Stratus Properties Sells Retail Property in Texas

MT Newswires Live
28 May

Stratus Properties (STRS) said Tuesday it has sold its West Killeen Market retail property in Killeen, Texas, for $13.3 million.

The sale resulted in about $7.8 million in pre-tax net cash after covering transaction costs and a $5.2 million loan, the company said.

Stratus bought the 21-acre site in 2015, selling 11 acres to H-E-B for a 90,000-square-foot store, it added.

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