SECURITIES AND EXCHANGE COMMISSION
                            Washington, D. C.  20549

                    _________________________________________

                                    FORM 8-K




                                 CURRENT REPORT
                     PURSUANT TO SECTION 13 OR 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934





      Date of report (Date of earliest event reported):   December 31, 2000





                           WEINGARTEN REALTY INVESTORS
                           ---------------------------
             (Exact name of registrant as specified in its charter)
             ------------------------------------------------------



                                     1-9876
                            (Commission File Number)
                            ------------------------




                        Texas                               74-1464203
          ----------------------------------            ------------------
             (State or other jurisdiction of              (I.R.S. Employer
             incorporation or organization)              Identification No.)

2600 Citadel Plaza Drive, Suite 300, Houston, Texas            77008
---------------------------------------------------          ----------
     (Address of principal executive offices)                (Zip Code)




       Registrant's telephone number, including area code: (713) 866-6000
                                                           --------------


<PAGE>



ITEM  2.  ACQUISITION  OR  DISPOSITION  OF  ASSETS

     During  the  year  ended  December  31,  2000,  Weingarten Realty Investors
acquired  ten  retail  centers  and  five industrial projects.  Material factors
considered  in  each  of the acquisitions made by  WRI  include  historical  and
prospective financial performance of the center, credit quality of the  tenancy,
local  and regional demographics,  location  and  competition,  ad  valorem  tax
rates,  condition  of the  property and the related anticipated level of capital
expenditures required.  The  total investment in acquisitions  during  2000  was
$164.8 million.  Audited financial statements and unaudited pro forma  financial
information  on  these  properties  are  submitted  in ITEM 7. below.

ITEM  7.  FINANCIAL  STATEMENTS,  PRO  FORMA  FINANCIAL INFORMATION AND EXHIBITS

     The  following  financial  statements,  pro  forma financial statements and
exhibits  are  filed  as  part  of  this  report:

     (a)  Financial  statements  of  businesses  acquired:

          1.  Westland  Fair  Shopping  Center

              (i)    Independent  Auditors'  Report

              (ii)   Statement  of  Revenue and Certain Expenses for the
                     Year Ended December 31,  1999

              (iii)  Notes  to  Statement  of  Revenue  and  Certain  Expenses

          2.  Kohl's  Shopping  Center

              (i)    Independent  Auditors'  Report

              (ii)   Statement  of  Revenue and Certain Expenses for the Year
                     Ended December 31,1999

              (iii)  Notes  to  Statement  of  Revenue  and  Certain  Expenses

          3.  Regency  Park  Shopping  Center

              (i)    Independent  Auditors'  Report

              (ii)   Statement  of  Revenue and Certain Expenses for the Year
                     Ended June 30, 2000

              (iii)  Notes  to  Statement  of  Revenue  and  Certain  Expenses

     (b)  Pro Forma Condensed Financial Statement (unaudited) of Weingarten
          Realty Investors, the Acquired Properties and Other  Acquisitions*

          1.  Pro  Forma  Condensed  Statement  of  Consolidated Income
              for the Year Ended December  31,  2000

          2.  Notes  and  Significant  Assumptions

     (c)  Exhibits:

          Included  herewith  is  Exhibit  No.  23.1,  the Consent of the
          Independent Accountants
_______________
*     A Pro Forma Consolidated Balance Sheet as of December 31, 2000 is not
      presented  as  all acquisitions  covered  by  this  Current  Report
      on Form 8-K were completed prior to December 31, 2000 and, accordingly,
      are reflected in the Consolidated Balance Sheet included in WRI's
      Annual Report on Form 10-K for the year then ended.


                                     Page 2
<PAGE>



WESTLAND  FAIR  SHOPPING  CENTER


INDEPENDENT  AUDITORS'  REPORT

To  the  Board  of  Trust  Managers  and  Shareholders  of
      Weingarten  Realty  Investors:

We  have  audited  the accompanying statement of revenue and certain expenses of
Westland  Fair  Shopping  Center  (the "Center") for the year ended December 31,
1999.  This  statement  of revenue and certain expenses is the responsibility of
the  Center's  management.  Our  responsibility  is to express an opinion on the
statement  of  revenue  and  certain  expenses  based  on  our  audit.

We  conducted our audit in accordance with auditing standards generally accepted
in  the  United  States  of  America.  Those  standards require that we plan and
perform  the audit to obtain reasonable assurance about whether the statement of
revenue  and  certain  expenses  is  free  of  material  misstatement.  An audit
includes  examining  on  a  test  basis,  evidence  supporting  the  amounts and
disclosures  in  the statement.  An audit also includes assessing the accounting
principles  used  and  significant  estimates  made  by  management,  as well as
evaluating  the  overall statement of revenue and certain expenses presentation.
We  believe  that  our  audit  provides  a  reasonable  basis  for  our opinion.

The  accompanying statement of revenue and certain expenses was prepared for the
purpose  of  complying  with  the  rules  and  regulations of the Securities and
Exchange  Commission  for  inclusion in Form 8-K of Weingarten Realty Investors.
Certain  expenses  (described  in  Note 1) that would not be comparable to those
resulting  from  the proposed future operations of the property are excluded and
the  statement  is  not  intended  to be a complete presentation of the Center's
revenue  and  expenses.

In  our  opinion, the statement of revenue and certain expenses presents fairly,
in all material respects, the revenue and certain expenses, as defined above, of
Westland  Fair  Shopping  Center  for  the  year  ended  December  31,  1999, in
conformity with accounting principles generally accepted in the United States of
America.




Deloitte  &  Touche  LLP
Houston,  Texas
January  26,  2001


                                     Page 3
<PAGE>



<TABLE>
<CAPTION>

                             WESTLAND FAIR SHOPPING CENTER
                       STATEMENT OF REVENUE AND CERTAIN EXPENSES
                         FOR THE YEAR ENDED DECEMBER 31, 1999


<S>                                                                         <C>
REVENUE:
    Rental . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  $3,393,289
    Tenant reimbursements. . . . . . . . . . . . . . . . . . . . . . . . .     633,417
                                                                            ----------
              Total Revenue. . . . . . . . . . . . . . . . . . . . . . . .   4,026,706
                                                                            ----------

CERTAIN EXPENSES:
    Property operating and maintenance . . . . . . . . . . . . . . . . . .     547,668
    Real estate taxes and assessments. . . . . . . . . . . . . . . . . . .     350,766
                                                                            ----------
              Total Certain Expenses . . . . . . . . . . . . . . . . . . .     898,434
                                                                            ----------

EXCESS OF REVENUE OVER CERTAIN EXPENSES. . . . . . . . . . . . . . . . . .  $3,128,272
                                                                            ==========

See  accompanying  notes  to  statement  of  revenue and certain expenses.
</TABLE>


                                     Page 4
<PAGE>



                         WESTLAND FAIR SHOPPING CENTER
               NOTES TO STATEMENT OF REVENUE AND CERTAIN EXPENSES
                      FOR THE YEAR ENDED DECEMBER 31, 1999

1.     ORGANIZATION  AND  SUMMARY  OF  SIGNIFICANT  ACCOUNTING  POLICIES

ORGANIZATION  -  The  accompanying  statement  of  revenue  and certain expenses
includes  the  operations  of  Westland  Fair  Shopping Center (the "Center"), a
465,000 square foot  shopping  center  in  Las  Vegas,  Nevada.  The Center  was
acquired  by Weingarten  Realty  Investors  ("WRI")  on December  29,  2000  for
approximately $37 million.  WRI is a Texas real  estate investment  trust, which
is primarily involved in the  acquisition,  development,  and management of real
estate, consisting mostly of  neighborhood  and  community shopping centers and,
to a lesser  extent,  industrial  properties.

BASIS  OF  PRESENTATION - The accompanying statement was prepared to comply with
the  rules  and  regulations  of  the  Securities  and  Exchange  Commission for
inclusion  in  Form  8-K  of  WRI.

The  accompanying  statement  is not representative of the actual operations for
the  period  presented  as  certain  expenses  that may not be comparable to the
expenses  expected to be incurred by WRI in the future operations of the  Center
have been excluded.  Excluded expenses  consist of  interest,  depreciation  and
amortization,  property  expenses  and  general  and  administrative  costs  not
directly  comparable  to  the  future  operations  of  the  Center.

REVENUE  RECOGNITION - Rental revenue is generally recognized on a straight-line
basis  over  the  life of the lease for operating leases.  Tenant reimbursements
(payments  for  taxes,  maintenance  expenses  and insurance by the lessees) are
estimated and accrued  over the  fiscal year.  Revenue based on a percentage  of
tenants'  sales  is  recognized  only  after  the  tenant  exceeds  their  sales
breakpoint.

USE  OF  ESTIMATES  -  The  preparation  of  the  financial  statement  requires
management to make use of estimates and assumptions that affect amounts reported
in the financial statement as well as certain disclosures.  Actual results could
differ  from  those  estimates.

2.     RENTALS  UNDER  OPERATING  LEASES

Future  minimum  rental  income from non-cancelable operating leases at December
31,  1999  is:  $2,920,459  in  2000,  $2,409,648  in  2001, $2,017,285 in 2002,
$1,653,350  in  2003,  $1,383,249  in  2004  and  $4,829,806  thereafter.

                                     Page 5
<PAGE>


KOHL'S  SHOPPING  CENTER



INDEPENDENT  AUDITORS'  REPORT

To  the  Board  of  Trust  Managers  and  Shareholders  of
     Weingarten  Realty  Investors:

We  have  audited  the accompanying statement of revenue and certain expenses of
Kohl's  Shopping  Center  (the  "Center")  for the year ended December 31, 1999.
This  statement  of  revenue  and  certain expenses is the responsibility of the
Center's  management.  Our  responsibility  is  to  express  an  opinion  on the
statement  of  revenue  and  certain  expenses  based  on  our  audit.

We  conducted our audit in accordance with auditing standards generally accepted
in  the  United  States  of  America.  Those  standards require that we plan and
perform  the audit to obtain reasonable assurance about whether the statement of
revenue  and  certain  expenses  is  free  of  material  misstatement.  An audit
includes  examining  on  a  test  basis,  evidence  supporting  the  amounts and
disclosures  in  the statement.  An audit also includes assessing the accounting
principles  used  and  significant  estimates  made  by  management,  as well as
evaluating  the  overall statement of revenue and certain expenses presentation.
We believe that our audit  provides  a  reasonable  basis  for  our  opinion.

The  accompanying statement of revenue and certain expenses was prepared for the
purpose  of  complying  with  the  rules  and  regulations of the Securities and
Exchange  Commission  for  inclusion in Form 8-K of Weingarten Realty Investors.
Certain  expenses  (described  in  Note 1) that would not be comparable to those
resulting  from  the proposed future operations of the property are excluded and
the  statement  is  not  intended  to be a complete presentation of the Center's
revenue  and  expenses.

In  our  opinion, the statement of revenue and certain expenses presents fairly,
in all material respects, the revenue and certain expenses, as defined above, of
Kohl's  Shopping Center for the year ended December 31, 1999, in conformity with
accounting  principles  generally  accepted  in  the  United States of America.




Deloitte  &  Touche  LLP
Houston,  Texas
January  31,  2001


                                     Page 6
<PAGE>

<TABLE>
<CAPTION>


                                KOHL'S SHOPPING CENTER
                       STATEMENT OF REVENUE AND CERTAIN EXPENSES
                         FOR THE YEAR ENDED DECEMBER 31, 1999


<S>                                                                         <C>
REVENUE:
    Rental . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  $1,093,527
    Tenant reimbursements. . . . . . . . . . . . . . . . . . . . . . . . .     392,398
                                                                            ----------
              Total Revenue. . . . . . . . . . . . . . . . . . . . . . . .   1,485,925
                                                                            ----------

CERTAIN EXPENSES:
    Property operating and maintenance . . . . . . . . . . . . . . . . . .      57,648
    Real estate taxes and assessments. . . . . . . . . . . . . . . . . . .     359,619
                                                                            ----------
              Total Certain Expenses . . . . . . . . . . . . . . . . . . .     417,267
                                                                            ----------

EXCESS OF REVENUE OVER CERTAIN EXPENSES. . . . . . . . . . . . . . . . . .  $1,068,658
                                                                            ==========

See  accompanying  notes  to  statement  of  revenue and certain expenses.
</TABLE>


                                     Page 7
<PAGE>



                             KOHL'S SHOPPING CENTER
               NOTES TO STATEMENT OF REVENUE AND CERTAIN EXPENSES
                      FOR THE YEAR ENDED DECEMBER 31, 1999

1.     ORGANIZATION  AND  SUMMARY  OF  SIGNIFICANT  ACCOUNTING  POLICIES

ORGANIZATION  -  The  accompanying  statement  of  revenue  and certain expenses
includes  the  operations of  Kohl's Shopping Center  (the "Center"),  a 116,000
square foot shopping center in West Topeka, Kansas.  The Center was acquired  by
Weingarten  Realty Investors ("WRI") on  April 24, 2000 for  approximately $11.5
million.  WRI  is  a  Texas  real  estate investment trust,  which is  primarily
involved  in  the  acquisition,  development,  and  management  of real  estate,
consisting  mostly of neighborhood  and  community shopping  centers and,  to  a
lesser  extent,  industrial  properties.

BASIS  OF  PRESENTATION - The accompanying statement was prepared to comply with
the  rules  and  regulations  of  the  Securities  and  Exchange  Commission for
inclusion  in  Form  8-K  of  WRI.

The  accompanying  statement  is not representative of the actual operations for
the  period  presented  as  certain  expenses  that may not be comparable to the
expenses  expected to be incurred by WRI  in the future operations of the Center
have been excluded.  Excluded  expenses  consist of interest,  depreciation  and
amortization,  property  expenses  and  general  and  administrative  costs  not
directly  comparable  to  the  future  operations  of  the  Center.

REVENUE  RECOGNITION - Rental revenue is generally recognized on a straight-line
basis  over  the  life of the lease for operating leases.  Tenant reimbursements
(payments  for  taxes,  maintenance  expenses  and insurance by the lessees) are
estimated  and  accrued  over  the  fiscal  year.  Revenue based on a percentage
of  tenants'  sales  is  recognized  only  after  the tenant exceeds their sales
breakpoint.

USE  OF  ESTIMATES  -  The  preparation  of  the  financial  statement  requires
management to make use of estimates and assumptions that affect amounts reported
in the financial statement as well as certain disclosures.  Actual results could
differ  from  those  estimates.

2.     RENTALS  UNDER  OPERATING  LEASES

Future  minimum  rental  income from non-cancelable operating leases at December
31,  1999  is:  $1,126,680  in  2000,  $1,192,983  in  2001, $1,192,983 in 2002,
$1,192,983  in  2003,  $1,192,983  in  2004  and  $10,784,430  thereafter.


                                     Page 8
<PAGE>




REGENCY  PARK  SHOPPING  CENTER



INDEPENDENT  AUDITORS'  REPORT

To  the  Board  of  Trust  Managers  and  Shareholders  of
     Weingarten  Realty  Investors:

We  have  audited  the accompanying statement of revenue and certain expenses of
Regency  Park  Shopping  Center (the "Center") for the year ended June 30, 2000.
This  statement  of  revenue  and  certain expenses is the responsibility of the
Center's management.  Our  responsibility  is  to  express  an  opinion  on  the
statement  of  revenue  and  certain  expenses  based  on  our  audit.

We  conducted our audit in accordance with auditing standards generally accepted
in  the  United  States  of  America.  Those  standards require that we plan and
perform  the audit to obtain reasonable assurance about whether the statement of
revenue  and  certain  expenses  is  free  of material  misstatement.  An  audit
includes  examining  on  a  test  basis,  evidence  supporting  the  amounts and
disclosures in the statement.  An audit also includes assessing  the  accounting
principles  used  and  significant  estimates  made  by  management,  as well as
evaluating  the  overall statement of revenue and certain expenses presentation.
We  believe  that  our  audit  provides  a  reasonable  basis  for  our opinion.

The  accompanying statement of revenue and certain expenses was prepared for the
purpose  of  complying  with  the  rules  and  regulations of the Securities and
Exchange  Commission  for  inclusion in Form 8-K of Weingarten Realty Investors.
Certain  expenses  (described  in  Note 1) that would not be comparable to those
resulting  from  the proposed future operations of the property are excluded and
the  statement  is  not  intended  to be a complete presentation of the Center's
revenue  and  expenses.

In  our  opinion, the statement of revenue and certain expenses presents fairly,
in all material respects, the revenue and certain expenses, as defined above, of
the  Regency  Park  Shopping  Center  for  the  year  ended  June 30,  2000,  in
conformity with accounting principles generally accepted in  the  United  States
of  America.




Deloitte  &  Touche  LLP
Houston,  Texas
March  19,  2001


                                     Page 9
<PAGE>



<TABLE>
<CAPTION>


                             REGENCY PARK SHOPPING CENTER
                       STATEMENT OF REVENUE AND CERTAIN EXPENSES
                           FOR THE YEAR ENDED JUNE 30, 2000


<S>                                                                         <C>
REVENUE:
    Rental . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  $2,706,754
    Tenant reimbursements. . . . . . . . . . . . . . . . . . . . . . . . .     742,216
                                                                            ----------
              Total Revenue. . . . . . . . . . . . . . . . . . . . . . . .   3,448,970
                                                                            ----------

CERTAIN EXPENSES:
    Property operating and maintenance . . . . . . . . . . . . . . . . . .     336,825
    Real estate taxes and assessments. . . . . . . . . . . . . . . . . . .     485,468
                                                                            ----------
              Total Certain Expenses . . . . . . . . . . . . . . . . . . .     822,293
                                                                            ----------

EXCESS OF REVENUE OVER CERTAIN EXPENSES. . . . . . . . . . . . . . . . . .  $2,626,677
                                                                            ==========

See  accompanying  notes  to  statement  of  revenue and certain expenses.
</TABLE>


                                    Page 10
<PAGE>



                          REGENCY PARK SHOPPING CENTER
               NOTES TO STATEMENT OF REVENUE AND CERTAIN EXPENSES
                        FOR THE YEAR ENDED JUNE 30, 2000

1.     ORGANIZATION  AND  SUMMARY  OF  SIGNIFICANT  ACCOUNTING  POLICIES

ORGANIZATION  -  The  accompanying  statement  of  revenue  and certain expenses
includes  the  operations  of Regency  Park  Shopping  Center  (the "Center"), a
202,000  square  foot  shopping  center  located  in Overland Park, Kansas.  The
Center  was acquired  by  Weingarten  Realty Investors ("WRI") on August 4, 2000
for approximately $27 million.  WRI is  a  Texas  real  estate investment trust,
which  is  primarily involved in  the  acquisition, development,  and management
of real estate, consisting mostly of neighborhood and community shopping centers
and,  to  a  lesser  extent,  industrial properties.

BASIS  OF  PRESENTATION - The accompanying statement was prepared to comply with
the  rules  and  regulations  of  the  Securities  and  Exchange  Commission for
inclusion  in  Form  8-K  of  WRI.

The  accompanying  statement  is not representative of the actual operations for
the  period  presented  as  certain  expenses  that may not be comparable to the
expenses expected to be  incurred  by WRI in the future operations of the Center
have  been  excluded.   Excluded  expenses  consist  of  interest,  depreciation
and  amortization,  property  expenses  and  general  and  administrative  costs
not directly  comparable  to  the  future  operations  of the  Center.

REVENUE  RECOGNITION - Rental revenue is generally recognized on a straight-line
basis  over  the  life of the lease for operating leases.  Tenant reimbursements
(payments  for  taxes,  maintenance  expenses  and insurance by the lessees) are
estimated  and  accrued  over the fiscal year.  Revenue based on a percentage of
tenants'  sales  is  recognized  only  after  the  tenant  exceeds  their  sales
breakpoint.

USE  OF  ESTIMATES  -  The  preparation  of  the  financial  statement  requires
management to make use of estimates and assumptions that affect amounts reported
in the financial statement as well as certain disclosures.  Actual results could
differ  from  those  estimates.

2.     RENTALS  UNDER  OPERATING  LEASES

Future  minimum  rental  income from non-cancelable operating leases at June 30,
2000  is:   $2,429,459  in  2001,  $2,280,211  in  2002,  $2,226,846  in  2003,
$2,104,709  in  2004,  $1,744,519  in  2005  and  $4,238,048  thereafter.


                                    Page 11
<PAGE>




                           WEINGARTEN REALTY INVESTORS
              PRO FORMA CONDENSED STATEMENT OF CONSOLIDATED INCOME
                          YEAR ENDED DECEMBER 31, 2000
                                   (Unaudited)

                    (in thousands, except per share amounts)

This unaudited Pro Forma Condensed Statement of Consolidated Income is presented
as  if (A)  the acquisitions of the acquired properties and (B)  the acquisition
of  other properties, as set forth in the Notes and Significant Assumptions, had
occurred  as  of  January  1,  2000.  In  management's  opinion, all adjustments
necessary  to  reflect  the  effects of these transactions have been made.  This
unaudited  Pro  Forma  Condensed  Statement  of  Consolidated  Income  is  not
necessarily  indicative of what actual results of operations would have been had
these transactions occurred on January 1, 2000, nor does it purport to represent
the  results  of  operations  for  future  periods.
<TABLE>
<CAPTION>



                                                                          Adjustment       Adjustment
                                                                         for Acquired      for Other         Pro
                                                           Historical   Properties(A)   Acquisitions(B)     Forma
                                                          ------------  --------------  ----------------  ---------
<S>                                                       <C>           <C>             <C>               <C>
Revenue:

    Rentals . . . . . . . . . . . . . . . . . . . . . . . $   264,552   $       6,135   $         9,902   $280,589
    Interest. . . . . . . . . . . . . . . . . . . . . . .       5,638               9                34      5,681
    Other . . . . . . . . . . . . . . . . . . . . . . . .       3,184             109                73      3,366
                                                          ------------  --------------  ----------------  ---------
        Total Revenue . . . . . . . . . . . . . . . . . .     273,374           6,253            10,009    289,636
                                                          ------------  --------------  ----------------  ---------

Expenses:

    Operating . . . . . . . . . . . . . . . . . . . . . .      40,268           1,104             1,381     42,753
    Ad Valorem Taxes. . . . . . . . . . . . . . . . . . .      34,170             715               832     35,717
    Depreciation & Amortization . . . . . . . . . . . . .      58,518           1,027             1,272     60,817
    Interest. . . . . . . . . . . . . . . . . . . . . . .      45,545           4,160             4,574     54,279
    General &  Administrative . . . . . . . . . . . . . .       8,213                                        8,213
                                                          ------------  --------------  ----------------  ---------
        Total Expenses. . . . . . . . . . . . . . . . . .     186,714           7,006             8,059    201,779
                                                          ------------  --------------  ----------------  ---------

Income (Loss) from Operations . . . . . . . . . . . . . .      86,660            (753)            1,950     87,857
Minority Interest in Income of Partnerships . . . . . . .      (8,041)                           (1,599)    (9,640)
Gain on Sales of Property . . . . . . . . . . . . . . . .         382                                          382
                                                          ------------  --------------  ----------------  ---------

Net Income (Loss) . . . . . . . . . . . . . . . . . . . . $    79,001   $        (753)  $           351   $ 78,599
                                                          ============  ==============  ================  =========

Net Income (Loss) Available to Common Shareholders:
    Basic . . . . . . . . . . . . . . . . . . . . . . . . $    58,961   $        (753)  $           351   $ 58,559
                                                          ============  ==============  ================  =========
    Diluted . . . . . . . . . . . . . . . . . . . . . . . $    59,092   $        (753)  $           351   $ 58,690
                                                          ============  ==============  ================  =========

    Net Income per Common Share - Basic . . . . . . . . . $      2.20                                     $   2.19
                                                          ============                                    =========
    Net Income per Common Share - Diluted . . . . . . . . $      2.19                                     $   2.18
                                                          ============                                    =========

Weighted Average Number of Shares Outstanding:
    Basic . . . . . . . . . . . . . . . . . . . . . . . .      26,775                                       26,775
                                                          ============                                    =========
    Diluted . . . . . . . . . . . . . . . . . . . . . . .      26,931                                       26,931
                                                          ============                                    =========

</TABLE>


<PAGE>



                                    Page 12
<PAGE>



                          WEINGARTEN REALTY INVESTORS
                       NOTES AND SIGNIFICANT ASSUMPTIONS
                          YEAR ENDED DECEMBER 31, 2000
                                  (Unaudited)


(A)     ACQUIRED  PROPERTIES

The aggregate purchase price for the acquisitions described below (the "Acquired
Properties")  was  $87.2  million  and was allocated between land and buildings,
with  the  buildings  being  depreciated  over  a  period of forty years.  These
purchases  were  funded  under  our  revolving  credit facility (average rate of
6.97%),  with  the exception of a $10.5 million of debt  (average rate of 8.02%)
which was assumed  by  WRI.  Pro forma revenue and expenses, other than interest
and depreciation, represent the historical amounts of the Acquired Properties.

In  March,  we  purchased  Custer  Park  Shopping  Center, a 315,000 square foot
shopping  center  in  Plano,  Texas,  a suburb of Dallas.  Redevelopment of this
center  is  underway  with  the  demolition  of  a  portion  of  the  buildings,
construction of a 64,000 square foot Kroger supermarket and extensive renovation
and  remerchandising of the remainder of the project.  This redevelopment should
be  completed  in  the  latter  half  of  2001.

In  April,  we  acquired Kohl's Shopping Center in Topeka, Kansas.  This 116,000
square  foot  shopping  center  is  anchored  by  an  80,700  square foot Kohl's
Department  Store  and  a  35,000  square  foot  Barnes  and  Noble.

In  August, we purchased Regency Park Shopping Center  in Overland Park, Kansas.
This  202,000 square foot center is anchored by Micro Center, Border's Books and
Music, Marshall's and Old Navy and represents our fifth property in this market.

In December, we purchased the 465,000 square foot Westland Fair Shopping Center,
located  in  Las Vegas.  We have managed the center for the past three years and
have planned a major renovation and redevelopment of the property, including the
demolition  of  several  buildings  and the development of approximately 370,000
square feet of new buildings.  The redeveloped center will contain approximately
561,000  square feet when completed and will feature a 220,000 square foot Super
Wal-Mart  and  a  115,000  square  foot  Home  Depot.

B)     OTHER  ACQUISITIONS

The  aggregate  purchase  price for the acquisitions described below (the "Other
Acquisitions")  was  $77.6 million and was allocated between land and buildings,
with  the  buildings  being  depreciated  over  a  period of forty years.  These
purchases  were  funded  under  our revolving  credit facility  (average rate of
6.97%) with  the exception of $10.1 million of debt  (rate of 8.38%)  which  was
assumed  by  WRI.   Pro forma  revenue  and  expenses,  other  than interest and
depreciation,  represent  the historical amounts of the Other Acquisitions.

In June, two shopping centers were acquired in partnership with an institutional
investor.  Our first purchase was the Pavilions at San Mateo in Albuquerque, New
Mexico.  This  196,000 square foot center is anchored by Circuit City, Linens 'n
Things,  CompUSA and Old Navy.  The second shopping center is Lone Star Pavilion
in College Station, Texas.  This 107,000 square foot shopping center is anchored
by  Best  Buy,  Barnes  and  Noble  and  Office  Depot.


                                    Page 13
<PAGE>



Later  in  August,  in  partnership  with  the  same institutional  investor  we
acquired  Rockwall Market Center located in Rockwall, Texas, a suburb of Dallas.
Rockwall Market Center contains 217,000 square feet and is anchored by Linens 'n
Things, Ross Dress for Less, Office Max, Petco, Michael's Crafts, Pier 1 Imports
and  Old  Navy.

Also in August, we  purchased the Market at Southside, our first shopping center
in  the  Orlando  area.  Anchored  by a Walgreen's and Ross Dress for Less, this
97,000  square  foot  center is part of a 310,000 square foot center anchored by
Office  Depot,  Publix  and  Albertson's.

In September, we  acquired three industrial projects in Austin, Texas.  Braker 2
Business  Center  is  a  27,000  square foot office/light manufacturing facility
developed  in  1982.  Rutland  10  Business  Center  is  a  54,000  square  foot
office/service  center  located  on  3.2  acres  of  land, and Southpark A, B, C
consists of three one-story office/service centers located on 5.5 acres of land.

In  December,  we  acquired the 136,000 square foot first phase of Rainbow Plaza
located  in  Las  Vegas,  Nevada.  WRI  now owns this entire 416,000 square foot
center, as  Phase II of the project was acquired  in  1997.  Anchor  tenants for
the  entire property include  Home Depot,  Lucky's Supermarket,  Rite Aid Drugs,
JC  Penny  Home Store  and  the  Q  Club.

We  also  acquired  two  industrial  properties  in  San  Antonio,  Texas during
December.  The Interwest Business Park, an office/service center located at 6804
Alamo  Downs  and  Parkway,  was developed in 1984.  The service center contains
218,000  square  feet  and  is situated on 17 acres.  Currently 100% leased, the
project's  major  tenants include All American Sports, Janitrol and Mrs. Baird's
Bakery.  The  second  industrial  property,  located  at  12700  O'Connor  Road,
contains  150,000  square feet and is situated on 10.5 acres. The office/service
center,  known  as the O'Connor Road Business Park, is currently 92% leased with
TD  Industries  serving  as  the  major  tenant.

Also  in  December,  we  acquired  Killeen  Marketplace,  a  115,000 square foot
shopping center in Killeen, Texas, which is located approximately 60 miles north
of  Austin.  The  center,  which was developed in 2000, is anchored by Best Buy,
Ross  Dress  for  Less  and  Staples.


                                    Page 14
<PAGE>



<TABLE>
<CAPTION>

                   WEINGARTEN REALTY INVESTORS
        STATEMENT OF ESTIMATED TAXABLE OPERATING RESULTS
           AND CASH TO BE MADE AVAILABLE BY OPERATIONS
       FOR THE TWELVE MONTH PERIOD ENDED DECEMBER 31, 2000
                          (Unaudited)

                        (in thousands)


<S>                                                  <C>
Revenue . . . . . . . . . . . . . . . . . . . . . .  $24,016

Expenses:
      Operating . . . . . . . . . . . . . . . . . .    3,459
      Ad Valorem Taxes. . . . . . . . . . . . . . .    2,798
      Depreciation & Amortization . . . . . . . . .    3,749
      Interest. . . . . . . . . . . . . . . . . . .   11,190
                                                     -------
          Total Expenses. . . . . . . . . . . . . .   21,196
                                                     -------

Estimated Taxable Operating Gain. . . . . . . . . .    2,820

Add back depreciation & amortization. . . . . . . .    3,749
                                                     -------

Estimated Cash to be Made Available from Operations  $ 6,569
                                                     =======
<FN>

Note:  This  statement of estimated taxable operating results and estimated cash
       to be  made available from operations is an estimate of operating results
       for all properties acquired by WRI during the year ended December 31, 2000
       and does not purport to reflect actual  results  for  any  period.
</TABLE>







(c)  Exhibits

     Exhibit  Number       Description
     ---------------       -----------
          23.1             Consent  of  Deloitte  &  Touche  LLP





                                    Page 15
<PAGE>


                                   SIGNATURES


Pursuant  to  the  requirements  of  the  Securities  Exchange  Act of 1934, the
registrant  has  duly  caused  this  report  to  be  signed on its behalf by the
undersigned  thereunto  duly  authorized.


                                              WEINGARTEN  REALTY  INVESTORS
                                              -----------------------------
                                                     (Registrant)



                                               BY:    /s/  Joe  D.  Shafer
                                              -----------------------------
                                                      Joe D. Shafer
                                                Vice President/Controller
                                              (Principal Accounting Officer)




DATE:   March 22, 2001


                                    Page 16
<PAGE>
[{"type": "8-K", "sequence": "1", "filename": "0001.txt", "secsgml_size_bytes": 37255}]
{"company-data": {"conformed-name": "WEINGARTEN REALTY INVESTORS /TX/", "cik": "0000828916", "assigned-sic": "6798", "irs-number": "741464203", "state-of-incorporation": "TX", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-09876", "film-number": "1575482"}, "business-address": {"street1": "2600 CITADEL PLAZA DR", "street2": "SUITE 300", "city": "HOUSTON", "state": "TX", "zip": "77292", "phone": "7138666000"}, "mail-address": {"street1": "P O BOX 924133", "street2": "P O BOX 924133", "city": "HOUSTON", "state": "TX", "zip": "77292-4133"}}
SECURITIES AND EXCHANGE COMMISSION
                            Washington, D. C.  20549

                    _________________________________________

                                    FORM 8-K

                                 CURRENT REPORT
                     PURSUANT TO SECTION 13 OR 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

      Date of report (Date of earliest event reported):   December 31, 2000

                           WEINGARTEN REALTY INVESTORS
                           ---------------------------
             (Exact name of registrant as specified in its charter)
             ------------------------------------------------------

                                     1-9876
                            (Commission File Number)
                            ------------------------

                        Texas                               74-1464203
          ----------------------------------            ------------------
             (State or other jurisdiction of              (I.R.S. Employer
             incorporation or organization)              Identification No.)

2600 Citadel Plaza Drive, Suite 300, Houston, Texas            77008
---------------------------------------------------          ----------
     (Address of principal executive offices)                (Zip Code)

       Registrant's telephone number, including area code: (713) 866-6000
                                                           --------------
ITEM  2.  ACQUISITION  OR  DISPOSITION  OF  ASSETS

     During  the  year  ended  December  31,  2000,  Weingarten Realty Investors
acquired  ten  retail  centers  and  five industrial projects.  Material factors
considered  in  each  of the acquisitions made by  WRI  include  historical  and
prospective financial performance of the center, credit quality of the  tenancy,
local  and regional demographics,  location  and  competition,  ad  valorem  tax
rates,  condition  of the  property and the related anticipated level of capital
expenditures required.  The  total investment in acquisitions  during  2000  was
$164.8 million.  Audited financial statements and unaudited pro forma  financial
information  on  these  properties  are  submitted  in ITEM 7. below.

ITEM  7.  FINANCIAL  STATEMENTS,  PRO  FORMA  FINANCIAL INFORMATION AND EXHIBITS

     The  following  financial  statements,  pro  forma financial statements and
exhibits  are  filed  as  part  of  this  report:

     (a)  Financial  statements  of  businesses  acquired:

          1.  Westland  Fair  Shopping  Center

              (i)    Independent  Auditors'  Report

              (ii)   Statement  of  Revenue and Certain Expenses for the
                     Year Ended December 31,  1999

              (iii)  Notes  to  Statement  of  Revenue  and  Certain  Expenses

          2.  Kohl's  Shopping  Center

              (i)    Independent  Auditors'  Report

              (ii)   Statement  of  Revenue and Certain Expenses for the Year
                     Ended December 31,1999

              (iii)  Notes  to  Statement  of  Revenue  and  Certain  Expenses

          3.  Regency  Park  Shopping  Center

              (i)    Independent  Auditors'  Report

              (ii)   Statement  of  Revenue and Certain Expenses for the Year
                     Ended June 30, 2000

              (iii)  Notes  to  Statement  of  Revenue  and  Certain  Expenses

     (b)  Pro Forma Condensed Financial Statement (unaudited) of Weingarten
          Realty Investors, the Acquired Properties and Other  Acquisitions*

          1.  Pro  Forma  Condensed  Statement  of  Consolidated Income
              for the Year Ended December  31,  2000

          2.  Notes  and  Significant  Assumptions

     (c)  Exhibits:

          Included  herewith  is  Exhibit  No.  23.1,  the Consent of the
          Independent Accountants
_______________
*     A Pro Forma Consolidated Balance Sheet as of December 31, 2000 is not
      presented  as  all acquisitions  covered  by  this  Current  Report
      on Form 8-K were completed prior to December 31, 2000 and, accordingly,
      are reflected in the Consolidated Balance Sheet included in WRI's
      Annual Report on Form 10-K for the year then ended.

                                     Page 2
WESTLAND  FAIR  SHOPPING  CENTER

INDEPENDENT  AUDITORS'  REPORT

To  the  Board  of  Trust  Managers  and  Shareholders  of
      Weingarten  Realty  Investors:

We  have  audited  the accompanying statement of revenue and certain expenses of
Westland  Fair  Shopping  Center  (the "Center") for the year ended December 31,
1999.  This  statement  of revenue and certain expenses is the responsibility of
the  Center's  management.  Our  responsibility  is to express an opinion on the
statement  of  revenue  and  certain  expenses  based  on  our  audit.

We  conducted our audit in accordance with auditing standards generally accepted
in  the  United  States  of  America.  Those  standards require that we plan and
perform  the audit to obtain reasonable assurance about whether the statement of
revenue  and  certain  expenses  is  free  of  material  misstatement.  An audit
includes  examining  on  a  test  basis,  evidence  supporting  the  amounts and
disclosures  in  the statement.  An audit also includes assessing the accounting
principles  used  and  significant  estimates  made  by  management,  as well as
evaluating  the  overall statement of revenue and certain expenses presentation.
We  believe  that  our  audit  provides  a  reasonable  basis  for  our opinion.

The  accompanying statement of revenue and certain expenses was prepared for the
purpose  of  complying  with  the  rules  and  regulations of the Securities and
Exchange  Commission  for  inclusion in Form 8-K of Weingarten Realty Investors.
Certain  expenses  (described  in  Note 1) that would not be comparable to those
resulting  from  the proposed future operations of the property are excluded and
the  statement  is  not  intended  to be a complete presentation of the Center's
revenue  and  expenses.

In  our  opinion, the statement of revenue and certain expenses presents fairly,
in all material respects, the revenue and certain expenses, as defined above, of
Westland  Fair  Shopping  Center  for  the  year  ended  December  31,  1999, in
conformity with accounting principles generally accepted in the United States of
America.

Deloitte  &  Touche  LLP
Houston,  Texas
January  26,  2001

                                     Page 3
WESTLAND FAIR SHOPPING CENTER
                       STATEMENT OF REVENUE AND CERTAIN EXPENSES
                         FOR THE YEAR ENDED DECEMBER 31, 1999
REVENUE:
    Rental . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  $3,393,289
    Tenant reimbursements. . . . . . . . . . . . . . . . . . . . . . . . .     633,417
                                                                            ----------
              Total Revenue. . . . . . . . . . . . . . . . . . . . . . . .   4,026,706
                                                                            ----------

CERTAIN EXPENSES:
    Property operating and maintenance . . . . . . . . . . . . . . . . . .     547,668
    Real estate taxes and assessments. . . . . . . . . . . . . . . . . . .     350,766
                                                                            ----------
              Total Certain Expenses . . . . . . . . . . . . . . . . . . .     898,434
                                                                            ----------

EXCESS OF REVENUE OVER CERTAIN EXPENSES. . . . . . . . . . . . . . . . . .  $3,128,272
                                                                            ==========

See  accompanying  notes  to  statement  of  revenue and certain expenses.
Page 4
WESTLAND FAIR SHOPPING CENTER
               NOTES TO STATEMENT OF REVENUE AND CERTAIN EXPENSES
                      FOR THE YEAR ENDED DECEMBER 31, 1999

1.     ORGANIZATION  AND  SUMMARY  OF  SIGNIFICANT  ACCOUNTING  POLICIES

ORGANIZATION  -  The  accompanying  statement  of  revenue  and certain expenses
includes  the  operations  of  Westland  Fair  Shopping Center (the "Center"), a
465,000 square foot  shopping  center  in  Las  Vegas,  Nevada.  The Center  was
acquired  by Weingarten  Realty  Investors  ("WRI")  on December  29,  2000  for
approximately $37 million.  WRI is a Texas real  estate investment  trust, which
is primarily involved in the  acquisition,  development,  and management of real
estate, consisting mostly of  neighborhood  and  community shopping centers and,
to a lesser  extent,  industrial  properties.

BASIS  OF  PRESENTATION - The accompanying statement was prepared to comply with
the  rules  and  regulations  of  the  Securities  and  Exchange  Commission for
inclusion  in  Form  8-K  of  WRI.

The  accompanying  statement  is not representative of the actual operations for
the  period  presented  as  certain  expenses  that may not be comparable to the
expenses  expected to be incurred by WRI in the future operations of the  Center
have been excluded.  Excluded expenses  consist of  interest,  depreciation  and
amortization,  property  expenses  and  general  and  administrative  costs  not
directly  comparable  to  the  future  operations  of  the  Center.

REVENUE  RECOGNITION - Rental revenue is generally recognized on a straight-line
basis  over  the  life of the lease for operating leases.  Tenant reimbursements
(payments  for  taxes,  maintenance  expenses  and insurance by the lessees) are
estimated and accrued  over the  fiscal year.  Revenue based on a percentage  of
tenants'  sales  is  recognized  only  after  the  tenant  exceeds  their  sales
breakpoint.

USE  OF  ESTIMATES  -  The  preparation  of  the  financial  statement  requires
management to make use of estimates and assumptions that affect amounts reported
in the financial statement as well as certain disclosures.  Actual results could
differ  from  those  estimates.

2.     RENTALS  UNDER  OPERATING  LEASES

Future  minimum  rental  income from non-cancelable operating leases at December
31,  1999  is:  $2,920,459  in  2000,  $2,409,648  in  2001, $2,017,285 in 2002,
$1,653,350  in  2003,  $1,383,249  in  2004  and  $4,829,806  thereafter.

                                     Page 5
KOHL'S  SHOPPING  CENTER

INDEPENDENT  AUDITORS'  REPORT

To  the  Board  of  Trust  Managers  and  Shareholders  of
     Weingarten  Realty  Investors:

We  have  audited  the accompanying statement of revenue and certain expenses of
Kohl's  Shopping  Center  (the  "Center")  for the year ended December 31, 1999.
This  statement  of  revenue  and  certain expenses is the responsibility of the
Center's  management.  Our  responsibility  is  to  express  an  opinion  on the
statement  of  revenue  and  certain  expenses  based  on  our  audit.

We  conducted our audit in accordance with auditing standards generally accepted
in  the  United  States  of  America.  Those  standards require that we plan and
perform  the audit to obtain reasonable assurance about whether the statement of
revenue  and  certain  expenses  is  free  of  material  misstatement.  An audit
includes  examining  on  a  test  basis,  evidence  supporting  the  amounts and
disclosures  in  the statement.  An audit also includes assessing the accounting
principles  used  and  significant  estimates  made  by  management,  as well as
evaluating  the  overall statement of revenue and certain expenses presentation.
We believe that our audit  provides  a  reasonable  basis  for  our  opinion.

The  accompanying statement of revenue and certain expenses was prepared for the
purpose  of  complying  with  the  rules  and  regulations of the Securities and
Exchange  Commission  for  inclusion in Form 8-K of Weingarten Realty Investors.
Certain  expenses  (described  in  Note 1) that would not be comparable to those
resulting  from  the proposed future operations of the property are excluded and
the  statement  is  not  intended  to be a complete presentation of the Center's
revenue  and  expenses.

In  our  opinion, the statement of revenue and certain expenses presents fairly,
in all material respects, the revenue and certain expenses, as defined above, of
Kohl's  Shopping Center for the year ended December 31, 1999, in conformity with
accounting  principles  generally  accepted  in  the  United States of America.

Deloitte  &  Touche  LLP
Houston,  Texas
January  31,  2001

                                     Page 6
KOHL'S SHOPPING CENTER
                       STATEMENT OF REVENUE AND CERTAIN EXPENSES
                         FOR THE YEAR ENDED DECEMBER 31, 1999
REVENUE:
    Rental . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  $1,093,527
    Tenant reimbursements. . . . . . . . . . . . . . . . . . . . . . . . .     392,398
                                                                            ----------
              Total Revenue. . . . . . . . . . . . . . . . . . . . . . . .   1,485,925
                                                                            ----------

CERTAIN EXPENSES:
    Property operating and maintenance . . . . . . . . . . . . . . . . . .      57,648
    Real estate taxes and assessments. . . . . . . . . . . . . . . . . . .     359,619
                                                                            ----------
              Total Certain Expenses . . . . . . . . . . . . . . . . . . .     417,267
                                                                            ----------

EXCESS OF REVENUE OVER CERTAIN EXPENSES. . . . . . . . . . . . . . . . . .  $1,068,658
                                                                            ==========

See  accompanying  notes  to  statement  of  revenue and certain expenses.
Page 7
KOHL'S SHOPPING CENTER
               NOTES TO STATEMENT OF REVENUE AND CERTAIN EXPENSES
                      FOR THE YEAR ENDED DECEMBER 31, 1999

1.     ORGANIZATION  AND  SUMMARY  OF  SIGNIFICANT  ACCOUNTING  POLICIES

ORGANIZATION  -  The  accompanying  statement  of  revenue  and certain expenses
includes  the  operations of  Kohl's Shopping Center  (the "Center"),  a 116,000
square foot shopping center in West Topeka, Kansas.  The Center was acquired  by
Weingarten  Realty Investors ("WRI") on  April 24, 2000 for  approximately $11.5
million.  WRI  is  a  Texas  real  estate investment trust,  which is  primarily
involved  in  the  acquisition,  development,  and  management  of real  estate,
consisting  mostly of neighborhood  and  community shopping  centers and,  to  a
lesser  extent,  industrial  properties.

BASIS  OF  PRESENTATION - The accompanying statement was prepared to comply with
the  rules  and  regulations  of  the  Securities  and  Exchange  Commission for
inclusion  in  Form  8-K  of  WRI.

The  accompanying  statement  is not representative of the actual operations for
the  period  presented  as  certain  expenses  that may not be comparable to the
expenses  expected to be incurred by WRI  in the future operations of the Center
have been excluded.  Excluded  expenses  consist of interest,  depreciation  and
amortization,  property  expenses  and  general  and  administrative  costs  not
directly  comparable  to  the  future  operations  of  the  Center.

REVENUE  RECOGNITION - Rental revenue is generally recognized on a straight-line
basis  over  the  life of the lease for operating leases.  Tenant reimbursements
(payments  for  taxes,  maintenance  expenses  and insurance by the lessees) are
estimated  and  accrued  over  the  fiscal  year.  Revenue based on a percentage
of  tenants'  sales  is  recognized  only  after  the tenant exceeds their sales
breakpoint.

USE  OF  ESTIMATES  -  The  preparation  of  the  financial  statement  requires
management to make use of estimates and assumptions that affect amounts reported
in the financial statement as well as certain disclosures.  Actual results could
differ  from  those  estimates.

2.     RENTALS  UNDER  OPERATING  LEASES

Future  minimum  rental  income from non-cancelable operating leases at December
31,  1999  is:  $1,126,680  in  2000,  $1,192,983  in  2001, $1,192,983 in 2002,
$1,192,983  in  2003,  $1,192,983  in  2004  and  $10,784,430  thereafter.

                                     Page 8
REGENCY  PARK  SHOPPING  CENTER

INDEPENDENT  AUDITORS'  REPORT

To  the  Board  of  Trust  Managers  and  Shareholders  of
     Weingarten  Realty  Investors:

We  have  audited  the accompanying statement of revenue and certain expenses of
Regency  Park  Shopping  Center (the "Center") for the year ended June 30, 2000.
This  statement  of  revenue  and  certain expenses is the responsibility of the
Center's management.  Our  responsibility  is  to  express  an  opinion  on  the
statement  of  revenue  and  certain  expenses  based  on  our  audit.

We  conducted our audit in accordance with auditing standards generally accepted
in  the  United  States  of  America.  Those  standards require that we plan and
perform  the audit to obtain reasonable assurance about whether the statement of
revenue  and  certain  expenses  is  free  of material  misstatement.  An  audit
includes  examining  on  a  test  basis,  evidence  supporting  the  amounts and
disclosures in the statement.  An audit also includes assessing  the  accounting
principles  used  and  significant  estimates  made  by  management,  as well as
evaluating  the  overall statement of revenue and certain expenses presentation.
We  believe  that  our  audit  provides  a  reasonable  basis  for  our opinion.

The  accompanying statement of revenue and certain expenses was prepared for the
purpose  of  complying  with  the  rules  and  regulations of the Securities and
Exchange  Commission  for  inclusion in Form 8-K of Weingarten Realty Investors.
Certain  expenses  (described  in  Note 1) that would not be comparable to those
resulting  from  the proposed future operations of the property are excluded and
the  statement  is  not  intended  to be a complete presentation of the Center's
revenue  and  expenses.

In  our  opinion, the statement of revenue and certain expenses presents fairly,
in all material respects, the revenue and certain expenses, as defined above, of
the  Regency  Park  Shopping  Center  for  the  year  ended  June 30,  2000,  in
conformity with accounting principles generally accepted in  the  United  States
of  America.

Deloitte  &  Touche  LLP
Houston,  Texas
March  19,  2001

                                     Page 9
REGENCY PARK SHOPPING CENTER
                       STATEMENT OF REVENUE AND CERTAIN EXPENSES
                           FOR THE YEAR ENDED JUNE 30, 2000
REVENUE:
    Rental . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  $2,706,754
    Tenant reimbursements. . . . . . . . . . . . . . . . . . . . . . . . .     742,216
                                                                            ----------
              Total Revenue. . . . . . . . . . . . . . . . . . . . . . . .   3,448,970
                                                                            ----------

CERTAIN EXPENSES:
    Property operating and maintenance . . . . . . . . . . . . . . . . . .     336,825
    Real estate taxes and assessments. . . . . . . . . . . . . . . . . . .     485,468
                                                                            ----------
              Total Certain Expenses . . . . . . . . . . . . . . . . . . .     822,293
                                                                            ----------

EXCESS OF REVENUE OVER CERTAIN EXPENSES. . . . . . . . . . . . . . . . . .  $2,626,677
                                                                            ==========

See  accompanying  notes  to  statement  of  revenue and certain expenses.
Page 10
REGENCY PARK SHOPPING CENTER
               NOTES TO STATEMENT OF REVENUE AND CERTAIN EXPENSES
                        FOR THE YEAR ENDED JUNE 30, 2000

1.     ORGANIZATION  AND  SUMMARY  OF  SIGNIFICANT  ACCOUNTING  POLICIES

ORGANIZATION  -  The  accompanying  statement  of  revenue  and certain expenses
includes  the  operations  of Regency  Park  Shopping  Center  (the "Center"), a
202,000  square  foot  shopping  center  located  in Overland Park, Kansas.  The
Center  was acquired  by  Weingarten  Realty Investors ("WRI") on August 4, 2000
for approximately $27 million.  WRI is  a  Texas  real  estate investment trust,
which  is  primarily involved in  the  acquisition, development,  and management
of real estate, consisting mostly of neighborhood and community shopping centers
and,  to  a  lesser  extent,  industrial properties.

BASIS  OF  PRESENTATION - The accompanying statement was prepared to comply with
the  rules  and  regulations  of  the  Securities  and  Exchange  Commission for
inclusion  in  Form  8-K  of  WRI.

The  accompanying  statement  is not representative of the actual operations for
the  period  presented  as  certain  expenses  that may not be comparable to the
expenses expected to be  incurred  by WRI in the future operations of the Center
have  been  excluded.   Excluded  expenses  consist  of  interest,  depreciation
and  amortization,  property  expenses  and  general  and  administrative  costs
not directly  comparable  to  the  future  operations  of the  Center.

REVENUE  RECOGNITION - Rental revenue is generally recognized on a straight-line
basis  over  the  life of the lease for operating leases.  Tenant reimbursements
(payments  for  taxes,  maintenance  expenses  and insurance by the lessees) are
estimated  and  accrued  over the fiscal year.  Revenue based on a percentage of
tenants'  sales  is  recognized  only  after  the  tenant  exceeds  their  sales
breakpoint.

USE  OF  ESTIMATES  -  The  preparation  of  the  financial  statement  requires
management to make use of estimates and assumptions that affect amounts reported
in the financial statement as well as certain disclosures.  Actual results could
differ  from  those  estimates.

2.     RENTALS  UNDER  OPERATING  LEASES

Future  minimum  rental  income from non-cancelable operating leases at June 30,
2000  is:   $2,429,459  in  2001,  $2,280,211  in  2002,  $2,226,846  in  2003,
$2,104,709  in  2004,  $1,744,519  in  2005  and  $4,238,048  thereafter.

                                    Page 11
WEINGARTEN REALTY INVESTORS
              PRO FORMA CONDENSED STATEMENT OF CONSOLIDATED INCOME
                          YEAR ENDED DECEMBER 31, 2000
                                   (Unaudited)

                    (in thousands, except per share amounts)

This unaudited Pro Forma Condensed Statement of Consolidated Income is presented
as  if (A)  the acquisitions of the acquired properties and (B)  the acquisition
of  other properties, as set forth in the Notes and Significant Assumptions, had
occurred  as  of  January  1,  2000.  In  management's  opinion, all adjustments
necessary  to  reflect  the  effects of these transactions have been made.  This
unaudited  Pro  Forma  Condensed  Statement  of  Consolidated  Income  is  not
necessarily  indicative of what actual results of operations would have been had
these transactions occurred on January 1, 2000, nor does it purport to represent
the  results  of  operations  for  future  periods.
Adjustment       Adjustment
                                                                         for Acquired      for Other         Pro
                                                           Historical   Properties(A)   Acquisitions(B)     Forma
                                                          ------------  --------------  ----------------  ---------
Revenue:

    Rentals . . . . . . . . . . . . . . . . . . . . . . . $   264,552   $       6,135   $         9,902   $280,589
    Interest. . . . . . . . . . . . . . . . . . . . . . .       5,638               9                34      5,681
    Other . . . . . . . . . . . . . . . . . . . . . . . .       3,184             109                73      3,366
                                                          ------------  --------------  ----------------  ---------
        Total Revenue . . . . . . . . . . . . . . . . . .     273,374           6,253            10,009    289,636
                                                          ------------  --------------  ----------------  ---------

Expenses:

    Operating . . . . . . . . . . . . . . . . . . . . . .      40,268           1,104             1,381     42,753
    Ad Valorem Taxes. . . . . . . . . . . . . . . . . . .      34,170             715               832     35,717
    Depreciation & Amortization . . . . . . . . . . . . .      58,518           1,027             1,272     60,817
    Interest. . . . . . . . . . . . . . . . . . . . . . .      45,545           4,160             4,574     54,279
    General &  Administrative . . . . . . . . . . . . . .       8,213                                        8,213
                                                          ------------  --------------  ----------------  ---------
        Total Expenses. . . . . . . . . . . . . . . . . .     186,714           7,006             8,059    201,779
                                                          ------------  --------------  ----------------  ---------

Income (Loss) from Operations . . . . . . . . . . . . . .      86,660            (753)            1,950     87,857
Minority Interest in Income of Partnerships . . . . . . .      (8,041)                           (1,599)    (9,640)
Gain on Sales of Property . . . . . . . . . . . . . . . .         382                                          382
                                                          ------------  --------------  ----------------  ---------

Net Income (Loss) . . . . . . . . . . . . . . . . . . . . $    79,001   $        (753)  $           351   $ 78,599
                                                          ============  ==============  ================  =========

Net Income (Loss) Available to Common Shareholders:
    Basic . . . . . . . . . . . . . . . . . . . . . . . . $    58,961   $        (753)  $           351   $ 58,559
                                                          ============  ==============  ================  =========
    Diluted . . . . . . . . . . . . . . . . . . . . . . . $    59,092   $        (753)  $           351   $ 58,690
                                                          ============  ==============  ================  =========

    Net Income per Common Share - Basic . . . . . . . . . $      2.20                                     $   2.19
                                                          ============                                    =========
    Net Income per Common Share - Diluted . . . . . . . . $      2.19                                     $   2.18
                                                          ============                                    =========

Weighted Average Number of Shares Outstanding:
    Basic . . . . . . . . . . . . . . . . . . . . . . . .      26,775                                       26,775
                                                          ============                                    =========
    Diluted . . . . . . . . . . . . . . . . . . . . . . .      26,931                                       26,931
                                                          ============                                    =========
Page 12
WEINGARTEN REALTY INVESTORS
                       NOTES AND SIGNIFICANT ASSUMPTIONS
                          YEAR ENDED DECEMBER 31, 2000
                                  (Unaudited)

(A)     ACQUIRED  PROPERTIES

The aggregate purchase price for the acquisitions described below (the "Acquired
Properties")  was  $87.2  million  and was allocated between land and buildings,
with  the  buildings  being  depreciated  over  a  period of forty years.  These
purchases  were  funded  under  our  revolving  credit facility (average rate of
6.97%),  with  the exception of a $10.5 million of debt  (average rate of 8.02%)
which was assumed  by  WRI.  Pro forma revenue and expenses, other than interest
and depreciation, represent the historical amounts of the Acquired Properties.

In  March,  we  purchased  Custer  Park  Shopping  Center, a 315,000 square foot
shopping  center  in  Plano,  Texas,  a suburb of Dallas.  Redevelopment of this
center  is  underway  with  the  demolition  of  a  portion  of  the  buildings,
construction of a 64,000 square foot Kroger supermarket and extensive renovation
and  remerchandising of the remainder of the project.  This redevelopment should
be  completed  in  the  latter  half  of  2001.

In  April,  we  acquired Kohl's Shopping Center in Topeka, Kansas.  This 116,000
square  foot  shopping  center  is  anchored  by  an  80,700  square foot Kohl's
Department  Store  and  a  35,000  square  foot  Barnes  and  Noble.

In  August, we purchased Regency Park Shopping Center  in Overland Park, Kansas.
This  202,000 square foot center is anchored by Micro Center, Border's Books and
Music, Marshall's and Old Navy and represents our fifth property in this market.

In December, we purchased the 465,000 square foot Westland Fair Shopping Center,
located  in  Las Vegas.  We have managed the center for the past three years and
have planned a major renovation and redevelopment of the property, including the
demolition  of  several  buildings  and the development of approximately 370,000
square feet of new buildings.  The redeveloped center will contain approximately
561,000  square feet when completed and will feature a 220,000 square foot Super
Wal-Mart  and  a  115,000  square  foot  Home  Depot.

B)     OTHER  ACQUISITIONS

The  aggregate  purchase  price for the acquisitions described below (the "Other
Acquisitions")  was  $77.6 million and was allocated between land and buildings,
with  the  buildings  being  depreciated  over  a  period of forty years.  These
purchases  were  funded  under  our revolving  credit facility  (average rate of
6.97%) with  the exception of $10.1 million of debt  (rate of 8.38%)  which  was
assumed  by  WRI.   Pro forma  revenue  and  expenses,  other  than interest and
depreciation,  represent  the historical amounts of the Other Acquisitions.

In June, two shopping centers were acquired in partnership with an institutional
investor.  Our first purchase was the Pavilions at San Mateo in Albuquerque, New
Mexico.  This  196,000 square foot center is anchored by Circuit City, Linens 'n
Things,  CompUSA and Old Navy.  The second shopping center is Lone Star Pavilion
in College Station, Texas.  This 107,000 square foot shopping center is anchored
by  Best  Buy,  Barnes  and  Noble  and  Office  Depot.

                                    Page 13
Later  in  August,  in  partnership  with  the  same institutional  investor  we
acquired  Rockwall Market Center located in Rockwall, Texas, a suburb of Dallas.
Rockwall Market Center contains 217,000 square feet and is anchored by Linens 'n
Things, Ross Dress for Less, Office Max, Petco, Michael's Crafts, Pier 1 Imports
and  Old  Navy.

Also in August, we  purchased the Market at Southside, our first shopping center
in  the  Orlando  area.  Anchored  by a Walgreen's and Ross Dress for Less, this
97,000  square  foot  center is part of a 310,000 square foot center anchored by
Office  Depot,  Publix  and  Albertson's.

In September, we  acquired three industrial projects in Austin, Texas.  Braker 2
Business  Center  is  a  27,000  square foot office/light manufacturing facility
developed  in  1982.  Rutland  10  Business  Center  is  a  54,000  square  foot
office/service  center  located  on  3.2  acres  of  land, and Southpark A, B, C
consists of three one-story office/service centers located on 5.5 acres of land.

In  December,  we  acquired the 136,000 square foot first phase of Rainbow Plaza
located  in  Las  Vegas,  Nevada.  WRI  now owns this entire 416,000 square foot
center, as  Phase II of the project was acquired  in  1997.  Anchor  tenants for
the  entire property include  Home Depot,  Lucky's Supermarket,  Rite Aid Drugs,
JC  Penny  Home Store  and  the  Q  Club.

We  also  acquired  two  industrial  properties  in  San  Antonio,  Texas during
December.  The Interwest Business Park, an office/service center located at 6804
Alamo  Downs  and  Parkway,  was developed in 1984.  The service center contains
218,000  square  feet  and  is situated on 17 acres.  Currently 100% leased, the
project's  major  tenants include All American Sports, Janitrol and Mrs. Baird's
Bakery.  The  second  industrial  property,  located  at  12700  O'Connor  Road,
contains  150,000  square feet and is situated on 10.5 acres. The office/service
center,  known  as the O'Connor Road Business Park, is currently 92% leased with
TD  Industries  serving  as  the  major  tenant.

Also  in  December,  we  acquired  Killeen  Marketplace,  a  115,000 square foot
shopping center in Killeen, Texas, which is located approximately 60 miles north
of  Austin.  The  center,  which was developed in 2000, is anchored by Best Buy,
Ross  Dress  for  Less  and  Staples.

                                    Page 14
WEINGARTEN REALTY INVESTORS
        STATEMENT OF ESTIMATED TAXABLE OPERATING RESULTS
           AND CASH TO BE MADE AVAILABLE BY OPERATIONS
       FOR THE TWELVE MONTH PERIOD ENDED DECEMBER 31, 2000
                          (Unaudited)

                        (in thousands)
Revenue . . . . . . . . . . . . . . . . . . . . . .  $24,016

Expenses:
      Operating . . . . . . . . . . . . . . . . . .    3,459
      Ad Valorem Taxes. . . . . . . . . . . . . . .    2,798
      Depreciation & Amortization . . . . . . . . .    3,749
      Interest. . . . . . . . . . . . . . . . . . .   11,190
                                                     -------
          Total Expenses. . . . . . . . . . . . . .   21,196
                                                     -------

Estimated Taxable Operating Gain. . . . . . . . . .    2,820

Add back depreciation & amortization. . . . . . . .    3,749
                                                     -------

Estimated Cash to be Made Available from Operations  $ 6,569
                                                     =======
Note:  This  statement of estimated taxable operating results and estimated cash
       to be  made available from operations is an estimate of operating results
       for all properties acquired by WRI during the year ended December 31, 2000
       and does not purport to reflect actual  results  for  any  period.
(c)  Exhibits

     Exhibit  Number       Description
     ---------------       -----------
          23.1             Consent  of  Deloitte  &  Touche  LLP

                                    Page 15
SIGNATURES

Pursuant  to  the  requirements  of  the  Securities  Exchange  Act of 1934, the
registrant  has  duly  caused  this  report  to  be  signed on its behalf by the
undersigned  thereunto  duly  authorized.

                                              WEINGARTEN  REALTY  INVESTORS
                                              -----------------------------
                                                     (Registrant)

                                               BY:    /s/  Joe  D.  Shafer
                                              -----------------------------
                                                      Joe D. Shafer
                                                Vice President/Controller
                                              (Principal Accounting Officer)

DATE:   March 22, 2001

                                    Page 16