HOUSTON--(BUSINESS WIRE)--
Whitestone REIT (NYSE: WSR ) (“Whitestone” or the “Company”), a
real estate investment trust that acquires, owns and operates Community
Centered PropertiesTM, today announced the addition of Kyle
A. Miller as Vice President of Operations. Miller was previously the
Senior Vice President, Development & Investment, for Trammell Crow
Company, a national real estate and investment company wholly owned by
CB Richard Ellis. Additionally, he is currently a lecturer in Real
Estate Finance at the Bauer College of Business at the University of
Houston, where he was selected to the University of Houston Real Estate
Advisory Council.
As VP of Operations, Kyle will oversee the Company’s corporate
operations activities nationally, including new construction and
implementation of Whitestone’s Community Centered Property business
strategy of Creating Communities in underserved ethnic neighborhoods in
major cities, and cities with growing populations and strong
demographics, particularly in the south and southwest parts of the
United States. Mr. Miller will be a member of the senior management team
and have a leadership role in directing and optimizing property
management and leasing activities.
Kyle graduated from the U.S. Naval Academy with a Bachelor’s degree in
Systems Engineering and received his MBA from Stanford Graduate School
of Business. He served in various roles as an aviator in the United
States Navy, ultimately attaining the rank of Lieutenant Commander.
During his nine years of military leadership, he had responsibilities in
Operations Management, Training and Development, Aviation Maintenance
and as a Flight Instructor. As a Mission Commander he planned, briefed
and led over 65 combat missions in support of ground forces in Kosovo,
Iraq, and Afghanistan, and was selected as a Naval Fighter Weapons
School TOPGUN instructor. Following graduate school, Kyle joined
Trammell Crow Company in Houston, Texas and spent seven years in real
estate as a Senior Vice President, Development and Investment.
“Kyle has proven management and leadership capabilities, and we welcome
him as a member of our senior management team,” said James C.
Mastandrea, Whitestone REIT’s Chairman and Chief Executive Officer.
“Kyle’s experience in successfully leading complex operations, ability
to work with people, and his extended knowledge of processes, systems,
and real estate will be an asset to Whitestone as we enter the next
stage of high level rapid expansion and profitable growth.”
About Whitestone REIT
Whitestone REIT (NYSE: WSR) is a fully integrated real estate company
that owns, operates and redevelops 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 concentrated on service
offerings including medical, education, and casual dining. As of
December 31, 2012, the largest of its approximately 1,100 tenants
comprises less than 1.2% of its rental revenues. Headquartered in
Houston, Texas and founded in 1998, the Company is internally managed
with a portfolio of commercial properties in Texas, Arizona and
Illinois. For additional information about the Company, please visit www.whitestonereit.com.
Forward-Looking Statements
Statements included herein that state Whitestone’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. You should not rely on our
forward-looking statements because the matters they describe are subject
to known and unknown risks and uncertainties, and the Company's actual
results, performance or achievements could differ materially from those
expressed or implied by these statements. Such risks are set forth under
the captions "Item 1A. Risk Factors" and "Forward-Looking Statements" in
our annual report on Form 10-K and under the caption "Item 2.
Management's Discussion and Analysis of Financial Condition and Results
of Operations" (or similar captions) in our quarterly reports on Form
10-Q, and as described in our other filings with the Securities and
Exchange Commission. Forward-looking statements speak only as of the
dates on which they are made, and the Company undertakes no obligation
to update publicly or revise any guidance or other forward-looking
statement, whether as a result of new information, future developments,
or otherwise.
Whitestone REIT:
David K. Holeman, (713) 435 2227
Chief
Financial Officer
ir@whitestonereit.com
Source: Whitestone REIT