Whitestone REIT (WSR) Tops Q4 EPS by 23c

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Go back to Whitestone REIT (WSR) Tops Q4 EPS by 23c

Whitestone REIT Reports Fourth Quarter and Full Year 2022 Results

February 28, 2023 4:18 PM EST

HOUSTON, Feb. 28, 2023 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (Whitestone or the Company) today announced its operating and financial results for the fourth quarter and full year of 2022. Whitestone creates neighborhood center communities in its high-quality open-air shopping centers that it acquires, owns, manages, develops, and redevelops primarily in the largest, fastest-growing, high-household-income markets in the Sunbelt.

2022 was an outstanding year of achievement for Whitestone.  We grew occupancy by 240 basis points to a record 93.7%.  Same store NOI was up 7.9%.  We grew FFO/share by nearly 20% and reduced our... More