Fertitta Acquires River Oaks District

Fertitta Acquires River Oaks District

Houston billionaire Tilman Fertitta has expanded his real estate portfolio with the acquisition of River Oaks District, one of Houston’s premier mixed-use developments. The property was purchased for $450 million from JPMorgan Asset Management, who had acquired it for $550 million in 2016. JLL acted as the seller’s representative and facilitated the transaction.

Located on Westheimer just east of 610, this nearly 14-acre property boasts a variety of luxury retail boutiques, high-end restaurants, upscale apartments, and office space. With over 300,000 square feet of retail space and more than 67

About the Publisher:
Steve Griffin is based in sunny Palm Harbor, Florida. He’s an accountant by profession and the owner of GRIFFIN Tax and REVVED Up Accounting. In addition, Steve founded Madison Avenue Technology. With a strong passion for commercial real estate, he’s also dedicated to keeping you up to date with the latest industry news.

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