Whitestone to Host Prestigious “Coffee and Cars” Event at Market Street at DC Ranch Property in Arizona
November 05 2020 - 7:00AM
Whitestone REIT (NYSE: WSR) welcomes Scuderia Southwest and
its collection of Ferraris, Fords, Lamborghinis, Bentleys and other
rare, exotic and high performance cars to its highly desirable
Market Street at DC Ranch location in Scottsdale, Arizona.
Having tested several locations throughout the Phoenix area with
smaller events, Scuderia Southwest has chosen to host its monthly
Scottsdale Motorsports Gathering at DC Ranch due to its beautifully
landscaped open areas, collection of high-end restaurants and
merchants, and overall impeccable reputation within the local
community.
The monthly Scottsdale Motorsports Gathering will begin this
Saturday, November 7th, from 7 am – 10 am Mountain Standard Time,
and will be held on the first Saturday of every month going
forward. The gathering, which is free for spectators, hosts over 60
member cars and is open to non-member cars for a nominal fee and
adherence to the event’s regulations. The event will be held in
multiple lots throughout the DC Ranch property, located at 20789
North Pima Road, allowing guests to tour the property and sample
coffee, breakfast, and other morning treats provided by the DC
Ranch retailers and restaurants.
Jim Mastandrea, Chairman and CEO of Whitestone REIT commented,
“We are pleased that Scuderia Southwest, an organization which
recognizes high-end quality and performance, sees the value in
hosting its monthly event at our premier location. We see this
partnership as a win-win as we are always looking for new,
creative, and fun ways to drive foot traffic to our properties and
help our local entrepreneurial tenant base succeed. The Scottsdale
Motorsports Gathering was looking for a desirable venue to showcase
their prized automobiles and we are honored to be the venue of
choice.”
Mr. Mastandrea concluded, “This event is occurring at the right
time, as people have been eager to get back outdoors, specifically
in open-aired settings where they can return to appreciating the
finer things in life. We look forward to hosting the Scottsdale
Motorsports Gathering on a regular basis for a long time to
come.”
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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