Completed the sale of the retail component of Jones Crossing in College Station, Texas, to Brixmor Operating Partnership LP for $46.5 million in cash. Generated pre-tax net cash proceeds of approximately $21.7 million after accounting for selling costs and the repayment of the $24.0 million project loan. The transaction includes 154,092 square feet of retail space, an H-E-B grocery store, two ground-leased pad sites, and 22 acres of undeveloped commercial land. Stratus retains ownership of the 21-acre multi-family component of the Jones Crossing development. This sale represents the fourth recent divestiture of a stabilized retail project, following Kingwood Place, Lantana Place Retail, and West Killeen Market.