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Whitestone REIT Announces the Tax Characteristics of 2014 Distributions

HOUSTON, Jan. 29, 2015 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE:WSR) ("Whitestone"), released today the Federal income tax treatment of its 2014 cash distributions to holders of its Common Shares (CUSIP 966084204). The final classifications of the distributions for 2014 which will be reported on Form 1099-DIV are as follows:



Record
Date


Payment
Date

Total
Distribution
per Share
Taxable
Ordinary
Dividend
(Box 1a)

Qualified
Dividends
(Box 1b)
Capital
Gain
Distribution
(Box 2a)
Un-recaptured
Section 1250
Gain
(1)
(Box 2b)
Return of
Capital-
Non Taxable
(Box 3)
1/6/2014 1/13/2014 $0.095 $0.05065 $0.0000 $0.02413 $0.01269 $0.02022
2/3/2014 2/10/2014 $0.095 $0.05065 $0.0000 $0.02413 $0.01269 $0.02022
3/3/2014 3/10/2014 $0.095 $0.05065 $0.0000 $0.02413 $0.01269 $0.02022
4/2/2014 4/9/2014 $0.095 $0.05065 $0.0000 $0.02413 $0.01269 $0.02022
5/5/2014 5/12/2014 $0.095 $0.05065 $0.0000 $0.02413 $0.01269 $0.02022
6/2/2014 6/9/2014 $0.095 $0.05065 $0.0000 $0.02413 $0.01269 $0.02022
7/1/2014 7/9/2014 $0.095 $0.05065 $0.0000 $0.02413 $0.01269 $0.02022
8/1/2014 8/8/2014 $0.095 $0.05065 $0.0000 $0.02413 $0.01269 $0.02022
9/2/2014 9/9/2014 $0.095 $0.05065 $0.0000 $0.02413 $0.01269 $0.02022
10/1/2014 10/9/2014 $0.095 $0.05065 $0.0000 $0.02413 $0.01269 $0.02022
11/3/2014 11/11/2014 $0.095 $0.05065 $0.0000 $0.02413 $0.01269 $0.02022
12/1/2014 12/9/2014 $0.095 $0.05065 $0.0000 $0.02413 $0.01269 $0.02022
Totals $1.140 $0.6078 $0.000 $0.28956 $0.15225 $0.24259
100% 53.32% 25.40% 21.28%
(1) Amounts in Box 2b are included in Box 2a.

About Whitestone REIT

Whitestone REIT (NYSE:WSR) is a fully integrated real estate investment trust ("REIT") that owns, manages, operates, leases and repositions and redevelops Value–Add 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 1,272 tenants comprised less than 1.8 % of its annualized base rental revenues as of September 30, 2014. Founded in 1998, the Company is internally managed with a portfolio of 63 commercial properties in Texas, Arizona, and Illinois. For additional information about the Company, please visit www.whitestonereit.com.

CONTACT: Whitestone REIT: Suzy Taylor, (713) 435-2219 staylor@whitestonereit.com

Source:Whitestone REIT