Weingarten Realty Investors (NYSE:WRI) announced today the release of its new social media program called Virtual Partner Network (“VPN”).

The Virtual Partner Network is a cost-effective marketing method by which business opportunities are created through networks of like-minded business people. The VPN program will be used by Weingarten to push real-time information to brokers, retailers, analysts, investors and consumers via Twitter, Facebook and LinkedIn.

Weingarten’s Virtual Partner Network will build a network linking people-to-people, coast-to-coast. The VPN program will include:

  • Vacancy listings in real-time
  • Company news and information
  • Company networking events
  • Real-time leasing news
  • Information on green initiatives
  • Retailer news and events
  • Community involvement

“It is important in today’s economy to make your marketing dollars stretch as far as possible while reaching the broadest audience possible. Social media is the wave of the future and we are proud to be a pioneer in the retail real estate sector,” stated Drew Alexander, President and Chief Executive Officer.

About Weingarten Realty Investors

Weingarten Realty Investors (NYSE: WRI) is a commercial real estate owner, manager and developer. At December 31, 2009, 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 376 developed income-producing properties and 13 properties under various stages of construction and development. The total number of properties includes 307 neighborhood and community shopping centers located in 22 states spanning the country from coast to coast. The company also owns 76 industrial projects located in California, Florida, Georgia, Tennessee, Texas and Virginia and three other operating properties located in Arizona and Texas. At December 31, 2009, the company’s portfolio of properties was approximately 70.0 million square feet. To learn more about the Company’s operations and growth strategies, please visit www.weingarten.com.

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