HOUSTON–(BUSINESS WIRE)–December 04, 2013–Whitestone REIT (NYSE: WSR), a fully integrated real estate company that owns, re-develops, leases, manages, and operates Community Centered Properties(TM) , announced that the Company and Walmart Neighborhood Market have commenced a new lease at Whitestone’s Marketplace at Central property in Phoenix, Arizona.
Whitestone has turned the space over to Walmart Neighborhood Market, who will complete their build out of the store, with a planned mid-2014 grand opening.James C. Mastandrea, Whitestone’s Chairman and Chief Executive Officer, said, “We continue to see significant progress on the leasing front with the addition of Walmart Neighborhood Market to our Marketplace at Central Community Centered Property(TM) . We expect robust activity during 2014 as we continue to redevelop, re-tenant and increase rents in our properties.”
