Company News: Page (1) of 1 - 07/21/14 Email this story to a friend. email article Print this page (Article printing at MyDmn.com).print page facebook

Whitestone REIT Welcomes Goodnight Pediatrics to Gilbert Tuscany Village

(July 21, 2014)

HOUSTON, July 21, 2014 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE:WSR) ("Whitestone"), a fully integrated real estate company that owns, operates and re-develops Community Centered PropertiesTM, announced the opening of the fifth location of Goodnight Pediatrics, an all-night children's urgent care facility, at its Gilbert Tuscany Village Property.



Gilbert Tuscany Village is a family-focused center surrounded by young family residential developments with household incomes over $100,000 and is just over one mile from Banner Gateway Medical Center. Goodnight Pediatrics will join other recently opened Gilbert Tuscany Village tenants: Everybody Loves Fondue, Actor's Youth Theater and Decadence Boutique, along with additional tenants including Henhouse Café, Salon Di Bella, Rise Up Bread Co., Rancho de Tio Rosa restaurant, State Farm Insurance and Karve Studio.



James C. Mastandrea, Whitestone's Chairman and Chief Executive Officer, said, "Whitestone purchased Gilbert Tuscany Village out of foreclosure from a private lender for $5 million in 2011. Since ownership, we have significantly increased occupancy, assembled a complementary tenant mix and added value to the center through applying our business model."


About Whitestone REIT




Whitestone REIT (NYSE:WSR) is a fully integrated real estate investment trust ("REIT") that owns, operates and redevelops Community Centered PropertiesTM. Whitestone focuses on value creation in its community centers, concentrating on local service-oriented tenants that comprise approximately 70% of its tenants. Whitestone's diversified tenant base provides service offerings including medical, education, casual dining, and convenience services. The largest of its 1,225 tenants comprised less than 1.9% of its annualized base rental revenues as of March 31, 2014. Founded in 1998, the Company is internally managed with a portfolio of 61 commercial properties in Texas, Arizona, and Illinois. For additional information about the Company, please visit www.whitestonereit.com.


CONTACT: Whitestone REIT:
Robin Oloyede - Director of Marketing
(713) 435-2256 ROloyede@WhitestoneREIT.com

Suzy Taylor - Director of Investor Relations
(713) 435-2219 STaylor@WhitestoneREIT.com



Whitestone REIT


Page: 1


Related Keywords: REAL ESTATEPost/Production, Director, Business, Science, Theater, Medical, Business, Family, Other,


DMO TEXT LINKS
(Click here to place a textlink on this site)

Get 10 days of free unlimited access to lynda.com.
What do you want to learn today? Online video tutorials to help you learn software, creative, and business skills.
Click Here!


nvidia graphics cards
Quadro FX 3800 1GB PCI-E Graphics Adapter
By NVIDIA, start from $ 135.00
GeForce 605 Graphic Card - 1 GB - PCI Express 2.0 - Low-profile (2560 x 1600)
By Lenovo, start from $ 97.09
HOT THREADS on DMN Forums
Content-type: text/html  Rss  Add to Google Reader or
Homepage    Add to My AOL  Add to Excite MIX  Subscribe in
NewsGator Online 
Real-Time - what users are saying - Right Now!

@ Copyright, 2014 Digital Media Online, All Rights Reserved