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Stratus Properties Inc
STRS
Real Estate
Real Estate - General
Stratus Properties Inc. is a diversified real estate company. It is engaged primarily in the acquisition, entitlement, development, management, leasing, and sale of multi-family and single-family residential real estate properties, as well as commercial properties, in the Austin, Texas area and other select markets in Texas. Its segments include Real Estate Operations and Leasing Operations. Its Real Estate Operations segment is engaged in the acquisition, entitlement, development, and sale of real estate. The segment is focused on developing multi-family and single-family residential properties and residential-centric mixed-use properties. The Leasing Operations segment is primarily involved in the lease of space at retail and mixed-use properties, which it developed, and the lease of residences in multi-family projects that it developed. The tenants in its retail and mixed-use properties include grocery stores, restaurants, healthcare services, and other retail products and services.
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whytestocks
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Post by
whytestocks
on Feb 27, 2024 10:45pm
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Post# 35902980
Stratus Properties Inc. Completes Sale of Approximately 47 A
Stratus Properties Inc. Completes Sale of Approximately 47 A
NEWS: $STRS Stratus Properties Inc. Completes Sale of Approximately 47 Acres at Magnolia Place for $14.5 MillionStratus Properties Inc. (NASDAQ: STRS) (“Stratus” or the “Company”) today announced that it completed the previously disclosed sale of approximately 47 acres at Magnolia Place for $14.5 million. The sale generated pre-tax net cash proceeds to Stratus of approximately $...
STRS - Stratus Properties Inc. Completes Sale of Approximately 47 Acres at Magnolia Place for $14.5 Million
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