Capital Offerings Profile

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Company NameWhitestone REIT
Offering TypeCommon Stock - Other
DescriptionCommon Shares
ISINUS9660842041
Currency of IssueUSD
Trading Symbol (Exchange)WSR (NYSE)
 
Announcement Date6/4/2015
Completion Date12/31/2017
Shelf Filing Date4/29/2015
 
144a?No
Mandatory Redemption?No
Convertible?Yes
Exchange for Existing Issue?No

Use of Proceeds
The company will contribute net proceeds from this offering to its operating partnership in exchange for OP units. The company's operating partnership intends to use the net proceeds from this offering for general corporate purposes, which may include acquisitions of additional properties, the repayment of outstanding indebtedness, capital expenditures, the expansion, redevelopment and/or re-tenanting of properties in its portfolio, working capital and other general purposes. Pending application of cash proceeds, the company's operating partnership will invest the net proceeds from this offering in interest-bearing accounts and short-term, interest-bearing securities in a manner that is consistent with the company's intention to maintain the company's qualification as a REIT.

Pricing
Gross Amount Offered ($000)10,739
Amount Including Overallotment ($000)10,739
Shares Offered756,736
Total Shares Offered756,736
Original Shelf Value ($000)204,260

Underwriting Fees
Gross Spread (%)2.00

UnderwritersShares UnderwrittenAmount Underwritten($000)
Selling Agent(s)
  B. Riley Wealth Management, Inc.--
  BMO Capital Markets Corp.--
  JMP Securities LLC--
  Ladenburg Thalmann & Co. Inc.--
  Robert W. Baird & Co. Incorporated--
  Wells Fargo Securities, LLC--

Professionals
Issuer's CounselMorrison & Foerster LLP
Underwriter's CounselHunton Andrews Kurth LLP
Auditor(s)Pannell Kerr Forster of Texas, P.C.
Clearing House(s)Depository Trust Company

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