Stratus Properties INC 8-K filings

Stratus Properties Inc. has finalized the sale of approximately 47 acres at Magnolia Place for $14.5 million, resulting in $5.3 million in net cash proceeds after expenses and loan repayment.

Stratus Properties Inc. has rejected an unsolicited acquisition proposal from NXSTEP Opportunity Partners, deeming it substantially undervalues the company.

Stratus Properties has successfully removed its Holden Hills and Section N projects from the City of Austin's extraterritorial jurisdiction, while also facing ongoing legal challenges to the new law that enabled this action.