Whitestone REIT Expands Portfolio in Phoenix, Downtown St. Louis Real Estate Challenges

Whitestone REIT acquires Scottsdale Commons in Phoenix, solidifying its presence in the region. The real estate situation in Downtown St. Louis is described as a 'nightmare' with vacant properties and decay. Join us as we explore the growth in the Phoenix retail market and the efforts to revitalize Downtown St. Louis.

Sources:
https://www.commercialsearch.com/news/whitestone-reit-buys-phoenix-area-retail-center/
https://www.newsnationnow.com/us-news/midwest/wsj-downtown-st-louis-real-estate/
https://www.commercialsearch.com/news/regency-centers-sells-fort-lauderdale-retail-asset/
https://thedailyrecord.com/2024/04/11/lee-associates-md-to-lease-135-year-old-redeveloped-warehouse-in-south-baltimore/

Outline:
(00:00:00) Introduction
(00:00:38) Whitestone REIT Buys Phoenix-Area Retail Center
(00:04:03) WSJ calls Downtown St. Louis real estate a ‘nightmare’
(00:07:25) Regency Centers Sells Fort Lauderdale Retail Asset
(00:10:08) Lee & Associates | Md. to lease 135-year-old redeveloped warehouse in south Baltimore