Friday 30 August 2019

Introducing ThorLogis, Thor Equities’ ambitious plan to break into logistics and e-commerce

The e-commerce industrial revolution has arrived for Thor Equities. After spending years as a champion of brick-and-mortar stores, the firm is launching a new business called ThorLogis that plans to spend $900 million on purchasing and developing logistics properties, according to the Wall Street Journal. It is already at work on two sites in Red Hook, Brooklyn and the Netherlands. Thor bought the site in Red Hook for $40 million in 2005, and originally intended […]



source https://therealdeal.com/national/2019/08/30/introducing-thorlogis-thor-equities-ambitious-plan-to-break-into-logistics-and-e-commerce/#new_tab

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