Description
Stratus Properties Inc. is a diversified real estate company. Stratus is engaged in acquisition, entitlement, development, management and sale of commercial, and multi-family and single-family residential real estate properties and real estate leasing.
Stratus operates through four segments: Real Estate Operations, Leasing Operations, Hotel and Entertainment. The Real Estate Operations segment is comprised of Stratus real estate assets, which consists of its properties in Austin, Texas (including the Barton Creek community; the Circle C community; and the Lantana community, including a portion of Lantana Place planned for a future multi-family phase); in Lakeway, Texas, located in the greater Austin area (Lakeway); in College Station, Texas (a portion of Jones Crossing and vacant pad sites); in Killeen, and Texas (vacant pad sites at West Killeen Market). The Hotel segment includes the W Austin Hotel located at Block 21 in downtown Austin, Texas.