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Washington DC & Mid-Atlantic  + DC Metro  + Apartments  |  June 10, 2025
Jasmine Kilman
By: Jasmine Kilman

Hines Acquires 80 Acres in Virginia, Plans to Build 320 Homes

Hines has acquired an 80-acre land development lot known as Thomas Farm at Bristow Station in Prince William County, Virginia. The fully entitled land will be developed into a residential community with 320 homes.

Acquired in partnership with JR Real Estate Group, a D.C.-area real estate investment firm, the community will consist of a mix of market-rate single-family detached homes and townhomes. JR worked with the Thomas Family and County Officials to take the property through the entitlement process, and Hines will now develop the community. The lots are being presold to homebuilder NVR.

Construction is expected to commence in the second quarter of 2026, with the first lot sales to NVR to begin in the second quarter of 2027. TPG Angelo Gordon, a diversified credit and real estate investing platform within TPG, provided the loan to acquire and develop the project through its exclusive partnership with Harvest Capital.

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HinesJR Real EstateNVRTPG Angelo Gordon

About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.
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