According to a Nov. 25 filing with the Securities and Exchange commission, TA Realty, LLC,

Owner Stratus Properties developed the Oaks at Lakeway. Owner Stratus Properties developed the Oaks at Lakeway.[/caption]

terminated its contract for the purchase of The Oaks at Lakeway, 1945 Medical Drive, Lakeway, from developer/owner Stratus Lakeway Center/Stratus Properties on Nov. 18.

The document states that the contract for the sale and purchase of the shopping center was made Oct. 4.

“The closing of the transaction was subject to the satisfaction or waiver of a number of significant closing conditions, including ... a 45-day inspection period during which [TA Realty] could terminate the Purchase Agreement in its sole discretion,” the document states.

As of the date of this publication, Stratus Properties had not yet returned a telephone call for comment and TA Realty spokesperson Angela Bonnici said the company is "not able to comment on this transaction at this time."