Whitestone REIT Acquires Fountain Square for $15.4M

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Whitestone REIT
WSR
, announced today that it has closed on the off-market purchase of Fountain Square, a 118,209 square foot Community Center in Scottsdale, for $15.4 million, or $130 per square foot. The purchase price was an all-cash transaction and represents a 49% discount to estimated replacement cost.
See full press release
Posted In: NewsGuidanceContractsManagementM&AGlobal
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