Pillarstone Capital REIT Provides Update on its Operations and Financial Statements And Whitestone REITs August 2022 Abrupt Termination of Services

HOUSTON, April 03, 2023 (GLOBE NEWSWIRE) — Pillarstone Capital REIT (“we” or “us”), a real estate investment trust engaged in investing in, owning and operating commercial properties, today provided an update on its operations and efforts to complete its past due third quarter 2022 financial statements including independent review by our auditors and the annual audit of our 2022 financial statements. In August 2022, Whitestone REIT, on behalf of its subsidiary Whitestone TRS, Inc., abruptly terminated its management agreements with us. Whitestone REIT and its Whitestone REIT Operating Partnership, L.P. (“Whitestone OP”) and Whitestone TRS, Inc. subsidiaries are referred to…