Whitestone REIT delivered strong fourth-quarter results with record occupancy of 94.6% and a 3.8% growth in Same-Store Net Operating Income. The company reported a significant increase in net income driven by property sales and remains on track with its long-term Core FFO growth targets.
Achieved record total occupancy of 94.6% for wholly owned properties.
Net income per diluted share rose to $0.43, inclusive of a $0.30 gain on property sales.
Same-Store Net Operating Income (NOI) grew by 3.8% compared to the prior year quarter.
Net Effective Annual Base Rental Revenue per leased square foot increased 5% to $25.73.
Whitestone expects full-year 2026 Core FFO to be between $1.10 and $1.14 per diluted share, driven by continued same-store NOI growth.
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