Seeking Alpha

Whitestone updates progress on Fountain Square turnaround

  • Whitestone REIT (WSR +0.9%) purchased the 118K square foot Fountain Square - located in northern Phoenix - out of foreclosure in 2012 for $130 per square foot. It has since redeveloped and repositioned the Safeway "shadow anchored" property, adding a number of new tenants and increasing the occupancy.
  • Whitestone now owns nearly 2M square feet of leasable space in the greater Phoenix area across 17 community centered properties.
  • Source: Press Release
From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs