Whitestone REIT Strengthens Leadership with New Houston Director
Whitestone REIT Welcomes New Leadership
Whitestone REIT (NYSE: WSR), a well-known owner and operator of open-air shopping centers, has made a strategic move by appointing Felice Terrigno as the Houston Division Director. Known for its community-centered approach, Whitestone REIT continues to focus on enhancing its leasing team by bringing onboard talented professionals like Terrigno to further its mission.
Experience in Real Estate
Felice Terrigno comes to Whitestone REIT with significant experience in the real estate sector. For the last seven years, he worked at SDI Realty Advisors in Houston, where he played a crucial role in maximizing the occupancy and value of retail shopping centers. His expertise in securing the right tenant mix and negotiating leases has been pivotal in enhancing property performance.
Strategic Vision for the Houston Portfolio
In his new role, Terrigno will oversee the leasing strategies related to Whitestone's Houston properties, which are known for their high-quality, open-air retail environments. His efforts will be instrumental in evaluating and implementing effective leasing strategies that align with market trends and tenant expectations.
Educational Background and Military Service
Terrigno's strong educational background complements his real estate expertise. He graduated from the United States Military Academy with a degree in Business Administration and a minor in Nuclear Engineering. His commitment to excellence continued as he served as a Second Lieutenant in the Army before advancing to Captain in Special Forces, showcasing his leadership and discipline.
Passion for Commercial Real Estate
Following his military career, he refined his knowledge of finance at the Jesse H. Jones Graduate School of Business at Rice University. This combination of military and academic experience is expected to provide Whitestone with unique insights into strategic growth and operational efficiencies within the retail real estate sector.
Comments from Leadership
Christine Mastandrea, President and COO of Whitestone REIT, expressed strong confidence in Terrigno’s abilities. She remarked on how his meticulous attention to detail and diverse background are valuable assets. Mastandrea highlighted Terrigno’s potential to greatly contribute to both the growth of Whitestone and the enhancement of customer experiences within their retail centers.
Terrigno’s Excitement for the Role
Commenting on his new position, Terrigno stated his enthusiasm for collaborating closely with the team at Whitestone. He recognizes the company’s reputable standing in the industry and is eager to combine his leasing expertise with the organization's core values to increase revenue and deliver value to shareholders.
About Whitestone REIT
Whitestone REIT (NYSE: WSR) is known for its community-centric real estate initiatives, focusing on acquiring, operating, and managing retail centers that provide essential services to rapidly growing markets. Their commitment to convenience and community ensures a favorable tenant mix, enhancing the shopping experience for customers.
Future Growth and Expansion
As Whitestone continues to expand, the company remains dedicated to fostering strong relationships with tenants and engaging with the communities it serves. The collective goal is to create dynamic shopping environments that respond to evolving consumer needs.
Frequently Asked Questions
What is Whitestone REIT?
Whitestone REIT (NYSE: WSR) is a real estate investment trust that focuses on managing and developing open-air retail centers in several high-growth markets.
Who is Felice Terrigno?
Felice Terrigno is the newly appointed Houston Division Director at Whitestone REIT, bringing extensive experience in leasing and retail management.
What is the significance of Terrigno's appointment?
Terrigno’s appointment is significant as it underscores Whitestone REIT's commitment to enhancing its leasing strategy and portfolio management in Houston.
What educational background does Terrigno have?
Terrigno holds a degree in Business Administration from the United States Military Academy and an MBA from Rice University.
How does Whitestone REIT impact local communities?
Whitestone REIT impacts local communities by developing retail centers that provide essential services, fostering community engagement, and tenant relationships.
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