{"id":1004265410,"date":"2018-09-18T03:14:17","date_gmt":"2018-09-18T11:14:17","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004265410"},"modified":"2022-12-07T12:07:42","modified_gmt":"2022-12-07T20:07:42","slug":"thor-equities-sells-london-office-asset-for-64m","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/thor-equities-sells-london-office-asset-for-64m\/","title":{"rendered":"Thor Equities Sells London Office Asset for $64M"},"content":{"rendered":"<p>By IvyLee Rosario<\/p>\n<div id=\"attachment_1004265419\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/09\/151-Wardour-St.-.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004265419\" data-attachment-id=\"1004265419\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/thor-equities-sells-london-office-asset-for-64m\/151-wardour-st\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/09\/151-Wardour-St.-.jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;16&quot;,&quot;credit&quot;:&quot;Photographer: Julian Nieman&quot;,&quot;camera&quot;:&quot;Canon EOS 5D Mark II&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1268830454&quot;,&quot;copyright&quot;:&quot;\\u00a9 Julian Nieman&quot;,&quot;focal_length&quot;:&quot;24&quot;,&quot;iso&quot;:&quot;100&quot;,&quot;shutter_speed&quot;:&quot;0.1&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"151 Wardour St.\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;151 Wardour St.&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/09\/151-Wardour-St.-.jpg?w=800\" class=\"wp-image-1004265419 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/09\/151-Wardour-St.-.jpg\" alt=\"\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/09\/151-Wardour-St.-.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/09\/151-Wardour-St.-.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/09\/151-Wardour-St.-.jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004265419\" class=\"wp-caption-text\">151 Wardour St.<\/p><\/div>\n<p>Thor Equities Europe has closed the sale of 151 Wardour St. in London for $64.4 million, or&nbsp;\u00a349 million.&nbsp;<\/p>\n<p>The six-story property comprises 25,365 square feet. Thor bought the asset for $56.5 million (\u00a343 million) in 2017 and refurbished the facade. The company then leased the first through fifth floors to coworking company The Office Group, while Lebanese restaurant Maison du&nbsp;Mezze signed a 4,800-square-foot ground floor lease. Additional tenants include&nbsp;Hummingbird Bakery and L&#8217;ETO Caffe.<\/p>\n<p><em>&#8220;After renovating and significantly improving the tenant mix at 151 Wardour St., we felt the time was right to sell this desirable asset located in a prime area of Soho,&#8221;<\/em> said Joseph Sitt, CEO of Thor Equities, in a prepared statement.<\/p>\n<h2>Additional European deals&nbsp;<\/h2>\n<p>Thor owns properties throughout Europe, including 145 Oxford St., 105-109 Oxford St., 100 New Oxford St. and Bond Street House in London, 51-53 Blvd. Haussmann in Paris, 5 Puerta del Sol, 11 Puerta del Sol and 30 Gran Via in Madrid, and 26 Via della Spiga in Milan.<\/p>\n<p>In May, a joint venture between Thor Equities and Meyer Bergman <a href=\"https:\/\/www.commercialsearch.com\/news\/thor-equities-meyer-bergman-to-sell-london-retail-asset-for-407m\/\">sold London\u2019s Burlington Arcade for $406.5 million<\/a> (\u00a3300 million), to a private investor.&nbsp;<\/p>\n<p><em>Image courtesy of Thor Equities&nbsp;<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The firm purchased the property in 2017 and refurbished its facade. The six-story building comprises a little more than 25,000 square feet.<\/p>\n","protected":false},"author":746,"featured_media":1004265419,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,16,21783,21742,21747],"tags":[32776],"class_list":["post-1004265410","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-international","category-investment","category-latest","category-office","tag-thor-equities"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Thor Equities Sells London Office Asset for $64M - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/thor-equities-sells-london-office-asset-for-64m\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Thor Equities Sells London Office Asset for $64M\" \/>\n<meta property=\"og:description\" content=\"The firm purchased the property in 2017 and refurbished its facade. The six-story building comprises a little more than 25,000 square feet.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/thor-equities-sells-london-office-asset-for-64m\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2018-09-18T11:14:17+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-07T20:07:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/09\/151-Wardour-St.-.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"620\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"IvyLee Rosario\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/thor-equities-sells-london-office-asset-for-64m\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/thor-equities-sells-london-office-asset-for-64m\\\/\"},\"author\":{\"name\":\"IvyLee Rosario\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/f2094ece0e063845f848c7f1c7b84780\"},\"headline\":\"Thor Equities Sells London Office Asset for $64M\",\"datePublished\":\"2018-09-18T11:14:17+00:00\",\"dateModified\":\"2022-12-07T20:07:42+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/thor-equities-sells-london-office-asset-for-64m\\\/\"},\"wordCount\":210,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/thor-equities-sells-london-office-asset-for-64m\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2018\\\/09\\\/151-Wardour-St.-.jpg\",\"keywords\":[\"Thor Equities\"],\"articleSection\":[\"Deals\",\"International\",\"Investment\",\"News\",\"Office\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/thor-equities-sells-london-office-asset-for-64m\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/thor-equities-sells-london-office-asset-for-64m\\\/\",\"name\":\"Thor Equities Sells London Office Asset for $64M - 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