Whitestone REIT Announces Fourth Quarter 2014 Dividend

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| Source: Whitestone REIT

HOUSTON, Aug. 25, 2014 (GLOBE NEWSWIRE) -- The Board of Trustees of Whitestone REIT (NYSE:WSR) ("Whitestone"), a fully integrated real estate company that owns, operates and redevelops Community Centered Properties™ announced today that it authorized its quarterly cash dividend of $0.285 per common share and Operating Partnership ("OP") unit.

Whitestone declares quarterly distributions to holders of its common shares and OP units, which are payable monthly in three installments of $0.095 per common share and OP unit. The record and payment dates for the fourth quarter 2014 period are shown in the following table:

Month  Record Date Payment Date
October  10/1/2014 10/9/2014
November  11/3/2014 11/11/2014
December  12/1/2014 12/9/2014

About Whitestone REIT

Whitestone REIT (NYSE:WSR) is a fully integrated real estate investment trust ("REIT") that owns, operates and redevelops Community Centered Properties™. Whitestone focuses on value creation in its community centers, concentrating on local service-oriented tenants that comprise approximately 70% of its tenants. Whitestone's diversified tenant base provides service offerings including medical, education, casual dining, and convenience services. The largest of its 1,232 tenants comprised less than 1.9% of its annualized base rental revenues as of June 30, 2014. Founded in 1998, the Company is internally managed with a portfolio of 61 commercial properties in Texas, Arizona, and Illinois. For additional information about the Company, please visit www.whitestonereit.com. The Investor Relations section of the Company's website contains filings made with the Securities and Exchange Commission, news releases and financial reports.

Forward-Looking Statements

Statements included herein that state the Company's or management's intentions, hopes, beliefs, expectations or predictions of the future are "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995, which by their nature, involve known and unknown risks and uncertainties. The Company's actual results, performance or achievements could differ materially from those expressed or implied by these statements. Reference is made to the Company's regulatory filings with the Securities and Exchange Commission for information or factors that may impact the Company's performance.

Whitestone REIT
Suzy Taylor, Director of Investor Relations
(713) 435 2219