HOUSTON-Weingarten Realty's Q3 earnings figures showed year-over-year upticks in a variety of categories. Specifically, recurring funds from operations totaled $63.3 million, a 10.9% per share increase from the same time in 2012, while same-property net operating income was up by 4.7%.

Additionally, portfolio occupancy increased by 0.5% year-over-year to 94.4%, while overall net income, at $136.9 million, was well above the 66.3 million reported during the same time in 2012. Year-to-date, gains on sales of property totaled $116.8 million in 2013 compared to $50.6 million in 2012.

"The continued rise in occupancy and, to a lesser degree, strong rental rate increases has enabled us to post the excellent Same Property NOI growth for the quarter and the year. Our best in class operating platform and quality portfolio of properties has allowed us to sustain this improvement in operating results for seven consecutive quarters,” says Johnny Hendrix, the REIT's EVP and COO.