HOUSTON, July 28, 2008 (PRIME NEWSWIRE) -- Whitestone REIT, which owns and manages 35 commercial properties in Texas and Arizona, announced today that Louis S. Privitera has joined its Phoenix/Scottsdale office as senior leasing agent.
Privitera will be responsible for leasing space at Pima Norte garden office complex and Whitestone REIT's future acquisitions in the Phoenix/Scottsdale market area. Privitera can be reached at (480) 584-6181. He will report to Daniel Nixon, Jr., senior vice president of leasing and redevelopment.
Privitera has been active in commercial real estate in the Phoenix area for approximately 14 years. Most recently, he was regional vice president of Across American Real Estate, Scottsdale, where he oversaw its operations in Arizona, Colorado, New Mexico and Utah.
Nixon said, "We are pleased that Louis has joined Whitestone REIT to head up our Phoenix/Scottsdale leasing efforts. His long experience in this area is an ideal fit to expand our leasing activities in this area."
A graduate of Arizona State University, Tempe, in 1994, Privitera began his real estate career with CB Commercial (now CBRE) in Phoenix in 1995.
ABOUT WHITESTONE REIT
Whitestone REIT owns and operates retail, office and office warehouse properties, 31 of which are in the Houston area, two office buildings in Dallas, a retail plaza in San Antonio and an office complex in a Carefree, AZ. For more information go to http://www.whitestonereit.com
Forward-Looking Statement:
This report includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. The information in this news release includes certain forward-looking statements that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements as to the future performance of the company. Although the company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, product development acceptance, and the impact of competitive services and pricing and general economic risks and uncertainties.