Whitestone REIT (WSR) 14.52 $WSR
Whitestone REIT Welcomes Dennis Younes as Director of Leasing - Houston
GlobeNewswire - Tue Aug 23, 5:00AM CDT
Whitestone REIT (NYSE:WSR) ("Whitestone" or the "Company"
is pleased to announce the appointment of Dennis Younes, a 26-year commercial real estate veteran, to the position of Director of Leasing - Houston. As Director of Leasing for the Houston market, Mr. Younes is responsible for leading the leasing team to source the right tenant mix to meet the needs of the community.
WSR: 14.52 (+0.09)
Whitestone REIT's Sunset at Pinnacle Peak Property Drives Occupancy to 96% from 66% with "Internet-Resistant" Tenants; Property Net Operating Income Increases 43%
GlobeNewswire - Mon Aug 15, 5:00AM CDT
Whitestone REIT (NYSE:WSR) ("Whitestone" or the "Company" today announced that the transformation and repositioning of its Sunset at Pinnacle Peak property in North Scottsdale has substantially increased the occupancy to 96% from 66% at the time the property was acquired in May 2012. Over the same period, net operating income for the property has grown by 43%. The Community Centered Propertywas acquired out of foreclosure for $154 per square foot, which was a significant discount to the estimated replacement cost of over $300 per square foot, enjoys a highly visible location at the intersection of Miller Road and Pinnacle Peak Road in North Scottsdale. Sunset also benefits from Whitestone's dominant market position in the area with ownership of over 250,000 square feet in its four Community Centered Properties located within a two-mile stretch of Pinnacle Peak Road from Pima Road west to Scottsdale Road.
WSR: 14.52 (+0.09)
Whitestone REIT Reports Second Quarter Results; "Internet-Resistant" Business Model Produces Strong Year-Over-Year Increase of 14.4% in Revenues
GlobeNewswire - Wed Jul 27, 3:05PM CDT
Whitestone REIT (NYSE:WSR) ("Whitestone" or the "Company" today announced operating results for the second quarter ended June 30, 2016. All per share amounts presented in this news release are on a diluted per common share and operating partnership ("OP" unit basis unless stated otherwise.
WSR: 14.52 (+0.09)
Why REITs Are Preferred Investments Right Now
Zacks Equity Research - Zacks Investment Research - Wed Jun 15, 3:39PM CDT
Why REITs Are Preferred Investments Right Now
MPW: 15.21 (+0.16), IVR: 15.93 (+0.30), ROIC: 22.60 (+0.39), AHH: 14.21 (+0.37), APLE: 18.74 (-0.20), PSB: 113.13 (+2.42), CLI: 28.52 (+0.68), COR: 79.59 (+0.84), WSR: 14.52 (+0.09), UE: 29.12 (+0.50), ELS: 78.86 (+0.96), EDR: 45.67 (+0.46), CTRE: 15.25 (+0.46), DCT: 49.20 (+0.64), INN: 13.94 (-0.22), KIM: 30.16 (+0.16), BFS: 67.65 (+1.22), WPC: 66.52 (+0.68), TWO: 9.05 (+0.18)
Whitestone REIT's Board of Trustees Declares Third Quarter 2016 Dividend; Company Posts Updated Investor Presentation to the IR Section of Its Website
GlobeNewswire - Mon Jun 06, 4:19PM CDT
Whitestone REIT (NYSE:WSR) ("Whitestone" or the "Company" today announced that its Board of Trustees has declared a quarterly cash dividend for the 2016 third quarter of 28.5 cents per share on the Company's common stock and Operating Partnership units. The third quarter dividend will be paid in three installments of 9.5 cents each in July, August and September. The record and payment dates for the third quarter period are as follows:
WSR: 14.52 (+0.09)
Vornado Closes Manhattan Building Financing, Sells Stake
Zacks Equity Research - Zacks Investment Research - Mon Jun 06, 8:15AM CDT
Vornado Realty Trust (VNO) recently sold a 47% stake in a Manhattan office building at a value of $561 million and also completed a $300 million recourse financing of this asset.
VNO: 103.74 (+0.79), PSB: 113.13 (+2.42), CLI: 28.52 (+0.68), WSR: 14.52 (+0.09)
First Potomac (FPO) to Sell Storey Park in Washington, D.C.
Zacks Equity Research - Zacks Investment Research - Wed Jun 01, 9:12AM CDT
First Potomac Realty Trust (FPO) is set to sell Storey Park, a development site located in the NoMa submarket of Washington, D.C., for gross proceeds of $54.5 million.
FPO: 10.38 (+0.34), PSB: 113.13 (+2.42), CLI: 28.52 (+0.68), WSR: 14.52 (+0.09)
Rayonier (RYN) to Gain from Portfolio Revamp: Time to Hold?
Zacks Equity Research - Zacks Investment Research - Fri May 27, 8:50AM CDT
We updated our research report on Rayonier Inc. (RYN) on May 26, 2016.
DCT: 49.20 (+0.64), RYN: 27.90 (+0.26), PSB: 113.13 (+2.42), WSR: 14.52 (+0.09)
Sovran Self Storage Gets Gross $690M from Stock Offering
Zacks Equity Research - Zacks Investment Research - Thu May 26, 9:48AM CDT
Sovran Self Storage, Inc. (SSS) raked in $690 million in gross proceeds from a public offering of 6.9 million shares at $100.00 per share.
DCT: 49.20 (+0.64), PSB: 113.13 (+2.42), SSS: 92.21 (-0.32), WSR: 14.52 (+0.09)
Boston Properties Confirms Colorado Center Stake Buyout
Zacks Equity Research - Zacks Investment Research - Wed May 25, 10:00AM CDT
Boston Properties Inc. (BXP) disclosed the signing of a binding agreement to acquire a 49.8% stake in Colorado Center in Santa Monica, CA.
BX: 26.88 (-0.05), BXP: 142.30 (+1.24), PSB: 113.13 (+2.42), WSR: 14.52 (+0.09)
Kilroy Realty (KRC) Rewards Investors with Dividend Hike
Zacks Equity Research - Zacks Investment Research - Mon May 23, 6:57AM CDT
The board of directors of Kilroy Realty Corp. (KRC) announced a 7.1% sequential hike in its quarterly cash dividend.
KRC: 72.40 (+0.48), WSR: 14.52 (+0.09), GLPI: 34.47 (+0.30), BOXC: 21.80 (+0.17)
Washington REIT Closes Riverside Apartments Acquisition
Zacks Equity Research - Zacks Investment Research - Mon May 23, 5:37AM CDT
Washington REIT (WRE) disclosed the completion of the previously announced Riverside Apartments acquisition in Alexandria, VA for $244.8 million.
DCT: 49.20 (+0.64), WRE: 32.75 (+0.43), PSB: 113.13 (+2.42), WSR: 14.52 (+0.09)
Cousins Inks Lease Deals for Atlanta's 191 Peachtree Tower
Zacks Equity Research - Zacks Investment Research - Mon May 23, 5:30AM CDT
Cousins Properties Incorporated (CUZ) disclosed the signing of two new leases at One Ninety One Peachtree Tower in Atlanta.
CUZ: 11.17 (+0.17), PSB: 113.13 (+2.42), WSR: 14.52 (+0.09), PKY: 18.19 (+0.28)
Is Boston Properties Buying Blackstone's Los Angeles Stake?
Zacks Equity Research - Zacks Investment Research - Fri May 20, 8:48AM CDT
Boston Properties Inc. (BXP) has agreed to purchase a 50% interest in Santa Monica's office complex, Colorado Center, from Blackstone Group L.P. (BX).
BX: 26.88 (-0.05), BXP: 142.30 (+1.24), PSB: 113.13 (+2.42), WSR: 14.52 (+0.09)
Terreno Realty Leases 221K Square Feet in New Jersey
Zacks Equity Research - Zacks Investment Research - Thu May 19, 4:12PM CDT
Terreno Realty Corporation (TRNO) has made the announcement of executing a lease deal at an Interstate property in South Brunswick, NJ.
TRNO: 27.16 (+0.30), WSR: 14.52 (+0.09), GLPI: 34.47 (+0.30), BOXC: 21.80 (+0.17)
SL Green, Vornado Close Refinancing for Manhattan JV Asset
Zacks Equity Research - Zacks Investment Research - Thu May 19, 8:09AM CDT
SL Green Realty Corp. (SLG) and Vornado Realty Trust (VNO) completed the $900 million refinancing of a Manhattan office building that is held in JV by the two REITs.
VNO: 103.74 (+0.79), SLG: 116.77 (+1.24), PSB: 113.13 (+2.42), WSR: 14.52 (+0.09)
Outfront Media Launches ON Smart Platform in Minneapolis
Zacks Equity Research - Zacks Investment Research - Thu May 19, 6:01AM CDT
Outfront Media Inc. (OUT) has launched ON Smart Media platform in the Minneapolis and St. Paul skyway systems.
OUT: 22.32 (+0.22), WSR: 14.52 (+0.09), GLPI: 34.47 (+0.30), BOXC: 21.80 (+0.17)
Welltower (HCN) Expands Credit Facility to $3.7 Billion
Zacks Equity Research - Zacks Investment Research - Tue May 17, 7:00AM CDT
Welltower Inc. (HCN) has expanded its existing $3.2 billion credit facility with a new unsecured facility of $3.7 billion.
HCN: 76.70 (+0.27), WSR: 14.52 (+0.09), GLPI: 34.47 (+0.30), BOXC: 21.80 (+0.17)
Diamondrock Hospitality Pays Off $48M Mortgage Loan
Zacks Equity Research - Zacks Investment Research - Tue May 17, 6:35AM CDT
Diamondrock Hospitality Co.(DRH) announced the full repayment of the mortgage loan secured by Courtyard Manhattan Fifth Avenue.
WSR: 14.52 (+0.09), GLPI: 34.47 (+0.30), DRH: 10.12 (unch), BOXC: 21.80 (+0.17)
Winthrop Realty (FUR) Divests North Carolina Assets
Zacks Equity Research - Zacks Investment Research - Mon May 16, 6:52AM CDT
Winthrop Realty Trust (FUR) has made the announcement of selling its Greensboro, NC-based 284 unit multi-family property.
FUR: 9.33 (+0.19), WSR: 14.52 (+0.09), GLPI: 34.47 (+0.30), BOXC: 21.80 (+0.17)
Whitestone REIT Welcomes Dennis Younes as Director of Leasing - Houston
GlobeNewswire - Tue Aug 23, 5:00AM CDT
Whitestone REIT (NYSE:WSR) ("Whitestone" or the "Company"
is pleased to announce the appointment of Dennis Younes, a 26-year commercial real estate veteran, to the position of Director of Leasing - Houston. As Director of Leasing for the Houston market, Mr. Younes is responsible for leading the leasing team to source the right tenant mix to meet the needs of the community. WSR: 14.52 (+0.09)
Whitestone REIT's Sunset at Pinnacle Peak Property Drives Occupancy to 96% from 66% with "Internet-Resistant" Tenants; Property Net Operating Income Increases 43%
GlobeNewswire - Mon Aug 15, 5:00AM CDT
Whitestone REIT (NYSE:WSR) ("Whitestone" or the "Company"
today announced that the transformation and repositioning of its Sunset at Pinnacle Peak property in North Scottsdale has substantially increased the occupancy to 96% from 66% at the time the property was acquired in May 2012. Over the same period, net operating income for the property has grown by 43%. The Community Centered Propertywas acquired out of foreclosure for $154 per square foot, which was a significant discount to the estimated replacement cost of over $300 per square foot, enjoys a highly visible location at the intersection of Miller Road and Pinnacle Peak Road in North Scottsdale. Sunset also benefits from Whitestone's dominant market position in the area with ownership of over 250,000 square feet in its four Community Centered Properties located within a two-mile stretch of Pinnacle Peak Road from Pima Road west to Scottsdale Road. WSR: 14.52 (+0.09)
Whitestone REIT Reports Second Quarter Results; "Internet-Resistant" Business Model Produces Strong Year-Over-Year Increase of 14.4% in Revenues
GlobeNewswire - Wed Jul 27, 3:05PM CDT
Whitestone REIT (NYSE:WSR) ("Whitestone" or the "Company"
today announced operating results for the second quarter ended June 30, 2016. All per share amounts presented in this news release are on a diluted per common share and operating partnership ("OP" unit basis unless stated otherwise. WSR: 14.52 (+0.09)
Why REITs Are Preferred Investments Right Now
Zacks Equity Research - Zacks Investment Research - Wed Jun 15, 3:39PM CDT
Why REITs Are Preferred Investments Right Now
MPW: 15.21 (+0.16), IVR: 15.93 (+0.30), ROIC: 22.60 (+0.39), AHH: 14.21 (+0.37), APLE: 18.74 (-0.20), PSB: 113.13 (+2.42), CLI: 28.52 (+0.68), COR: 79.59 (+0.84), WSR: 14.52 (+0.09), UE: 29.12 (+0.50), ELS: 78.86 (+0.96), EDR: 45.67 (+0.46), CTRE: 15.25 (+0.46), DCT: 49.20 (+0.64), INN: 13.94 (-0.22), KIM: 30.16 (+0.16), BFS: 67.65 (+1.22), WPC: 66.52 (+0.68), TWO: 9.05 (+0.18)
Whitestone REIT's Board of Trustees Declares Third Quarter 2016 Dividend; Company Posts Updated Investor Presentation to the IR Section of Its Website
GlobeNewswire - Mon Jun 06, 4:19PM CDT
Whitestone REIT (NYSE:WSR) ("Whitestone" or the "Company"
today announced that its Board of Trustees has declared a quarterly cash dividend for the 2016 third quarter of 28.5 cents per share on the Company's common stock and Operating Partnership units. The third quarter dividend will be paid in three installments of 9.5 cents each in July, August and September. The record and payment dates for the third quarter period are as follows: WSR: 14.52 (+0.09)
Vornado Closes Manhattan Building Financing, Sells Stake
Zacks Equity Research - Zacks Investment Research - Mon Jun 06, 8:15AM CDT
Vornado Realty Trust (VNO) recently sold a 47% stake in a Manhattan office building at a value of $561 million and also completed a $300 million recourse financing of this asset.
VNO: 103.74 (+0.79), PSB: 113.13 (+2.42), CLI: 28.52 (+0.68), WSR: 14.52 (+0.09)
First Potomac (FPO) to Sell Storey Park in Washington, D.C.
Zacks Equity Research - Zacks Investment Research - Wed Jun 01, 9:12AM CDT
First Potomac Realty Trust (FPO) is set to sell Storey Park, a development site located in the NoMa submarket of Washington, D.C., for gross proceeds of $54.5 million.
FPO: 10.38 (+0.34), PSB: 113.13 (+2.42), CLI: 28.52 (+0.68), WSR: 14.52 (+0.09)
Rayonier (RYN) to Gain from Portfolio Revamp: Time to Hold?
Zacks Equity Research - Zacks Investment Research - Fri May 27, 8:50AM CDT
We updated our research report on Rayonier Inc. (RYN) on May 26, 2016.
DCT: 49.20 (+0.64), RYN: 27.90 (+0.26), PSB: 113.13 (+2.42), WSR: 14.52 (+0.09)
Sovran Self Storage Gets Gross $690M from Stock Offering
Zacks Equity Research - Zacks Investment Research - Thu May 26, 9:48AM CDT
Sovran Self Storage, Inc. (SSS) raked in $690 million in gross proceeds from a public offering of 6.9 million shares at $100.00 per share.
DCT: 49.20 (+0.64), PSB: 113.13 (+2.42), SSS: 92.21 (-0.32), WSR: 14.52 (+0.09)
Boston Properties Confirms Colorado Center Stake Buyout
Zacks Equity Research - Zacks Investment Research - Wed May 25, 10:00AM CDT
Boston Properties Inc. (BXP) disclosed the signing of a binding agreement to acquire a 49.8% stake in Colorado Center in Santa Monica, CA.
BX: 26.88 (-0.05), BXP: 142.30 (+1.24), PSB: 113.13 (+2.42), WSR: 14.52 (+0.09)
Kilroy Realty (KRC) Rewards Investors with Dividend Hike
Zacks Equity Research - Zacks Investment Research - Mon May 23, 6:57AM CDT
The board of directors of Kilroy Realty Corp. (KRC) announced a 7.1% sequential hike in its quarterly cash dividend.
KRC: 72.40 (+0.48), WSR: 14.52 (+0.09), GLPI: 34.47 (+0.30), BOXC: 21.80 (+0.17)
Washington REIT Closes Riverside Apartments Acquisition
Zacks Equity Research - Zacks Investment Research - Mon May 23, 5:37AM CDT
Washington REIT (WRE) disclosed the completion of the previously announced Riverside Apartments acquisition in Alexandria, VA for $244.8 million.
DCT: 49.20 (+0.64), WRE: 32.75 (+0.43), PSB: 113.13 (+2.42), WSR: 14.52 (+0.09)
Cousins Inks Lease Deals for Atlanta's 191 Peachtree Tower
Zacks Equity Research - Zacks Investment Research - Mon May 23, 5:30AM CDT
Cousins Properties Incorporated (CUZ) disclosed the signing of two new leases at One Ninety One Peachtree Tower in Atlanta.
CUZ: 11.17 (+0.17), PSB: 113.13 (+2.42), WSR: 14.52 (+0.09), PKY: 18.19 (+0.28)
Is Boston Properties Buying Blackstone's Los Angeles Stake?
Zacks Equity Research - Zacks Investment Research - Fri May 20, 8:48AM CDT
Boston Properties Inc. (BXP) has agreed to purchase a 50% interest in Santa Monica's office complex, Colorado Center, from Blackstone Group L.P. (BX).
BX: 26.88 (-0.05), BXP: 142.30 (+1.24), PSB: 113.13 (+2.42), WSR: 14.52 (+0.09)
Terreno Realty Leases 221K Square Feet in New Jersey
Zacks Equity Research - Zacks Investment Research - Thu May 19, 4:12PM CDT
Terreno Realty Corporation (TRNO) has made the announcement of executing a lease deal at an Interstate property in South Brunswick, NJ.
TRNO: 27.16 (+0.30), WSR: 14.52 (+0.09), GLPI: 34.47 (+0.30), BOXC: 21.80 (+0.17)
SL Green, Vornado Close Refinancing for Manhattan JV Asset
Zacks Equity Research - Zacks Investment Research - Thu May 19, 8:09AM CDT
SL Green Realty Corp. (SLG) and Vornado Realty Trust (VNO) completed the $900 million refinancing of a Manhattan office building that is held in JV by the two REITs.
VNO: 103.74 (+0.79), SLG: 116.77 (+1.24), PSB: 113.13 (+2.42), WSR: 14.52 (+0.09)
Outfront Media Launches ON Smart Platform in Minneapolis
Zacks Equity Research - Zacks Investment Research - Thu May 19, 6:01AM CDT
Outfront Media Inc. (OUT) has launched ON Smart Media platform in the Minneapolis and St. Paul skyway systems.
OUT: 22.32 (+0.22), WSR: 14.52 (+0.09), GLPI: 34.47 (+0.30), BOXC: 21.80 (+0.17)
Welltower (HCN) Expands Credit Facility to $3.7 Billion
Zacks Equity Research - Zacks Investment Research - Tue May 17, 7:00AM CDT
Welltower Inc. (HCN) has expanded its existing $3.2 billion credit facility with a new unsecured facility of $3.7 billion.
HCN: 76.70 (+0.27), WSR: 14.52 (+0.09), GLPI: 34.47 (+0.30), BOXC: 21.80 (+0.17)
Diamondrock Hospitality Pays Off $48M Mortgage Loan
Zacks Equity Research - Zacks Investment Research - Tue May 17, 6:35AM CDT
Diamondrock Hospitality Co.(DRH) announced the full repayment of the mortgage loan secured by Courtyard Manhattan Fifth Avenue.
WSR: 14.52 (+0.09), GLPI: 34.47 (+0.30), DRH: 10.12 (unch), BOXC: 21.80 (+0.17)
Winthrop Realty (FUR) Divests North Carolina Assets
Zacks Equity Research - Zacks Investment Research - Mon May 16, 6:52AM CDT
Winthrop Realty Trust (FUR) has made the announcement of selling its Greensboro, NC-based 284 unit multi-family property.
FUR: 9.33 (+0.19), WSR: 14.52 (+0.09), GLPI: 34.47 (+0.30), BOXC: 21.80 (+0.17)
