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Photo Credit: Whitestone – La Mirada

HOBE SOUND, FL – Whitestone REIT (NYSE:WSR) chooses Champion Utility Billing Services, a Florida-based company that specializes in advanced sub-metering technology and billing services for utility energy management, to sub-meter and bill one of its newer properties in Ariz: La Mirada.

Located in North Scottsdale, La Mirada is a 147,209-square-foot center that houses notable tenants including Mastro’s Steakhouse, Starbucks and Kumo Math & Reading. It joins Whitestone’s portfolio of more than 70 properties, all of which are primarily located in thriving cities. As a fully integrated real estate investment trust, Whitestone acquires, owns, develops and redevelops lifestyle retail centers, and focuses on areas with burgeoning economies. It aims to create desirable retail locations for consumers by providing a medley of dining, grocery, health and wellness, education and entertainment services.

Whitestone’s high quality tenants produce high volume energy usage. Therefore, it hired Champion to provide turnkey sub-metering services.

Champion installed electric sub-meters and a robust automated meter reading system. Installation was finalized in mid-to-late 2018, at which point Champion’s billing department took over. Since then, it has been monitoring equipment functionality and usage, and in turn, converting raw data into tenant bills. Champion also provides management with access to the system’s dashboard with live data backed by comprehensive and collaborative reporting.

For more information contact the Marketing Department: 800.336.6033 ext. 14

About Whitestone REIT

Whitestone REIT (NYSE:WSR) is a fully integrated real estate investment trust (“REIT”) that acquires, owns, manages, develops and redevelops high quality “internet-resistant” neighborhood, community and lifestyle retail centers. Whitestone’s 71 properties are principally located in Austin, Dallas-Fort Worth, Houston, San Antonio and Phoenix, which are among the fastest-growing markets in the country with highly educated workforces, high household incomes and strong job growth. The Company’s strategy is to target shifting consumer behavior and purchasing patterns by creating a complementary mix of grocery, dining, health and wellness, education, services, entertainment and specialty retail in its properties. Whitestone’s national, regional and local tenants provide daily necessities, needed services and convenience to the community which are not readily available online. For additional information about Whitestone, please visit www.whitestonereit.com.

About Champion Utility Billing Services:

Champion a Florida-based company – was founded with the goal of bringing an unprecedented level of quality customer service to its clients. With more than 40 years of combined experience in the sub-metering industry, Champion caters to developers, builders, owners and property management companies alike, and projects include commercial/industrial, mixed-use and multi-tenant properties. With more than $10 billion in real estate sub-metered, Champion develops a customized utility energy management solution that will guard utility resources and give clients a competitive edge. From equipment installation, retrofits and equipment service to advance sub-metering technology, personalized customer service and billing services, Champion prides itself on providing a turn-key sub-metering package to fit your overall utility energy management needs. For more information, please visit https://www.championutility.com

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