2025

Whitestone REIT Acquires San Clemente Neighborhood Retail Center in Austin

HOUSTON, May 08, 2025 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE:WSR) (“Whitestone” or the “Company”), a neighborhood-focused owner and operator of open-air shopping centers in Texas and Arizona, today announced the acquisition of the 31,832-sqaure-foot, restaurant-anchored San Clemente at Davenport (“San Clemente”) in Austin, Texas, which is just minutes from the Apple and Tesla campuses and situated amidst the bustling hub of the area’s several technology companies.

Armada Hoffler Reports First Quarter 2025 Results

GAAP Net Loss of $(0.07) Per Diluted Share for the First Quarter

Normalized FFO of $0.25 Per Diluted Share for the First Quarter

Office Same Store NOI Growth of 9.2% (GAAP)

Positive Office Releasing Spreads of 23.3% (GAAP) and 3.7% (Cash)

Positive Retail Renewal Spreads of 11.0% (GAAP) and 7.4% (Cash)

Approximately 313K Net Rentable Square Feet of New and Renewed Commercial Lease Space

Maintained 2025 Full-Year Normalized FFO Guidance Range of $1.00 to $1.10 per Diluted Share

VIRGINIA BEACH, Va.

Presidio Property Trust, Inc. Announces Final Results of Its Self Tender Offer for Shares of Class A Common Stock

SAN DIEGO, May 07, 2025 (GLOBE NEWSWIRE) -- (NASDAQ: SQFT; SQFTP; SQFTW) Presidio Property Trust, Inc. (“Presidio” or the “Company”), an internally managed, diversified real estate investment trust, announced today the final results of its tender offer (the “Offer”) to purchase all odd lots plus up to 2,000,000 shares of its outstanding Series A Common Stock, par value $0.01 per share (the “Shares”) properly tendered and not properly withdrawn prior to the expiration date, subject to the Company’s ability to increase the number of Shares accepted for payment in the offer by up to 2% of the Company’s outstanding Shares (resulting in an increase of up to approximately 283,080 shares) without amending or extending the offer in accordance with rules promulgated by the Securities and Exchange Commission, at a price of $0.68 per share (the “Purchase Price”), less any applicable withholding taxes, and without interest.

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