JLL sources $47 million acquisition loan for Thor industrial deal in Passaic

An institutional lender has provided $47 million in financing to Thor Equities Group for a recently acquired, 330,000-square-foot industrial building in Passaic.

Thor acquires 330,000 sq. ft. Passaic warehouse for $52 million

Thor Equities Group has acquired a fully leased, 330,000-square-foot industrial building in Passaic for $52 million, as it touts continued investment in the asset class and the region.