Whitestone REIT (WSR) Acquires Scottsdale Commons
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Whitestone REIT Acquires Scottsdale Commons
April 9, 2024 8:00 AM EDTHOUSTON, April 09, 2024 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (Whitestone or the Company) today announced the acquisition of Scottsdale Commons in Scottsdale, Arizona for $22.2 million. Scottsdale Commons sits on the second most trafficked intersection in Scottsdale and acts as a gateway linking North Scottsdale and Paradise Valley. The 69,000 square foot center is 96.6% occupied with 20 tenants including Rosatis Chicago Pizza, specialty butcher Rusty Nail Meats, U.S. Egg, winner of Phoenix Magazines 2023 Best Breakfast Award, pet care service provider Companion Pet Partners and BevMo which serve a surrounding community with a 3-mile average household... More
