Hines lands Thornton’s Parterre site at E-470 & Quebec

Adams County

Property Location: Southeast corner E. 152NDAve. & Holly St., Thornton, “Parterre Subdivision”

Property Description: Vacant land

Land Size: 765.36 acres

Sales Price: $20.78M, or $27,150 per acre

Reception No.: 74041 2018

Closing Date: 9/10

Grantor: Plateau 470 LLC (Claude J. Zinngrabe Jr.), c/o Fremont Realty Capital, 199 Fremont St., Suite 1900, San Francisco, CA 94105, 415-284-8500

Grantee: HT Parterre Land LP, c/o Hines, 1125 17thSt., Suite 700, Denver 80202

Financing: Cash

Comments: This property was listed by Stew Mosko, Jim Capecelatro & Mike Kboudi of Cushman & Wakefield. Platted 766.36 acres of land at the boundary of Holly St. on the west, Quebec Street on the east, East 152nd Avenue on the north, East 140th Ave. on the south and E-470 traversing the middle of the site

Comp of the Day is provided by John V. Winslow, president of Winslow Property Consultants. Winslow has more than 40 years’ experience in commercial real estate. He can be reached at 720-612-7878 or Colprop2012@gmail.com.