Weingarten Realty Investors is focusing on acquisitions and developing new projects to continue its growth. In an interview, President and CEO Andrew Alexander said his company, which owns 286 neighborhood and community shopping centers in 21 states, thinks there are not many new development opportunities in its core business. "The tenants are finding just enough space that they can avoid paying the premiums that would be necessary to make new development pencil out in a lot of cases. The supply and demand will change over the next several years, and we’ll see more new development," he said.
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