---
schema_version: "secwatch.filing_event.v1"
accession: "0000885508-26-000027"
form_type: "8-K"
ticker: "STRS"
cik: "0000885508"
company_name: "STRATUS PROPERTIES INC"
filed_at: "2026-05-28T20:20:16+00:00"
generated_at: "2026-05-28T20:22:15.858129+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Stratus signs $46.5M deal to sell Jones Crossing retail to Brixmor, expects ~$20M net proceeds

## Summary
- Purchase price $46.5M cash; pre-tax net proceeds estimated at ~$20M after costs and loan repayment.
- Sale covers 154,092 sq ft retail (including H-E-B), undeveloped commercial land; Stratus retains 21-acre multi-family component.
- Closing expected Q2/Q3 2026; no financing condition; buyer deposits $930K earnest money in two installments.
- H-E-B declined its right of first refusal; buyer may terminate for any reason before May 29, 2026 inspection deadline.
- Stratus is in a Plan of Liquidation; proceeds will support future stockholder distributions.

## SEC filing metadata
- accession: 0000885508-26-000027
- form_type: 8-K
- ticker: STRS
- cik: 0000885508
- company_name: STRATUS PROPERTIES INC
- filed_at: 2026-05-28T20:20:16+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/885508/000088550826000027/0000885508-26-000027-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/885508/000088550826000027/strs-20260521.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000885508-26-000027
- JSON: https://secwatch.observer/filing/0000885508-26-000027.json
- Plain text: https://secwatch.observer/filing/0000885508-26-000027.txt

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