Whitestone REIT (WSR) Tops Q2 EPS by 10c, Revenues Beat; Raises FY18 EPS Outlook Above Consensus

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Whitestone REIT Reports Third Quarter 2018 Results

October 31, 2018 4:01 PM EDT

- Operating Portfolio Occupancy Increases 180 Basis Points from the Prior Year Quarter to 91.9% -- G&A Costs, as a Percentage of Revenue, Improve 150 Basis Points from the Prior Year Quarter -- Leasing Volume of 313,849 SF and $28.9 Million in Total Lease Value -- GAAP Rental Rates on Leases Signed in the Quarter Grow 15.5% on New and Renewal Leases -- Disposition of Legacy Houston Retail Center at a 6.7% Cap Rate -

HOUSTON, Oct. 31, 2018 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (Whitestone or the Company) today announced operating and financial results for the quarter ended September 30,... More