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Whitestone REITs Board of Trustees Declares Second Quarter 2017 Dividend

(March 20, 2017)


HOUSTON, March 20, 2017 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE:WSR) (?Whitestone or the ?Company), a real estate investment trust that acquires, owns and operates Community Centered PropertiesTM, today announced that its Board of Trustees has declared a quarterly cash dividend for the 2017 Second Quarter of 28.5 cents per share on the Companys common shares and operating partnership units.  The second quarter dividend will be paid in three installments of 9.5 cents each as detailed below:

Month  Record Date  Payment Date  
AprilApril 5, 2017April 13, 2017
MayMay 3, 2107May 11, 2107
JuneJune 5, 2017June 13, 2017

About Whitestone REIT

Whitestone is a pure-play community-centered retail REIT that acquires, owns, manages, develops and redevelops high quality ?Ecommerce-resistant neighborhood, community and lifestyle retail centers principally located in the largest, fastest-growing and most affluent markets in the Sunbelt. Whitestones optimal mix of national, regional and local tenants provide daily necessities, needed services and entertainment to the community which are not readily available on the internet. Whitestones properties are located in business-friendly Phoenix, Austin, Dallas-Fort Worth, Houston and San Antonio, which are among the fastest-growing US population centers with highly educated workforces, high household incomes and strong job growth. Since the IPO in August 2010, Whitestones strategy has delivered compound annual growth rates of 39%, 22%, 24% and 31% in net income, revenue, NOI, and FFO Core, respectively. Visit www.whitestonereit.com for additional information.

CONTACT: Whitestone REIT Contact:David K. HolemanChief Financial Officer(713) 435-2227dholeman@whitestonereit.com

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