NEW YORK CITY — Thor Equities Group, a global leader in urban real estate development, leasing and management, has acquired a 330,000-square-foot industrial asset in Passaic, NJ. This latest acquisition represents the fourth industrial investment in the past month following acquisitions in Los Angeles, Savannah and Tampa.
Located on 10.7 acres in Passaic, New Jersey, 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, thirteen miles north of Newark International Airport, and most importantly offers direct access to the second largest port in the United States, Port Newark. The 330,000-square-foot facility is 100% leased and features 16-foot and 27-foot clear heights.
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