Whitestone REIT reaches 99% occupancy at The Promenade at Fulton Ranch

Whitestone REIT (WSR) announced it has reached 99 percent occupancy at The Promenade at Fulton Ranch in Chandler, Arizona, with the recent opening of Salon Suites. The strong occupancy number was achieved as a result of Whitestone’s strategic repositioning of the asset, which began in early 2023 and focuses on curating a merchandising mix that better aligns with the needs of the upscale Fulton Ranch neighborhood that it serves. Whitestone President and COO, Christine Mastandrea commented, “We are embedded in the communities we serve, and and we make it our mission to listen to our tenants and their customers and incorporate that feedback into our long-term asset plans. Promenade at Fulton Ranch is just one of several properties throughout our portfolio where we have executed similar strategies with similar great results. Whitestone prioritizes the consumer experience at our centers and through those efforts adding value at the corporate level to all of our stakeholders.”