Stratus closes sale of 154 acres in Austin for $15.8M

Stratus Properties who owns commercial tracts of land in Southwest Austin at the Lantana Corporate development project has just sold 8 of its 11 tracts of land (totaling 154 acres) to Lincoln Property Company, The Lionstone Group, and Greenfield Partners for $15.8 million.  The property has entitlements to over 1,000,000 sf of office space.  Stratus is left with 60 undeveloped acres which have entitlements for 230,000 sf of office space and 325,000 sf of retail space.

Stratus closes sale of 154 acres in Austin for $15.8M | businesswire.com

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