Thor Equities Closes $43.25M Loan on Savannah Industrial Portfolio
Thor Equities Group secured $43.25 million in financing from BridgeInvest for its Artley Portfolio in Savannah, Georgia.
Thor Equities Group has closed on $43.25 million in new financing from BridgeInvest for the Artley Portfolio, a collection of industrial properties located in Savannah, Georgia, the New York-based real estate firm announced Wednesday.
The transaction underscores continued lender appetite for industrial assets in secondary Sun Belt markets, where port-driven demand and logistics expansion have drawn significant investor attention in recent years. Savannah, home to one of the busiest container ports on the East Coast, has emerged as a prime target for industrial real estate capital.
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Thor Equities Group describes itself as a global leader in urban real estate development, leasing, and management, with a portfolio spanning multiple asset classes and geographies. The Artley Portfolio financing represents the firm's continued push to capitalize on industrial demand in strategically positioned logistics hubs.
BridgeInvest, the lender in the transaction, is an alternative real estate credit firm that has been active in providing bridge and structured financing across commercial property sectors. Terms beyond the loan amount were not disclosed.
Continue reading at GlobeNewswire - Mergers And Acquisitions.
