SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
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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): April 2, 2001
WEINGARTEN REALTY INVESTORS
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(Exact name of registrant as specified in its charter)
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1-9876
(Commission File Number)
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Texas 74-1464203
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(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
2600 Citadel Plaza Drive, Suite 300, Houston, Texas 77008
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (713) 866-6000
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ITEM 2.
(A) ACQUISITION OR DISPOSITION OF ASSETS
ON APRIL 2, 2001,WEINGARTEN REALTY COMPLETED THE ACQUISITION OF NINETEEN
SUPERMARKET-ANCHORED SHOPPING CENTERS FROM BURNHAM PACIFIC PROPERTIES, INC. THE
PURCHASE PRICE, , WAS $277.5 MILLION WHICH CONSISTED OF $145.5 MILLION CASH AND
THE ASSUMPTION BY WRI OF A LOAN WITH A BALANCE OF APPROXIMATELY $132 MILLION.
WRI FUNDED THE CASH PORTION OF THE PURCHASE PRICE BY BORROWING UNDER ITS $350
MILLION REVOLVING CREDIT FACILITY.
THE NINETEEN PROPERTIES, WHICH ARE OVER 96% LEASED, ARE ALL LOCATED IN
CALIFORNIA AND AGGREGATE APPROXIMATELY 2.5 MILLION SQUARE FEET. SPECIFICALLY,
THE MAJORITY OF THE CENTERS (11) ARE LOCATED IN THE SAN FRANCISCO BAY/SACRAMENTO
AREA WHILE SIX ARE IN AND AROUND LOS ANGELES.
(B) Exhibits
Exhibit Number Description
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1.1 Agreement for Purchase and Sale
SIGNATURES
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 thereunto duly authorized.
WEINGARTEN REALTY INVESTORS
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(Registrant)
BY: /s/ Joe D. Shafer
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Joe D. Shafer
Vice President/Controller
(Principal Accounting Officer)
DATE: April 16, 2001