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Whitestone Added 9,000 Square Feet of New Tenants at Shops of Starwood Increasing NOI by 16% at .
Whitestone REITDecember 15, 2020 GMT
HOUSTON, Dec. 15, 2020 (GLOBE NEWSWIRE) Whitestone REIT (NYSE: WSR) continues to grow occupancy by drawing expanding businesses to its properties located in the high growth markets of Frisco, TX and other surrounding areas of Dallas.
Continuing its resiliency despite the pandemic, Whitestone is pleased to announce local realtors Re/Max DFW Associates and United Real Estate Dallas are opening at The Shops of Starwood to expand their businesses and capture additional market share from the national trend of businesses and consumers fleeing high tax, high regulatory cities for the business-friendlier confines of Dallas and its surrounding communities. These additions increase occupancy at the center to 100%, and will contribute 16% additional NOI in 2021.