Whitestone REIT’s Board of Trustees Declares First Quarter 2016 Dividend

HOUSTON, Dec. 18, 2015 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE:WSR) (“Whitestone” or “the Company”) announced today that its Board of Trustees has declared a quarterly cash dividend for the 2016 first quarter of 28.5 cents per share on the Company’s common stock and Operating Partnership units. The first quarter dividend will be paid in three installments of 9.5 cents each in January, February and March. The record and payment dates for the first quarter period are as follows:

Month Record Date Payment Date
January 01/6/2016 01/13/2016
February 02/3/2016 02/10/2016
March 03/3/2016 03/10/2016

About Whitestone REIT
Whitestone REIT (NYSE:WSR) is a fully integrated real estate investment trust ("REIT") that owns, redevelops, repositions, leases, manages and operates Community Centered PropertiesTM. Whitestone focuses on value creation in its community centers, concentrating on local service-oriented tenants. Whitestone's diversified tenant base provides service offerings including specialty retail, grocery, restaurants, medical, educational and financial services. Founded in 1998, the Company is internally managed with a portfolio of 70 commercial properties in Texas, Arizona, and Illinois. For additional information about the Company, please visit www.whitestonereit.com.

Forward-Looking Statements
Statements included herein that state the Company's or management's intentions, hopes, beliefs, expectations or predictions of the future are "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995, which by their nature, involve known and unknown risks and uncertainties. The Company's actual results, performance or achievements could differ materially from those expressed or implied by these statements. Reference is made to the Company's regulatory filings with the Securities and Exchange Commission for information or factors that may impact the Company's performance.

Contact Whitestone REIT: Bob Aronson Director of Investor Relations D: (713) 435-2219; M: 832-364-8314 raronson@whitestonereit.com

Source:Whitestone REIT