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Stratus Properties Inc

 
Hoover's Profile: Stratus Properties Inc.
(NASDAQ (GM):STRS)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
Stratus Properties Inc.
98 San Jacinto Blvd., Ste. 220
Austin, TX 78701
TX Tel. 512-478-5788
Toll Free 800-690-0315
Fax 512-482-0644

Type: Public
On the web: http://www.stratusprop.com
Employees: 23
Employee growth: (20.7%)

Stratus Properties is on cloud nine over the prospect of real estate development. The company acquires, develops, and manages commercial and residential real estate in Texas, primarily in the Austin area, where it has some 2,500 acres of developed and undeveloped land. The firm's principal developments include Austin's Barton Creek subdivision and portions of the metro area's Circle C Ranch. Stratus Properties is developing two high-profile, mixed-use projects in Austin. It also owns a couple of undeveloped acres in San Antonio and completed the development and sale of a project in Plano.

Key numbers for fiscal year ending December, 2008:
Sales: $18.8M
One year growth: (30.9%)
Net income: ($3.8)M

Officers:
Chairman, President, and CEO: William H. (Beau) Armstrong III
SVP and CFO: Residential Property Investment

Competitors:
A.G. Spanos
Standard Pacific
Trammell Crow Company

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