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0 -0.000899280575539549 -0.00269784172661881 -0.00539568345323745 0 -0.000449640287769854 0.0017985611510791 0.00269784172661865
Stock impact report

Whitestone (WSR) Buys Scottsdale Commons for $22.2 Million [Yahoo! Finance]

Whitestone REIT Common Shares (WSR) 
Last whitestone reit common shares earnings: 2/26 04:15 pm Check Earnings Report
US:NYSE Investor Relations: whitestonereit.com
Company Research Source: Yahoo! Finance
The move comes as part of the company's capital recycling program that is aimed at improving the overall portfolio quality through targeted dispositions and the acquisition of greater long-term value properties. This 69,000-square-foot center is situated on the second most trafficked intersection in Scottsdale and acts as a gateway linking North Scottsdale and Paradise Valley. It is 96.6% occupied with 20 tenants. The tenant roster includes names like Rosati's Chicago Pizza, specialty butcher Rusty Nail Meats, U.S. Egg, pet care service provider Companion Pet Partners and BevMo. It enjoys solid trade area demographics with a three-mile average household income of $138k. With such an advantageous location, the property is expected to witness strong footfalls. According to Whitestone REIT COO, Christine Mastandrea, “We have a great team and a strong presence in the Scottsdale market. This acquisition is accretive on day one and we believe our team can add significant additional va Show less Read more
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