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Weingarten Realty closes on $240M of sales in Q4'18

Weingarten Realty Investors completed $240 million of sales during the fourth quarter of 2018.

The company noted that there is an additional $175 million of dispositions under contract expected to close in early 2019.

The properties sold during the quarter include Tropicana Beltway and Decatur 215 in Las Vegas, Oracle Crossings and The Shoppes at Parkwood Ranch in Arizona, Cherry Creek in Colorado, Seminole Towne Center in Florida, and 1919 North Loop West in Houston. The shopping center real estate investment trust also sold two land parcels.

Overall, Weingarten Realty completed $634 million of dispositions during the year ended Dec. 31, 2018, according to a release.