Kyle Miller Joins Whitestone REIT as Vice President of Operations

Kyle Miller Joins Whitestone REIT as Vice President of Operations

HOUSTON--(BUSINESS WIRE)-- Whitestone REIT (NYSE: WSR ) ("Whitestone" or the "Company"), a real estate investment trust that acquires, owns and operates Community Centered PropertiesTM, today announced the addition of Kyle A. Miller as Vice President of Operations. Miller was previously the Senior Vice President, Development & Investment, for Trammell Crow Company, a national real estate and investment company wholly owned by CB Richard Ellis. Additionally, he is currently a lecturer in Real Estate Finance at the Bauer College of Business at the University of Houston, where he was selected to the University of Houston Real Estate Advisory Council.

As VP of Operations, Kyle will oversee the Company's corporate operations activities nationally, including new construction and implementation of Whitestone's Community Centered Property business strategy of Creating Communities in underserved ethnic neighborhoods in major cities, and cities with growing populations and strong demographics, particularly in the south and southwest parts of the United States. Mr. Miller will be a member of the senior management team and have a leadership role in directing and optimizing property management and leasing activities.

Kyle graduated from the U.S. Naval Academy with a Bachelor's degree in Systems Engineering and received his MBA from Stanford Graduate School of Business. He served in various roles as an aviator in the United States Navy, ultimately attaining the rank of Lieutenant Commander. During his nine years of military leadership, he had responsibilities in Operations Management, Training and Development, Aviation Maintenance and as a Flight Instructor. As a Mission Commander he planned, briefed and led over 65 combat missions in support of ground forces in Kosovo, Iraq, and Afghanistan, and was selected as a Naval Fighter Weapons School TOPGUN instructor. Following graduate school, Kyle joined Trammell Crow Company in Houston, Texas and spent seven years in real estate as a Senior Vice President, Development and Investment.

"Kyle has proven management and leadership capabilities, and we welcome him as a member of our senior management team," said James C. Mastandrea, Whitestone REIT's Chairman and Chief Executive Officer. "Kyle's experience in successfully leading complex operations, ability to work with people, and his extended knowledge of processes, systems, and real estate will be an asset to Whitestone as we enter the next stage of high level rapid expansion and profitable growth."

About Whitestone REIT

Whitestone REIT (NYS: WSR) is a fully integrated real estate company that owns, operates and redevelops Community Centered PropertiesTM, which are visibly located properties in established or developing culturally diverse neighborhoods. Whitestone focuses on value-creation in its Centers, as it markets, leases and manages its Centers to match tenants with the shared needs of surrounding neighborhoods. Operations are structured for providing cost-effective service to local, service-oriented smaller space tenants (less than 3,000 square feet). Whitestone has a diversified tenant base concentrated on service offerings including medical, education, and casual dining. As of December 31, 2012, the largest of its approximately 1,100 tenants comprises less than 1.2% of its rental revenues. 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

Forward-Looking Statements

Statements included herein that state Whitestone'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. You should not rely on our forward-looking statements because the matters they describe are subject to known and unknown risks and uncertainties, and the Company's actual results, performance or achievements could differ materially from those expressed or implied by these statements. Such risks are set forth under the captions "Item 1A. Risk Factors" and "Forward-Looking Statements" in our annual report on Form 10-K and under the caption "Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations" (or similar captions) in our quarterly reports on Form 10-Q, and as described in our other filings with the Securities and Exchange Commission. Forward-looking statements speak only as of the dates on which they are made, and the Company undertakes no obligation to update publicly or revise any guidance or other forward-looking statement, whether as a result of new information, future developments, or otherwise.

Whitestone REIT:
David K. Holeman, (713) 435 2227
Chief Financial Officer

KEYWORDS:   United States  North America  Texas


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