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Thor Equities Group continues industrial expansion in New Jersey market
Transactions - SEPTEMBER 13, 2022

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Thor Equities Group continues industrial expansion in New Jersey market

by Released

Thor Equities Group has bought a 30,000-square-foot industrial asset in Passaic, N.J.

Located on 10.7 acres in Passaic, 153 Linden Street offers proximity to an extensive highway network, allowing distribution users to access one-third of the U.S. population within five hours. Additionally, the asset is located less than five minutes from Route 21, one of northern New Jersey’s main north/south thoroughfares, and 13 miles north of Newark International Airport. Most important, it offers direct access to the second-largest port in the country, Port Newark. The facility is 100 percent leased and features 16’ and 27’ clear heights.

“Located in one of the best-performing industrial markets in the nation, 153 Linden Street offers users a rare opportunity to access millions of consumers on the East Coast in record time,” said Joe Sitt, chairman of Thor Equities Group. “Given the extremely low supply and strong demand for well-connected assets in New Jersey, thi

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