Whitestone REIT is a community-centered real estate investment trust (REIT) that acquires, owns, operates, and develops open-air retail centers in fast-growing U.S. markets including Phoenix, Austin, Dallas-Fort Worth, Houston, and San Antonio. Its centers are convenience-focused and merchandised with a mix of service-oriented tenants offering food, self-care, services, education, and entertainment to surrounding communities. The company believes its community connections and tenant relationships support its current centers and acquisition strategy. Incorporated in Maryland in 1998, Whitestone REIT operates as a subsidiary of Ares Real Estate Management Holdings, LLC as of July 14, 2026.