Thor Equities Completes Sale of Major Amazon Distribution Center in Brooklyn
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Thor Equities Group has sold a major Amazon distribution center in Brooklyn for $157 million. The facility, located at 280 Richards Street, was fully leased to Amazon.
December 30, 2024 | 9:00 pm
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Amazon's distribution center in Brooklyn, leased from Thor Equities, has been sold for $157 million. This transaction highlights the value of Amazon's logistics assets.
The sale of the distribution center does not directly impact Amazon's operations as it remains a tenant. However, it underscores the value of Amazon's logistics infrastructure, which could be seen positively by investors.
CONFIDENCE 90
IMPORTANCE 40
RELEVANCE 50