Thor Equities Group Completes Sale of Prime Logistics Asset in Chicago

Thor Equities Group has announced the sale of North I-55, a portfolio consisting of two industrial facilities in South Chicago, for $20.2M. The company acquired the asset for $11.25M in 2021 and fully leased it to Torpedo Expedited within a year. The property is located near downtown Chicago and offers immediate access to the city's primary East/West expressway. Thor Equities Group has been expanding its logistics portfolio and recently completed an industrial development in Schaumburg, IL. The company also secured new leases in Tampa, Florida.

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Frequently Asked Questions:

1. What is the news about Thor Equities Group completing the sale of a prime logistics asset in Chicago?

Thor Equities Group recently completed the sale of a prime logistics asset in Chicago. This news was announced in a press release on September 22, 2023. Source: GlobeNewswire

2. When did Thor Equities Group complete the sale?

The sale was completed on September 22, 2023. Source: GlobeNewswire

3. Where is the prime logistics asset located?

The prime logistics asset is located in Chicago, Illinois. Source: GlobeNewswire

4. Who is Thor Equities Group?

Thor Equities Group is a global leader in urban real estate development. They are involved in various real estate activities, including leasing and management. Source: GlobeNewswire

5. Can I find more news and press releases from Thor Equities Group?

Yes, you can find more news and press releases from Thor Equities Group on their official website under the "News" section. Source: Thor Equities ESP

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