Stratus Properties sells Jones Crossing retail assets for $46.5 million cash

Stratus Properties Inc.

Stratus Properties Inc.

STRS

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  • Stratus Properties completed the sale of the Jones Crossing retail component in College Station, Texas, for USD 46.5 million in cash.
  • Pre-tax net cash proceeds totaled about USD 21.7 million, reflecting selling costs and repayment of the project loan.
  • The divestment advances the liquidation plan endorsed by shareholders on June 1, 2026, targeting asset sales and distributions.
  • Stratus retains the 21-acre multifamily component of Jones Crossing, including the ground lease under the multifamily property.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Stratus Properties Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202606261630BIZWIRE_USPR_____20260626_BW782815) on June 26, 2026, and is solely responsible for the information contained therein.

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