{"id":1004144548,"date":"2016-05-23T07:38:47","date_gmt":"2016-05-23T15:38:47","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004144548"},"modified":"2022-12-09T01:19:11","modified_gmt":"2022-12-09T09:19:11","slug":"thor-equities-expands-its-portfolio-in-canada-with-two-mixed-use-buildings","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/thor-equities-expands-its-portfolio-in-canada-with-two-mixed-use-buildings\/","title":{"rendered":"Thor Equities Expands Its Portfolio in Canada with Two Mixed-Use Buildings"},"content":{"rendered":"<p><em>By Alexandra Pacurar, Associate Editor<\/em><\/p>\n<div id=\"attachment_1004144550\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/1325-1333-St.-Catherine-St.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004144550\" data-attachment-id=\"1004144550\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/thor-equities-expands-its-portfolio-in-canada-with-two-mixed-use-buildings\/1325-1333-st-catherine-st\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/1325-1333-St.-Catherine-St.jpg\" data-orig-size=\"2686,1956\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;13&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;Canon EOS 5D Mark III&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1453929584&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;17&quot;,&quot;iso&quot;:&quot;200&quot;,&quot;shutter_speed&quot;:&quot;0.00625&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"1325-1333 St. Catherine St\" data-image-description=\"&lt;p&gt;1325-1333 St. Catherine St., Montreal&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;1325-1333 St. Catherine St., Montreal&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/1325-1333-St.-Catherine-St.jpg?w=1024\" class=\"wp-image-1004144550 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/1325-1333-St.-Catherine-St.jpg\" alt=\"1325-1333 St. Catherine St., Montreal\" width=\"300\" height=\"218\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/1325-1333-St.-Catherine-St.jpg 2686w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/1325-1333-St.-Catherine-St.jpg?resize=300,218 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/1325-1333-St.-Catherine-St.jpg?resize=768,559 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/1325-1333-St.-Catherine-St.jpg?resize=1024,746 1024w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/1325-1333-St.-Catherine-St.jpg?resize=1536,1119 1536w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/1325-1333-St.-Catherine-St.jpg?resize=2048,1491 2048w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/1325-1333-St.-Catherine-St.jpg?resize=150,109 150w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/1325-1333-St.-Catherine-St.jpg?resize=696,507 696w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/1325-1333-St.-Catherine-St.jpg?resize=1068,778 1068w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/1325-1333-St.-Catherine-St.jpg?resize=1920,1398 1920w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/1325-1333-St.-Catherine-St.jpg?resize=577,420 577w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/1325-1333-St.-Catherine-St.jpg?resize=324,235 324w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004144550\" class=\"wp-caption-text\">1325-1333 St. Catherine St., Montreal<\/p><\/div>\n<p><strong>Montreal, Canada<\/strong>\u2014<a href=\"https:\/\/www.thorequities.com\/\" rel=\"nofollow noopener\" target=\"_blank\">Thor Equities<\/a> acquired two adjacent mixed-use buildings in Downtown Montreal\u2019s prime retail corridor for over $20 million. 1325 St. Catherine St. is a 2,600-square-foot retail property occupied by Boutique TAG, while the adjacent 1327-1333 St. Catherine St. is a six-story corner building offering 11,860 square feet of <a href=\"https:\/\/www.commercialsearch.com\/news\/retail\/\" target=\"_blank\" rel=\"noopener\">retail space<\/a> and an additional 18,550 square feet of <a href=\"https:\/\/www.commercialsearch.com\/news\/office\/\" target=\"_blank\" rel=\"noopener\">office space<\/a>.<\/p>\n<p>Thor Equities plans to extend the retail space to the currently-vacant second floor, and upgrade the ground floor which is occupied by ECCO, Vasco and Paris Caf\u00e9.<\/p>\n<p>The area is a top prime shopping destination in Montreal. High-end fashion and technology brands have flagship stores nearby. The two properties are also in the vicinity of educational and cultural landmarks such as McGill College Campus or Mus\u00e9e des Beaux Arts.<\/p>\n<p>Several development plans target the district, including a 250,000-square-foot <a href=\"https:\/\/www.commercialsearch.com\/news\/mixed-use\/\" target=\"_blank\" rel=\"noopener\">mixed-use luxury project<\/a> currently under construction along Rue de la Montagne. Additionally, the City of Montreal announced its plan to invest in new pedestrian malls, free Wi-Fi and heated sidewalks on Saint Catherine Street.<\/p>\n<p>Thor Equities is close to finalizing the purchase of 1391-1397 St. Catherine St., a corner building offering 23,800 square feet of retail and residential space over four levels, including 6,900 square feet of retail on the ground and lower levels.<\/p>\n<p><em>Image courtesy of Thor Equities<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The two properties offer over 33,000 square feet of retail and office space on Saint Catherine Street in Montreal.<\/p>\n","protected":false},"author":236,"featured_media":1004144550,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,16,21783,21752,21742,21749],"tags":[],"class_list":["post-1004144548","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-international","category-investment","category-mixed-use","category-latest","category-retail"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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