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Hines, Trez Acquire 765 Acres Near Denver for Residential MXU
Houston-based Hines and Dallas-based partner Trez Capital acquired a 765-acre property in Thornton, CO, known as Parterre, with plans to develop a signature residential and mixed-use community. The development is expected to offer attainably-priced housing, as well as a mix of commercial and retail uses.
Public records show the land was acquired for north of $20 million. The property is located between Holly and Quebec streets, 20 miles from downtown Denver in one of the metro’s most thriving submarkets.
As master developer, Hines will oversee development of the project, including the community master plan and infrastructure, residential neighborhoods, amenity centers, mixed-use parcels, community amenities, parks, and walking and biking trails.
Hines’ Chad Murphy says, “This property is a key land parcel in north metro Denver that has essentially become a near 800-acre infill site over the last five years. There are few land parcels of this size left in this good of a location.”
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Development
- ◦Sale/Acquisition



