Profile: Whitestone REIT (WSR.N)
15.92USD
1 Aug 2013
$-0.26 (-1.61%)
$16.18
$16.30
$16.30
$15.86
13,145
25,993
$17.84
$12.08
Whitestone REIT is a real estate investment trust (REIT) engaged in owning and operating commercial properties in culturally diverse markets in the metropolitan areas. The Company is internally managed and owns a real estate portfolio of 36 properties containing approximately three million square feet of leasable space, located in Texas, Arizona and Illinois. As of December 31, 2009, the Company had one property, which accounted for more than 10% of the total gross revenue and leasing of the properties. In December 2011, the Company announced that it had closed on the purchase of Phase I of Pinnacle of Scottsdale, a 113,108 square foot 100% leased Class A Community Center in North Scottsdale. In December 2011, it purchased shops at Starwood. In August 2012, the Company closed on the purchase of Paradise Plaza, a 125,898 square foot 100%-leased Community Center in Paradise Valley. In September 2012, the Company purchased Village Square at Dana Park, a 310,979 square foot Community Center located in the Mesa submarket of Phoenix, plus six developed pads (total of 2.9 acres) and the adjacent 4.7 acre parcel of development land to add another 200,000 square feet of leasable space. In December 2012, the Company closed on the off-market purchase of The Shops at Pecos Ranch. In April 2013, it closed on the off-market purchase of Headquarters Village, a 89,134 square foot (sf) Community Center located within the Preston Road retail corridor in Plano, Texas. Effective July 1, 2013, Whitestone REIT acquired Anthem Marketplace.
As of December 31, 2009, the Company owned a 64.7% interest in Whitestone REIT Operating Partnership, L.P. (the Operating Partnership). As of December 31, 2009, the Company owned a real estate portfolio consisting of 36 properties located in three states. As of December 31, 2009, the occupancy rate at the operating properties was 82% based on leasable square footage.
Company Address
Whitestone REIT
Suite 500, 2600 S. Gessner
HOUSTON TX 77063
P: +1713.8279595
F: +1713.4658847
Company Web Links
| Name | Compensation |
|---|---|
James Mastandrea |
334,617 |
David Holeman |
154,875 |
John Dee |
183,372 |
Daniel Nixon |
164,391 |
Daryl Carter |
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