Whitestone REIT WSR, announced today the pricing of its public offering of
4,200,000 common shares at a price to the public of $12.80 per share. The
offering was increased in size from the originally contemplated 4,000,000
common shares. The underwriters have been granted a 30-day option to purchase
up to an additional 630,000 common shares at the public offering price, less
the underwriting discount and commissions, to cover over-allotments, if any.
The net proceeds to Whitestone, after deducting the underwriting discount and
estimated offering expenses, are expected to be approximately $50.91 million
(exclusive of the underwriters' over-allotment option). The offering is
expected to close on August 28, 2012, subject to customary closing conditions
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