8-K

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 30, 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 7.01. Regulation FD Disclosure.

On August 30, 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 30, 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 30, 2010 (Date)	/s/   DAVID K. HOLEMAN David K. Holeman Chief Financial Officer

Exhibit Index
99.1	Press release dated August 30, 2010

EX-99.1

EXHIBIT 99.1

Whitestone REIT Announces Payment of September Dividend

HOUSTON, Aug. 30, 2010 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE Amex:WSR), a real estate investment trust that acquires, owns and operates Community Centered Properties^TM, today confirmed the payment date and amount of its September dividend. Whitestone REIT's ("Whitestone") Board of Trustees declares quarterly distributions to holders of its common shares and operating partnership ("OP") units, which are payable monthly. On September 7th , Whitestone will pay $0.095 per share or unit to Class A common shareholders and OP unitholders of record as of September 2, 2010. The Company will also pay on September 7th $0.096 per share to Class B common shareholders of record as of September 2, 2010, which represents a pro rata distribution, covering the partial month commencing on the closing date of the offering (August 31, 2010) and for the month ended September 30, 2010. 

On August 24, 2010, Whitestone REIT effected a 1-for-3 reverse split of its Class A common shares and OP units. The September dividend rate of $0.095 per share and unit is on a post-split basis, and is the same as the July and August pre-split monthly dividend rate.

Whitestone's Class B common shares began trading on August 26, 2010 on NYSE-Amex under the ticker symbol "WSR." The closing of the sale of Class B common stock is expected to occur on August 31, 2010. 

On a go-forward basis, the monthly dividend rate per share or unit will be the same for Class A common shares, Class B common shares and OP units.

About Whitestone REIT

Whitestone REIT is a fully integrated real estate company that owns, operates and re-develops Community Centered Properties^TM, 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, the Company is internally managed with a portfolio of commercial properties in Texas, Arizona, and Illinois. For additional information about the Company, please visit www.whitestonereit.com. The Investor Section of the Company's website has links to SEC filings, news releases, financial reports and investor newsletters.

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. The Company's actual results, performance or achievements could differ materially from those expressed or implied by these statements. Reference is made to the Company'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