Stratus Properties agrees to sell Jones Crossing retail property for $46.5M cash

Filed May 28, 2026 · Period ending May 21, 2026 · ~1 min read

Key Changes

• high

  Stratus subsidiary signed definitive agreement to sell Jones Crossing retail component in College Station, TX for $46.5 million cash, including 154,092 sq ft of retail space anchored by H-E-B grocery plus 22 undeveloped commercial acres.

  Item 1.01 verify on EDGAR →
• high

  Transaction expected to generate approximately $20 million in pre-tax net cash proceeds after selling costs and loan payoff, representing significant liquidity event for the company.

  Item 1.01 verify on EDGAR →
• medium

  Sale expected to close in Q2 or Q3 2026, subject to standard closing conditions and expiration of buyer's inspection period ending May 29, 2026. Buyer can walk away for any reason until that date.

  Item 1.01 verify on EDGAR →