Stratus Properties Sells Kingwood Place for $60.8 Million

Reuters2025-12-23

<a href="https://laohu8.com/S/STRS">Stratus Properties</a> Sells Kingwood Place for $60.8 Million

Stratus Properties Inc. has announced an agreement to sell Kingwood Place, its H-E-B-anchored mixed-use development in Kingwood, Texas, for $60.8 million. The sale is expected to generate approximately $26 million in pre-tax net cash proceeds for Stratus, which owns about 60% of the property through a limited partnership. The transaction is anticipated to close in the first quarter of 2026, subject to the expiration of the inspection period and satisfaction of closing conditions.

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 EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000885508-25-000072), on December 22, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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