Karen Schutte

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Whitestone REIT Adds Fountain Hills Plaza to Portfolio for $20.55 Million

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Whitestone REIT of Houston, Texas (NYSE: WSR) purchased the Fountain Hills Plaza in Fountain Hills, AZ for $20.55 million ($185 PSF) for the 111,289-square-foot grocer and hardware store anchored retail center. Located at the southwest corner of Palisades Boulevard and La Montana Drive in Fountain Hills, Fountain Hills Plaza benefits from one of the busiest […]

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Phoenix-area Housing Buyers Have Options in Improving Market as Supply Increases

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Over the past two years, the tight supply of homes for sale in the Phoenix area has helped to dramatically drive up prices. However, a new report from the W. P. Carey School of Business at Arizona State University shows change on the horizon. The data for Maricopa and Pinal counties, as of August, reveals:

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