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Whitestone REIT Reports Strong Fourth Quarter Results

March 1, 2017 4:05 PM EST

-Advances Transformation to Pure Play Retail REIT--Operating Portfolio Occupancy Increases 200 Basis Points--Annualized Base Rent Per Leased Squared Foot Grows 16% --Net Income of $0.01 per Share--Funds from Operations Core of $0.34 per Share--Introduces 2017 Full Year Guidance-

HOUSTON, March 01, 2017 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (Whitestone or the Company) today announced operating and financial results for the fourth quarter and year ended December 31, 2016.  Whitestone is a pure-play community-centered retail REIT that acquires, owns, manages, develops and redevelops high quality Ecommerce-resistant neighborhood, community and lifestyle retail centers principally located in the largest, fastest-growing and most... More