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Thor Equities, as Part of Pivot Away From Retail, Buys New Jersey Logistics Property

Demand for E-Commerce Warehouses Fuels Global Developer’s Buying Binge
Thor Equities, as part of its industrial shopping spree, has bought an industrial property at 241 Oraton St. in Newark, New Jersey. (CoStar)
Thor Equities, as part of its industrial shopping spree, has bought an industrial property at 241 Oraton St. in Newark, New Jersey. (CoStar)
CoStar News
January 20, 2022 | 11:56 P.M.

Thor Equities, a global real estate developer historically known for retail properties along famous shopping corridors such as New York’s Fifth Avenue, is on a different kind of buying spree, picking up logistics spaces that can meet the fast-delivery demands of consumers’ e-commerce orders.

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