Articles from Whitestone REIT

HOUSTON, Jan. 29, 2025 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSEWSR) (“Whitestone” or the “Company”) released the federal income tax treatment of 2024 cash distributions to holders of common shares (CUSIP 966084204). The final classifications of the distributions for 2024, which will be reported on Form 1099-DIV, are as follows:

HOUSTON, Jan. 17, 2025 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSEWSR) (“Whitestone” or the “Company”) today announced that it will release its financial results for the fourth quarter ended December 31, 2024 after the market close on Monday, March 3, 2025.

HOUSTON, Dec. 17, 2024 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSEWSR) (“Whitestone” or the “Company”) is pleased to share the following CEO letter with shareholders:

Marks second agreement Whitestone has executed with the rapidly growing, High Value. Low Price. (HVLP)® fitness brand

HOUSTON, Dec. 04, 2024 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSEWSR) (“Whitestone” or the “Company”) today announced that its Board of Trustees has declared a monthly cash dividend of $0.045 per share on the Company's common shares and operating partnership units for the first quarter of 2025. The quarterly dividend amount of $0.135 per share represents a 9% increase from the previous quarterly dividend amount.

Veteran Real Estate C-Suite Executives Kristian M. Gathright and Donald A. Miller Bring Deep Industry Expertise and Financial and Operational Acumen

HOUSTON, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSEWSR) (“Whitestone” or the “Company”) provided the following response to MCB’s recent indication of interest:

HOUSTON, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSEWSR) (“Whitestone” or the “Company”) today announced its operating and financial results for the third quarter of 2024. Whitestone creates neighborhood center communities in its high-quality open-air shopping centers that it acquires, owns, manages, develops, and redevelops primarily in some of the largest, fastest-growing, high-household-income markets in the Sunbelt.

HOUSTON, Oct. 02, 2024 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSEWSR) (“Whitestone” or the “Company”) today announced that it will release its financial results for the third quarter ended September 30, 2024 after the market close on Wednesday, October 30, 2024.

HOUSTON, Sept. 04, 2024 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSEWSR) (“Whitestone” or the “Company”) today announced that its Board of Trustees has declared a monthly cash dividend of $0.04125 per share on the Company's common shares and operating partnership units for the fourth quarter of 2024. The dividend represents a quarterly amount of $0.12375 per share, and an annualized amount of $0.495 per share.

HOUSTON, July 31, 2024 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSEWSR) (“Whitestone” or the “Company”) today announced its operating and financial results for the second quarter of 2024. Whitestone creates neighborhood center communities in its high-quality open-air shopping centers that it acquires, owns, manages, develops, and redevelops primarily in some of the largest, fastest-growing, high-household-income markets in the Sunbelt.

HOUSTON, July 10, 2024 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSEWSR) (“Whitestone” or the “Company”) today announced that it will release its financial results for the second quarter ended June 30, 2024 after the market close on Wednesday, July 31, 2024.

HOUSTON, June 11, 2024 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSEWSR) (“Whitestone” or the “Company”) is pleased to announce that The Picklr has opened at Eldorado Plaza in McKinney, Texas. The Picklr is North America’s fastest-growing indoor pickleball franchise and it represents a strong upgrade in terms of tenant quality at the Trader Joe’s-anchored center. In addition to increasing Eldorado’s foot traffic, The Picklr helps the center better meet the needs of the surrounding community with a best in-class operator capitalizing on a sport designed to draw together people of all ages.      

HOUSTON, June 10, 2024 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSEWSR) (“Whitestone” or the “Company”) today announced that its Board of Trustees has declared a monthly cash dividend of $0.04125 per share on the Company's common shares and operating partnership units for the third quarter of 2024. The dividend represents a quarterly amount of $0.12375 per share, and an annualized amount of $0.495 per share.

Announces Board Leadership Changes

HOUSTON, May 29, 2024 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSEWSR) (“Whitestone” or the “Company”) today announced that CEO Dave Holeman will participate in a “Fireside Chat” at Nareit’s 2024 REITweek Investor Conference. Mr. Holeman will be hosted by Citizens JMP Analyst Mitch Germain.

HOUSTON, May 14, 2024 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSEWSR) (“Whitestone” or the “Company”) today announced that, based on the preliminary vote count at the Company’s 2024 Annual Meeting of Shareholders (the “Annual Meeting”), subject to the final certification of the voting results by the inspector of election, all six Whitestone’s nominees have been re-elected to the Whitestone Board of Trustees (the “Board”).

Whitestone’s Turnaround Strategy Has Been Successful Under New Board / Leadership Team

HOUSTON, May 07, 2024 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSEWSR) (“Whitestone” or the “Company”) today issued a shareholder letter from independent Board Chair David Taylor and Chair of the Nominating and Corporate Governance Committee, Nandita Berry.

Reflects Schanzer’s pattern of lies, deception and self-dealing

Pillarstone Breached the Implied Duty of Good Faith and Fair Dealing, Poison Pill Declared Unenforceable

HOUSTON, Dec. 13, 2023 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSEWSR) (“Whitestone” or the “Company”) announced today that, after careful review and consideration, the Board of Trustees of Whitestone has unanimously rejected a proposal by Bruce Schanzer, Chairman of Erez, demanding a majority change in our Board of Trustees with the sole purpose of embarking on an immediate sale or liquidation of Whitestone, without regard for maximizing long-term value for shareholders.

HOUSTON, Dec. 11, 2023 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSEWSR) (“Whitestone” or the “Company”) is pleased to announce that on Friday, December 8, 2023, the District Court in Harris County, Texas dismissed all claims made by former Whitestone CEO, James C. Mastandrea, against the Company and members of the Board of Trustees and management related to the termination of his employment. The lawsuit was filed by Mr. Mastandrea following his removal from the Company by the Board of Trustees in January 2022 claiming breach of his employment contract, negligence, tortious interference with contract, and civil conspiracy. Mr. Mastandrea was seeking a maximum of $25 million in damages and equitable relief.

HOUSTON, Dec. 05, 2023 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSEWSR) (“Whitestone” or the “Company”) today announced that its Board of Trustees has declared a monthly cash dividend of $0.04 per share on the Company's common shares and operating partnership units for the first quarter of 2024. The dividend increase represents a quarterly amount of $0.12 per share, and an annualized amount of $0.48 per share.

HOUSTON, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSEWSR) (“Whitestone” or the “Company”) is pleased to share leasing updates for two of its open-air shopping centers in Houston. The Company added Wild Fork, a modern-day meat and seafood market, at Lake Woodlands Crossing, bringing occupancy at the Total Wine anchored center to 100%. In addition, Whitestone added Vishala Foods, specializing in spices and produce used in Indian cuisine, at Sugar Park Plaza.

HOUSTON, Oct. 31, 2023 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSEWSR) (“Whitestone” or the “Company”) today announced its operating and financial results for the third quarter of 2023. 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.

Charitable event celebrates the successes of children and young adults with autism and special needs

HOUSTON, Sept. 22, 2023 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSEWSR) (“Whitestone” or the “Company”) today announced that it will release its financial results for the third quarter ended September 30, 2023 after the market close on Tuesday, October 31, 2023.

HOUSTON, Sept. 06, 2023 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSEWSR) (“Whitestone” or the “Company”) today announced that its Board of Trustees has declared a monthly cash dividend of $0.04 per share on the Company's common shares and operating partnership units for the fourth quarter of 2023. The dividend increase represents a quarterly amount of $0.12 per share, and an annualized amount of $0.48 per share.

HOUSTON, Aug. 01, 2023 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSEWSR) (“Whitestone” or the “Company”) today announced its operating and financial results for the second quarter of 2023. 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.

HOUSTON, June 29, 2023 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSEWSR) (“Whitestone” or the “Company”) today announced that it will release its financial results for the second quarter ended June 30, 2023, after the market close on Tuesday, August 1, 2023.

HOUSTON, June 13, 2023 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSEWSR) (“Whitestone” or the “Company”) today announced the acquisition of Arcadia Towne Center in Phoenix, Arizona for $25.3 million. Arcadia is an affluent neighborhood surrounded by Camelback, Scottsdale, Paradise Valley and Tempe. The center expands Whitestone’s footprint into prime Phoenix submarkets and is anchored by a top performing Safeway. The Safeway, with sales placing it within the top 10% of Arizona Safeways, is not part of the acquisition, but acts as a strong shadow anchor for the center. This will allow Whitestone to focus on aligning the non-anchor tenants to meet the needs of the surrounding community with service-oriented businesses.

HOUSTON, June 01, 2023 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSEWSR) (“Whitestone” or the “Company”) today announced that CEO Dave Holeman, COO Christine Mastandrea and CFO Scott Hogan will participate in a “Fireside Chat” at the Nareit REITweek Investor Conference. The discussion will be moderated by Anthony Hau, Vice President of Equity Research for Truist Securities.

HOUSTON, May 18, 2023 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSEWSR) (“Whitestone” or the “Company”) announces the addition of Julia Buthman to the Company’s Board of Trustees, elected May 12th at Whitestone’s annual shareholder’s meeting. Julia is a seasoned investment professional with more than 35 years of investing in senior debt, subordinated debt and structured equity. She is a former Managing Director at Prudential Private Capital and has extensive experience on both non-profit and for-profit boards.

HOUSTON, May 16, 2023 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSEWSR) (“Whitestone” or the “Company”) today announced that its Board of Trustees has declared a monthly cash dividend of $0.04 per share on the Company's common shares and operating partnership units for the third quarter of 2023. The dividend represents a quarterly amount of $0.12 per share, and an annualized amount of $0.48 per share.

HOUSTON, May 02, 2023 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSEWSR) (“Whitestone” or the “Company”) today announced its operating and financial results for the first quarter of 2023. 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.

HOUSTON, April 03, 2023 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSEWSR) (“Whitestone” or the “Company”) today announced that it will release its financial results for the first quarter ended March 31, 2023 after the market close on Tuesday, May 2, 2023.

HOUSTON, March 09, 2023 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSEWSR) (“Whitestone” or the “Company”) today announced that its Board of Trustees has declared a monthly cash dividend of $0.04 per share on the Company's common shares and operating partnership units for the second quarter of 2023. The dividend represents a quarterly amount of $0.12 per share, and an annualized amount of $0.48 per share.

HOUSTON, Feb. 28, 2023 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSEWSR) (“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.