WEINGARTEN REALTY INVESTORS /TX/
424B3, 2000-07-17
REAL ESTATE INVESTMENT TRUSTS
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Pricing  Supplement  No.  2                   Filing  under  Rule  424(b)(3)
Dated  July  13,  2000                        Registration  File  No. 333-85967
Cusip  #94874R  BL  9

                           WEINGARTEN REALTY INVESTORS
                           MEDIUM-TERM NOTES, SERIES A

Principal  amount:  $25,000,000               Floating Rate Notes: 3 Month Libor
Interest  Rate  (if  fixed  rate):  N/A       Interest  rate basis:  N/A
Stated  Maturity:  July  18,  2003            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  (%):  0.35%           Other
Purchasing  Agent's  discount                 Index  Maturity:  N/A
    or  commission  (%):  N/A                 Spread:  +60  basis  points
Net proceeds to the Company (%): 99.65%       Spread  Multiplier:  N/A
Settlement  date  (original                   Maximum  Rate:  N/A
    issue  date):  July  18,  2000            Minimum  Rate:  N/A
Redemption  Commencement                      Initial  Interest  Rate:  7.33%
    Date  (if  any):  N/A                     Interest Reset Date(s): Quarterly
Interest  Determination Date(s):  N/A         Optional Repayment Date: N/A
Calculation  Date(s):  N/A                    Cusip  #  948 74R BL 9
Interest Payment Date(s): 10/18,1/18,4/18,7/18
Regular  Record  Date(s):  N/A


     Redemption  prices  (if  any):  The  Redemption  Price  shall  be  at  par.

     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  $50,000,000.

     "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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