Renowned Houston billionaire Tilman Fertitta has recently acquired one of the city’s most prominent mixed-use developments, River Oaks District, for a reported $450 million. The property was previously owned by JPMorgan Asset Management who purchased it for $550 million in 2016. According to reports from the Houston Chronicle, JLL facilitated the sale and represented both parties involved.
Situated on almost 14 acres along Westheimer just east of 610, River Oaks District boasts an impressive array 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
