Weingarten Realty Announces Promotions
March 08 2021 - 9:00AM
Business Wire
Weingarten Realty Investors (NYSE:WRI) announced today the
promotions of Darren Amato to Senior Vice President, Investments,
Andrew Bell to Area Vice President, Leasing and Cindy Krist to
Divisional Vice President, Tax.
Darren Amato, Senior Vice President, Investments
Darren joined Weingarten in 2003 as a Sr. Analyst in our
Acquisitions Department. Throughout Darren’s tenure with
Weingarten, he has been promoted to Manager, Director, and most
recently to Vice President of Acquisitions. Darren’s promotion to
Senior Vice President, Investments, confirms the progression of his
role as he continues to lead all investment activity for
Weingarten. Darren leads acquisitions, dispositions, and asset
management for our institutional partners. Over the last three
years Darren has directed the Company’s completion of almost $2
billion in transactions. Most recently, Darren was successful in
negotiating and acquiring The Shops at Hilshire Village and our
partner’s interest in the Village Plaza at Bunker Hill.
Andrew Bell, Area Vice President, Leasing
Andrew Bell has been promoted to Area Vice President, Leasing.
Andrew joined Weingarten in 2012 as a Leasing Executive in southern
Florida, and in 2013 became a Director of Regional Acquisitions
working on growth opportunities Andrew continued to lease space in
the Southeast Region before moving to the Houston Office in 2018 to
become a Regional Leasing Director. As Regional Leasing Director,
Andrew continued to work larger transactions with tenants such as
Ross and Burlington as well as use his growth background on
opportunities at Rock Prairie Marketplace, The Shops at Hilshire
Village and Baybrook Gateway.
Cindy Krist, Divisional Vice President, Tax
Cindy joined Weingarten in 2005 as Tax Manager and was quickly
promoted to Tax Director. She is a highly valued and recognized
strategic business partner. In addition to providing tax compliance
and filing for numerous entities, she has provided key tax strategy
and planning, delivered sound acquisition/disposition transaction
support, and implemented many projects such as cost segregation
studies and repair and maintenance evaluations to minimize our tax
liability. Cindy is a CPA and received her BBA in Accounting from
Texas A&M University.
"These associates are an integral part of the Company’s overall
success; their promotions reflect our acknowledgment of their
ability and the contributions they make to Weingarten," stated Drew
Alexander, Chairman, President and Chief Executive Officer.
About Weingarten Realty Investors
Weingarten Realty Investors (NYSE: WRI) is a shopping center
owner, manager and developer. At December 31, 2020, 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 159 properties which are located in 15 states spanning
the country from coast to coast. These properties represent
approximately 30.2 million square feet of which our interests in
these properties aggregated approximately 20.7 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. These risks and uncertainties include
those related to the COVID-19 pandemic, about which there are still
many unknowns, including the duration of the pandemic and the
extent of its impact, as well as those discussed in the Company’s
regulatory filings with the Securities and Exchange Commission,
which include other information or factors that may impact the
Company’s performance.
Projections involve numerous assumptions such as rental income
(including assumptions on percentage rent), interest rates, tenant
defaults, occupancy rates, volume and pricing of properties held
for disposition, volume and pricing of acquisitions, expenses
(including salaries and employee costs), insurance costs and
numerous other factors. Not all of these factors are determinable
at this time and actual results may vary from the projected
results, and may be above or below the ranges indicated. The above
ranges represents management’s estimate of results based upon these
assumptions as of the date of this press release. Accordingly,
there is no assurance that our projections will be realized.
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version on businesswire.com: https://www.businesswire.com/news/home/20210308005034/en/
Michelle Wiggs, Vice President of Investor Relations, Phone:
(713) 866-6050
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