Thor Equities Group has sold 280 Richards St. in Brooklyn, a state-of-the-art industrial facility developed by Thor and fully leased to Amazon, for $157 million.
Located in Brooklyn’s waterfront Red Hook neighborhood, 280 Richards Street was preleased to Amazon in 2021 and features approximately 312,100 square feet of distribution warehouse space, office and utilities space, loading docks, a truck court, and abundance of parking. The property is key for Amazon’s ability to immediately service the millions living in New York City and beyond.
“Logistics has been a core focus of our strategy for years, and this sale reinforces the strong demand for industrial properties in key markets, particularly those with long-term, stable tenants like Amazon,” said Joe Sitt, chairman and CEO of Thor Equities Group.
Thor’s recent activity includes the procurement of more than $100 million in construction loans for an industrial facility in Long Island and retail devel
