Stratus Properties Inc. issued a press release dated March 15, 2017, titled “Stratus Properties Inc. Announces Declaration of $1.00 Per Share Special Cash Dividend – Conclusion of Board’s Review of Strategic Alternatives.” A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated by reference into this Item 8.01.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

The Exhibit included as part of this Current Report is listed in the attached Exhibit Index.

About Stratus Properties Inc. (NASDAQ:STRS)

Stratus Properties Inc. (Stratus) is a diversified real estate company. The Company is engaged primarily in the acquisition, entitlement, development, management, operation and sale of commercial, hotel, entertainment, and multi- and single-family residential real estate properties, primarily located in the Austin, Texas area, but including projects in certain other select markets in Texas. It operates in four segments: Hotel, Entertainment, Real Estate Operations and Commercial Leasing. Its properties include Barton Creek that includes Calera, Amarra Drive, Mirador Estate and Barton Creek Village; Circle C Community; Lantana; The Oaks at Lakeway and Magnolia. The Hotel segment includes the W Austin Hotel, which has over 251 luxury rooms and suites, a full service spa, gym, rooftop pool and over 9,750 square feet of meeting space. The Commercial Leasing segment includes the office and retail space at the W Austin Hotel & Residences project and a retail building at The Oaks at Lakeway.

Stratus Properties Inc. (NASDAQ:STRS) Recent Trading Information

Stratus Properties Inc. (NASDAQ:STRS) closed its last trading session 00.00 at 25.00 with 3,123 shares trading hands.