Whitestone REIT Receives Unsolicited, Non-Binding Acquisition Proposal

HOUSTON, Nov. 04, 2025 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR), a neighborhood-focused owner and operator of open-air shopping centers in Texas and Arizona, today announced that it has received an unsolicited, non-binding proposal from MCB Real Estate to acquire all of the outstanding shares of the Company’s common stock for cash consideration of $15.20 per share. MCB Real Estate owns 9.2% of Whitestone REIT’s common stock. Consistent with its fiduciary duties and in consultation with its financial ...