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Whitestone REIT Signs a Total of 21,563 SF of New and Renewal Leases at its Market Street at DC Ranch Property in Arizona; Securing Wells Fargo Advisors, PetSmart, and K2 Adventures Founda...

WHITESTONE REIT (WSR)  More Company Research Source: GlobeNewswire
Last whitestone reit earnings: 5/7 04:01 pm Check Earnings Report
US:NYSE Investor Relations: whitestonereit.com
PDF HOUSTON, Jan. 16, 2018 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE:WSR) (“Whitestone” or the “Company”) announces the signing of 21,563 total SF of new and renewal tenant leases in the first two weeks of January at its Market Street at DC Ranch property in Arizona. The renewal of Wells Fargo Advisors, the largest of the three tenants, will occupy 18,321 SF for the next five years. Pet Smart Grooming will be a new tenant occupying 1,879 SF, and K2 Development will be adding to its existing footprint and will now occupy 1,363 SF. The new tenants all fit with Whitestone’s E-Commerce Resistant business model, continue the transformation of the Community Center, contribute to an increased Base Rent per Leased Square Foot of 13.8% since the Company’s acquisition of the property in December of 2013, and bring total property occupancy to 92.6%. CEO CommentsRegarding the lease signings, Whitestone’s Chairman and Chief Executive Officer, James C. Mastandrea commented, “We are pleased that Well [Read more]

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