Thor Equities Acquires First Property in Philadelphia
Columbia Sportswear Company (COLM)
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Source: PR Web
PHILADELPHIA (PRWEB) February 22, 2018 Thor Equities, a global leader in urban real estate development, leasing and management, has closed on the acquisition of a three-story office condominium at 907 Market Street in Philadelphia for $41.8 million, company executives announced today.The 214,000-square-foot property is fully leased to a not-for-profit health maintenance organization serving more than 280,000 members in Southeastern Pennsylvania."907 Market Street is a high quality asset located in the heart of Market East, the fastest growing neighborhood in Philadelphia's burgeoning City Center district," said Joe Sitt, CEO of Thor Equities. Retail, residential and office development projects in Market East include Fashion District Philadelphia located directly below the property, as well as East Market and the Lits Brothers Building. Scheduled to open in the fourth quarter of 2018, Fashion District Philadelphia (formerly The Gallery) will be the largest retail development in down
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