May 6, 2014
The Deal Sheet
OliverMcMillan announced four luxury retailers for the River Oaks District. That makes the retail component about 75% pre-leased. (No need to be polite about the last free slice, go ahead and take it.) Cartier inked 6,000 SF, Dior took a two-story 9,000 SF store, Hermès locked down a two-story 10k SF building, and Tom Ford will occupy 4,900 SF. (Our credit card is about to melt.) The locations will open in spring 2015. All four custom stores are large enough to offer the full collection each season for these brands, says OliverMcMillan senior managing director of retail Jeff Zeigler. The River Oaks District is under construction now with its 252k SF of premier retail.