M&A
confidence high
sentiment positive
materiality 0.75
Stratus completes sale of Jones Crossing – Retail for $46.5M, net cash $21.7M
STRATUS PROPERTIES INC
- Sale price $46.5M cash; pre-tax net proceeds ~$21.7M after costs and loan repayment.
- Sold 154,092 sq ft retail including H-E-B, 22 undeveloped acres; Stratus retains 21-acre multi-family.
- Fourth stabilized retail sale; part of Plan of Liquidation approved by stockholders June 1, 2026.
- Pro forma total assets $522M, equity $375M post-transaction.