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Thor Equities nabs financing for Amazon warehouse in Red Hook
Joe Sitt’s firm secures $76 million construction financing and $155 million JV equity recap New York / TRD Staff Share via Shortlink
Jeff Bezos of Amazon, Joe Sitt of Thor Equities and an aerial of the Red Hook site. (Getty, Thor, Google Maps)
Joe Sitt’s Thor Equities is one step closer to bringing Amazon to Brooklyn’s Red Hook neighborhood.
Thor Equities nabbed $76 million construction financing and a $155 million joint venture equity recapitalization for its warehouse property at 280 Richards Street, according to the Commercial Observer. The warehouse is 100 percent pre-leased to Amazon.
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