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Stock Market & Financial Investment News

News Breaks
December 27, 2012
19:19 EDTWSRWhitestone REIT closes acquisition of The Shops at Pecos Ranch for $18.95M
Whitestone REIT announced that it has closed on the off-market purchase of The Shops at Pecos Ranch, a 78,767 square foot 100% leased Community Center in Chandler, AZ, for $18.95M in an all-cash transaction. The center has in-place cash flow of approximately $1.6M, or 8.4% of the purchase price.
News For WSR From The Last 14 Days
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July 6, 2015
07:13 EDTWSRWhitestone REIT purchases two community service-oriented centers in Austin, TX
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June 23, 2015
09:07 EDTWSRWhitestone REIT 3.75M share Spot Secondary priced at $13.75
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June 22, 2015
19:00 EDTWSROn The Fly: After Hours Movers
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16:08 EDTWSRWhitestone REIT files to sell 3.75M shares of common stock
The operating partnership intends to use the net proceeds from the offering to repay a portion of outstanding indebtedness under Whitestone's unsecured revolving credit facility and for general corporate purposes, which may include acquisitions of additional properties, capital expenditures, the expansion, redevelopment and/or re-tenanting of properties in Whitestone's portfolio, working capital and other general purposes. JMP Securities LLC is acting as sole book-running manager of the offering.

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