139 Fifth Avenue Acquired by Thor Equities — Real Estate M&A

Thor Equities has completed the acquisition of 139 Fifth Avenue, a real estate services other business in New York, for $16,000,000. Thor Equities acquisitions focus on urban mixed-use properties, and 139 Fifth Avenue in Manhattan’s Flatiron District supports retail leasing and property management with a strong tenant mix. The asset is anchored by Abercrombie & Fitch and also includes fashion and creative tenants plus an Allegion showroom, strengthening demand along Fifth Avenue retail corridors. The strategic acquisition closed as other acquisition financing from Northeast Bank, with Thor Equities as a strategic buyer pursuing real estate services M&A and NY acquisitions under a $10M size category.