HOUSTON--(BUSINESS WIRE)--
The Board of Trustees ofWhitestone REIT (NYSE: WSR – “Whitestone”),
a fully integrated real estate company that owns, operates and
re-develops Community Centered PropertiesTM, which are
visibly located properties in established or developing culturally
diverse neighborhoods, announced today that it authorized its quarterly
cash dividend of $0.285 per common share and Operating Partnership
(“OP”) unit.
Whitestone declares quarterly distributions to holders of its common
shares and OP units, which are payable monthly in three installments of
$0.095 per common share and OP unit. The record and payment dates for
the first quarter 2013 period are shown in the following table:
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Month | | | | | | | Record Date | | | | | | | Payment Date |
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January
| | | | | | | 12/31/12 | | | | | | | 1/8/13 |
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February
| | | | | | | 1/31/13 | | | | | | | 2/8/13 |
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March
| | | | | | | 2/28/13 | | | | | | | 3/8/13 |
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About Whitestone REIT
Whitestone REIT is a fully integrated real estate company that owns,
operates and re-develops Community Centered PropertiesTM,
which are visibly located properties in established or developing
culturally diverse neighborhoods. Whitestone focuses on value-creation
in its Centers, as it markets, leases and manages its Centers to match
tenants with the shared needs of surrounding neighborhoods. Operations
are structured for providing cost-effective service to local
service-oriented smaller space tenants (less than 3,000 square feet).
Whitestone has a diversified tenant base, consisting of over 1,050
tenants, which concentrate on service offerings such as medical,
education, casual dining and convenience services. Headquartered in
Houston, Texas and founded in 1998, the Company is internally managed
with a portfolio of commercial Centers in Texas, Arizona, and Illinois.
For additional information about the Company, please visit www.whitestonereit.com.
The investor section of the Company's website has links to SEC filings,
news releases, financial reports and investor newsletters.
Forward-Looking Statements
Statements included herein that state the Company's or management's
intentions, hopes, beliefs, expectations or predictions of the future
are "forward-looking" statements within the meaning of the Private
Securities Litigation Reform Act of 1995, which by their nature, involve
known and unknown risks and uncertainties. The Company's actual results,
performance or achievements could differ materially from those expressed
or implied by these statements. Reference is made to the Company's
regulatory filings with the Securities and Exchange Commission for
information or factors that may impact the Company's performance.
Whitestone REIT
Anne Gregory, 713-435-2221
Vice
President Marketing & Investor Relations
ir@whitestonereit.com
Source: Whitestone REIT