“Coffee and Cars” Revs Up Its Engines for Another Successful Event on December 5th in Whitestone’s Market Street Commun...
01 December 2020 - 11:00PM
On December 5th from 7:00am to 10:00am Mountain Standard Time,
Whitestone REIT (NYSE: WSR) welcomes “Coffee and Cars” which will
showcase approximately 200 cars including: Ferraris, Lamborghinis,
Maseratis, McLarens, Porsches, Ford GT40s, and other exotic race
cars and collectables. Over 30 race cars that travel over 200 mph
will be featured. The event will be held at Whitestone REIT’s
Market Street at DC Ranch center, located at 20789 North Pima Road.
Whitestone launched the Market Street “Coffee and Cars” Event
three months ago, and it has been overwhelmingly embraced by the
surrounding community and businesses operating at Whitestone’s
Market Street center. Many of the businesses that operate and serve
the surrounding community will open early to serve the patrons of
the event. At previous “Coffee and Cars” events, many Whitestone
tenants have reported seeing their sales increase by 25% or more,
and are significantly benefitting from the foot traffic and greater
awareness the event brings to their businesses.
Attendance is expected to be over 1,000 people of all age groups
and plenty of convenient parking is available. Scuderia Southwest
co-sponsors the event with Whitestone REIT.
Jim Mastandrea, Chairman and CEO of Whitestone REIT commented,
“We are pleased to welcome Scuderia Southwest back to our DC Ranch
community. This event has increased awareness of our center, and
the terrific businesses that operate there, and helped our tenants
increase their sales volumes. Whitestone strives to Create
Communities that Thrive through Creating Local Connections between
consumers and the surrounding communities through these types of
events which positively contribute to the overall value of the
center and associated tenant businesses. We are pleased to host
this fantastic event and the Scuderia Southwest organization.”
About Whitestone REIT Whitestone is a
community-centered shopping center REIT that acquires, owns,
manages, develops and redevelops high-quality neighborhood centers
primarily in the largest, fastest-growing and most affluent markets
in the Sunbelt.
Whitestone seeks to create Communities That
Thrive through Creating Local Connections between
consumers in the surrounding communities and a well-crafted mix of
national, regional and local tenants that provide daily
necessities, needed services, entertainment and experiences.
Whitestone is a monthly dividend paying stock and has
consistently paid dividends for over 15 years. Whitestone’s
strong balanced and managed capital structure provides stability
and flexibility for growth and positions Whitestone to perform well
through economic cycles. For additional information, please
visit www.whitestonereit.com.
About Scuderia Southwest From its
beginning in 2001 as a couple of guys getting coffee, to the
current monthly gathering drawing hundreds of truly amazing cars,
Scuderia Southwest is a group of people who share a common interest
in great automobiles. We put on a few car events, organize a few
drives, pull a few g's on the track, and even congregate for a good
meal. We love all cars but have a particular passion for rare
exotic, high performance and collector cars and our activities
typically reflect that. From the 1962 250 GTO to the latest 812
Superfast, we are passionate about Ferraris. From the 1972 Miura to
the latest Aventador SV, we love Lamborghinis. The Mercedes 300 SL
Gullwing and SLS AMG, McLaren 675LT, Shelby Cobra, D & E-type
Jags, and Ford GT are just a few of the special cars we keep in our
garages. If you're a car guy or gal, come on out and let's share
some coffee, cool stories, and tech talk! For additional
information, please visit www.scuderiasouthwest.com .
Investors Contact:Kevin Reed, Director of
Investor RelationsWhitestone REIT(713)
435-2219ir@whitestonereit.com
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