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HOUSTON-During Whitestone REIT’s Q1 2012 earnings call, chairman and CEO James C. Mastandrea and CFO David Holeman took some heat from analysts for failing to close on any acquisitions. Under the category of “what a difference a quarter makes,” the Q2 2012 call on Aug. 6 focused on continued improvements to the balance sheet, as well as the acquisition of the 41,530-square-foot Shops at Pinnacle Peak in Scottsdale AZ – along with three pending retail closings which will total approximately 266,000 square feet and have an aggregate value of $40 million.

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