Whitestone Bolsters Its Austin Portfolio, Buys San Clemente

Shares of Whitestone REIT (WSR) closed 5.2% higher on May 8, 2025, at market close, after the retail REIT announced the acquisition of San Clemente, a restaurant-anchored retail center, spanning 31,832 square feet, in Davenport, Austin, TX, as investors cheered this purchase.The move comes as part of the company’s growth strategy to bolster its portfolio with the center’s strong dynamics and its retailer relationships in the upscale neighborhoods it serves — Davenport Ranch, Westlake, Rob Roy and Barton Cre ...