Capital Offerings Profile
Company NameWhitestone REIT
Offering TypeFollow-On
DescriptionCommon Shares
Currency of IssueUSD
Trading Symbol (Exchange)WSR (NYSE)
Announcement Date6/22/2015
Trade Date6/23/2015
Settlement Date6/26/2015
Completion Date6/23/2015
Overallotment Expiration7/26/2015
Lock-up Expiration8/22/2015
Shelf Filing Date4/29/2015
Mandatory Redemption?No
Exchange for Existing Issue?No

Use of Proceeds
The company will contribute the net proceeds of this offering to its operating partnership in exchange for OP units. Its operating partnership intends to use the net proceeds from this offering to repay a portion of outstanding indebtedness under its unsecured revolving credit facility and for general corporate purposes, which may include acquisitions of additional properties, capital expenditures, the expansion, redevelopment and/or re-tenanting of properties in its portfolio, working capital and other general purposes. Pending application of any portion of the net proceeds, company's operating partnership may invest the net proceeds from this offering in interest-bearing accounts and short-term, interest-bearing securities in a manner that is consistent with its intention to maintain its qualification as a REIT.

Offer Price ($)13.34
Gross Amount Offered ($000)50,020
Amount Including Overallotment ($000)50,020
Shares Offered3,750,000
Total Shares Offered3,750,000
Original Shelf Value ($000)204,260

Overallotment Amount Available ($000)7,503
Overallotment Shares Available562,500

UnderwritersShares UnderwrittenAmount Underwritten($000)
Book Manager(s)
  JMP Securities LLC3,750,00050,020

Issuer's CounselMorrison & Foerster LLP
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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