Whitestone REIT (WSR) Provides Third Quarter 2020 Business Update Related to COVID-19
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Whitestone Provides Third Quarter 2020 Business Update Related to COVID-19
October 6, 2020 7:00 AM EDTHOUSTON, Oct. 06, 2020 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (Whitestone or the Company), a leading owner and operator of open-air, e-commerce resistant, lifestyle community-centered retail properties located in the largest, fastest-growing and most affluent Texas and Arizona markets in the Sunbelt, provides a business update regarding operations and third quarter rental collections.
All 53 properties are open and operating;52 of 53 properties, representing 99.3% of revenues, are located in the business-friendly states of Texas and Arizona;97% of our tenants are open and operating based on annualized base rent (ABR); 90% of total... More