Whitestone Signs 8,061-square-foot Lease with Michael''s of Las Colinas Restaurant in Las Colinas Village HOUSTON, June 29, 2021 (GLOBE NEWSWIRE) -- Whitestone REIT today announced it has welcomed Michael''s of Las Colinas restaurant as a new tenant at its Las Colinas Village neighborhood center. Michael''s of Las Colinas signed a lease for an existing 8,061-square-foot restaurant space. Whitestone''s re-merchandising of Las Colinas Village has added a tailored mix of new tenants, including Michael''s of Las Colinas, which has increased revenues by 10.1% and raised occupancy for Whitestone''s Dallas market to 91%, a 3% increase from end of first quarter 2021. Michael''s of Las Colinas, owned by well-known local serial entrepreneur Michael Caldwell, is an open, casual restaurant, bar and live entertainment venue dedicated to fresh and simple food as its menu. It is joined by recent additions to Las Colinas Village''s tailored mix of tenants, including Hudson House, The Irving Bakery, Jam Toast, CityVet, and 9Round Fitness, who provide a diverse range of essential goods and services to the local community. "We''ve been buying in the Dallas MSA for more than a decade and continue to look for additional value-add properties in the market, and Las Colinas, with the strength of its location having a traffic count of 191,000 vehicles per day and a HHI of greater than $100,000, was perfectly positioned to upgrade the quality of revenue by re-merchandising the full tenant mix," said Whitestone Chief Executive Officer Jim Mastandrea. "This is evidenced by the 10.1% increase in revenues from our recent re-merchandising of our Las Colinas Village property. "This also highlights our