Weingarten Realty Investors, a Houston-based real estate investment trust, has priced $75 million of depositary shares, each representing one-thirtieth of a series D cumulative redeemable preferred share.The depositary shares will be redeemable at par, at Weingarten's election, on or after April 30, 2008, and will have a liquidation value of $25 per share, the company said. They will pay a 6.75% annual dividend. The book-running manager for the offering was Wachovia Securities. The REIT can be found online at http://www.weingarten.com.
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