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Savills Studley: Block 21 in Austin, Texas to Sell for $275M
December 19, 2019
AUSTIN, Texas, Dec. 19 -- Savills Studley, a real estate firm, issued the following news:

Savills is representing Stratus Properties Inc. (NASDAQ: STRS), a diversified real estate company, in the $275 million sale of Block 21. Block 21 is Stratus' wholly owned mixed-use real estate development and entertainment business located in downtown Austin.

Block 21 contains the 251-room W Austin Hotel and is home to Austin City Limits Live at the Moody Theater, a 2,750-seat ente . . .

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