A 180,000 square foot industrial property located at 1370 Imperial Way in West Deptford was sold for $25,600,000. The transaction involved Joseph Sitt from Thor Equities Group as the buyer and Jonathan Rubin from Modani Properties as the seller.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $25,600,000
• Buyer: Joseph Sitt - Thor Equities Group
• Seller: Jonathan Rubin - Modani Properties
• Address: 1370 Imperial Way
• Market: West Deptford
• Square Footage: 180,000
• Price Per Square Foot: $142

Thor Equities Group, led by Joseph Sitt, acquired the warehouse, marking a strategic move to expand its industrial portfolio in the West Deptford area. The acquisition signifies the firm's diversification into industrial and life sciences sectors, moving beyond its established luxury retail ventures.