{"id":1004287229,"date":"2018-12-19T08:27:00","date_gmt":"2018-12-19T16:27:00","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004287229"},"modified":"2022-12-08T17:49:15","modified_gmt":"2022-12-09T01:49:15","slug":"thor-equities-sells-retail-space-in-downtown-chicago","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/thor-equities-sells-retail-space-in-downtown-chicago\/","title":{"rendered":"Thor Equities Sells Retail Space in Downtown Chicago"},"content":{"rendered":"<div id=\"attachment_1004287235\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/12\/36-S.-State-St..png\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004287235\" data-attachment-id=\"1004287235\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/thor-equities-sells-retail-space-in-downtown-chicago\/36-s-state-st\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/12\/36-S.-State-St..png\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"36 S. State St.\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;36 S. State St.&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/12\/36-S.-State-St..png?w=800\" class=\"wp-image-1004287235 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/12\/36-S.-State-St..png\" alt=\"\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/12\/36-S.-State-St..png 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/12\/36-S.-State-St..png?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/12\/36-S.-State-St..png?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004287235\" class=\"wp-caption-text\">36 S. State St.<\/p><\/div>\n<p>Thor Equities has sold one of its retail spaces in downtown Chicago. The buyer, Jenel Management Corp., paid $26 million for the two-story shopping center located at the corner of South State and West Monroe streets. The 18,000 square-foot space has been recently upgraded and is fully leased to Verizon, T-Mobile and Blick Art Materials. Michael Marks, managing director with Cushman &amp; Wakefield, brokered the deal.<\/p>\n<p>The asset is part of a 19-story building at 36 S. State St., which Thor bought in 2004 for $10.4 million. The company then sold the upper floors to a developer to be converted into residential condominiums. The property faces a WeWork office at the Monroe entrance and is adjacent to CIBC Theatre. It is steps away from the CTA Red Line station on Monroe.<\/p>\n<p>Thor owns a number of properties in downtown Chicago, including 800 W. Fulton Market, 942 W. Fulton Market, 1003 W. Fulton Market and 1229 W. Randolph Street. The company is preparing to deliver the <a href=\"https:\/\/www.commercialsearch.com\/news\/thor-equities-breaks-ground-on-chicago-mixed-use-project\/\">108,650 square-foot retail and office<\/a> space at 905 W. Fulton Market, a Hartshorne Pluckard Architecture project.<\/p>\n<p><em>Image via Google Street View \u00a0\u00a0\u00a0<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The buyer, Jenel Management Corp., paid $26 million for the two-story shopping center which is currently leased to Verizon, T-Mobile and Blick Art Materials. <\/p>\n","protected":false},"author":242,"featured_media":1004287235,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1491,21743,21783,13,21742,21749],"tags":[32799,32776,33061],"class_list":["post-1004287229","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-chicago","category-deals","category-investment","category-midwest","category-latest","category-retail","tag-cushman-wakefield","tag-thor-equities","tag-verizon"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Thor Equities Sells Retail Space in Downtown Chicago - 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-retail-space-in-downtown-chicago\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Thor Equities Sells Retail Space in Downtown Chicago\" \/>\n<meta property=\"og:description\" content=\"The buyer, Jenel Management Corp., paid $26 million for the two-story shopping center which is currently leased to Verizon, T-Mobile and Blick Art Materials.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/thor-equities-sells-retail-space-in-downtown-chicago\/\" \/>\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=\"2018-12-19T16:27:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T01:49:15+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/12\/36-S.-State-St..png\" \/>\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\/png\" \/>\n<meta name=\"author\" content=\"Roxana Baiceanu\" \/>\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\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/thor-equities-sells-retail-space-in-downtown-chicago\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/thor-equities-sells-retail-space-in-downtown-chicago\/\",\"name\":\"Thor Equities Sells Retail Space in Downtown Chicago - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/thor-equities-sells-retail-space-in-downtown-chicago\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/thor-equities-sells-retail-space-in-downtown-chicago\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/12\/36-S.-State-St..png\",\"datePublished\":\"2018-12-19T16:27:00+00:00\",\"dateModified\":\"2022-12-09T01:49:15+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/94dbd38faeeb26b4b597d7fbd793c52a\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/thor-equities-sells-retail-space-in-downtown-chicago\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/thor-equities-sells-retail-space-in-downtown-chicago\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/thor-equities-sells-retail-space-in-downtown-chicago\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/12\/36-S.-State-St..png\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/12\/36-S.-State-St..png\",\"width\":800,\"height\":620,\"caption\":\"36 S. State St.\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/thor-equities-sells-retail-space-in-downtown-chicago\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Thor Equities Sells Retail Space in Downtown Chicago\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/94dbd38faeeb26b4b597d7fbd793c52a\",\"name\":\"Roxana Baiceanu\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/3b53ac30b1c6182291aa4706b8e0e2889ea9ece466565b0ba600114a3c88925f?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/3b53ac30b1c6182291aa4706b8e0e2889ea9ece466565b0ba600114a3c88925f?s=96&d=mm&r=g\",\"caption\":\"Roxana Baiceanu\"},\"description\":\"Roxana Baiceanu covers real estate trends, extraordinary homes, and the latest real estate news. In her spare time she likes to read and watch TED videoclips.\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/author\/roxanabaiceanu\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Thor Equities Sells Retail Space in Downtown Chicago - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/thor-equities-sells-retail-space-in-downtown-chicago\/","og_locale":"en_US","og_type":"article","og_title":"Thor Equities Sells Retail Space in Downtown Chicago","og_description":"The buyer, Jenel Management Corp., paid $26 million for the two-story shopping center which is currently leased to Verizon, T-Mobile and Blick Art Materials.","og_url":"https:\/\/www.commercialsearch.com\/news\/thor-equities-sells-retail-space-in-downtown-chicago\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2018-12-19T16:27:00+00:00","article_modified_time":"2022-12-09T01:49:15+00:00","og_image":[{"width":800,"height":620,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/12\/36-S.-State-St..png","type":"image\/png"}],"author":"Roxana Baiceanu","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/thor-equities-sells-retail-space-in-downtown-chicago\/","url":"https:\/\/www.commercialsearch.com\/news\/thor-equities-sells-retail-space-in-downtown-chicago\/","name":"Thor Equities Sells Retail Space in Downtown Chicago - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/thor-equities-sells-retail-space-in-downtown-chicago\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/thor-equities-sells-retail-space-in-downtown-chicago\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/12\/36-S.-State-St..png","datePublished":"2018-12-19T16:27:00+00:00","dateModified":"2022-12-09T01:49:15+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/94dbd38faeeb26b4b597d7fbd793c52a"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/thor-equities-sells-retail-space-in-downtown-chicago\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/thor-equities-sells-retail-space-in-downtown-chicago\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/thor-equities-sells-retail-space-in-downtown-chicago\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/12\/36-S.-State-St..png","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/12\/36-S.-State-St..png","width":800,"height":620,"caption":"36 S. State St."},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/thor-equities-sells-retail-space-in-downtown-chicago\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Thor Equities Sells Retail Space in Downtown Chicago"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/94dbd38faeeb26b4b597d7fbd793c52a","name":"Roxana Baiceanu","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/3b53ac30b1c6182291aa4706b8e0e2889ea9ece466565b0ba600114a3c88925f?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/3b53ac30b1c6182291aa4706b8e0e2889ea9ece466565b0ba600114a3c88925f?s=96&d=mm&r=g","caption":"Roxana Baiceanu"},"description":"Roxana Baiceanu covers real estate trends, extraordinary homes, and the latest real estate news. In her spare time she likes to read and watch TED videoclips.","url":"https:\/\/www.commercialsearch.com\/news\/author\/roxanabaiceanu\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/12\/36-S.-State-St..png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004287229","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/242"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004287229"}],"version-history":[{"count":4,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004287229\/revisions"}],"predecessor-version":[{"id":1004567539,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004287229\/revisions\/1004567539"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004287235"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004287229"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004287229"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004287229"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}