Stratus properties inc. announces new development plans for magnolia place, an h-e-b grocery shadow-anchored, mixed-use project in magnolia, texas

Austin, texas--(business wire)--stratus properties inc. (nasdaq: strs) (“stratus” or the “company”) today announced its new project development plans, and on august 12, 2021, completed construction financing for the first phase of development of magnolia place, an h-e-b, lp (“h-e-b”) grocery shadow-anchored, mixed-use project in magnolia, texas. william h. armstrong iii, chairman of the board and chief executive officer of stratus, stated, “we are pleased to announce that we have completed fina
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