WEINGARTEN REALTY INVESTORS /TX/
424B3, 2000-12-20
REAL ESTATE INVESTMENT TRUSTS
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Pricing  Supplement  No.  4                      Filing  under  Rule  424(b)(3)
Dated     December  18,  2000                    Registration File No. 333-85967
Cusip  #  948  74R  BN5

                           WEINGARTEN REALTY INVESTORS
                           MEDIUM-TERM NOTES, SERIES A

Principal  amount:  $10,000,000                  Floating  Rate  Notes:  N/A
Interest  Rate  (if  fixed rate):  7.40%         Interest rate basis:  N/A
Stated  Maturity:  December  21,  2010                    Paper  Rate
Specified  Currency:  U.S.  $                             Prime  Rate
Applicable  Exchange  Rate  (if  any):                    LIBOR
    U.S.  $1.00  =  N/A                                   Treasury  Rate
Issue  price  (as  a  percentage  of                      CD  Rate
    principal  amount):  100%                             Federal Funds Rate
Selling  Agent's  commission  (%):  0.60%                 Other
Purchasing  Agent's  discount                    Index  Maturity:  N/A
    or  commission  (%):  N/A                    Spread:  N/A
Net proceeds to the Company (%): 99.40%          Spread  Multiplier:  N/A
Settlement  date  (original                      Maximum  Rate:  N/A
    issue  date):12/21/00                        Minimum  Rate:  N/A
Redemption  Commencement                         Initial Interest Rate: N/A
    Date  (if  any):  N/A                        Interest Reset Date(s): N/A
Interest  Determination Date(s):  N/A            Optional Repayment Date: N/A
Calculation  Date(s):  N/A                       Cusip  #  948  74R  BN5
Interest Payment Date (s): 3/15, 9/15
Regular Record Date(s): 3/1, 9/1

     Redemption  prices  (if  any):  The  Redemption  Price  shall  initially be
N/A  %  of  the  principal  amount  of  such  Notes  to  be  redeemed.

     If  such  Notes  are denominated in other than U.S. dollars, the applicable
Foreign  Currency  Supplement  is  attached  hereto.

     Additional  terms:  N/A

     As  of  the  date  of this Pricing Supplement, the aggregate initial public
offering  price  (or  its equivalent in other currencies) of the Debt Securities
(as  defined  in  the  Prospectus)  which have been sold (including the Notes to
which  this  Pricing  Supplement  relates)  is  $71,000,000.

     "N/A"  as  used  herein means "Not Applicable."  "A/S" as used herein means
"As  stated  in  the  Prospectus  Supplement  referred  to  above."

                                 LEHMAN BROTHERS




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