Capital Offerings Profile
Company NameWhitestone REIT
Offering TypeFollow-On
DescriptionCommon Shares
Currency of IssueUSD
Trading Symbol (Exchange)WSR (NYSE)
Announcement Date10/2/2013
Trade Date10/3/2013
Settlement Date10/8/2013
Completion Date10/3/2013
Overallotment Expiration11/7/2013
Lock-up Expiration12/2/2013
Date Overallotment Exercised10/28/2013
Shelf Filing Date7/13/2012
Mandatory Redemption?No
Exchange for Existing Issue?No

Use of Proceeds
The net proceeds from this offering will be used for general corporate purposes, which may include acquisitions of additional properties, the repayment of outstanding indebtedness, capital expenditures, the expansion, redevelopment and/or re-tenanting of properties in the company's portfolio, working capital and other general purposes. To the extent the company uses the net proceeds from this offering to repay outstanding indebtedness under its credit facility, affiliates of certain lenders and/or agents under its credit facility may receive a proportionate share of the amount repaid under the credit facility with the net proceeds from this offering. Pending application of any portion of the net proceeds, the company may invest the net proceeds in interest-bearing accounts and short-term, interest-bearing securities or money market accounts as is consistent with its intention to maintain its qualification for taxation as a REIT.

Offer Price ($)13.54
Gross Amount Offered ($000)54,160
Amount Including Overallotment ($000)62,284
Shares Offered4,000,000
Total Shares Offered4,600,000
Original Shelf Value ($000)350,000

Overallotment Amount Available ($000)8,124
Overallotment Shares Available600,000
Overallotment Amount Exercised ($000)8,124
Overallotment Shares Exercised600,000

Underwriting Fees
Gross Spread ($)0.54
Gross Spread (%)4.00
Sales Concession ($)0.33
Reallowance ($)0.10

UnderwritersShares UnderwrittenAmount Underwritten($000)
Book Manager(s)
  Robert W. Baird & Co. Incorporated1,400,00018,956
  JMP Securities LLC800,00010,832
Non-book Lead Manager(s)
  B. Riley Wealth Management, Inc.600,0008,124
  BMO Capital Markets Corp.600,0008,124
  J.J.B. Hilliard, W.L. Lyons, LLC200,0002,708
  Ladenburg Thalmann & Co. Inc.200,0002,708
  SunTrust Robinson Humphrey, Inc.200,0002,708

Issuer's CounselBass, Berry & Sims PLC
Underwriter's CounselHunton Andrews Kurth LLP
Auditor(s)Pannell Kerr Forster of Texas, P.C.
Clearing House(s)Depository Trust Company

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