Real Estate News

Whitestone REIT Declares First Quarter 2023 Dividend

HOUSTON, Dec. 15, 2022 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) today announced that its Board of Trustees has declared a monthly cash dividend of $0.04 per share on the Company's common shares and operating partnership units for the first quarter of 2023.

SL Green Celebrates the Topping Out of One Madison Avenue in Midtown South

One Madison Avenue, the 27 story, 1.4-million-square-foot office building located adjacent to Madison Square park, will feature unprecedented retail, wellness and hospitality-focused amenities complete with tenant lounge and rooftop event space

Slated for on-time completion in November 2023, the neighborhood-defining office tower is already 55% leased

Renderings of the project can be found here.

Highwoods and The Bromley Companies Form 50/50 Joint Venture to Develop Midtown East in Tampa

$83 Million Anticipated Total Investment (at 100%) 134,000 Square Feet

RALEIGH, N.C., Dec. 13, 2022 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) and The Bromley Companies have formed a 50/50 joint venture to construct Midtown East, a multi-customer office development project located in the mixed-use Midtown Tampa project in Tampa’s Westshore submarket.

AMREP Reports Second Quarter Fiscal 2023 Results

HAVERTOWN, Pa., Dec. 12, 2022 (GLOBE NEWSWIRE) -- AMREP Corporation (NYSE:AXR) today reported net income of $3,621,000, or $0.68 per diluted share, for its 2023 fiscal second quarter ended October 31, 2022 compared to net income of $3,326,000, or $0.45 per diluted share, for the same period of the prior year.

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