secwatch.observer — SEC 8-K summary
======================================

Issuer:     STRATUS PROPERTIES INC (STRS)
CIK:        0000885508
Form:       8-K
Filed at:   2026-06-26T20:30:27+00:00
Accession:  0000885508-26-000033
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 2.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Stratus completes sale of Jones Crossing – Retail for $46.5M, net cash $21.7M
-----------------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/885508/000088550826000033/0000885508-26-000033-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/885508/000088550826000033/strs-20260623.htm
  HTML page:      https://secwatch.observer/filing/0000885508-26-000033

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer