Thor Equities

Thor Equities Group is a real estate investment and development firm founded by Chairman Joseph J. Sitt. Based in New York City with offices in London, Paris, Madrid, Mexico City, San Francisco, and Miami, the company owns property in key urban markets throughout the United States, Europe, Canada, and Latin America. It describes itself as a leader in the management of industrial, life science, creative and tech office, residential, hotel, and mixed-use assets in premier urban locations worldwide, with $20B in assets under management, 160+ investments, and a 50M square foot real estate pipeline. Its divisions span three continents and cover asset classes including data centers, logistics, life science and technology, office, hospitality, mixed use, residential, retail, and luxury resort communities.

Thor Equities was launched in 1986 by Joe Sitt to acquire industrial and urban assets, and it acquired its first investment property on East Tremont Avenue in the Bronx. In 1988 it completed its first 380,000 square foot logistics ground-up development in New Jersey, and in 1989 it acquired the DTC brand The Children's Place. In 1991 Mr Sitt founded DTC brand Ashley Stewart and other brands, growing Ashley Stewart to 380+ stores. Melissa Gliatta joined Thor Equities in 1996. In 2005 the company formed the American Baby brand joint venture with Meredith Corporation. Thor Retail Advisors (Brand & Retail Strategy) was founded in 2009 with offices in NYC, LA, London, and Paris. In 2010 Thor Equities acquired London's iconic Burlington Arcade with 51 spaces for brand incubation and development. In 2012 Thor Equities launched its Mexico strategy with the Montage Hotel brand, and in 2013 it acquired 65 Champs Elysees and signed Valentino for its flagship store at 693 Fifth Ave, selling soon after. In 2015 it acquired its first Italian property featuring the original Dolce & Gabbana store at 26 Villa Della Spiga. In 2016 it officially launched its dedicated life science platform, and in 2017 it officially launched its dedicated logistics platform with its first ground-up development at 280 Richards in Red Hook, Brooklyn.

A leader in the management of industrial, life science, creative and tech office, residential, hotel, and mixed-use assets in premier urban locations worldwide.

Product categories. Industrial assets · Life science assets · Creative and tech office assets · Residential assets · Hotel assets · Mixed-use assets · Data centers · Logistics · Hospitality · Retail · Luxury resort communities

• 2020

  Brooklyn Tabernacle sues Thor Equities and Dallas BBQ

  The Brooklyn Tabernacle filed a lawsuit against Thor Equities and Dallas BBQ, alleging that liquids from the restaurant caused catastrophic damage to its condo unit. According to the complaint, the leaks contained putrid water, sludge, rotting food debris, E. coli and raw sewage. These are allegations made in the lawsuit and have not been established as fact.

  Source

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• 2021.10.05

  Logistics Center at McKinney sale closes[4]麦金尼物流中心出售交易完成rejournals.com

  JLL Capital Markets said it completed the sale of Logistics Center at McKinney on behalf of seller Core5 Industrial Partners to buyer Thor Equities.

• Unconfirmed

  Reported2020.05.28

  Deka Immobilien acquires 905 W. Fulton Market[5]Deka Immobilien收购905 W. Fulton Marketfinanznachrichten.de

  Deka Immobilien acquired the 905 W. Fulton Market office building from Thor Equities. The building serves as Mondelez International's global headquarters.

• 2020.05.27

  Reported2020.05.27

  Thor Equities sues Mactaggart over deposit in failed property deal[6]Thor Equities就失败的地产交易押金起诉Mactaggarttherealdeal.com

  Thor Equities sued Mactaggart Family & Partners seeking to keep Mactaggart’s $1.2 million deposit after their deal for 933 Broadway fell apart. The article reports Thor’s claim and does not establish a court determination.

• Unconfirmed

  Reported2020.01.03

  Brooklyn Tabernacle sues Thor Equities and Dallas BBQ[3]Brooklyn Tabernacle sues Thor Equities and Dallas BBQtherealdeal.com

  The Brooklyn Tabernacle sued Thor Equities and Dallas BBQ, alleging that liquids from the restaurant caused catastrophic damage to its condo unit. The complaint describes leaks containing putrid water, sludge, rotting food debris, E. coli and raw sewage. These are allegations in the lawsuit.

Read more

1. 1Thor Equities | Global Real Estate Investment & Developmentthorequities.com
2. 2About Thor Equities | Global Real Estate Investment Firmthorequities.com
3. 3Brooklyn Tabernacle sues Thor Equities and Dallas BBQtherealdeal.com
4. 4麦金尼物流中心出售交易完成rejournals.com
5. 5Deka Immobilien收购905 W. Fulton Marketfinanznachrichten.de
6. 6Thor Equities就失败的地产交易押金起诉Mactaggarttherealdeal.com