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Whitestone REIT Investor Presentation

VALUE ENHANCEMENT FOCUS CASE STUDY: OUR FUTURE STRATEGIC DEVELOPMENT OPPORTUNITIES 23 23 BLVD DEVELOPMENT Uptown, Houston • Purchased in 2017 • Rooftop cinema added in 2018 • Entitled for future development, 1.4 acres • 137K add'l GLA: mixed use, retail & office • Development cost: $72M • NOI: $6.8M . Potential value add: $40M 4000 WHITESTONE REIT INVESTOR PRESENTATION FIRST QUARTER 2021 MIXED USE, RETAIL, OFFICE PHASE II-B DEVELOPMENT 2 BLVD PLACE PARKING GARAGE Below Level - Floor 5 WHOLE FOODS. PUTURE DEVELOPMENT MetLife CINEMA PHASE II-A BLVD PLACE OPEN-AIR ROOFTOP CINEMA W

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