		6		%	1,099		4	%	17,310		4	%
2014	1,878	10	%	17,394		9	%	1,614	17	%	33,969		16		%	3,491		12	%	51,362		13	%
2015	2,196	12	%	20,237		11	%	1,799	18	%	38,116		18		%	3,996		14	%	58,353		14	%
2016	2,143	12	%	21,878		11	%	1,705	17	%	36,906		17		%	3,849		14	%	58,784		14	%
2017	2,029	11	%	24,281		13	%	1,386	14	%	32,092		15		%	3,416		12	%	56,373		14	%
2018 - 2023	6,831	37	%	74,952		39	%	2,235	23	%	53,003		24		%	9,067		32	%	127,956		31	%

Notes:

(1) The quarter ended June 30, 2013 includes two leases totaling 21,200 sf at Pike Center at a blended rate of $43.17 psf as compared to the prior tenant of $10.00 psf.

(2) Reflects in-place leases as of June 30, 2013.

(3) Anchor tenants represent any tenant at least 10,000 square feet.

(4) Revenue only includes minimum base rent.

(5) Leases currently under month-to-month status or in-process of renewal.

Page 25

Weingarten Realty Investors

Portfolio Operating Information (continued)

(in thousands at pro rata share, except percentages)

Occupancy
	Quarter Ended
	June 30, 2013	March 31, 2013	December 31, 2012	September 30, 2012	June 30, 2012
Signed Basis
Anchor (1)	97.7%	97.1%	97.1%	97.2%	97.3%
Non-Anchor	88.6%	88.2%	88.2%	88.3%	87.8%
Total Retail	94.3%	93.7%	93.7%	93.9%	93.7%
Other	86.4%	91.4%	87.2%	85.9%	86.7%
Total Signed	94.2%	93.7%	93.6%	93.6%	93.4%
Commenced Basis
Anchor (1)	95.9%	95.1%	95.0%	95.1%	95.1%
Non-Anchor	85.2%	84.8%	85.2%	85.3%	84.4%
Total Retail	91.9%	91.2%	91.3%	91.5%	91.0%
Other	86.4%	91.4%	87.2%	82.8%	81.4%
Total Commenced	91.9%	91.2%	91.2%	91.2%	90.6%
Same Property (2)	95.0%	94.5%	94.4%	94.5%	94.2%

Average Base Rents (3)
	Quarter Ended
	June 30, 2013		March 31, 2013		December 31, 2012		September 30, 2012		June 30, 2012
Commenced Basis
Anchor (1)	$	11.18	$	11.11	$	11.08	$	10.92	$	10.84
Non-Anchor	22.21		22.17		22.04		21.80		21.39
Total	$	15.22	$	15.19	$	15.14	$	14.93	$	14.74

Same Property Net Operating Income Growth (4)
	Three Months Ended June 30,					Six Months Ended June 30,
	2013		2012		% Change	2013		2012		% Change
Revenues	$	122,709	$	117,386	4.5%	$	243,317	$	234,000	4.0%
Expenses	34,145		33,049		3.3%	66,752		64,826		3.0%
Total	$	88,564	$	84,336	5.0%	176,565		169,174		4.4%
Notes:
(1) Anchor tenants represent any tenant at least 10,000 square feet.
(2) Same Property Occupancy includes operating centers that have been owned for the same comparable time period.
(3) Average Base rent per Leased SF excludes ground leases.
(4) Same Property NOI Growth includes the Company's share of unconsolidated real estate joint ventures and partnerships and
provisions for uncollectible amounts and related recoveries. It excludes the effect of lease cancellation income and
straight-line rent adjustments and is reported on a cash basis.

Page 26

Weingarten Realty Investors

Total Net Operating Income by Geographic Region (1)

(in thousands at pro rata share, except percentages)

	Six Months Ended June 30,								Twelve Months Ended December 31,
	2013		%		2012		%		2012		%		2011		%		2010		%		2009		%
West Region
California	$	32,273	16.8	%	$	27,696	13.8	%	$	59,163	15.0	%	$	53,618	13.2	%	$	50,943	13.1	%	$	50,136	12.7	%
Washington	1,137		0.6	%	1,086		0.5	%	2,048		0.5	%	1,978		0.5	%	1,171		0.3	%	1,124		0.3	%
Oregon	743		0.4	%	730		0.4	%	1,528		0.4	%	1,349		0.3	%	1,345		0.3	%	1,342		0.3	%
Total West Region	34,153		17.8	%	29,513		14.7	%	62,738		15.9	%	56,945		14.0	%	53,459		13.7	%	52,602		13.3	%
Mountain Region
Nevada	$	14,601	7.6	%	$	14,936	7.5	%	$	30,094	7.6	%	$	30,525	7.5	%	$	30,906	8.0	%	$	31,505	8.0	%
Arizona	13,556		7.0	%	12,873		6.4	%	26,032		6.6	%	25,450		6.3	%	24,287		6.2	%	26,845		6.8	%
Colorado	5,539		2.9	%	6,840		3.4	%	13,778		3.5	%	12,485		3.1	%	10,099		2.6	%	9,136		2.3	%
New Mexico	2,768		1.4	%	2,129		1.1	%	4,622		1.2	%	4,993		1.2	%	5,250		1.4	%	8,714		2.2	%
Utah	1,778		0.9	%	1,772		0.9	%	3,556		0.9	%	3,494		0.9	%	3,548		0.9	%	3,557		0.9	%
Total Mountain Region	38,243		19.8	%	38,551		19.3	%	78,082		19.8	%	76,947		19.0	%	74,090		19.1	%	79,757		20.2	%
Central Region
Texas	$	53,234	27.7	%	$	61,822	30.9	%	$	116,645	29.5	%	$	129,540	32.0	%	$	121,035	31.1	%	$	113,454	28.7	%
Louisiana	5,242		2.7	%	4,178		2.1	%	9,185		2.3	%	8,272		2.0	%	7,715		2.0	%	8,363		2.1	%
Arkansas	1,550		0.8	%	1,528		0.8	%	3,089		0.8	%	3,106		0.8	%	2,732		0.7	%	3,048		0.8	%
Missouri	514		0.3	%	421		0.2	%	852		0.2	%	1,061		0.3	%	3,019		0.8	%	1,875		0.5	%
Oklahoma	340		0.2	%	531		0.3	%	921		0.2	%	1,083		0.3	%	1,034		0.3	%	975		0.2	%
Illinois	—		0.0	%	1,499		0.7	%	2,464		0.6	%	2,556		0.6	%	2,065		0.5	%	2,960		0.7	%
Kansas	—		0.0	%	479		0.2	%	474		0.1	%	1,181		0.3	%	1,214		0.3	%	1,405		0.4	%
Total Central Region	60,880		31.7	%	70,457		35.2	%	133,629		33.7	%	146,799		36.3	%	138,814		35.7	%	132,080		33.4	%
Mid-Atlantic Region
North Carolina	$	12,016	6.2	%	$	13,041	6.5	%	$	25,074	6.3	%	$	25,656	6.3	%	$	24,869	6.4	%	$	25,476	6.5	%
Georgia	10,121		5.3	%	9,602		4.8	%	19,767		5.0	%	19,845		4.9	%	21,798		5.6	%	22,643		5.7	%
Tennessee	3,716		1.9	%	3,996		2.0	%	7,770		2.0	%	7,491		1.8	%	6,261		1.6	%	5,009		1.3	%
Kentucky	3,508		1.8	%	3,577		1.8	%	7,050		1.8	%	6,890		1.7	%	7,019		1.8	%	6,766		1.7	%
Maryland	1,382		0.7	%	—		0.0	%	1,063		0.3	%	—		0.0	%	—		0.0	%	—		0.0	%
South Carolina	134		0.1	%	139		0.1	%	265		0.1	%	268		0.1	%	285		0.1	%	306		0.1	%
Virginia	—		0.0	%	1,525		0.8	%	1,805		0.5	%	3,551		0.9	%	3,634		0.9	%	3,626		0.9	%
Maine	—		0.0	%	40		0.0	%	40		0.0	%	214		0.1	%	321		0.1	%	355		0.1	%
Total Mid-Atlantic Region	30,877		16.0	%	31,919		16.0	%	62,833		16.0	%	63,915		15.8	%	64,186		16.5	%	64,181		16.3	%
Southeast Region
Florida	$	28,302	14.7	%	$	29,537	14.8	%	$	57,620	14.6	%	$	60,361	14.9	%	$	58,135	15.0	%	$	66,170	16.8	%
Total Southeast Region	28,302		14.7	%	29,537		14.8	%	57,620		14.6	%	60,361		14.9	%	58,135		15.0	%	66,170		16.8	%
Total Net Operating Income	$	192,454	100.0	%	$	199,977	100.0	%	$	394,902	100.0	%	$	404,967	100.0	%	$	388,684	100.0	%	$	394,790	100.0	%

(1) The Net Operating Income at pro rata share includes the real estate operations of joint ventures at WRI’s ownership percentages ranging from 15% to 75% except for the operations of downreit partnerships, which are included at 100%. Net Operating

Income excludes the effect of lease cancellation income, straight-line rent adjustments and impairment charges. Pro rata financial information is not, and is not intended to be, a presentation in accordance with generally accepted accounting principles.

Page 27

Property Listing

Weingarten Realty Investors

Summary Property Listing

As of June 30, 2013

		Gross Leasable Area
ALL PROPERTIES BY STATE	# of   Properties	WRI Owned	Joint Venture   Share	Owned   by Other	Total
Arizona	23	2,217,809	—	1,659,460	3,877,269
Arkansas	3	357,010	—	—	357,010
California	30	4,000,607	293,833	1,046,279	5,340,719
Colorado	10	912,555	678,045	1,224,456	2,815,056
Florida	44	4,613,753	2,724,575	1,493,717	8,832,045
Georgia	17	1,798,640	326,936	893,578	3,019,154
Kentucky	4	634,594	—	127,614	762,208
Louisiana	8	1,286,776	107,974	330,242	1,724,992
Maryland	1	81,336	—	—	81,336
Missouri	2	229,282	28,367	—	257,649
Nevada	11	2,214,450	—	1,192,283	3,406,733
New Mexico	3	283,470	—	248,626	532,096
North Carolina	21	2,217,372	120,165	705,600	3,043,137
Oklahoma	1	128,231	—	—	128,231
Oregon	3	119,871	90,777	62,600	273,248
South Carolina	1	21,530	64,590	—	86,120
Tennessee	5	472,171	221,834	154,340	848,345
Texas	83	8,678,564	3,097,660	2,835,959	14,612,185
Utah	4	316,647	90,774	434,465	841,886
Virginia	1	—	—	—	—
Washington	6	212,990	362,473	65,346	640,809
Total	281	30,797,658	8,208,003	12,474,565	51,480,228

Footnotes for detail property listing

(1) Denotes partial ownership. The square feet figures represent WRI's proportionate ownership of the property held by the joint venture or partnership.

(2) Denotes property currently under development.

(3) Denotes properties that are not consolidated for SEC reporting purposes.

(4) Denotes single tenant retail property.

( ) Retailers in parenthesis are not a part of the owned property.

NOTES: Square feet is reflective of area available to be leased. Average Base Rent per Leased SF excludes ground leases.

Page 29

Weingarten Realty Investors

Property Listing

As of June 30, 2013

Center	CBSA		Owned %		Foot Notes	Owned GLA	Total GLA	Average Base Rent  (ABR)	Occupancy %		Grocer Anchor	Other Anchors      ( ) indicates owned by others
Operating Properties
Arizona
Mohave Crossroads	Lake Havasu City-Kingman, AZ		100.0	%		182,168	395,477	13.31	80.9	%		(Target), (Kohls), PetSmart, Staples, Bed Bath & Beyond, Ross Dress for Less
Arcadia Biltmore Plaza	Phoenix-Mesa-Scottsdale, AZ		100.0	%		21,122	21,122	N/A	86.5	%		Endurance Rehab, Weingarten Realty Regional Office
Arrowhead Festival S.C.	Phoenix-Mesa-Scottsdale, AZ		100.0	%		29,834	194,309	22.81	100.0	%		(Sports Authority), (Toys “R” Us), (Bed Bath & Beyond)
Broadway Marketplace	Phoenix-Mesa-Scottsdale, AZ		100.0	%		82,757	87,379	11.05	91.5	%		Office Max, Ace Hardware
Camelback Village Square	Phoenix-Mesa-Scottsdale, AZ		100.0	%		134,495	242,715	13.36	97.0	%	Fry’s Supermarket	Office Max
Desert Village	Phoenix-Mesa-Scottsdale, AZ		100.0	%		101,685	107,071	20.55	96.5	%	AJ Fine Foods	CVS/pharmacy
Fountain Plaza	Phoenix-Mesa-Scottsdale, AZ		100.0	%		113,536	305,588	8.90	98.7	%	Fry’s Supermarket	Dollar Tree, (Lowes)
Laveen Village Market	Phoenix-Mesa-Scottsdale, AZ		100.0	%		39,763	318,805	26.68	100.0	%	(Fry’s Supermarket)	(Home Depot)
Monte Vista Village Center	Phoenix-Mesa-Scottsdale, AZ		100.0	%		45,751	108,551	22.80	95.5	%	(Safeway)
Palmilla Center	Phoenix-Mesa-Scottsdale, AZ		100.0	%		103,568	178,219	17.73	97.5	%	(Fry’s Supermarket)	Office Max, PetSmart, Dollar Tree
Pueblo Anozira	Phoenix-Mesa-Scottsdale, AZ		100.0	%		157,607	157,607	13.94	98.0	%	Fry’s Supermarket	Petco, Dollar Tree
Raintree Ranch	Phoenix-Mesa-Scottsdale, AZ		100.0	%		129,822	133,020	24.53	96.7	%	Whole Foods
Rancho Encanto	Phoenix-Mesa-Scottsdale, AZ		100.0	%		66,787	72,170	10.63	100.0	%	Fresh N Easy	Family Dollar
Red Mountain Gateway	Phoenix-Mesa-Scottsdale, AZ		100.0	%		69,212	199,012	14.60	94.4	%		(Target), Bed Bath & Beyond, Famous Footwear
Scottsdale Horizon	Phoenix-Mesa-Scottsdale, AZ		100.0	%		10,237	148,383	28.12	100.0	%	(Safeway)
Squaw Peak Plaza	Phoenix-Mesa-Scottsdale, AZ		100.0	%		60,728	60,728	17.07	94.2	%	Sprouts Farmers Market
The Shoppes at Parkwood Ranch	Phoenix-Mesa-Scottsdale, AZ		100.0	%		92,626	106,738	11.55	95.4	%		Hobby Lobby, Dollar Tree
Valley Plaza	Phoenix-Mesa-Scottsdale, AZ		100.0	%		145,518	153,880	14.85	76.8	%	US Foods	Ross Dress for Less
Entrada de Oro	Tucson, AZ		100.0	%		88,665	109,075	16.82	95.7	%	Wal-Mart Neighborhood Market
Madera Village	Tucson, AZ		100.0	%		96,697	106,858	11.60	97.9	%	Safeway	Walgreens, Dollar Tree
Oracle Crossings	Tucson, AZ		100.0	%		251,194	261,194	17.55	99.2	%	Sprouts Farmers Market	Kohl's, Home Goods
Oracle Wetmore	Tucson, AZ		100.0	%		150,109	343,237	24.04	97.2	%		(Home Depot), Cost Plus, PetSmart, Walgreens, Ulta Beauty
Shoppes at Bears Path	Tucson, AZ		100.0	%		43,928	66,131	14.96	86.8	%		(Osco Drug)
Arizona Total:	# of Properties:	23				2,217,809	3,877,269	16.06	94.2	%
Arkansas
Markham Square	Little Rock-N. Little Rock, AR		100.0	%		125,884	125,884	8.09	98.7	%		Burlington Coat Factory, Ross Dress for Less
Markham West	Little Rock-N. Little Rock, AR		100.0	%		178,500	178,500	9.94	100.0	%		Academy, Office Depot, Michaels, Bassett Furniture, Dollar Tree
Westgate	Little Rock-N. Little Rock, AR		100.0	%		52,626	52,626	10.57	96.4	%		SteinMart
Arkansas Total:	# of Properties:	3				357,010	357,010	9.39	99.0	%
California
8000 Sunset Strip Shopping Center	Los Angeles-Long Beach et al, CA		100.0	%		171,375	171,375	38.77	94.3	%	Trader Joe's	Crunch, Sundance Cinemas
Buena Vista Marketplace	Los Angeles-Long Beach et al, CA		100.0	%		90,805	115,340	22.74	100.0	%	Ralph's	Dollar Tree
Centerwood Plaza	Los Angeles-Long Beach et al, CA		100.0	%		75,486	75,486	12.07	94.8	%	Superior Grocers
Westminster Center	Los Angeles-Long Beach et al, CA		100.0	%		417,567	425,437	17.64	96.6	%	Albertsons	Home Depot, Ross Dress for Less, Petco, Rite Aid
Hallmark Town Center	Madera, CA		100.0	%		85,066	98,359	12.97	97.5	%	Food 4 Less	Bally Total Fitness

Page 30

Weingarten Realty Investors

Property Listing

As of June 30, 2013

Center	CBSA		Owned %		Foot Notes	Owned GLA	Total GLA	Average Base Rent  (ABR)	Occupancy %		Grocer Anchor	Other Anchors      ( ) indicates owned by others
Marshalls Plaza	Modesto, CA		100.0	%		78,752	85,952	14.97	93.3	%		Marshalls, Dress Barn, Guitar Center
Shasta Crossroads	Redding, CA		100.0	%		121,183	176,866	17.25	97.8	%	Food Maxx	(Target)
Shasta Crossroads (II)	Redding, CA		40.0	%	(1)(3)	30,313	90,663	13.79	100.0	%	Food Maxx	Sports Authority, (Target)
Chino Hills Marketplace	Riverside et al, CA		100.0	%		310,991	310,991	19.60	95.3	%	Von’s	Dollar Tree, 24 Hour Fitness, Rite Aid
Jess Ranch Marketplace	Riverside et al, CA		50.0	%	(1)(3)	104,384	307,937	19.34	96.0	%	(Winco Foods)	Burlington Coat Factory, PetSmart, Rite Aid, Big 5
Jess Ranch Phase III	Riverside et al, CA		50.0	%	(1)(3)	92,414	194,362	18.52	95.6	%	(Winco Foods)	Best Buy, Cinemark Theatres, Bed Bath & Beyond, 24 Hour Fitness
Menifee Town Center	Riverside et al, CA		100.0	%		124,431	248,734	16.00	100.0	%	Ralph's	Ross Dress for Less, Dollar Tree
Stoneridge Town Centre	Riverside et al, CA		67.0	%	(1)(3)	104,692	431,272	22.48	82.3	%	(Super Target)	(Office Max, Kohl's)
Arcade Square	Sacramento--Arden et al, CA		100.0	%		76,497	76,497	13.39	94.7	%	Grocery Outlet
Discovery Plaza	Sacramento--Arden et al, CA		100.0	%		93,398	93,398	15.76	98.7	%	Bel Air Market
Prospectors Plaza	Sacramento--Arden et al, CA		100.0	%		228,345	236,959	21.64	95.9	%	SaveMart	Kmart, Long’s Drug Store
Summerhill Plaza	Sacramento--Arden et al, CA		100.0	%		128,835	128,835	11.36	93.8	%	Raley’s	Dollar Tree
Valley	Sacramento--Arden et al, CA		100.0	%		98,240	107,005	17.02	91.4	%	Raley's
El Camino Promenade	San Diego-Carlsbad et al, CA		100.0	%		129,676	129,676	24.10	98.9	%		T.J. Maxx, Staples, Dollar Tree
Rancho San Marcos Village	San Diego-Carlsbad et al, CA		100.0	%		120,829	132,689	18.13	94.6	%	Von’s	24 Hour Fitness
San Marcos Plaza	San Diego-Carlsbad et al, CA		100.0	%		35,880	81,086	32.01	93.6	%	(Albertsons)
580 Market Place	San Francisco-Oakland et al, CA		100.0	%		99,256	99,256	29.24	100.0	%	Safeway	24 Hour Fitness, Petco
Fremont Gateway Plaza	San Francisco-Oakland et al, CA		100.0	%		194,601	361,701	19.07	97.7	%	Raley’s	24 Hour Fitness, Big Cinemas, (Walgreen)
Greenhouse Marketplace	San Francisco-Oakland et al, CA		100.0	%		147,063	236,832	19.15	100.0	%	(Safeway)	(Longs Drug Stores), Jo-Ann Fabrics, 99 Cents Only, Factory 2 U
Silver Creek Plaza	San Jose-Sunnyvale et al, CA		100.0	%		132,925	197,925	23.12	100.0	%	Safeway	Walgreens, (Orchard Supply)
Freedom Centre	Santa Cruz-Watsonville, CA		100.0	%		150,865	150,865	15.53	96.3	%	Safeway	Rite Aid, Big Lots
Stony Point Plaza	Santa Rosa-Petaluma, CA		100.0	%		194,629	200,071	13.68	100.0	%	Food Maxx	Ross Dress for Less, Fallas Paredes, Goodwill Industries, Dollar General
Creekside Center	Vallejo-Fairfield, CA		100.0	%		114,445	114,445	20.26	92.2	%	Raley’s
Southampton Center	Vallejo-Fairfield, CA		100.0	%		162,426	162,426	18.50	99.2	%	Raley’s	Ace Hardware
Sunset Center	Vallejo-Fairfield, CA		100.0	%		85,238	98,279	14.81	91.6	%		Rite Aid, In-Shape City
California Total:	# of Properties:	30				4,000,607	5,340,719	19.11	96.3	%
Colorado
Aurora City Place	Denver-Aurora, CO		50.0	%	(1)(3)	180,478	542,956	15.28	84.1	%	(Super Target)	Sports Authority, Barnes & Noble, Ross Dress For Less, PetSmart
Cherry Creek	Denver-Aurora, CO		100.0	%		78,148	272,671	25.95	100.0	%		Sports Authority, PetSmart, (Target)
CityCenter Englewood	Denver-Aurora, CO		51.0	%	(1)(3)	137,298	359,213	15.44	79.9	%		(Wal-Mart), Ross Dress for Less, Petco, Office Depot, Bally Total Fitness
Crossing at Stonegate	Denver-Aurora, CO		51.0	%	(1)(3)	55,620	109,058	15.48	100.0	%	King Sooper’s
Edgewater Marketplace	Denver-Aurora, CO		100.0	%		144,553	270,553	10.49	96.9	%	King Sooper's	Ace Hardware, (Target)
Green Valley Ranch Towne Center	Denver-Aurora, CO		50.0	%	(1)(3)	28,474	114,947	21.52	90.9	%	(King Sooper’s)
Lowry Town Center	Denver-Aurora, CO		50.0	%	(1)(3)	38,349	129,398	24.93	95.4	%	(Albertsons)
River Point at Sheridan	Denver-Aurora, CO		50.0	%	(1)	92,944	519,020	18.38	89.3	%		(Target), (Costco and Costco Gas Pad), Regal Cinema, Michaels, Tuesday Morning
Thorncreek Crossing	Denver-Aurora, CO		51.0	%	(1)(3)	108,185	386,127	15.68	100.0	%	Sunflower Farmers Market, (Super Target)	Barnes & Noble, Cost Plus, Michael's, OfficeMax, Dollar Tree

Page 31

Weingarten Realty Investors

Property Listing

As of June 30, 2013

Center	CBSA		Owned %		Foot Notes	Owned GLA	Total GLA	Average Base Rent  (ABR)	Occupancy %		Grocer Anchor	Other Anchors      ( ) indicates owned by others
Westminster Plaza	Denver-Aurora, CO		50.0	%	(1)	48,506	111,113	17.57	100.0	%	Safeway	(Walgreens)
Colorado Total:	# of Properties:	10				912,555	2,815,056	16.45	91.8	%
Florida
Shoppes at Paradise Isle	Fort Walton Beach et al, FL		25.0	%	(1)(3)	42,917	171,669	16.03	98.4	%		Big Lots, Best Buy, PetSmart, Office Depot, Michaels
Argyle Village	Jacksonville, FL		100.0	%		312,432	312,432	10.88	93.4	%	Publix	Bed Bath & Beyond, T.J. Maxx, Babies “R” Us, Jo-Ann’s Fabrics, Michaels
Atlantic North	Jacksonville, FL		50.0	%	(1)(3)(4)	33,842	112,685	N/A	100.0	%		Academy, (LA Fitness)
Atlantic West	Jacksonville, FL		50.0	%	(1)(3)	33,736	163,481	11.83	100.0	%		T.J. Maxx, Office Depot, Dollar Tree, Shoe Carnival, (Kohl's)
Epic Village - St. Augustine	Jacksonville, FL		70.0	%	(1)	8,542	64,180	18.40	86.6	%		(Epic Theaters)
Kernan Village	Jacksonville, FL		50.0	%	(1)(3)	42,579	288,780	16.16	100.0	%	(Wal-Mart Supercenter)	Ross Dress for Less, Petco
Boca Lyons	Miami-Fort Lauderdale et al, FL		100.0	%		117,515	117,515	21.53	81.6	%		Ross Dress for Less
Embassy Lakes	Miami-Fort Lauderdale et al, FL		100.0	%		131,723	179,937	13.29	90.5	%	Winn Dixie	Tuesday Morning
Flamingo Pines	Miami-Fort Lauderdale et al, FL		100.0	%		139,462	266,761	20.56	93.4	%	(Wal-Mart Supercenter)	U.S. Post Office, Florida Technical College
Flamingo Pines	Miami-Fort Lauderdale et al, FL		20.0	%	(1)(3)	25,373	148,840	16.78	92.9	%	Publix
Hollywood Hills Plaza	Miami-Fort Lauderdale et al, FL		20.0	%	(1)(3)	72,957	408,509	18.59	99.1	%	Publix	Target, CVS/pharmacy
Northridge	Miami-Fort Lauderdale et al, FL		20.0	%	(1)(3)	46,969	237,872	17.14	95.9	%	Publix	Petco, Ross Dress for Less, Dollar Tree
Pembroke Commons	Miami-Fort Lauderdale et al, FL		20.0	%	(1)(3)	60,914	324,829	13.60	98.7	%	Publix	Marshalls, Office Depot, LA Fitness, Dollar Tree
Publix at Laguna Isles	Miami-Fort Lauderdale et al, FL		100.0	%		69,475	69,475	14.17	85.9	%	Publix
Shoppes at Parkland	Miami-Fort Lauderdale et al, FL		30.0	%	(1)	43,663	167,131	12.14	98.1	%	BJ's Wholesale Club
Sunrise West Shopping Center	Miami-Fort Lauderdale et al, FL		25.0	%	(1)(3)	19,080	76,321	14.41	88.3	%	Publix
Tamiami Trail Shops	Miami-Fort Lauderdale et al, FL		20.0	%	(1)(3)	22,173	132,564	15.11	93.4	%	Publix	CVS/pharmacy
TJ Maxx Plaza	Miami-Fort Lauderdale et al, FL		100.0	%		161,429	161,429	14.82	97.9	%	Winn Dixie	T.J. Maxx, Dollar Tree
Vizcaya Square	Miami-Fort Lauderdale et al, FL		100.0	%		110,081	110,081	14.36	97.2	%	Winn Dixie
Sea Ranch Centre	Miami-Fort Lauderdale-Pompano Beach, FL		100.0	%		98,519	98,519	17.28	84.3	%	Publix	CVS, Dollar Tree
Alafaya Square	Orlando, FL		20.0	%	(1)(3)	35,297	176,486	12.19	81.8	%	Publix
Clermont Landing	Orlando, FL		65.7	%	(1)(3)	110,396	337,713	15.94	92.3	%		(J.C. Penney), (Epic Theater), T.J. Maxx, Ross Dress for Less, Michaels
Colonial Landing	Orlando, FL		50.0	%	(1)	129,512	259,024	13.19	100.0	%		PetSmart, Sports Authority, Bed Bath & Beyond, buybuy BABY
Colonial Plaza	Orlando, FL		100.0	%		501,837	501,837	13.68	98.5	%		Staples, Ross Dress for Less, Marshalls, Old Navy, SteinMart, Barnes & Noble, Petco, Big Lots, Hobby Lobby
International Drive Value Center	Orlando, FL		20.0	%	(1)(3)	37,133	185,664	9.57	89.8	%		Bed Bath & Beyond, Ross Dress for Less, T.J. Maxx
Marketplace at Seminole Towne Center	Orlando, FL		100.0	%		302,135	484,048	14.71	100.0	%	(Super Target)	Marshalls, Ross Dress for Less, Old Navy, Sports Authority, Petco
Phillips Crossing	Orlando, FL		100.0	%		145,644	145,644	26.53	98.9	%	Whole Foods	Golf Galaxy, Michaels
Phillips Landing	Orlando, FL		100.0	%		66,218	286,033	17.84	100.0	%	(Wal-Mart Supercenter)	Planet Fitness
The Marketplace at Dr. Phillips	Orlando, FL		20.0	%	(1)(3)	65,218	326,090	21.08	96.8	%	Publix	Stein Mart, Home Goods, Morton's of Chicago, Office Depot
The Shoppes at South Semoran	Orlando, FL		100.0	%		101,486	101,486	11.82	100.0	%	Wal-Mart Neighborhood Market	Dollar Tree
University Palms	Orlando, FL		30.0	%	(1)	29,752	105,127	13.57	100.0	%	Publix
Winter Park Corners	Orlando, FL		100.0	%		102,382	102,382	19.99	100.0	%	Whole Foods Market
Indian Harbour Place	Palm Bay-Melbourne et al, FL		25.0	%	(1)(3)	40,880	163,521	11.75	98.5	%	Publix	Beall's

Page 32

Weingarten Realty Investors

Property Listing

As of June 30, 2013

Center	CBSA		Owned %		Foot Notes	Owned GLA	Total GLA	Average Base Rent  (ABR)	Occupancy %		Grocer Anchor	Other Anchors      ( ) indicates owned by others
Lake Washington Crossing	Palm Bay-Melbourne et al, FL		25.0	%	(1)(3)	29,707	118,828	10.28	85.7	%	Publix
Lake Washington Square	Palm Bay-Melbourne et al, FL		100.0	%		112,057	112,057	10.64	94.1	%	Thrifty Specialty Produce	LA Fitness
Pineapple Commons	Port St. Lucie-Fort Pierce, FL		20.0	%	(1)(3)	50,023	264,468	14.51	100.0	%		Ross Dress for Less, Best Buy, PetSmart, Marshalls, (CVS/pharmacy)
Quesada Commons	Punta Gorda, FL		25.0	%	(1)(3)	14,722	58,890	13.28	97.7	%	Publix	(Walgreens)
Shoppes of Port Charlotte	Punta Gorda, FL		25.0	%	(1)(3)	10,253	41,011	21.32	90.2	%	(Publix)	Petco, (Walgreens)
Shoppes of Port Charlotte	Punta Gorda, FL		25.0	%	(1)(3)(4)	980	3,921	N/A	100.0	%	(Publix)	Chick-Fil-A, (Walgreens)
Countryside Centre	Tampa-St. Petersburg et al, FL		100.0	%		248,431	248,431	13.93	95.5	%		T.J. Maxx, Home Goods, Dick's Sporting Goods, Ross Dress for Less
East Lake Woodlands	Tampa-St. Petersburg et al, FL		20.0	%	(1)(3)	28,109	140,543	14.24	85.9	%		Walgreens
Largo Mall	Tampa-St. Petersburg et al, FL		100.0	%		377,503	575,134	15.57	93.8	%	(Albertsons)	Beall’s, Marshalls, PetSmart, Bed Bath & Beyond, Staples, Michaels, (Target)
Palms of Carrollwood	Tampa-St. Petersburg et al, FL		100.0	%		167,887	167,887	13.13	81.9	%	The Fresh Market	Bed Bath & Beyond
Sunset 19	Tampa-St. Petersburg et al, FL		100.0	%		275,910	275,910	12.05	99.6	%		Bed Bath & Beyond, Staples, Comp USA, Barnes & Noble, Sports Authority, Old Navy
Whole Foods @ Carrollwood	Tampa-St. Petersburg et al, FL		100.0	%	(4)	36,900	36,900	N/A	100.0	%	Whole Foods Market
Florida Total:	# of Properties:	44				4,613,753	8,832,045	14.97	95.2	%
Georgia
Brookwood Marketplace	Atlanta-Sandy Springs et al, GA		100.0	%		199,594	397,295	17.34	92.1	%	(Super Target)	Home Depot, Bed Bath & Beyond, Office Max
Brookwood Square	Atlanta-Sandy Springs et al, GA		100.0	%		238,701	238,701	8.98	42.4	%		Marshalls
Brownsville Commons	Atlanta-Sandy Springs et al, GA		100.0	%		27,747	81,886	17.05	78.7	%	(Kroger)
Camp Creek Marketplace II	Atlanta-Sandy Springs et al, GA		100.0	%		196,283	228,003	14.31	100.0	%		DSW, LA Fitness, Shopper's World, American Signature
Cherokee Plaza	Atlanta-Sandy Springs et al, GA		30.0	%	(1)	30,859	102,864	20.48	100.0	%	Kroger
Dacula Marketplace	Atlanta-Sandy Springs et al, GA		100.0	%		24,140	116,943	21.93	76.1	%	(Kroger)
Dallas Commons	Atlanta-Sandy Springs et al, GA		100.0	%		25,158	95,262	22.66	100.0	%	(Kroger)
Grayson Commons	Atlanta-Sandy Springs et al, GA		100.0	%		76,611	76,611	14.08	91.0	%	Kroger
Lakeside Marketplace	Atlanta-Sandy Springs et al, GA		100.0	%		136,848	332,044	15.89	98.3	%	(Super Target)	Ross Dress for Less, Petco
Mansell Crossing	Atlanta-Sandy Springs et al, GA		20.0	%	(1)(3)	20,586	102,931	12.46	100.0	%		buybuy BABY, Ross Dress for Less, Rooms to Go
Perimeter Village	Atlanta-Sandy Springs et al, GA		100.0	%		374,060	374,060	18.46	96.4	%	Wal-Mart Supercenter	Cost Plus World Market, DSW, Hobby Lobby
Publix at Princeton Lakes	Atlanta-Sandy Springs et al, GA		20.0	%	(1)(3)	13,681	72,207	16.39	100.0	%	Publix
Reynolds Crossing	Atlanta-Sandy Springs et al, GA		100.0	%		45,758	115,983	24.57	84.8	%	(Kroger)
Roswell Corners	Atlanta-Sandy Springs et al, GA		100.0	%		136,124	314,014	16.17	95.2	%	(Super Target)	Staples, T.J. Maxx
Roswell Crossing	Atlanta-Sandy Springs et al, GA		100.0	%		201,979	201,979	13.95	93.0	%	Trader Joe's	Office Max, PetsMart, Walgreens
Sandy Plains Exchange	Atlanta-Sandy Springs et al, GA		30.0	%	(1)	21,835	72,784	13.52	94.8	%	Publix
Thompson Bridge Commons	Gainesville, GA		30.0	%	(1)	28,676	95,587	13.49	94.9	%	Kroger
Georgia Total:	# of Properties:	17				1,798,640	3,019,154	15.65	87.9	%
Kentucky
Millpond Center	Lexington-Fayette, KY		100.0	%		124,498	151,498	10.47	93.2	%	Kroger
Regency Shopping Centre	Lexington-Fayette, KY		100.0	%		142,738	188,782	13.61	91.8	%	(Kroger)	T.J. Maxx, Michaels
Tates Creek	Lexington-Fayette, KY		100.0	%		198,372	203,532	14.34	98.2	%	Kroger	Rite Aid
Festival at Jefferson Court	Louisville, KY-IN		100.0	%		168,986	218,396	12.58	99.2	%	Kroger	(PetSmart), Staples, Factory Card Outlet
Kentucky Total:	# of Properties:	4				634,594	762,208	12.94	96.0	%

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Weingarten Realty Investors

Property Listing

As of June 30, 2013

Center	CBSA		Owned %		Foot Notes	Owned GLA	Total GLA	Average Base Rent  (ABR)	Occupancy %		Grocer Anchor	Other Anchors      ( ) indicates owned by others
Louisiana
Town & Country Plaza	Hammond, LA		100.0	%		224,827	224,827	8.71	94.0	%	Winn Dixie	Ross Dress for Less, Office Depot, CVS/pharmacy
Westwood Village	Lafayette, LA		100.0	%		138,034	138,034	9.93	99.2	%	Rouses Supermarket	Stage, CVS
14/Park Plaza	Lake Charles, LA		100.0	%		172,068	172,068	7.42	60.3	%		Conn’s, Anna's Linens, Family Dollar, Citi Trends
K-Mart Plaza	Lake Charles, LA		50.0	%	(1)(3)	107,974	232,390	9.33	100.0	%	Albertsons	Kmart, Dollar Tree
Southgate	Lake Charles, LA		100.0	%		158,587	158,587	10.39	85.7	%	Market Basket	Office Depot, Books-A-Million
Danville Plaza	Monroe, LA		100.0	%		141,218	141,218	5.36	93.0	%	County Market	Citi Trends, Surplus Warehouse
Manhattan Place	New Orleans-Metairie-Kenner, LA		100.0	%		137,315	276,615	14.60	90.8	%		(Target), Ross Dress for Less, Stage, K&G Fashion
University Place	Shreveport-Bossier City, LA		100.0	%		206,753	381,253	16.52	98.5	%	(Super Target)	Best Buy, T.J. Maxx, CVS/pharmacy, Bed Bath & Beyond
Louisiana Total:	# of Properties:	8				1,286,776	1,724,992	10.92	89.8	%
Maryland
Pike Center	Washington, DC-VA-MD-WV		100.0	%		81,336	81,336	53.74	97.3	%		T.G.I. Friday's, Ethan Allen, Pier 1
Maryland Total:	# of Properties:	1				81,336	81,336	53.74	97.3	%
Missouri
Ballwin Plaza	St. Louis, MO-IL		100.0	%		200,915	200,915	7.99	80.0	%	Schnucks	Michaels
Western Plaza	St. Louis, MO-IL		50.0	%	(1)(3)	28,367	56,734	7.57	100.0	%		Value Village
Missouri Total:	# of Properties:	2				229,282	257,649	7.94	82.4	%
Nevada
Best in the West	Las Vegas-Paradise, NV		100.0	%		428,067	428,067	17.17	94.2	%		Old Navy, Best Buy, Office Depot, Bed Bath & Beyond, Babies "R" Us, DSW Shoes, PetSmart, Jo-Ann Stores, Sports Authority, Ulta Beauty
Charleston Commons	Las Vegas-Paradise, NV		100.0	%		333,198	363,173	15.39	93.4	%	Wal-Mart	Ross, Office Max, 99 Cents Only, PetSmart
College Park S.C.	Las Vegas-Paradise, NV		100.0	%		167,654	195,367	11.56	94.4	%	El Super	Anna's Linens, Factory 2 U, CVS
Eastern Horizon	Las Vegas-Paradise, NV		100.0	%		65,848	209,727	21.05	90.9	%	Trader Joe's, (Kmart)
Francisco Centre	Las Vegas-Paradise, NV		100.0	%		116,973	148,815	11.43	84.4	%	La Bonita Grocery	(Ross Dress for Less), Fallas Paredes
Paradise Marketplace	Las Vegas-Paradise, NV		100.0	%		77,597	148,092	16.72	87.4	%	(Smith’s Food)	Dollar Tree
Rainbow Plaza	Las Vegas-Paradise, NV		100.0	%		273,916	273,916	14.24	96.3	%	Albertsons	Ross Dress for Less, JC Penney, Home Depot, 24 Hour Fitness
Rainbow Plaza, Phase I	Las Vegas-Paradise, NV		100.0	%		136,369	136,369	13.25	96.0	%	Albertsons	Ross Dress for Less, JC Penney, Home Depot, 24 Hour Fitness
Rancho Towne & Country	Las Vegas-Paradise, NV		100.0	%		84,743	139,839	12.09	100.0	%	Smith’s Food
Tropicana Beltway	Las Vegas-Paradise, NV		100.0	%		246,483	617,821	17.45	94.9	%	(Wal-Mart Supercenter)	(Lowe’s), Ross Dress for Less, PetSmart, Office Depot, Sports Authority, .99 Cents Only
Tropicana Marketplace	Las Vegas-Paradise, NV		100.0	%		69,475	142,643	18.69	77.4	%	(Smith’s Food)	Family Dollar
Westland Fair North	Las Vegas-Paradise, NV		100.0	%		214,127	602,904	16.95	97.2	%	(Wal-Mart Supercenter)	(Lowe’s), PetSmart, Office Depot, Michaels, Anna's Linens
Nevada Total:	# of Properties:	11				2,214,450	3,406,733	15.54	93.4	%
New Mexico
Eastdale	Albuquerque, NM		100.0	%		119,091	119,091	7.29	92.8	%	Albertsons	Family Dollar
North Towne Plaza	Albuquerque, NM		100.0	%		112,666	142,106	19.63	99.0	%	Whole Foods Market	Home Goods
Wyoming Mall	Albuquerque, NM		100.0	%		51,713	270,899	16.74	100.0	%	(Wal-Mart Supercenter)	Dollar Tree
New Mexico Total:	# of Properties:	3				283,470	532,096	14.12	96.6	%

Page 34

Weingarten Realty Investors

Property Listing

As of June 30, 2013

Center	CBSA		Owned %		Foot Notes	Owned GLA	Total GLA	Average Base Rent  (ABR)	Occupancy %		Grocer Anchor	Other Anchors      ( ) indicates owned by others
North Carolina
Galleria	Charlotte-Gastonia et al, NC-SC		100.0	%		120,674	328,276	16.95	90.7	%	(Wal-Mart Supercenter)	Off Broadway Shoes
Steele Creek Crossing	Charlotte-Gastonia et al, NC-SC		100.0	%		77,301	77,301	16.83	98.0	%	BI-LO	Rite Aid
Whitehall Commons	Charlotte-Gastonia et al, NC-SC		100.0	%		41,941	444,561	23.71	95.0	%	(Wal-Mart Supercenter), (BI-LO)	(Lowes)
Bull City Market	Durham, NC		100.0	%		40,875	40,875	18.32	100.0	%	Whole Foods Market
Chatham Crossing	Durham, NC		25.0	%	(1)(3)	24,039	96,155	13.34	97.7	%	Lowes Food	CVS/pharmacy
Cole Park Plaza	Durham, NC		100.0	%		82,258	82,258	10.39	47.8	%		Dollar General
Hope Valley Commons	Durham, NC		100.0	%		81,371	81,371	22.30	100.0	%	Harris Teeter
Ravenstone Commons	Durham, NC		100.0	%		60,424	60,424	14.86	100.0	%	Food Lion
Avent Ferry	Raleigh-Cary, NC		100.0	%		111,622	111,622	17.17	97.6	%	Food Lion	Family Dollar
Capital Square	Raleigh-Cary, NC		100.0	%		143,063	143,063	7.22	100.0	%	Food Lion
Falls Pointe	Raleigh-Cary, NC		100.0	%		112,203	198,553	17.10	91.9	%	Harris Teeter	(Kohl’s)
Harrison Pointe	Raleigh-Cary, NC		100.0	%		130,758	130,758	16.30	91.7	%	Harris Teeter	Staples
Heritage Station	Raleigh-Cary, NC		30.0	%	(1)	20,592	77,669	19.48	98.3	%	Harris Teeter
High House Crossing	Raleigh-Cary, NC		100.0	%		90,155	90,155	14.33	98.2	%	Harris Teeter
Leesville Town Centre	Raleigh-Cary, NC		100.0	%		114,396	114,396	21.25	97.1	%	Harris Teeter	Rite Aid
Northwoods Market	Raleigh-Cary, NC		100.0	%		77,802	77,802	11.55	94.5	%	Wal-Mart Neighborhood Market
Parkway Pointe	Raleigh-Cary, NC		100.0	%		80,061	80,061	10.86	97.0	%	Food Lion	Rite Aid
Six Forks Station	Raleigh-Cary, NC		100.0	%		466,585	466,585	10.88	94.5	%	Food Lion	Kmart, Home Depot, Bed Bath & Beyond
Stonehenge Market	Raleigh-Cary, NC		100.0	%		188,521	188,521	12.40	98.4	%	Harris Teeter	SteinMart, Rite Aid
Surf City Crossing	Wilmington, NC		100.0	%		63,016	63,016	10.96	93.1	%	Harris Teeter
Waterford Village	Wilmington, NC		100.0	%		89,715	89,715	21.16	93.5	%	Harris Teeter
North Carolina Total:	# of Properties:	21				2,217,372	3,043,137	14.31	94.1	%
Oklahoma
Town and Country	Oklahoma City, OK		100.0	%		128,231	128,231	6.54	91.3	%		Office Depot, Big Lots, Westlake Hardware, Aaron Rents
Oklahoma Total:	# of Properties:	1				128,231	128,231	6.54	91.3	%
Oregon
Clackamas Square	Portland-Vancouver et al, OR-WA		20.0	%	(1)(3)	14,790	136,551	17.46	97.6	%	(Winco Foods)	T.J. Maxx
Oak Grove Market Center	Portland-Vancouver et al, OR-WA		100.0	%		97,177	97,177	13.17	94.0	%	Safeway
Raleigh Hills Plaza	Portland-Vancouver et al, OR-WA		20.0	%	(1)(3)	7,904	39,520	24.40	100.0	%	New Seasons Market	Walgreens
Oregon Total:	# of Properties:	3				119,871	273,248	14.46	94.8	%
South Carolina
Fresh Market Shoppes	Hilton Head Island-Beaufort, SC		25.0	%	(1)(3)	21,530	86,120	15.04	91.3	%	The Fresh Market
South Carolina Total:	# of Properties:	1				21,530	86,120	15.04	91.3	%

Page 35

Weingarten Realty Investors

Property Listing

As of June 30, 2013

Center	CBSA		Owned %		Foot Notes	Owned GLA	Total GLA	Average Base Rent  (ABR)	Occupancy %		Grocer Anchor	Other Anchors      ( ) indicates owned by others
Tennessee
Bartlett Towne Center	Memphis, TN-MS-AR		100.0	%		192,624	192,624	11.06	96.2	%	Kroger	Petco, Dollar Tree, Shoe Carnival
Commons at Dexter Lake	Memphis, TN-MS-AR		30.0	%	(1)	50,087	178,558	8.82	89.0	%	Kroger	SteinMart, Marshalls, HomeGoods
Commons at Dexter Lake Phase II	Memphis, TN-MS-AR		30.0	%	(1)	18,551	66,838	13.18	80.6	%	Kroger	SteinMart, Marshalls, HomeGoods
Highland Square	Memphis, TN-MS-AR		100.0	%	(4)	14,490	14,490	N/A	100.0	%		Walgreens
Mendenhall Commons	Memphis, TN-MS-AR		30.0	%	(1)	26,432	88,108	11.40	97.4	%	Kroger
Ridgeway Trace	Memphis, TN-MS-AR		100.0	%		169,987	307,727	20.76	97.1	%		(Target), Best Buy, Sports Authority, PetSmart, Staples
Tennessee Total:	# of Properties:	5				472,171	848,345	14.51	95.3	%
Texas
Bell Plaza	Amarillo, TX		15.0	%	(1)	19,595	130,631	10.89	96.0	%	United Supermarket	Dollar Tree
Crossroads	Beaumont-Port Arthur, TX		100.0	%		115,798	115,798	4.86	99.1	%	Market Basket	Beall’s, Baskin’s, Burke’s Outlet
North Park Plaza	Beaumont-Port Arthur, TX		50.0	%	(1)(3)	70,036	281,401	13.90	100.0	%		(Target), (Toys “R” Us)
Phelan West	Beaumont-Port Arthur, TX		66.7	%	(1)(3)	15,552	82,221	12.87	100.0	%	(Kroger)
North Towne Plaza	Brownsville-Harlingen, TX		100.0	%		36,000	153,000	17.78	32.2	%		(Lowe's)
Moore Plaza	Corpus Christi, TX		100.0	%		371,650	599,622	14.07	99.2	%	(H-E-B)	Office Depot, Marshalls, (Target), Old Navy, Hobby Lobby, Steinmart
Boswell Towne Center	Dallas-Fort Worth-Arlington, TX		100.0	%		26,088	88,008	21.64	95.3	%	(Albertsons)
Gateway Station	Dallas-Fort Worth-Arlington, TX		70.0	%	(1)	47,950	68,500	11.79	61.9	%		Conn's
Horne Street Market	Dallas-Fort Worth-Arlington, TX		100.0	%	(4)	42,267	42,267	N/A	100.0	%		24 Hour Fitness
Lake Pointe Market Center	Dallas-Fort Worth-Arlington, TX		100.0	%		40,513	121,689	21.56	64.1	%	(Tom Thumb)	(Walgreens)
Overton Park Plaza	Dallas-Fort Worth-Arlington, TX		100.0	%		355,259	465,259	13.50	95.1	%	Sprouts Farmers Market	Sports Authority, PetsMart, T.J. Maxx, (Home Depot), Goody Goody Wines, Anna’s Linens, buybuy BABY
Preston Shepard Place	Dallas-Fort Worth-Arlington, TX		20.0	%	(1)(3)	72,667	363,337	16.46	98.1	%		Babies "R" Us, Stein Mart, Nordstrom, Marshalls, Office Depot, Petco
10/Federal	Houston-Baytown-Sugar Land, TX		15.0	%	(1)	19,871	132,472	8.20	99.2	%	Sellers Bros.	Palais Royal, Harbor Freight Tools
1919 North Loop West	Houston-Baytown-Sugar Land, TX		100.0	%		138,058	138,058	N/A	74.4	%		State of Texas
Alabama-Shepherd	Houston-Baytown-Sugar Land, TX		100.0	%		56,969	56,969	22.68	100.0	%	Trader Joe's	PetSmart
Bellaire Boulevard	Houston-Baytown-Sugar Land, TX		30.0	%	(1)	10,524	41,273	26.74	100.0	%	Randall’s
Blalock Market at I-10	Houston-Baytown-Sugar Land, TX		100.0	%		97,277	97,277	15.23	100.0	%	99 Ranch Market
Braeswood Square	Houston-Baytown-Sugar Land, TX		100.0	%		104,686	104,686	12.59	99.4	%	Belden’s	Walgreens
Broadway	Houston-Baytown-Sugar Land, TX		15.0	%	(1)	11,191	74,604	6.98	92.1	%		Big Lots, Family Dollar
Centre at Post Oak	Houston-Baytown-Sugar Land, TX		100.0	%		183,940	183,940	30.37	97.6	%		Marshalls, Old Navy, Grand Lux Café, Nordstrom Rack, Arhaus
Champions Village	Houston-Baytown-Sugar Land, TX		30.0	%	(1)	117,916	393,055	13.14	93.5	%	Randall’s	SteinMart, Palais Royal, Cost Plus, Barnes & Noble
Citadel Plaza	Houston-Baytown-Sugar Land, TX		100.0	%		121,000	121,000	N/A	100.0	%		Weingarten Realty Investors Corporate Office
Cullen Plaza	Houston-Baytown-Sugar Land, TX		15.0	%	(1)	12,678	84,517	9.92	100.0	%	Fiesta	Family Dollar
Cypress Pointe	Houston-Baytown-Sugar Land, TX		100.0	%		186,721	283,381	9.59	97.3	%	Kroger	Babies “R” Us
Cypress Station	Houston-Baytown-Sugar Land, TX		100.0	%		140,624	140,624	13.91	78.3	%		David's Bridal
Fiesta Village	Houston-Baytown-Sugar Land, TX		15.0	%	(1)	4,537	30,249	8.81	100.0	%	Fiesta
Galveston Place	Houston-Baytown-Sugar Land, TX		100.0	%		210,537	210,537	10.53	98.0	%	Randall’s	Office Depot, Palais Royal, Spec's Liquor
Glenbrook Square	Houston-Baytown-Sugar Land, TX		15.0	%	(1)	11,684	77,890	8.73	89.6	%	Kroger
Griggs Road	Houston-Baytown-Sugar Land, TX		15.0	%	(1)	12,017	80,116	10.89	51.9	%		Family Dollar, Citi Trends

Page 36

Weingarten Realty Investors

Property Listing

As of June 30, 2013

Center	CBSA	Owned %		Foot Notes	Owned GLA	Total GLA	Average Base Rent  (ABR)	Occupancy %		Grocer Anchor	Other Anchors      ( ) indicates owned by others
Harrisburg Plaza	Houston-Baytown-Sugar Land, TX	15.0	%	(1)	14,016	93,438	16.87	91.3	%		Fallas Paredes
HEB - Dairy Ashford & Memorial	Houston-Baytown-Sugar Land, TX	100.0	%	(4)	36,874	36,874	N/A	100.0	%	H-E-B
Heights Plaza	Houston-Baytown-Sugar Land, TX	100.0	%		71,277	71,277	8.75	100.0	%	Kroger
Humblewood Shopping Plaza	Houston-Baytown-Sugar Land, TX	100.0	%		180,226	279,226	14.08	100.0	%	Kroger	Conn’s, Walgreens, (Michaels), (DSW)
I-45/Telephone Rd. Center	Houston-Baytown-Sugar Land, TX	15.0	%	(1)	25,768	171,789	10.67	100.0	%	Sellers Bros.	FAMSA, Dollar Tree, Fallas Paredes
Kirby Strip Center	Houston-Baytown-Sugar Land, TX	100.0	%		10,005	10,005	26.43	100.0	%		Freebirds Burrito
Lawndale	Houston-Baytown-Sugar Land, TX	15.0	%	(1)	7,819	52,127	10.31	100.0	%		LaMichoacana Meat Market, Family Dollar, 99 Cents Only
League City Plaza	Houston-Baytown-Sugar Land, TX	15.0	%	(1)	19,048	126,990	12.21	93.8	%	Kroger
Little York Plaza	Houston-Baytown-Sugar Land, TX	15.0	%	(1)	17,082	113,878	8.87	90.0	%	Sellers Bros.	Fallas Paredes
Lyons Avenue	Houston-Baytown-Sugar Land, TX	15.0	%	(1)	10,144	67,629	7.73	100.0	%	Fiesta	Fallas Paredes
Market at Town Center	Houston-Baytown-Sugar Land, TX	100.0	%		388,865	388,865	18.88	98.4	%		Old Navy, Home Goods, Marshalls, Ross Dress for Less
Market at Westchase	Houston-Baytown-Sugar Land, TX	100.0	%		84,081	84,081	17.60	93.1	%	Whole Foods Market
Market Street Shopping Center	Houston-Baytown-Sugar Land, TX	50.0	%	(1)	24,569	49,138	6.73	98.2	%	Sellers Bros.	Family Dollar
Montgomery Plaza	Houston-Baytown-Sugar Land, TX	100.0	%		300,772	322,987	9.20	96.6	%		Academy, Conn’s, 99 Cents Only, Petco, Anna's Linens, Spec's Liquor
North Triangle	Houston-Baytown-Sugar Land, TX	100.0	%		16,060	16,060	21.74	67.6	%		CiCi’s Pizza
Northbrook Center	Houston-Baytown-Sugar Land, TX	100.0	%		173,288	173,288	13.63	98.9	%	Randall’s	Office Depot, Citi Trends, Anna’s Linens, Dollar Tree
Northwest Crossing	Houston-Baytown-Sugar Land, TX	75.0	%	(1)(3)	134,602	300,190	14.33	100.0	%		(Target), Marshalls, Best Buy, Dollar Tree, Big Lots
Oak Forest	Houston-Baytown-Sugar Land, TX	100.0	%		151,324	151,324	12.76	98.0	%	Kroger	Ross Dress for Less, Dollar Tree
Palmer Plaza	Houston-Baytown-Sugar Land, TX	100.0	%		96,526	196,506	9.41	87.4	%		Dollar Tree
Randall's/Kings Crossing	Houston-Baytown-Sugar Land, TX	30.0	%	(1)	37,919	126,397	16.13	100.0	%	Randall’s	CVS/pharmacy
Richmond Square	Houston-Baytown-Sugar Land, TX	100.0	%		92,356	92,356	20.77	100.0	%		Best Buy, Cost Plus
River Oaks East	Houston-Baytown-Sugar Land, TX	100.0	%		71,265	71,265	29.07	100.0	%	Kroger
River Oaks West	Houston-Baytown-Sugar Land, TX	100.0	%		248,663	248,663	29.07	97.0	%	Kroger	Barnes & Noble, Talbots, Ann Taylor, Gap, JoS. A. Bank
Rose-Rich	Houston-Baytown-Sugar Land, TX	100.0	%		102,641	102,641	8.55	79.9	%		Family Dollar, Palais Royal
Shoppes at Memorial Villages	Houston-Baytown-Sugar Land, TX	100.0	%		182,541	182,541	7.61	81.2	%		Rexel
Shops at Three Corners	Houston-Baytown-Sugar Land, TX	70.0	%	(1)	173,060	272,350	12.63	96.8	%	Fiesta	Ross Dress for Less, PetSmart, Office Depot, Big Lots
Southgate	Houston-Baytown-Sugar Land, TX	15.0	%	(1)	18,789	125,260	9.57	95.5	%	Food-A-Rama	CVS/pharmacy, Family Dollar, Palais Royal
Spring Plaza	Houston-Baytown-Sugar Land, TX	15.0	%	(1)	8,258	55,056	8.76	100.0	%	Sellers Bros.	Family Dollar
Stella Link	Houston-Baytown-Sugar Land, TX	100.0	%		70,087	70,087	9.12	93.3	%	Sellers Bros.	Burke’s Outlet, Spec’s Liquor Warehouse
Village Arcade	Houston-Baytown-Sugar Land, TX	100.0	%		57,281	57,281	37.41	100.0	%		Gap, Baby Gap, Chicos
Village Arcade-Phase II	Houston-Baytown-Sugar Land, TX	100.0	%		28,371	28,371	37.41	100.0	%		Talbots
Village Arcade-Phase III	Houston-Baytown-Sugar Land, TX	100.0	%		107,134	107,134	37.41	95.8	%		Banana Republic, Express, Ann Taylor
Village Plaza at Bunker Hill	Houston-Baytown-Sugar Land, TX	57.8	%	(1)(3)	283,399	495,204	12.95	98.4	%	H-E-B	PetSmart, Babies "R" Us, Academy, Tiger Direct
Westchase Center	Houston-Baytown-Sugar Land, TX	100.0	%		232,074	331,624	12.48	100.0	%	Randall's	(Target), Ross Dress for Less, Golfsmith, Palais Royal, Petco
Westhill Village	Houston-Baytown-Sugar Land, TX	100.0	%		130,041	130,041	15.41	98.7	%		Ross Dress for Less, Office Depot, 99 Cents Only, Anna’s Linens
Killeen Marketplace	Killeen-Temple-Fort Hood, TX	100.0	%		115,203	251,137	12.17	97.0	%		Best Buy, Ross Dress for Less, Staples, (Home Depot)
Independence Plaza	Laredo, TX	100.0	%		329,232	329,232	12.45	96.7	%	H-E-B	TJ Maxx, Hobby Lobby, Petco and Ulta Beauty
North Creek Plaza	Laredo, TX	100.0	%		239,897	481,764	13.98	96.5	%	(H-E-B)	(Target), Marshalls, Old Navy, Best Buy, Bed Bath & Beyond

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Weingarten Realty Investors

Property Listing

As of June 30, 2013

Center	CBSA		Owned %		Foot Notes	Owned GLA	Total GLA	Average Base Rent  (ABR)	Occupancy %		Grocer Anchor	Other Anchors      ( ) indicates owned by others
Plantation Centre	Laredo, TX		100.0	%		135,373	143,015	14.82	100.0	%	H-E-B
Angelina Village	Lufkin, TX		100.0	%		248,199	248,199	9.13	91.6	%		Kmart, Conn's
Las Tiendas Plaza	McAllen-Edinburg-Pharr, TX		50.0	%	(1)(3)	143,968	500,067	10.55	96.8	%		(Target), (Mervyn’s), Academy, Conn’s, Ross Dress for Less, Marshalls, Office Depot
Market at Nolana	McAllen-Edinburg-Pharr, TX		50.0	%	(1)(3)	20,315	243,821	21.92	81.3	%	(Wal-Mart Supercenter)
Market at Sharyland Place	McAllen-Edinburg-Pharr, TX		50.0	%	(1)(3)	56,456	301,174	17.35	95.6	%		(Wal-Mart), Kohl's, Dollar Tree
Northcross	McAllen-Edinburg-Pharr, TX		50.0	%	(1)(3)	37,432	74,865	17.41	89.8	%		Barnes & Noble
Old Navy Building	McAllen-Edinburg-Pharr, TX		50.0	%	(1)(3)(4)	7,500	15,000	N/A	100.0	%		Old Navy
Sharyland Towne Crossing	McAllen-Edinburg-Pharr, TX		50.0	%	(1)(3)	176,520	484,949	14.92	100.0	%	H-E-B	(Target), T.J. Maxx, Petco, Office Depot, Ross Dress for Less
South 10th St. HEB	McAllen-Edinburg-Pharr, TX		50.0	%	(1)(3)	51,851	103,702	11.43	100.0	%	H-E-B
Starr Plaza	Rio Grande City, TX		50.0	%	(1)(3)	88,346	176,693	11.55	99.0	%	H-E-B	Beall’s, Dollar General
Fiesta Trails	San Antonio, TX		100.0	%		306,370	482,370	15.21	98.4	%	(H-E-B)	(Target), Act III Theatres, Marshalls, Office Max, SteinMart, Petco, Anna’s Linens
Oak Park Village	San Antonio, TX		30.0	%	(1)	19,286	64,287	9.54	100.0	%	H-E-B
Parliament Square	San Antonio, TX		100.0	%		64,950	64,950	10.44	85.2	%		Family Dollar
Parliament Square II	San Antonio, TX		100.0	%	(4)	54,541	54,541	N/A	100.0	%		Incredible Pizza
Thousand Oaks	San Antonio, TX		15.0	%	(1)	24,348	162,322	10.78	95.4	%	H-E-B	Beall’s, Tuesday Morning
Valley View	San Antonio, TX		100.0	%		91,544	91,544	11.34	95.7	%		Marshalls, Dollar Tree
Westwood Center	San Antonio, TX		100.0	%		68,753	77,758	17.89	81.7	%		(Wal-Mart)
Broadway	Tyler, TX		100.0	%		60,400	60,400	7.96	96.2	%		SteinMart
Texas Total:	# of Properties:	82				8,600,314	14,376,114	14.45	95.3	%
Utah
Alpine Valley Center	Provo-Orem, UT		33.3	%	(1)(3)	30,382	224,654	16.25	100.0	%	(Super Target)	Old Navy, Justice, Dollar Tree, Office Depot
300 West	Salt Lake City, UT		31.8	%	(1)(3)	14,009	182,119	25.92	100.0	%		(Target)
Taylorsville Town Center	Salt Lake City, UT		100.0	%		90,157	130,214	17.36	92.8	%	The Fresh Market	Rite Aid
West Jordan Town Center	Salt Lake City, UT		100.0	%		182,099	304,899	11.74	89.5	%		(Target), Petco, Office Depot
Utah Total:	# of Properties:	4				316,647	841,886	14.10	91.9	%
Washington
Meridian Town Center	Seattle-Tacoma-Bellevue, WA		20.0	%	(1)(3)	15,533	143,012	16.49	98.7	%	(Safeway)	Jo-Ann Fabric & Craft Store, Tuesday Morning
Mukilteo Speedway Center	Seattle-Tacoma-Bellevue, WA		20.0	%	(1)(3)	18,055	90,273					Dollar Tree
Promenade 23	Seattle-Tacoma-Bellevue, WA		100.0	%		96,660	96,660	15.08	92.5	%	Red Apple Grocers	Walgreens
Queen Anne Marketplace	Seattle-Tacoma-Bellevue, WA		51.0	%	(1)(3)	33,839	66,351	22.82	100.0	%	Metropolitan Market
Rainer Square Plaza	Seattle-Tacoma-Bellevue, WA		20.0	%	(1)(3)	22,101	110,503	19.09	100.0	%	Safeway	Ross Dress for Less
South Hill Center	Seattle-Tacoma-Bellevue, WA		20.0	%	(1)(3)	26,802	134,010	16.71	96.3	%		Bed Bath & Beyond, Ross Dress for Less, Best Buy
Washington Total:	# of Properties:	6				212,990	640,809	17.31	95.7	%
Total Operating Properties	# of Properties:	279				30,719,408	51,244,157

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Weingarten Realty Investors

Property Listing

As of June 30, 2013

Center	CBSA		Owned %		Foot Notes	Owned GLA	Total GLA	Average Base Rent  (ABR)	Occupancy %	Grocer Anchor	Other Anchors      ( ) indicates owned by others
New Development
Texas
Tomball Marketplace	Houston-Baytown-Sugar Land, TX		100.0	%	(2)	78,250	236,071
Texas Total:	# of Properties:	1				78,250	236,071
Virginia
Hilltop Village	Washington, DC-VA-MD-WV		100.0	%	(1)(2)	0	0
Virginia Total:	# of Properties:	1				0	0
Total New Developments	# of Properties:	2				78,250	236,071
Unimproved Land
Arizona
Bullhead Parkway at State Route 95, Bullhead City							312,761
Lon Adams Rd at Tangerine Farms Rd, Marana							422,532
Southern Avenue and Signal Butte Road, Mesa							63,162
Arizona Total:							798,455
California
Bear Valley Road at Jess Ranch Parkway Phase II, Apple Valley							138,956
Bear Valley Road at Jess Ranch Parkway Phase III, Apple Valley							473,497
California Total:							612,453
Colorado
Highway 85 and Highway 285, Sheridan							792,792
Colorado Total:							792,792
Florida
Young Pines and Curry Ford Rd, Orange County							132,422
State Road 100 & Belle Terre Parkway, Palm Coast							292,288
SR 207 at Rolling Hills Dr, St. Augustine							228,254
Florida Total:							652,964
Georgia
NWC South Fulton Pkwy. @ Hwy. 92, Union City							3,554,496
Georgia Total:							3,554,496
Louisiana
Ambassador Caffery at W. Congress, Lafayette							34,848
Louisiana Total:							34,848
Nevada
SWC Highway 215 at Decatur, Las Vegas							639,896
Nevada Total:							639,896
North Carolina
U.S. Hwy. 17 & U.S. Hwy. 74/76, Leland							549,727
Creedmoor (Highway 50) and Crabtree Valley Avenue, Raleigh							510,959
Highway 17 and Highway 210, Surf City							2,024,233

Page 39

Weingarten Realty Investors

Property Listing

As of June 30, 2013

Center	CBSA	Owned %	Foot Notes	Owned GLA	Total GLA	Average Base Rent  (ABR)	Occupancy %	Grocer Anchor	Other Anchors      ( ) indicates owned by others
U.S. Highway 1 at Caveness Farms Rd., Wake Forest					1,637,420
North Carolina Total:					4,722,339
Tennessee
Poplar Avenue and Ridgeway Road, Memphis					53,579
Tennessee Total:					53,579
Texas
U.S. 77 and 83 at SHFM 802, Brownsville					914,723
Rock Prairie Rd. at Hwy. 6, College Station					394,218
River Pointe Drive at Interstate 45, Conroe					72,745
Leslie Rd. at Bandera Rd., Helotes					74,052
Bissonnet at Wilcrest, Houston					40,946
Citadel Plaza at 610 North Loop, Houston					137,214
East Orem, Houston					121,968
Kirkwood at Dashwood Drive, Houston					321,908
Mesa Road at Tidwell, Houston					105,501
Northwest Freeway at Gessner, Houston					117,612
West Little York at Interstate 45, Houston					161,172
Nolana Ave. and 29th St., McAllen					163,350
Shary Rd. at North Hwy. 83, Mission					1,560,319
9th Ave. at 25th St., Port Arthur					243,065
Gattis School Rd at A.W. Grimes Blvd, Round Rock					57,499
FM 1957 (Potranco Road) and FM 211, San Antonio					8,655,372
SH 151 and Ingram Rd, San Antonio					252,692
US Hwy. 281 at Wilderness Oaks, San Antonio					1,269,774
Highway 3 at Highway 1765, Texas City					200,812
FM 2920 and Highway 249, Tomball					459,776
Texas Total:					15,324,718
Utah
South 300 West & West Paxton Avenue, Salt Lake City					201,683
Utah Total:					201,683
Total Unimproved Land					27,388,223

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