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

HOUSTON, March 14, 2016 (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 second quarter of 28.5 cents per share on the Company’s common stock and Operating Partnership units. The second quarter dividend will be paid in three installments of 9.5 cents each in April, May and June. The record and payment dates for the second quarter period are as follows:

Month Record Date Payment Date
April 04/1/2016 04/8/2016
May 05/2/2016 05/9/2016
June 06/2/2016 06/9/2016

About Whitestone REIT
Whitestone REIT (NYSE:WSR) is a fully integrated real estate investment trust ("REIT") that acquires, owns, leases and manages a quality portfolio of properties that offer significant growth potential meeting the daily necessities of fast-growing communities. Whitestone’s proven and differentiated approach to building the optimal mix of tenants that provide convenience and high-demand services reduces risk and generates superior financial results for both customers and Whitestone investors. Founded in 1998, the Company is internally managed with a portfolio of 69 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