Whitestone launches redevelopment of two Houston properties

|About: Whitestone REIT (WSR)|By:, SA News Editor

Sugar Park Plaza is a 95K square foot property with daily traffic count of 259K. Providence Plaza is a 90K square foot property with a daily traffic count of 44K.

Whitestone REIT (NYSE:WSR) will begin construction this year and expects payback on its $1.4M investment to be less than 24 months.