Stratus completes $13.3M sale of West Killeen Market, generating ~$7.8M net proceeds

STRATUS PROPERTIES INC

Sale price of $13.3M is a premium to gross value in Dec 31, 2024 NAV calculation.
Net cash proceeds of ~$7.8M after transaction expenses and repayment of $5.2M project loan.
Property is a 44,493 SF retail center shadow-anchored by H-E-B in Killeen, TX near Fort Cavazos.
All three pad sites previously sold (2020-2022); development completed in 2017.
CEO cites strengthened financial position and enhanced shareholder value.

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