---
schema_version: "secwatch.filing_event.v1"
accession: "0000885508-25-000063"
form_type: "8-K"
ticker: "STRS"
cik: "0000885508"
company_name: "STRATUS PROPERTIES INC"
filed_at: "2025-10-23T23:59:59+00:00"
generated_at: "2026-05-17T02:39:04.824626+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Stratus Properties to sell Lantana Place Retail for ~$57.4M; expects Q4 2025 close

## Summary
- Purchase price ~$57.4M; proceeds to repay ~$29.8M project loan.
- Stratus retains The Saint Julia (210-unit multi-family) and 160K sq ft commercial entitlements.
- Purchaser is Scripps CMH LLC (75.412%) and Lantana SRB LLC (24.588%) as tenants-in-common.
- Earnest money $250K nonrefundable; no financing condition; inspection period expired.
- Sale expected to close in Q4 2025, subject to customary closing conditions.

## SEC filing metadata
- accession: 0000885508-25-000063
- form_type: 8-K
- ticker: STRS
- cik: 0000885508
- company_name: STRATUS PROPERTIES INC
- filed_at: 2025-10-23T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/885508/000088550825000063/0000885508-25-000063-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/885508/000088550825000063/strs-20251017.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000885508-25-000063
- JSON: https://secwatch.observer/filing/0000885508-25-000063.json
- Plain text: https://secwatch.observer/filing/0000885508-25-000063.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.