Key Takeaways
- • Fertitta Entertainment has selected Hines to oversee property management at River Oaks District, an 18-acre luxury retail and mixed-use destination in Houston.
- • Hines will handle day-to-day operations, tenant relations, and the overall guest experience at the property.
- • The appointment builds on Hines' existing Houston property management portfolio, which includes Texas Tower, 609 Main and Levit Green.
- • Hines also manages mixed-use destinations including CityCenterDC in Washington, D.C., West Edge in Los Angeles and Fenton in Cary, North Carolina.
Summary
Under the agreement, Hines will assume responsibility for day-to-day operations, tenant relations and the overall guest experience at the property. The announcement does not disclose financial terms of the appointment.
Hines points to its longstanding property management presence in Houston as a basis for the selection. Its local portfolio includes Texas Tower, 609 Main and Levit Green. Nationally, the firm manages several prominent mixed-use destinations, including CityCenterDC in Washington, D.C., West Edge in Los Angeles and Fenton in Cary, North Carolina.
Hines characterizes the River Oaks District role as building on its experience managing complex, high-profile destinations where operations, placemaking and tenant experience intersect.
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