Stratus Properties Sells Lantana Place Retail for $57.5 Million

Reuters
2025.11.20 21:15
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Stratus Properties Inc. sold its Lantana Place - Retail project in Austin, Texas, for $57.5 million. The sale allows the company to repay the project loan and improve its financial position. Stratus retains development rights for a planned multi-family project and additional commercial space within the Lantana community.

Stratus Properties Inc. has completed the sale of its 100% owned Lantana Place - Retail project in Austin, Texas, for $57.5 million in cash. The transaction allows Stratus to fully repay the project loan and strengthen its financial position. The company retains development rights for a planned multi-family project and additional commercial space within the Lantana community. 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: 20251120388225) on November 20, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)