Weingarten Realty Announces Ross Dress for Less as Co-Anchor for Clermont Landing Project

Business Wire,  June 18, 2008  

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CLERMONT, Fla. -- Weingarten Realty (NYSE:WRI) announced today Ross Dress for Less will join as a co-anchor for its Clermont Landing project located in Clermont, Florida.

Clermont Landing will be located at the intersection of US Highway 27 and Steve's Road, just south of SR 50. The project will include 366,000 square feet of retail space with a mix of lifestyle tenants and national retailers. The center will also include JCPenney, Epic Theatres, T.J. Maxx, Michaels, and Famous Footwear. Clermont Landing will begin opening in March 2009 with the development being handled from Weingarten's Orlando regional office.

According to Steve Weingarten, Senior Vice President of Leasing and Director of Anchor Tenants, "We are extremely pleased to announce the addition of Ross Dress for Less to Clermont Landing. Ross is a fantastic addition for this development. This is one of the best retail sites in the Clermont area and we expect this will be a large regional draw. This center will provide a great opportunity for our retailers to operate their stores in a fast growing area. With a great mix of both national and local retail tenants and restaurants, the center will create an energetic and vibrant setting for Florida shoppers and provide an exciting new shopping environment for the region."

Alex Munoz with The Shopping Center Group represented Ross Dress for Less in lease negotiations.

About Weingarten Realty Investors:

As one of the largest real estate investment trusts listed on the New York Stock Exchange, Weingarten Realty Investors (NYSE: WRI) is celebrating its 60th anniversary as a commercial real estate owner, manager and developer, incorporated in 1948. Focused on delivering solid returns to shareholders, Weingarten is actively developing, acquiring, and intensively managing properties in 23 states that span the United States from coast-to-coast. The Company's portfolio of 415 properties includes 335 neighborhood and community shopping centers and 80 industrial properties. Including tenant-owned square footage, the Company's portfolio currently totals more than 72 million square feet under management. Weingarten has one of the most diversified tenant bases of any major REIT in its sector, with the largest of its 5,700 tenants comprising less than 3% of its rental revenues. To learn more about the Company's operations and growth strategies, please visit http://www.weingarten.com.

Additional information on Ross Stores is available at www.rossstores.com.

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