Stratus Properties Closes $114 Million Sale of The Oaks at Lakeway in Metro Austin

by Katie Sloan

Lakeway, Texas — Stratus Properties Inc. has completed the sale of The Oaks at Lakeway, a 236,739-square-foot shopping center located roughly 22 miles outside Austin in Lakeway.

HEB Grocery Store anchors the center, which is also home to tenants including AT&T, Creamistry, MOD Pizza, Subway, Orangetheory Fitness, Raising Cane’s, Factory Mattress, Sakura Sushi & Bar and High Five. The buyer, FHF I Oaks at Lakeway LLC, purchased the property for a cash price of $114 million. The sale excludes 34.7 acres of tracts within the development that have been zoned for residential, hotel and civic uses.

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