Stratus Properties is real estate company engaged primarily in the acquisition, entitlement, development, management, operation and sale of commercial, and multi-family and single-family residential real estate properties in the Austin, TX area, and other select markets in Texas. The company has two operating segments: Real Estate Operations, which is comprised of the company's real estate assets; and Leasing Operations, which is comprised of the company's real estate assets, both residential and commercial, that are leased or available for lease and includes The Santal, West Killeen Market, The Saint Mary and completed portions of Lantana Place, Jones Crossing and Kingwood Place.
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