Whitestone

Whitestone REIT Adds Specialty Food Component at Lake Woodlands Crossing and Sugar Park Plaza Centers

Retrieved on: 
Tuesday, November 7, 2023

The Company added Wild Fork , a modern-day meat and seafood market, at Lake Woodlands Crossing, bringing occupancy at the Total Wine anchored center to 100%.

Key Points: 
  • The Company added Wild Fork , a modern-day meat and seafood market, at Lake Woodlands Crossing, bringing occupancy at the Total Wine anchored center to 100%.
  • In addition, Whitestone added Vishala Foods , specializing in spices and produce used in Indian cuisine, at Sugar Park Plaza.
  • “We’re pleased to add a grocery component at the Lake Woodlands Center as well as a market meeting local demands with Vishala Foods at Sugar Park Plaza,” stated Whitestone’s COO, Christine Mastandrea.
  • Vishala joins a highly synergistic merchandising mix at the 90,000 square foot Sugar Park Plaza, which lies at the entrance to the fast-growing Fort Bend County neighborhoods of Stafford, Missouri City, and Sugar land.

Whitestone REIT Reports Third Quarter 2023 Results

Retrieved on: 
Tuesday, October 31, 2023

As of September 30, 2023, Whitestone wholly owned 56 Community-Centered Properties™ with 5.0 million square feet of gross leasable area ("GLA").

Key Points: 
  • As of September 30, 2023, Whitestone wholly owned 56 Community-Centered Properties™ with 5.0 million square feet of gross leasable area ("GLA").
  • The portfolio is comprised of 29 properties in Texas, 26 in Arizona and 1 in Illinois.
  • A replay of the call will be available on Whitestone’s website via the webcast link until the Company’s next earnings release.
  • Dial-in number for domestic participants:
    Dial-in number for international participants:
    The conference call will be recorded, and a telephone replay will be available through Wednesday, November 15, 2023.

Whitestone REIT to Serve as Sponsor of Social Motion’s Spectrum of Tastes: Amplify Our Voices Fundraiser

Retrieved on: 
Tuesday, October 10, 2023

Social Motion provides social skills to individuals on the autism spectrum from pre-K to young adults.

Key Points: 
  • Social Motion provides social skills to individuals on the autism spectrum from pre-K to young adults.
  • The program serves children, teens, and young adults challenged by autism, ADHD, social anxiety, and similar special needs through after-school social skills classes and young adult social groups.
  • “We are very proud supporters of The Center for Pursuit’s Social Motion program and are honored to serve as a sponsor for this year’s Spectrum of Tastes: Amplify of Voices fundraiser,” stated Christine Mastandrea, Whitestone COO.
  • “On behalf of The Center, I’d like to thank Whitestone for its many years of support for Social Motion,” said Wendy Dawson, founder of Social Motion.

Whitestone REIT Announces Third Quarter 2023 Earnings Webcast and Conference Call

Retrieved on: 
Friday, September 22, 2023

HOUSTON, Sept. 22, 2023 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE:WSR) (“Whitestone” or the “Company”) today announced that it will release its financial results for the third quarter ended September 30, 2023 after the market close on Tuesday, October 31, 2023.

Key Points: 
  • HOUSTON, Sept. 22, 2023 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE:WSR) (“Whitestone” or the “Company”) today announced that it will release its financial results for the third quarter ended September 30, 2023 after the market close on Tuesday, October 31, 2023.
  • The Company will host a webcast and conference call to discuss the results on Wednesday, November 1, 2023, at 8:00 A.M. Eastern Time.
  • The webcast and conference call access information is as follows:
    Dial-in number for domestic participants:
    Dial-in number for international participants:
    The conference call will be recorded, and a telephone replay will be available through Aug 16, 2023.
  • Replay access information is as follows:
    Replay number for domestic participants:
    Replay number for international participants:
    To listen to a live webcast of the conference call, please visit Whitestone's investor relations website , and then click on the webcast link.

Whitestone REIT Declares Fourth Quarter 2023 Dividend

Retrieved on: 
Wednesday, September 6, 2023

HOUSTON, Sept. 06, 2023 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) today announced that its Board of Trustees has declared a monthly cash dividend of $0.04 per share on the Company's common shares and operating partnership units for the fourth quarter of 2023.

Key Points: 
  • HOUSTON, Sept. 06, 2023 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) today announced that its Board of Trustees has declared a monthly cash dividend of $0.04 per share on the Company's common shares and operating partnership units for the fourth quarter of 2023.
  • The dividend increase represents a quarterly amount of $0.12 per share, and an annualized amount of $0.48 per share.
  • “At Whitestone, we are successfully executing on our growth strategy and continue to drive very strong leasing spreads while posting near-record occupancy, as we shared during our 2nd quarter earnings call,” said Dave Holeman, Whitestone’s CEO.
  • “We remain focused on FFO per share growth and simultaneously strengthening our balance sheet.”
    The fourth quarter dividend distribution for 2023 will be as detailed below:

Whitestone REIT Reports Second Quarter 2023 Results

Retrieved on: 
Tuesday, August 1, 2023

As of June 30, 2023, Whitestone wholly owned 56 Community-Centered Properties™ with 5.0 million square feet of gross leasable area ("GLA").

Key Points: 
  • As of June 30, 2023, Whitestone wholly owned 56 Community-Centered Properties™ with 5.0 million square feet of gross leasable area ("GLA").
  • The portfolio is comprised of 29 properties in Texas, 26 in Arizona and 1 in Illinois.
  • A replay of the call will be available on Whitestone’s website via the webcast link until the Company’s next earnings release.
  • Dial-in number for domestic participants:
    Dial-in number for international participants:
    The conference call will be recorded, and a telephone replay will be available through Wednesday, August 16, 2023.

Whitestone REIT Announces Second Quarter 2023 Earnings Webcast and Conference Call

Retrieved on: 
Thursday, June 29, 2023

HOUSTON, June 29, 2023 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE:WSR) (“Whitestone” or the “Company”) today announced that it will release its financial results for the second quarter ended June 30, 2023, after the market close on Tuesday, August 1, 2023.

Key Points: 
  • HOUSTON, June 29, 2023 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE:WSR) (“Whitestone” or the “Company”) today announced that it will release its financial results for the second quarter ended June 30, 2023, after the market close on Tuesday, August 1, 2023.
  • The Company will host a webcast and conference call to discuss the results on Wednesday, August 2, 2023, at 8:00 A.M. Eastern Time.
  • The webcast and conference call access information is as follows:
    Dial-in number for domestic participants:
    Dial-in number for international participants:
    The conference call will be recorded, and a telephone replay will be available through Aug 16, 2023.
  • Replay access information is as follows:
    Replay number for domestic participants:
    Replay number for international participants:
    To listen to a live webcast of the conference call, please visit Whitestone's investor relations website , and then click on the webcast link.

Whitestone REIT Acquires Arcadia Towne Center

Retrieved on: 
Tuesday, June 13, 2023

HOUSTON, June 13, 2023 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE:WSR) (“Whitestone” or the “Company”) today announced the acquisition of Arcadia Towne Center in Phoenix, Arizona for $25.3 million.

Key Points: 
  • HOUSTON, June 13, 2023 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE:WSR) (“Whitestone” or the “Company”) today announced the acquisition of Arcadia Towne Center in Phoenix, Arizona for $25.3 million.
  • Arcadia is an affluent neighborhood surrounded by Camelback, Scottsdale, Paradise Valley and Tempe.
  • The center expands Whitestone’s footprint into prime Phoenix submarkets and is anchored by a top performing Safeway.
  • Center traffic is driven not only by the surrounding neighborhood, with a 1-mile average household income of $165,000, but by nearby Arcadia High School, with approximately 1,500 students.

Whitestone REIT to Present at Nareit’s REITweek 2023 Investor Conference

Retrieved on: 
Thursday, June 1, 2023

HOUSTON, June 01, 2023 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) today announced that CEO Dave Holeman, COO Christine Mastandrea and CFO Scott Hogan will participate in a “Fireside Chat” at the Nareit REITweek Investor Conference.

Key Points: 
  • HOUSTON, June 01, 2023 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) today announced that CEO Dave Holeman, COO Christine Mastandrea and CFO Scott Hogan will participate in a “Fireside Chat” at the Nareit REITweek Investor Conference.
  • The discussion will be moderated by Anthony Hau, Vice President of Equity Research for Truist Securities.

Whitestone REIT Elects New Board Member, Julia Buthman

Retrieved on: 
Thursday, May 18, 2023

HOUSTON, May 18, 2023 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE:WSR) (“Whitestone” or the “Company”) announces the addition of Julia Buthman to the Company’s Board of Trustees, elected May 12th at Whitestone’s annual shareholder’s meeting.

Key Points: 
  • HOUSTON, May 18, 2023 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE:WSR) (“Whitestone” or the “Company”) announces the addition of Julia Buthman to the Company’s Board of Trustees, elected May 12th at Whitestone’s annual shareholder’s meeting.
  • Julia is a seasoned investment professional with more than 35 years of investing in senior debt, subordinated debt and structured equity.
  • “Julia’s election to the Whitestone board adds to the board’s already strong depth of experience,” stated Chairman of the Board, David Taylor.
  • “The appointment of Julia to our board reaffirms our commitment to institutional-quality ESG standards and the emphasis we place on female representation,” commented Dave Holeman, CEO.