-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, SvUTaafWsnIJ8QR0ToSdV6rs1WWO7F98Gi0AjzGOQt5tqCCyNTrOQllGwWcIL7B6 qyN4dTVTn8Yof0lxdIexcw== 0001171843-10-001728.txt : 20100826 0001171843-10-001728.hdr.sgml : 20100826 20100826060203 ACCESSION NUMBER: 0001171843-10-001728 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20100825 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20100826 DATE AS OF CHANGE: 20100826 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Whitestone REIT CENTRAL INDEX KEY: 0001175535 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 760594970 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-34855 FILM NUMBER: 101038826 BUSINESS ADDRESS: STREET 1: 2600 SOUTH GESSNER STREET 2: SUITE 500 CITY: HOUSTON STATE: TX ZIP: 77063 BUSINESS PHONE: 713-827-9595 MAIL ADDRESS: STREET 1: 2600 SOUTH GESSNER STREET 2: SUITE 500 CITY: HOUSTON STATE: TX ZIP: 77063 FORMER COMPANY: FORMER CONFORMED NAME: HARTMAN COMMERCIAL PROPERTIES REIT DATE OF NAME CHANGE: 20020613 8-K 1 document.htm FORM 8-K FILING DOCUMENT Form 8-K Filing

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549


FORM 8-K


CURRENT REPORT

Pursuant to Section 13 OR 15(d) of
The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) August 25, 2010  


Whitestone REIT
(Exact name of registrant as specified in its charter)


Maryland
 
000-50256
 
76-0594970
(State or other jurisdiction
of incorporation)
  (Commission File Number)   (IRS Employer Identification No.)


 
2600 South Gessner, Suite 500, Houston, Texas
 
77063
 
  (Address of principal executive offices)   (Zip Code)  

Registrant's telephone number, including area code:   (713) 827-9595



Not Applicable
(Former name or former address, if changed since last report)



Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
    [    ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
    [    ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
    [    ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
    [    ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01. Other Events.

On August 25, 2010 the Registrant issued a press release, a copy of which is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.

    Exhibit 99.1.       Press release dated August 25, 2010


SIGNATURE

    Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

    Whitestone REIT
(Registrant)

August 25, 2010
(Date)
  /s/   DAVID K. HOLEMAN
David K. Holeman
Chief Financial Officer


  Exhibit Index
  99.1 Press release dated August 25, 2010






EX-99.1 2 newsrelease.htm PRESS RELEASE Whitestone REIT Announces Pricing of Public Offering

EXHIBIT 99.1

Whitestone REIT Announces Pricing of Public Offering

Class B Common Shares List on NYSE-Amex Under Symbol "WSR"

HOUSTON, Aug. 25, 2010 (GLOBE NEWSWIRE) -- Whitestone REIT, a Community Centered PropertiesTM real estate investment trust ("Whitestone") has priced a public offering of 2,200,000 shares of its Class B common stock at $12.00 per share. Whitestone's Class B common stock is expected to begin trading on August 26, 2010 on the NYSE-Amex under the ticker symbol "WSR." The underwriters have a 30-day option to purchase up to an additional 330,000 Class B common shares from Whitestone at the initial public offering price, less the underwriting discount and commissions, to cover overallotments, if any. The closing of the sale of the Class B common stock is expected to occur on August 31, 2010.

Whitestone intends to contribute the net proceeds from the offering to its operating partnership, which then intends to use the net proceeds to (1) acquire commercial properties in Whitestone's target markets, (2) acquire loans with the intent to acquire the underlying property through foreclosure or deed in lieu of foreclosure within a short time, (3) to redevelop and re-tenant existing properties to create Whitestone-branded Community Centered PropertiesTM and (4) for general corporate purposes. The gross proceeds of the initial public offering, before the underwriting discounts, commissions and expenses related to the offering, are expected to be $26.4 million, before the overallotment option.

Wunderlich Securities is serving as sole book running manager for the offering. Ladenburg Thalmann & Co. Inc., J.J.B. Hilliard, W.L. Lyons, LLC, Maxim Group LLC and Southwest Securities, Inc. are acting as co-managers.

The offering is only being made by means of a prospectus, a copy of which, when available, may be obtained by contacting either Wunderlich Securities, at 6000 Poplar, Suite 150, Memphis, TN 38119, Attn: Marty Gaia, Syndicate Department, by emailing mgaia@wundernet.com, or by calling toll free 800.726.0557.

A registration statement relating to these securities was declared effective by the Securities and Exchange Commission on August 25, 2010. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which the offer, solicitation or sale of these securities would be unlawful prior to their registration and qualification under the securities laws of any such state or jurisdiction.

About Whitestone REIT

Whitestone REIT is a fully integrated real estate company that owns, operates and re-develops Community Centered PropertiesTM, which are visibly located properties in established or developing culturally diverse neighborhoods. Whitestone focuses on value-creation in its properties, as it markets, leases and manages its properties to match tenants with the shared needs of surrounding neighborhoods. Headquartered in Houston, Texas and founded in 1998, Whitestone is internally managed with a portfolio of commercial properties in Texas, Arizona, and Illinois.

The Whitestone REIT logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=7293

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. Whitestone's actual results, performance or achievements could differ materially from those expressed or implied by these statements. Reference is made to Whitestone's regulatory filings with the Securities and Exchange Commission for information or factors that may impact the Company's performance.

CONTACT: Whitestone REIT
         Anne Gregory, Vice President Marketing & Investor Relations
         713.827.9595 ext. 2213
         agregory@whitestonereit.com
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