Whitestone REIT appointed Felice Terrigno as Houston Division Director to enhance leasing strategies for its shopping centers.
Quiver AI Summary
Whitestone REIT has appointed Felice Terrigno as Houston Division Director to enhance its leasing team and oversee the leasing strategy for its Houston portfolio, which includes over 10 open-air shopping centers. Terrigno, who has a background in maximizing retail property value and occupancy from his previous role at SDI Realty Advisors, will report to President and COO Christine Mastandrea. His experience, including leadership in the Special Forces and an MBA from Rice University, positions him to attract quality tenants and drive revenue growth. Mastandrea expressed confidence in Terrigno’s abilities to contribute to the company's expansion, while Terrigno looks forward to leveraging his expertise to enhance the shopping centers and shareholder value. Whitestone REIT focuses on community-centered retail centers in rapidly growing markets in Texas and Arizona.
Potential Positives
- Appointment of Felice Terrigno as Houston Division Director enhances the leasing strategy for Whitestone's Houston portfolio, potentially increasing occupancy and value of the shopping centers.
- Terrigno's extensive experience in leasing and tenant management could lead to a stronger tenant mix, improving long-term performance of the properties.
- Whitestone's continued focus on community-centered real estate and strategic hiring reflects its commitment to growth in rapidly developing markets.
- Increased revenue and long-term shareholder value is anticipated as a result of leveraging Terrigno's expertise and connections in the retail real estate market.
Potential Negatives
- Appointment of a new Division Director may indicate a prior lack of strong leadership in the Houston portfolio.
- Relying heavily on a single individual's expertise (Felice Terrigno) for leasing strategy could pose risks if his strategies do not align with market demands or fail to yield expected results.
- Dependence on external talent like Terrigno may highlight potential gaps in existing team capabilities or raise concerns about internal growth and succession planning.
FAQ
Who is Felice Terrigno?
Felice Terrigno is the newly appointed Houston Division Director for Whitestone REIT, overseeing leasing strategy in Houston.
What is Felice Terrigno's background?
Terrigno has extensive experience in retail leasing, previously working at SDI Realty Advisors and holds degrees from the U.S. Military Academy and Rice University.
What is Whitestone REIT's focus?
Whitestone REIT focuses on acquiring and managing open-air shopping centers across Texas and Arizona, emphasizing community-centered retail experiences.
What will Terrigno's role involve?
Terrigno's role involves maximizing leasing strategies, securing tenants, and enhancing portfolio value for Whitestone's Houston shopping centers.
How does Whitestone REIT support local communities?
Whitestone REIT supports local communities by offering a mix of service-oriented tenants and fostering strong community connections at their retail centers.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$WSR Insider Trading Activity
$WSR insiders have traded $WSR stock on the open market 4 times in the past 6 months. Of those trades, 4 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $WSR stock by insiders over the last 6 months:
- DONALD A MILLER has made 4 purchases buying 20,000 shares for an estimated $253,800 and 0 sales.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$WSR Hedge Fund Activity
We have seen 101 institutional investors add shares of $WSR stock to their portfolio, and 92 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- CSM ADVISORS, LLC added 581,167 shares (+inf%) to their portfolio in Q2 2025, for an estimated $7,252,964
- BLACKROCK, INC. removed 518,632 shares (-6.3%) from their portfolio in Q2 2025, for an estimated $6,472,527
- BALYASNY ASSET MANAGEMENT L.P. added 417,508 shares (+834.3%) to their portfolio in Q2 2025, for an estimated $5,210,499
- EMMETT INVESTMENT MANAGEMENT, LP added 343,687 shares (+42.9%) to their portfolio in Q2 2025, for an estimated $4,289,213
- HILLSDALE INVESTMENT MANAGEMENT INC. removed 303,100 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $3,782,688
- FIRST EAGLE INVESTMENT MANAGEMENT, LLC removed 287,500 shares (-26.2%) from their portfolio in Q2 2025, for an estimated $3,588,000
- CHILTON CAPITAL MANAGEMENT LLC added 282,963 shares (+2553.8%) to their portfolio in Q2 2025, for an estimated $3,531,378
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$WSR Analyst Ratings
Wall Street analysts have issued reports on $WSR in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- JMP Securities issued a "Market Outperform" rating on 06/18/2025
- Truist Securities issued a "Buy" rating on 05/12/2025
To track analyst ratings and price targets for $WSR, check out Quiver Quantitative's $WSR forecast page.
$WSR Price Targets
Multiple analysts have issued price targets for $WSR recently. We have seen 2 analysts offer price targets for $WSR in the last 6 months, with a median target of $15.0.
Here are some recent targets:
- Mitch Germain from JMP Securities set a target price of $16.0 on 06/18/2025
- Anthony Hau from Truist Securities set a target price of $14.0 on 05/12/2025
Full Release
HOUSTON, Oct. 23, 2025 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR), a neighborhood-focused owner and operator of open-air shopping centers in Texas and Arizona, is pleased to announce the strategic expansion of its best-in-class leasing team with the appointment of Felice Terrigno as Houston Division Director. Terrigno will oversee the leasing strategy for Whitestone’s Houston portfolio, which currently consists of more than 10 open-air, institutional-quality shopping centers. He will report to Whitestone’s President and COO Christine Mastandrea.
Terrigno joins Whitestone after spending the past seven years at Houston-based SDI Realty Advisors where he learned to maximize the value and occupancy of retail shopping centers by securing the right tenants, negotiating leases, and shaping the tenant mix to strengthen the property’s long-term performance. His proven ability to attract national and regional tenants, foster long-term relationships, and align leasing initiatives with market trends will play a key role in expanding Whitestone’s portfolio value.
Terrigno earned his undergraduate degree at the United States Military Academy with a focus on Business Administration and a minor in Nuclear Engineering. He played varsity football and graduated in 2007 as a Second Lieutenant Artillery Officer. After promoting to Captain, Terrigno joined Special Forces where he served as a Team Leader with 20 th Special Forces Group (Airborne). In 2018, Terrigno graduated from the Jesse H. Jones Graduate School of Business at Rice University where he enhanced his institutional knowledge of Finance and found his passion for commercial real estate.
Mastandrea commented, “Felice’s attention to detail, discipline and military background are unique skillsets that will allow him to thrive in this position and to contribute positively to the growth of our organization. I am confident he will leverage his deep industry expertise and connections to continue elevating the quality of our centers and the experience for our customers.”
Terrigno stated, “I’m excited to work alongside Christine, to leverage my experience in leasing, and to help lead teams across multiple disciplines within the organization. Whitestone is a company of exceptional standing that owns and manages some of the best retail centers in both Texas and Arizona. I’m eager to leverage my professional experience to drive revenue and long-term shareholder value.”
About Whitestone REIT
Whitestone REIT (NYSE: WSR) is a community-centered real estate investment trust (REIT) that acquires, owns, operates, and develops open-air, retail centers located in some of the fastest growing markets in the country: Phoenix, Austin, Dallas-Fort Worth, Houston and San Antonio.
Our centers are convenience focused: merchandised with a mix of service-oriented tenants providing food (restaurants and grocers), self-care (health and fitness), services (financial and logistics), education and entertainment to the surrounding communities. The Company believes its strong community connections and deep tenant relationships are key to the success of its current centers and its acquisition strategy. For additional information, please visit the Company's investor relations website .
Contacts:
For Whitestone REIT – Investors
David Mordy
(713) 435-2219
[email protected]
For Whitestone REIT – Media:
Matthew Chudoba
[email protected]
