Whitestone REIT reported a strong third quarter with occupancy reaching 94.2% and a 4.8% rise in same-store net operating income, positioning the company well for continued growth.

• Achieved 94.2% occupancy, marking a 30 basis point increase from Q2 and nearing record levels.
• Core FFO per share stands at $0.26, with expectations for a lift in the fourth quarter due to new lease commencements.
• Completed a significant property disposition, Sugar Park Plaza, after increasing its NOI by 22% over the past three years.
• Redevelopment projects are underway, expected to contribute 1% to same-store NOI growth in 2026 with an estimated $20 million to $30 million in capital investment.
• Average base rent increased by 8.2% year-over-year, demonstrating effective rent growth strategies.