Whitestone owns 55 commercial properties in the high-growth Texas and Arizona markets, leasing primarily to non-discretionary and service-based tenants, supporting frequent lease renewals and higher rent escalations. Q1 revenue rose 2.2% YoY to $38 million, with strong leasing spreads due to shorter lease terms, despite a slight occupancy dip to 93%. Risks include geographic concentration, shor...
Tech stocks have been very rewarding in the last few years. REITs, on the other hand, have been very poor investments. But things are changing, and REITs are now beating Tech. Here's why.
HOUSTON, May 08, 2025 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE:WSR) (“Whitestone” or the “Company”), a neighborhood-focused owner and operator of open-air shopping centers in Texas and Arizona, today announced the acquisition of the 31,832-sqaure-foot, restaurant-anchored San Clemente at Davenport (“San Clemente”) in Austin, Texas, which is just minutes from the Apple and Tesla campuses and si...
Whitestone REIT (NYSE:WSR ) Q1 2025 Earnings Conference Call May 1, 2025 8:30 AM ET Company Participants David Mordy - Director of Investor Relations Dave Holeman - Chief Executive Officer Christine Mastandrea - Chief Operating Officer Scott Hogan - Chief Financial Officer Conference Call Participants Gaurav Mehta - Alliance Global Partners Mitch Germain - Citizens Capital Market John Massocca ...
HOUSTON, April 30, 2025 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) today announced its operating and financial results for the first quarter of 2025. 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...
REITs are priced at the lowest valuations since 2009. After a long bear market, REITs are getting ready to recover. Some REITs will richly reward shareholders. Here are 3 once-in-a-decade opportunities that we are accumulating.
HOUSTON, April 23, 2025 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR), a neighborhood-focused owner and operator of open-air shopping centers in Texas and Arizona, today announced that it has commenced a strategic redevelopment at Lion Square in Houston's Asiatown – part of the International Management District – that will transform the Sun Wing Supermarket-anchored center into a vibrant and ...
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